SAP SE Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	36,800	34,176	31,207	30,871	26,953
Revenue Growth (YoY)	7.68%	9.51%	1.09%	14.54%	-1.41%
Cost of Revenue	9,986	9,243	8,674	8,936	7,219
Gross Profit	26,814	24,932	22,534	21,935	19,734
Selling, General & Admin	10,512	10,525	10,192	11,015	8,043
Research & Development	6,633	6,514	6,324	6,166	5,270
Other Operating Expenses	52	3,229	219	84	113
Operating Income	9,617	4,665	5,799	4,670	6,308
Interest Income	1,911	1,429	857	820	3,123
Interest Expense	-1,377	-1,031	-1,313	-2,205	-945
Other Non-Operating Income (Expense)	652	100	-459	-1,580	2,197
Total Non-Operating Income (Expense)	1,186	498	-915	-2,965	4,375
Pretax Income	10,270	4,764	5,341	3,090	8,505
Provision for Income Taxes	2,944	1,614	1,741	1,382	1,682
Net Income	14,322	6,248	9,773	2,284	11,685
Minority Interest in Earnings	330	52	-208	-576	516
Earnings From Discontinued Operations	0	0	2,363	-	-1,447
Net Income to Common	14,322	6,248	9,773	2,284	11,685
Net Income Growth	129.22%	-36.07%	327.89%	-80.45%	127.11%
Shares Outstanding (Basic)	1,166	1,166	1,167	1,170	1,180
Shares Outstanding (Diluted)	1,175	1,180	1,180	1,175	1,180
Shares Change (YoY)	-0.42%	-	0.43%	-0.42%	-0.17%
EPS (Basic)	6.14	2.68	5.26	2.80	5.45
EPS (Diluted)	6.10	2.65	5.20	2.79	5.45
EPS Growth	130.19%	-49.04%	86.38%	-48.81%	25.29%
Free Cash Flow	8,417	4,410	5,461	4,770	5,481
Free Cash Flow Growth	90.86%	-19.25%	14.49%	-12.97%	-14.06%
Free Cash Flow Per Share	7.16	3.74	4.63	4.06	4.64
Dividends Per Share	2.500	2.350	2.200	2.050	1.950
Dividend Growth	6.38%	6.82%	7.32%	5.13%	5.41%
Gross Margin	72.86%	72.95%	72.21%	71.05%	73.22%
Operating Margin	26.13%	13.65%	18.58%	15.13%	23.40%
Profit Margin	19.91%	9.22%	11.54%	5.53%	19.95%
FCF Margin	22.87%	12.90%	17.50%	15.45%	20.34%
EBITDA	10,928	5,945	7,172	6,239	7,845
EBITDA Margin	29.70%	17.40%	22.98%	20.21%	29.11%
EBIT	9,617	4,665	5,799	4,670	6,308
EBIT Margin	26.13%	13.65%	18.58%	15.13%	23.40%
Effective Tax Rate	28.67%	33.88%	32.60%	44.72%	19.78%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.