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.
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 | Oracle | 457.43 Bn | 426.08 Bn | - | 13.05 Bn |
| 2 | Sap Se | 264.23 Bn | 243.15 Bn | 8.40 Bn | -8.41 Bn |
| 3 | Workday | 47.22 Bn | 43.82 Bn | 2.21 Bn | 2.34 Bn |
| 4 | Roper Technologies | 40.28 Bn | 39.92 Bn | 1.47 Bn | 885.50 Mn |
| 5 | Fidelity National Information Services | 21.61 Bn | 20.87 Bn | 1.17 Bn | 684.00 Mn |
| 6 | Tyler Technologies | 17.53 Bn | 16.56 Bn | 307.06 Mn | 156.57 Mn |
| 7 | Brightstar Lottery | 2.11 Bn | 2.72 Bn | 299.00 Mn | 69.00 Mn |
| 8 | i3 Verticals | 441.95 Mn | 559.09 Mn | 36.75 Mn | 53.96 Mn |
| 9 | Netsol Technologies | 48.20 Mn | 36.07 Mn | 9.03 Mn | 7.73 Mn |
| 10 | Mind Cti | 20.58 Mn | 7.11 Mn | 2.55 Mn | 1.86 Mn |
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 |