Sap Se (SAPGF) Research & Development (2009 - 2026)

Sap Se (SAPGF) recorded quarterly Research & Development of -$2.0 billion in Q1 2026, up 74.21% quarter-over-quarter from -$7.7 billion in Q4 2025, and down 13.16% on a YoY basis from -$2.3 billion in Q1 2025.

Sap Se (SAPGF) Research & Development (2009 - 2026) Analysis & Trends

Sap Se's Research & Development history runs 18 years deep, the most recent figure standing at -$2.0 billion for Q1 2026.

  • In Q1 2026, Research & Development fell 13.16% year-over-year to -$2.0 billion; the TTM figure through Mar 2026 stood at -$15.4 billion (down 9.99% YoY), while the FY2025 annual figure was -$7.5 billion, down 6.29% from the prior year.
  • Research & Development was -$2.0 billion for Q1 2026 at Sap Se, up from -$7.7 billion in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$1.6 billion in Q1 2022 to a low of -$7.7 billion in Q4 2025.
  • Historically, Research & Development has averaged -$3.3 billion across 5 years, with a median of -$1.9 billion in 2025.
  • The sharpest annual moves came in 2022 and 2024: Research & Development soared 64.45% in 2022, then slumped 106.64% in 2024.
  • A 5-year view of Research & Development shows it stood at -$6.2 billion in 2022, then declined by 9.69% to -$6.8 billion in 2023, then retreated by 2.3% to -$7.0 billion in 2024, then declined by 10.92% to -$7.7 billion in 2025, then soared by 74.21% to -$2.0 billion in 2026.
  • The last three Research & Development figures came in at -$2.0 billion (Q1 2026), -$7.7 billion (Q4 2025), and -$1.9 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 262.33 Bn 244.36 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 173.49 Bn 170.93 Bn - -37.02 Mn
3 Salesforce 158.80 Bn 146.96 Bn 8.56 Bn 1.63 Bn
4 Shopify 144.36 Bn 138.62 Bn 1.55 Bn 437.00 Mn
5 Uber Technologies 144.25 Bn 143.21 Bn 11.88 Bn 951.00 Mn
6 ServiceNow 118.74 Bn 113.56 Bn 2.83 Bn 823.00 Mn
7 Cadence Design Systems 107.33 Bn 105.92 Bn 1.26 Bn 508.44 Mn
8 Adobe 100.50 Bn 93.61 Bn 5.73 Bn 1.11 Bn
9 Automatic Data Processing 92.49 Bn 89.26 Bn 2.87 Bn 253.90 Mn
10 Sap Se - - 8.16 Bn -1.99 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.99 Bn
Dec 31, 2025 -7.72 Bn
Sep 30, 2025 -1.92 Bn
Jun 30, 2025 -3.73 Bn
Mar 31, 2025 -1.76 Bn
Dec 31, 2024 -6.96 Bn
Sep 30, 2024 -1.72 Bn
Jun 30, 2024 -3.52 Bn
Mar 31, 2024 -1.81 Bn
Dec 31, 2023 -6.80 Bn
Sep 30, 2023 -1.65 Bn
Jun 30, 2023 -1.70 Bn
Mar 31, 2023 -1.69 Bn
Dec 31, 2022 -6.20 Bn
Sep 30, 2022 -1.58 Bn
Jun 30, 2022 -3.11 Bn
Mar 31, 2022 -1.57 Bn
Dec 31, 2021 -5.94 Bn
Sep 30, 2021 -4.46 Bn
Jun 30, 2021 -2.98 Bn