SAP

SAP · NYSE · USD

$207.60−1.51%−$3.19

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.

Income statement · 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 revenue	9,877	9,555	9,684	9,076	9,027	9,013	9,378	8,470	8,288	8,041	8,468	7,744
Cost of revenue	2,629	2,540	2,509	2,381	2,383	2,381	2,404	2,234	2,258	2,267	2,254	2,097
Gross profit	7,248	7,015	7,175	6,695	6,644	6,632	6,974	6,236	6,030	5,774	6,214	5,647
Selling, general and administrative	2,662	2,424	2,627	2,478	2,448	2,497	2,817	2,394	2,481	2,573	2,404	2,368
Research and development	1,844	1,700	1,697	1,643	1,616	1,672	1,673	1,568	1,604	1,663	1,670	1,513
Operating income	2,728	2,869	2,829	2,566	2,569	2,455	2,430	2,252	1,940	1,534	2,136	1,763
EBIT	2,728	2,869	2,829	2,566	2,569	2,455	2,430	2,252	1,940	1,534	2,136	1,763
EBITDA	3,044	3,174	3,154	2,884	2,888	2,804	2,767	2,569	2,253	1,847	2,467	2,091
Interest expense	81.0	148	817	312	69.0	207	219	241	104	156	87.0	279
Pre-tax income	3,007	2,746	2,555	2,745	2,502	2,468	2,207	2,150	1,388	-981	1,811	1,761
Income tax	797	800	825	694	753	672	591	710	470	-157	609	489
Net income	2,180	1,932	1,680	2,004	1,697	1,780	1,601	1,463	888	-828	1,222	1,278
Net income to common shareholders	2,180	1,932	1,680	2,004	1,697	1,780	1,601	1,463	888	-828	1,222	1,278
Basic EPS	1.89	1.66	1.44	1.72	1.46	1.53	1.37	1.25	0.74	-0.71	1.05	1.09
Diluted EPS	1.89	1.65	1.43	1.71	1.45	1.51	1.37	1.24	0.73	-0.71	1.04	1.08
Average shares (basic)	1,153	1,163	1,166	1,164	1,166	1,167	1,165	1,166	1,208	1,167	1,166	1,168
Average shares (diluted)	1,158	1,168	1,172	1,172	1,175	1,177	1,176	1,178	1,208	1,167	1,178	1,180
Dividend per share	—	—	2.50	—	—	—	2.35	—	—	—	2.20	—