SAP

SAP · Xetra · EUR

€183.92−1.51%−€2.82

Close · October 2, 2026

At a glance

Revenue growth: +7.68%; 2025 vs 2024
Net income growth: +129.23%; 2025 vs 2024
Net margin: 19.5%; 2024: 9.1%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	70,362	74,237	68,331	72,159	71,174	58,464	60,212	51,502	42,484	44,277
Current assets	20,256	21,401	20,571	18,522	20,044	15,069	15,213	16,620	11,930	11,564
Cash and equivalents	8,220	9,609	8,124	9,008	8,898	5,311	5,314	8,627	4,011	3,702
Short-term investments	1,318	1,478	3,157	689	2,635	1,555	200	326	842	196
Receivables	7,718	7,828	7,021	6,868	7,050	7,092	8,736	6,879	6,472	7,114
Net property, plant and equipment	4,302	4,337	4,114	4,792	4,900	4,942	5,460	3,329	2,754	2,434
Goodwill	29,014	31,264	29,081	33,077	31,089	27,538	29,159	23,736	21,271	23,311
Other intangible assets	2,282	2,706	2,505	3,835	3,965	3,784	4,491	3,227	2,967	3,786
Long-term investments	6,762	6,619	5,102	5,289	5,954	3,243	2,036	1,280	895	990
Current liabilities	17,416	19,082	14,641	17,453	16,136	12,842	14,462	10,486	10,210	9,675
Accounts payable	2,431	1,988	1,783	2,146	1,580	1,367	1,581	1,491	1,151	1,015
Long-term debt	4,194	5,300	6,027	6,961	9,244	11,860	11,086	10,535	5,003	6,450
Total debt	6,978	7,903	8,791	12,157	14,216	14,532	14,720	11,303	6,301	7,880
Total liabilities	25,288	28,431	24,925	29,311	29,651	28,537	29,390	22,625	16,969	17,880
Total equity (incl. minority)	45,074	45,806	43,406	42,848	41,523	29,927	30,822	28,877	25,515	26,397
Retained earnings	47,345	42,907	42,457	36,418	37,022	32,026	28,783	27,407	24,769	22,302
Minority interest	488	368	249	2,662	2,670	211	76.0	45.0	31.0	21.0