SAP SE (SAP) Earnings History
Annual and quarterly earnings data from 1996 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 73.5% | 28.0% | 19.9% |
| 2024 | 73.0% | 13.6% | 9.1% |
| 2023 | 72.2% | 18.6% | 19.7% |
| 2022 | 72.8% | 20.0% | 7.7% |
| 2021 | 73.2% | 23.4% | 19.5% |
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SAP SE (SAP) Earnings Overview
As of February 28, 2026, SAP SE (SAP) reported trailing twelve-month net income of $7.31B, reflecting +1.3% year-over-year growth. The company earned $6.24 per diluted share over the past four quarters, with a net profit margin of 0.2%.
Looking at the long-term picture, SAP's 5-year EPS compound annual growth rate (CAGR) stands at +6.6%, showing solid earnings momentum. The company achieved its highest annual net income of $7.04B in fiscal 2025, representing a new all-time high.
SAP SE maintains positive profitability with a gross margin of 0.7%, operating margin of 0.3%, and net margin of 0.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including UBER ($10.05B net income, 0.2% margin), YMM ($4.18B net income, 0.3% margin), QXO (-$279M net income, -0.0% margin), SAP has outperformed on profitability metrics. Compare SAP vs UBER →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
30 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.04B | +125.3% | $9.89B | $5.99 | 19.9% | 28.0% |
| 2024 | $3.12B | -49.1% | $4.67B | $2.65 | 9.1% | 13.6% |
| 2023 | $6.14B | +168.8% | $5.80B | $5.20 | 19.7% | 18.6% |
| 2022 | $2.28B | -56.5% | $5.91B | $1.95 | 7.7% | 20.0% |
| 2021 | $5.26B | +2.2% | $6.31B | $4.56 | 19.5% | 23.4% |
| 2020 | $5.14B | +54.9% | $6.62B | $4.35 | 18.8% | 24.2% |
| 2019 | $3.32B | -18.7% | $4.47B | $2.80 | 12.1% | 16.2% |
| 2018 | $4.08B | +1.9% | $5.70B | $3.42 | 16.5% | 23.1% |
| 2017 | $4.01B | +10.0% | $4.88B | $3.35 | 17.1% | 20.8% |
| 2016 | $3.64B | +18.9% | $5.13B | $3.03 | 16.5% | 23.3% |
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Start ComparisonFrequently Asked Questions
Is SAP growing earnings?
SAP EPS of $6.24 reflects slowing growth at +1.3%, below the 5-year CAGR of +6.6%. TTM net income is $7.3B. Expansion rate has moderated.
What are SAP's profit margins?
SAP SE net margin is +0.2%, with operating margin at +0.3%. Below-average margins reflect competitive or cost pressures.
How consistent are SAP's earnings?
SAP earnings data spans 1996-2025. The current earnings trend is +1.3% YoY. Historical data enables comparison across business cycles.