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
DateValue
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