Sap Se (SAP) Operating Margin (2009 - 2026)
Sap Se (SAP) recorded Operating Margin of 28.53% in Q3 2026, up 1.13 percentage points from 27.40% a year earlier and up 1.77 percentage points from the prior quarter.
Powered by 
Analysis
Sap Se (SAP) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Sap Se's Operating Margin came in at 48.22% as of Sep 30, 2026, up 6.43 percentage points year-over-year; for FY2025, it came in at 26.13%, up 12.48 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +1.91 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 13.65% in FY2024 (-4.93 pp), 18.58% in FY2023 (+2.76 pp), 15.82% in FY2022 (-1.45 pp) and 17.27% in FY2021 (-6.95 pp).
- Quarterly Operating Margin has ranged from -9.79% in Q1 2024 to 110.09% in Q4 2025 over the past five years.
- On a year-over-year basis, Operating Margin rose in seven of the last eight quarters, with an average year-over-year change of +10.76 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 52.10 percentage points in Q4 2023, against a drop of 20.58 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.76% (Q2 2026), 28.69% (Q1 2026) and 110.09% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 413.65 Bn | 378.59 Bn | 1.93 Bn | 46.89% |
| 2 | Oracle | 374.28 Bn | 246.84 Bn | - | 34.78% |
| 3 | Sap Se | 294.90 Bn | 222.88 Bn | 8.64 Bn | 28.53% |
| 4 | Salesforce | 186.99 Bn | 142.87 Bn | 8.70 Bn | 20.55% |
| 5 | Automatic Data Processing | 120.08 Bn | 106.87 Bn | 2.53 Bn | -30.06% |
| 6 | ServiceNow | 113.02 Bn | 92.28 Bn | 2.90 Bn | 9.38% |
| 7 | Intuit | 95.72 Bn | 75.07 Bn | 3.44 Bn | 10.91% |
| 8 | Relx | 74.73 Bn | 73.84 Bn | - | - |
| 9 | Strategy | 57.35 Bn | 44.49 Bn | 89.63 Mn | 16,670.89% |
| 10 | Thomson Reuters | 52.16 Bn | 48.13 Bn | - | 21.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.53% |
| 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 | 24.83% |
| Sep 30, 2022 | 20.83% |
| Jun 30, 2022 | 14.71% |
| Mar 31, 2022 | 21.72% |
| Dec 31, 2021 | 18.33% |
API Access
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();