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| Date | Value |
|---|---|
| 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 |