Sap Se (SAP) Net Margin (2009 - 2026)
Sap Se (SAP) recorded Net Margin of 21.90% in Q3 2026, down 0.18 percentage points from 22.08% a year earlier and down 0.17 percentage points from the prior quarter.
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Analysis
Sap Se (SAP) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Sap Se's Net Margin came in at 20.83% as of Sep 30, 2026, up 1.38 percentage points year-over-year; for FY2025, it came in at 19.46%, up 10.32 percentage points from FY2024.
- Annual Net Margin has a five-year change of +0.64 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 9.14% in FY2024 (-10.53 pp), 19.67% in FY2023 (+11.93 pp), 7.74% in FY2022 (-11.76 pp) and 19.50% in FY2021 (+0.68 pp).
- Quarterly Net Margin has ranged from -10.30% in Q1 2024 to 41.85% in Q2 2023 over the past five years.
- On a year-over-year basis, Net Margin rose in seven of the last eight quarters, with an average year-over-year change of +6.39 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 33.05 percentage points in Q2 2023, against a drop of 31.13 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.07% (Q2 2026), 20.22% (Q1 2026) and 19.06% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 413.65 Bn | 378.59 Bn | 1.93 Bn | 48.76% |
| 2 | Oracle | 374.28 Bn | 246.84 Bn | - | 24.19% |
| 3 | Sap Se | 294.90 Bn | 222.88 Bn | 8.64 Bn | 21.90% |
| 4 | Salesforce | 186.99 Bn | 142.87 Bn | 8.70 Bn | 31.08% |
| 5 | Automatic Data Processing | 120.08 Bn | 106.87 Bn | 2.53 Bn | 20.49% |
| 6 | ServiceNow | 113.02 Bn | 92.28 Bn | 2.90 Bn | 6.75% |
| 7 | Intuit | 95.72 Bn | 75.07 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 74.73 Bn | 73.84 Bn | - | - |
| 9 | Strategy | 57.35 Bn | 44.49 Bn | 89.63 Mn | 15,243.08% |
| 10 | Thomson Reuters | 52.16 Bn | 48.13 Bn | - | 19.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.90% |
| Jun 30, 2026 | 22.07% |
| Mar 31, 2026 | 20.22% |
| Dec 31, 2025 | 19.06% |
| Sep 30, 2025 | 22.08% |
| Jun 30, 2025 | 18.80% |
| Mar 31, 2025 | 19.75% |
| Dec 31, 2024 | 17.07% |
| Sep 30, 2024 | 17.27% |
| Jun 30, 2024 | 10.71% |
| Mar 31, 2024 | -10.30% |
| Dec 31, 2023 | 14.42% |
| Sep 30, 2023 | 16.50% |
| Jun 30, 2023 | 41.85% |
| Mar 31, 2023 | 6.44% |
| Dec 31, 2022 | 9.18% |
| Sep 30, 2022 | 11.77% |
| Jun 30, 2022 | 8.80% |
| Mar 31, 2022 | 15.10% |
| Dec 31, 2021 | 18.22% |
API Access
Sap Se Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();