Sap Se (SAPGF) Operating Leases (2019 - 2025)
Sap Se (SAPGF) recorded quarterly Operating Leases of $1.7 billion in Q4 2025, up 9.7% quarter-over-quarter from $1.5 billion in Q4 2024, and up 9.7% on a YoY basis from $1.5 billion in Q4 2024.
Sap Se (SAPGF) 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.
- In Q4 2025, Operating Leases rose 9.7% year-over-year to $1.7 billion; the TTM figure through Dec 2025 stood at $1.7 billion (up 9.7% YoY), while the FY2025 annual figure was $1.6 billion, up 5.12% from the prior year.
- Operating Leases was $1.7 billion for Q4 2025 at Sap Se, up from $1.5 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $2.0 billion in Q4 2021 to a low of $1.4 billion in Q4 2023.
- Historically, Operating Leases has averaged $1.7 billion across 5 years, with a median of $1.7 billion in 2025.
- The sharpest annual moves came in 2023 and 2025: Operating Leases retreated 21.86% in 2023, then climbed 9.7% in 2025.
- A 5-year view of Operating Leases shows it stood at $2.0 billion in 2021, then dropped by 7.99% to $1.8 billion in 2022, then decreased by 21.86% 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.
- The last three Operating Leases figures came in at $1.7 billion (Q4 2025), $1.5 billion (Q4 2024), and $1.4 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn |
| 10 | Sap Se | - | - | 8.16 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.66 Bn |
| Dec 31, 2024 | 1.52 Bn |
| Dec 31, 2023 | 1.43 Bn |
| Dec 31, 2022 | 1.83 Bn |
| Dec 31, 2021 | 1.99 Bn |
| Dec 31, 2020 | 2.07 Bn |
| Dec 31, 2019 | 2.01 Bn |