Sap Se (SAP) Operating Expenses (2009 - 2026)

Sap Se (SAP) posted quarterly Operating Expenses of -$16.3 billion for Q2 2026, down 8.87% year-over-year from -$17.9 billion in Q2 2025, and down 104.7% quarter-over-quarter from -$8.0 billion in Q1 2026.

Sap Se (SAP) Operating Expenses (2009 - 2026) Analysis & Trends

Sap Se's Operating Expenses history runs 18 years deep, the most recent figure standing at -$16.3 billion for Q2 2026.

  • In Q2 2026, Operating Expenses fell 8.87% year-over-year to -$16.3 billion; the TTM figure through Jun 2026 stood at -$63.4 billion (down 4.92% YoY), while the FY2025 annual figure was -$30.7 billion, up 3.85% from the prior year.
  • Operating Expenses for Q2 2026 stood at -$16.3 billion, down from -$8.0 billion in the prior quarter.
  • The five-year high for Operating Expenses was -$6.0 billion in Q1 2022, with the low at -$31.5 billion in Q4 2024.
  • The 5-year median for Operating Expenses is -$7.4 billion (2025), against an average of -$11.6 billion.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 76.69% in 2022, then slumped 346.38% in 2024.
  • Sap Se's Operating Expenses stood at -$6.2 billion in 2022, then fell by 14.25% to -$7.1 billion in 2023, then sank by 346.38% to -$31.5 billion in 2024, then grew by 0.45% to -$31.4 billion in 2025, then jumped by 47.98% to -$16.3 billion in 2026.
  • Business Quant data shows SAP's Operating Expenses at -$16.3 billion in Q2 2026, -$8.0 billion in Q1 2026, and -$31.4 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -16.33 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 1.22 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 6.22 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 12.30 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 2.66 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 1.25 Bn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 4.34 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 3.67 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.54 Bn
10 Datadog 91.70 Bn 86.71 Bn 881.34 Mn 875.89 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -16.33 Bn
Mar 31, 2026 -7.98 Bn
Dec 31, 2025 -31.39 Bn
Sep 30, 2025 -7.70 Bn
Jun 30, 2025 -15.00 Bn
Mar 31, 2025 -7.03 Bn
Dec 31, 2024 -31.54 Bn
Sep 30, 2024 -6.87 Bn
Jun 30, 2024 -17.12 Bn
Mar 31, 2024 -9.59 Bn
Dec 31, 2023 -7.06 Bn
Sep 30, 2023 -6.56 Bn
Jun 30, 2023 -6.73 Bn
Mar 31, 2023 -7.12 Bn
Dec 31, 2022 -6.18 Bn
Sep 30, 2022 -5.97 Bn
Jun 30, 2022 -12.22 Bn
Mar 31, 2022 -5.95 Bn
Dec 31, 2021 -26.52 Bn
Sep 30, 2021 -19.66 Bn