Sap Se (SAP) Operating Margin (2009 - 2026)
Sap Se (SAP) recorded Operating Margin of 26.76% in the quarter ended Jun 30, 2026, down 0.45 percentage points from 27.21% a year earlier and down 1.93 percentage points from the prior quarter.
Sap Se (SAP) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Sap Se's Operating Margin came in at 48.48% as of Jun 30, 2026, up 6.51 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 26.13%, up 12.48 percentage points from the prior year.
- Annual Operating Margin has a five-year change of +1.91 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Operating Margin came in at 13.65% in the year ended Dec 31, 2024 (-4.93 pp), 18.58% in the year ended Dec 31, 2023 (-1.45 pp), 20.03% in the year ended Dec 31, 2022 (-3.37 pp) and 23.40% in the year ended Dec 31, 2021 (-0.82 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Operating Margin since the quarter ended Mar 31, 2025.
- On a year-over-year basis, Operating Margin rose in seven of the last eight quarters, with an average year-over-year change of +11.10 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 72.77 percentage points in the quarter ended Dec 31, 2023, against a drop of 98.96 percentage points in the quarter ended Dec 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 28.69% (quarter ended Mar 31, 2026), 110.09% (quarter ended Dec 31, 2025) and 27.40% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 47.12% |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 34.78% |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 26.76% |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 20.55% |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 4.06% |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | -33.33% |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 10.91% |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | -6,808.11% |
| 10 | Workday | 45.49 Bn | 21.61 Bn | 2.00 Bn | 11.82% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.76% |
| Mar 31, 2026 | 28.69% |
| Dec 31, 2025 | 110.09% |
| Sep 30, 2025 | 27.40% |
| Jun 30, 2025 | 27.21% |
| Mar 31, 2025 | 25.88% |
| Dec 31, 2024 | 86.95% |
| Sep 30, 2024 | 26.14% |
| Jun 30, 2024 | 14.74% |
| Mar 31, 2024 | -9.79% |
| Dec 31, 2023 | 76.92% |
| Sep 30, 2023 | 22.25% |
| Jun 30, 2023 | 18.15% |
| Mar 31, 2023 | 10.79% |
| Dec 31, 2022 | 4.15% |
| Sep 30, 2022 | 20.83% |
| Jun 30, 2022 | 14.71% |
| Mar 31, 2022 | 21.72% |
| Dec 31, 2021 | 103.12% |
| Sep 30, 2021 | 18.25% |
Sap Se Operating Margin 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-margin&ticker=SAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=SAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();