SAP SE (SAP) Earnings History
Steady Earner30 years of earnings data (1996–2025) · Positive but moderate multi-year EPS trajectory
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SAP SE (SAP) Earnings Overview
As of June 26, 2026, SAP SE (SAP) reported trailing twelve-month net income of $7.31B, reflecting +126.0% year-over-year growth. The company earned $6.26 per diluted share over the past four quarters, with a net profit margin of 19.5%.
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 $7.16B in fiscal 2025, representing a new all-time high.
SAP SE maintains industry-leading profitability with a gross margin of 72.9%, operating margin of 26.1%, and net margin of 19.5%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including ORCL ($17.09B net income, 25.4% margin), MSFT ($125.22B net income, 36.1% margin), NOW ($1.76B net income, 13.2% margin), SAP has room to improve margins relative to the peer group. Compare SAP vs ORCL →
SAP Earnings vs Peers
Earnings metrics vs comparable public companies
SAP Historical Earnings Data (1996–2025)
30 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.16B | +129.2% | $9.62B | $5.99 | 19.5% | 26.1% |
| 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% |
| 2015 | $3.06B | -6.6% | $4.25B | $2.56 | 14.7% | 20.4% |
| 2014 | $3.28B | -1.4% | $4.33B | $2.74 | 18.7% | 24.7% |
| 2013 | $3.33B | +18.7% | $4.48B | $2.78 | 19.8% | 26.6% |
| 2012 | $2.80B | -18.4% | $4.04B | $2.37 | 17.3% | 24.9% |
| 2011 | $3.44B | +89.7% | $4.88B | $2.89 | 24.1% | 34.3% |
| 2010 | $1.81B | +3.6% | $2.59B | $1.53 | 14.5% | 20.8% |
| 2009 | $1.75B | -5.4% | $2.59B | $1.50 | 16.4% | 24.3% |
| 2008 | $1.85B | -3.9% | $2.70B | $1.55 | 16.0% | 23.3% |
| 2007 | $1.92B | +2.7% | $2.74B | $1.59 | 18.7% | 26.7% |
| 2006 | $1.87B | +25.2% | $2.58B | $1.52 | 19.9% | 27.4% |
| 2005 | $1.50B | +14.2% | $2.34B | $1.20 | 17.6% | 27.5% |
| 2004 | $1.31B | +21.8% | $2.02B | $1.05 | 17.4% | 26.9% |
| 2003 | $1.08B | +111.2% | $1.72B | $0.87 | 15.3% | 24.5% |
| 2002 | $509M | -12.4% | -$5.79B | $0.41 | 6.9% | -78.1% |
| 2001 | $581M | -8.4% | $1.31B | $0.46 | 7.9% | 17.9% |
| 2000 | $634M | +5.5% | $802M | $0.50 | 10.1% | 12.8% |
| 1999 | $601M | +12.1% | $796M | $0.47 | 11.8% | 15.6% |
| 1998 | $536M | +14.6% | $847M | $0.43 | 12.4% | 19.6% |
| 1997 | $468M | -17.6% | $815M | $0.37 | 15.2% | 26.4% |
| 1996 | $568M | - | $944M | $0.45 | 15.2% | 25.4% |
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SAP — Frequently Asked Questions
Quick answers to the most common questions about buying SAP stock.
What is SAP earnings per share (EPS)?
SAP trailing twelve-month (TTM) diluted EPS is $6.26, reflecting +126.0% year-over-year growth. The 5-year EPS CAGR is +6.6%. Complete EPS history from 1996 to 2025 is available in the table on this page.
What is SAP SE's net income?
SAP SE (SAP) trailing twelve-month net income is $7.3B as of 2025. Earnings grew +126.0% year-over-year. SAP SE has been profitable for 30 consecutive years.
Is SAP profitable?
Yes, SAP is profitable with a TTM net income of $7.3B and a net profit margin of +19.5%. SAP SE has generated profits for 30 consecutive years.
What is SAP's earnings growth rate?
SAP compound annual EPS growth rates (CAGR): 1-Year: +126.0%, 3-Year: +45.4%, 5-Year: +6.6%, 10-Year: +8.9%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1996 to 2025.
What are SAP's profit margins?
SAP SE net profit margin is +19.5%, operating margin is +26.1%, and gross margin is +72.9%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +15.7%.
Is SAP growing earnings?
Yes, SAP earnings are accelerating — EPS growth of +126.0% exceeds the 5-year CAGR of +6.6%. TTM net income reached $7.3B. Earnings momentum is strengthening.
What was SAP's best earnings year?
SAP SE's highest annual net income on record is $7.2B, achieved in fiscal year 2025. Earnings history on this page spans 1996 to 2025 and includes all annual and quarterly figures.
What were SAP's earnings last quarter?
SAP's most recent reported quarter was Q1 2026. Net income was $1.9B with diluted EPS of $1.65. For a full breakdown of all quarters, see the quarterly earnings table on this page.