Sap Se (SAP) Operating Expenses (2009 - 2026)
Sap Se (SAP) posted Operating Expenses of -$8.4 billion for Q2 2026, down 5.42% on a QoQ basis from -$8.0 billion in Q1 2026, and down 13.06% year-over-year from -$9.7 billion in Q2 2025.
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Analysis
Sap Se (SAP) Operating Expenses (2009 - 2026) Analysis & Trends
Sap Se has reported Operating Expenses for 18 years, with the latest figure at -$8.4 billion in Q2 2026.
- On a quarterly basis, Operating Expenses fell 13.06% year-over-year to -$8.4 billion in Q2 2026; TTM through Jun 2026 was -$32.4 billion, a 10.92% decrease from a year earlier, with the FY2025 full-year figure at -$30.7 billion, up 3.85% from the prior year.
- Operating Expenses was -$8.4 billion for Q2 2026 at Sap Se, 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 -$9.6 billion in Q1 2024.
- Average Operating Expenses over 5 years is -$7.3 billion, with a median of -$7.1 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 76.69% in 2022, then plunged 34.63% in 2024.
- Over 5 years, Operating Expenses stood at -$6.2 billion in 2022, then decreased by 14.25% to -$7.1 billion in 2023, then fell by 11.34% to -$7.9 billion in 2024, then declined by 5.51% to -$8.3 billion in 2025, then decreased by 1.33% to -$8.4 billion in 2026.
- The last three Operating Expenses figures came in at -$8.4 billion (Q2 2026), -$8.0 billion (Q1 2026), and -$8.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | 726.59 Mn |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 12.62 Bn |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | -8.41 Bn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 6.37 Bn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 4.34 Bn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 3.88 Bn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | 8.41 Bn |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn | 2.34 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.41 Bn |
| Mar 31, 2026 | -7.98 Bn |
| Dec 31, 2025 | -8.30 Bn |
| Sep 30, 2025 | -7.70 Bn |
| Jun 30, 2025 | -7.44 Bn |
| Mar 31, 2025 | -7.03 Bn |
| Dec 31, 2024 | -7.87 Bn |
| Sep 30, 2024 | -6.87 Bn |
| Jun 30, 2024 | -7.61 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 | -6.56 Bn |
| Mar 31, 2022 | -5.95 Bn |
| Dec 31, 2021 | -26.52 Bn |
| Sep 30, 2021 | -6.60 Bn |
API Access
Sap Se Operating Expenses 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=operating-expenses&ticker=SAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=SAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();