Sap Se (SAP) Operating Leases (2019 - 2025)

Sap Se (SAP) posted quarterly Operating Leases of -$2.0 billion for Q4 2025, down 229.18% year-over-year from $1.5 billion in Q4 2024, and down 229.18% quarter-over-quarter from $1.5 billion in Q4 2024.

Sap Se (SAP) Operating Leases (2019 - 2025) Analysis & Trends

Sap Se's Operating Leases history runs 7 years deep, the most recent figure standing at -$2.0 billion for Q4 2025.

  • In Q4 2025, Operating Leases fell 229.18% year-over-year to -$2.0 billion; the TTM figure through Dec 2025 stood at -$2.0 billion (down 229.18% YoY), while the FY2025 annual figure was -$1.9 billion, down 223.79% from the prior year.
  • Operating Leases for Q4 2025 stood at -$2.0 billion, down from $1.5 billion in the prior quarter.
  • The five-year high for Operating Leases was $2.0 billion in Q4 2021, with the low at -$2.2 billion in Q4 2022.
  • The 5-year median for Operating Leases is $1.4 billion (2023), against an average of $157.5 million.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases soared 165.39% in 2023, then slumped 229.18% in 2025.
  • Sap Se's Operating Leases stood at $2.0 billion in 2021, then slumped by 209.94% to -$2.2 billion in 2022, then jumped by 165.39% to $1.4 billion in 2023, then rose by 6.28% to $1.5 billion in 2024, then plunged by 229.18% to -$2.0 billion in 2025.
  • Business Quant data shows SAP's Operating Leases at -$2.0 billion in Q4 2025, $1.5 billion in Q4 2024, and $1.4 billion in Q4 2023.

Peer Comparison

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

Historic Data

Download Data
DateValue
Dec 31, 2025 -1.96 Bn
Dec 31, 2024 1.52 Bn
Dec 31, 2023 1.43 Bn
Dec 31, 2022 -2.18 Bn
Dec 31, 2021 1.99 Bn
Dec 31, 2020 2.07 Bn
Dec 31, 2019 2.01 Bn