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 · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	75,609	73,462	70,362	68,396	68,399	75,629	74,237	69,648	70,378	72,915	68,331	68,011
Current assets	22,649	22,255	20,256	18,907	19,638	23,968	21,401	20,506	20,896	23,796	20,571	20,817
Cash and equivalents	10,511	9,648	8,220	8,554	7,942	11,345	9,609	10,005	7,870	9,295	8,124	9,378
Short-term investments	1,114	397	1,318	1,380	2,236	1,638	1,478	2,067	3,808	4,312	3,157	3,050
Receivables	7,756	9,026	7,718	6,196	6,809	8,507	7,828	5,998	6,687	7,795	7,021	6,015
Net property, plant and equipment	4,504	4,477	4,302	4,396	4,339	4,461	4,337	4,239	4,255	4,264	4,114	4,402
Goodwill	30,408	29,488	29,014	29,028	28,537	30,304	31,264	29,487	29,777	29,558	29,081	29,144
Other intangible assets	2,638	2,269	2,282	2,390	2,289	2,507	2,706	2,708	2,365	2,449	2,505	2,190
Long-term investments	8,123	7,634	6,762	7,058	6,807	7,079	6,619	6,145	6,109	5,687	5,102	5,631
Current liabilities	19,734	20,820	17,416	17,111	19,050	20,550	19,082	18,655	18,662	19,078	14,641	13,391
Accounts payable	2,747	2,548	2,431	2,074	2,210	2,210	1,988	1,932	1,875	1,926	1,783	1,618
Long-term debt	6,726	5,038	4,194	6,089	4,260	6,701	5,300	7,039	5,394	7,940	6,027	9,228
Total debt	9,441	7,862	6,978	9,121	7,248	10,107	7,903	10,903	8,732	9,599	—	—
Total liabilities	30,362	28,097	25,288	25,155	27,000	29,543	28,431	28,181	28,437	29,579	24,925	24,771
Total equity (incl. minority)	45,247	45,365	45,074	43,241	41,399	46,086	45,806	41,467	41,941	43,336	43,406	43,240
Retained earnings	48,579	49,279	47,345	45,671	43,653	44,692	42,907	41,424	39,953	41,630	42,457	41,102
Minority interest	505	505	488	434	401	373	368	255	289	257	249	281