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SAP SE

SAPRank #61TechnologySoftware - Application

Market Cap

$242.0B

Global Rank

#61

All-Time High

$280.0B

2024-12-31

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 83% of the 367 companies we track (globally).
  • Equivalent to 4.8% of Germany's GDP (2025 data).
  • Just above: #60 AstraZeneca PLC ($246.2B)
  • Just below: #62 Toyota Motor Corporation ($236.5B)
  • Best year: 1997 (+128%). Worst year: 2002 (-39%).

$39.6B revenue · $10.3B operating income · $7.7B net income

  • Operating margin: 26.1% on $39.6B in revenue.
  • R&D is 18.0% of revenue ($7.1B).
  • Net income margin: 19.5% — $7.7B in profit.
  • Free cash flow: $9.1B (22.9% of revenue).

Cost / Operating Expenses

Total operating expenses $29.2B

Total

$29.2B

Cost of revenue· Product / service delivery costs (COGS)$10.7B36.8%
Research & development$7.1B24.4%
Sales & marketing$9.5B32.7%
General & administrative$1.8B6.0%

Capital Expenditures

$0.8B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$9.1B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About SAP SE

SAP SE doing business as SAP, is a German multinational software company based in Walldorf, Baden-Württemberg, that is the world's largest vendor of enterprise software.

SAP SE Market Cap History (20262026)

SAP SE vs Sector Peers by Market Cap

Arm Holdings plcARM
$287.2B
Texas Instruments IncorporatedTXN
$256.8B
SAP SESAP
$242.0B
CrowdStrike Holdings, Inc.CRWD
$226.0B
International Business Machines CorporationIBM
$224.6B
Amphenol CorporationAPH
$206.2B
MediaTek Inc.2454.TW
$198.9B
Shopify Inc.SHOP.TO
$189.0B

Compare SAP SE

Ranking History

YearMarket CapRankYoY Change
2026$242.0B#61(17)-13.2%
2025$278.8B#44(14)-0.4%
2024$280.0B#30(25)+61.3%
2023$173.6B#55(23)+52.3%
2022$114.0B#78(13)-24.2%
2021$150.4B#65(7)+9.2%
2020$137.7B#58(19)-1.3%
2019$139.5B#39(7)+36.4%
2018$102.2B#46(6)-10.0%
2017$113.7B#40(4)+31.7%
2016$86.3B#44+11.1%
2015$77.7B#44(8)+15.4%
2014$67.3B#52(18)-18.6%
2013$82.7B#34(7)+10.0%
2012$75.2B#27(11)+55.7%
2011$48.3B#38(7)+6.0%
2010$45.5B#45(3)+9.8%
2009$41.5B#42(1)+31.4%
2008$31.5B#41(6)-28.0%
2007$43.8B#47(10)-2.6%
2006$45.0B#37(1)+18.7%
2005$37.9B#38(8)+2.8%
2004$36.9B#30+7.1%
2003$34.4B#30(21)+114.4%
2002$16.1B#51(4)-38.7%
2001$26.2B#47(6)-4.9%
2000$27.6B#53(23)-35.1%
1999$42.5B#30(1)+45.0%
1998$29.3B#29(5)+35.8%
1997$21.6B#34(12)+128.5%
1996$9.4B#46(10)-9.0%
1995$10.4B#36

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FAQ

What is SAP SE's market cap?

SAP SE (SAP) has a market capitalization of $242.0B, making it the #61 largest company in the world by market cap.

What was SAP SE's highest market cap?

SAP SE's all-time high market cap was $280.0B, reached in 2024-12-31. Its highest rank was #30 in 2024.

What sector is SAP SE in?

SAP SE is in the Technology sector, specifically the Software - Application industry. It is based in Germany.

How has SAP SE's market cap changed over time?

SAP SE has been tracked since 2026. Its market cap has grown by 0% from $242.0B in 2026 to $242.0B today.