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

Sap Se's (SAP) quarterly Operating Leases came in at $1.7 billion in Q4 2025, up 9.7% year-on-year from $1.5 billion in Q4 2024, and up 9.7% 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 $1.7 billion for Q4 2025.

  • On a quarterly basis, Operating Leases rose 9.7% year-over-year to $1.7 billion in Q4 2025; TTM through Dec 2025 was $1.7 billion, a 9.7% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 5.12% from the prior year.
  • Operating Leases rose to $1.7 billion in Q4 2025 per SAP's latest filing, from $1.5 billion in the prior quarter.
  • Across five years, Operating Leases topped out at $2.0 billion in Q4 2021 and bottomed at -$2.2 billion in Q4 2022.
  • The 5-year median for Operating Leases is $1.5 billion (2024), against an average of $882.5 million.
  • Across the five-year window, Operating Leases tumbled 209.94% in 2022 and soared 165.39% in 2023, its largest moves.
  • Year by year, Operating Leases stood at $2.0 billion in 2021, then sank by 209.94% to -$2.2 billion in 2022, then surged by 165.39% to $1.4 billion in 2023, then gained by 6.28% to $1.5 billion in 2024, then increased by 9.7% to $1.7 billion in 2025.
  • Per Business Quant, the three latest SAP Operating Leases figures stand at $1.7 billion (Q4 2025), $1.5 billion (Q4 2024), and $1.4 billion (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.66 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