SAP/€SAP

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About SAP

Founded in Germany in 1972 by former IBM employees, SAP is the world's largest provider of enterprise application software. Known as the leader in enterprise resource planning software, SAP's portfolio also includes software for supply chain management, procurement, travel and expense management, and customer relationship management, among others. The company operates in more than 180 countries and has more than 400,000 customers, approximately 80% of which are small to medium-size enterprises.

Ticker

€SAP

Sector

Software & Cloud Services

Primary listing

XETRA

Employees

110,730
Headquarters

SAP Metrics

BasicAdvanced
€254B
36.64
€6.03
0.90
€2.35
1.06%

What the Analysts think about SAP

Analyst ratings (Buy, Hold, Sell) for SAP stock.

Bulls say / Bears say

SAP’s cloud backlog grew 27% year-over-year in Q3 2025, indicating a healthy pipeline that could support future subscription revenue.
Free cash flow surged 83% year-over-year to €2.36 billion in Q2 2025, beating market expectations by nearly €1 billion and strengthening liquidity.
Non-IFRS operating profit increased 14% to €2.57 billion in Q3 2025, allowing SAP to guide full-year operating profit toward the high end of its €10.3–€10.6 billion range.
Q3 2025 revenue came in at €9.08 billion, falling short of analysts’ €9.17 billion estimate, signaling weaker top-line results.
Growth in cloud revenue slowed to 22% in Q3 2025, marking its weakest pace since Q4 2023 and raising concerns about momentum in SAP’s main growth area.
In July, SAP cautioned that each one-cent rise in the euro could reduce annual revenue by about €30 million, highlighting its exposure to currency risks.
Data summarised monthly by Lightyear AI. Last updated on 5 Nov 2025.

SAP Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

SAP Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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