Sap Se (SAPGF) Net Margin (2009 - 2026)
Sap Se (SAPGF) recorded quarterly Net Margin of 20.22% in Q1 2026, up 235.67% quarter-over-quarter from 14.9% in Q4 2025, and up 47.0% on a YoY basis from 13.75% in Q1 2025.
Sap Se (SAPGF) Net Margin (2009 - 2026) Analysis & Trends
Sap Se's Net Margin history runs 18 years deep, the most recent figure standing at 20.22% for Q1 2026.
- In Q1 2026, Net Margin rose 47.0% year-over-year to 20.22%; the TTM figure through Mar 2026 stood at 19.59% (down 473.0% YoY), while the FY2025 annual figure was 19.46%, up 1032.0% from the prior year.
- Net Margin was 20.22% for Q1 2026 at Sap Se, up from 14.9% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 395.66% in Q4 2024 to a low of 14.9% in Q4 2025.
- Historically, Net Margin has averaged 38.03% across 5 years, with a median of 16.5% in 2023.
- The sharpest annual moves came in 2024 and 2025: Net Margin soared 38124 bps in 2024, then slumped 41056 bps in 2025.
- A 5-year view of Net Margin shows it stood at 59.19% in 2022, then plunged by 76 bps to 14.42% in 2023, then surged by 2644 bps to 395.66% in 2024, then plunged by 104 bps to 14.9% in 2025, then soared by 236 bps to 20.22% in 2026.
- The last three Net Margin figures came in at 20.22% (Q1 2026), 14.9% (Q4 2025), and 22.08% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 262.33 Bn | 244.36 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | - |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 18.74% |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | -18.33% |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 2.29% |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 12.44% |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 22.77% |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 29.52% |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | 22.90% |
| 10 | Sap Se | - | - | 8.16 Bn | 20.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.22% |
| Dec 31, 2025 | -14.90% |
| Sep 30, 2025 | 22.08% |
| Jun 30, 2025 | 19.27% |
| Mar 31, 2025 | 19.75% |
| Dec 31, 2024 | 395.66% |
| Sep 30, 2024 | 17.27% |
| Jun 30, 2024 | 0.37% |
| Mar 31, 2024 | -10.30% |
| Dec 31, 2023 | 14.42% |
| Sep 30, 2023 | 16.50% |
| Jun 30, 2023 | 41.85% |
| Mar 31, 2023 | 6.44% |
| Dec 31, 2022 | 59.19% |
| Sep 30, 2022 | 11.77% |
| Jun 30, 2022 | 11.85% |
| Mar 31, 2022 | 15.10% |
| Dec 31, 2021 | -64.72% |
| Sep 30, 2021 | 19.14% |
| Jun 30, 2021 | 18.41% |