Filing Flows › SAP SE (SAP) › Q3 2026 › vs Q3 2025
SAP SE (SAP) Q3 2026 vs Q3 2025 (year over year)
SAP SE's revenue rose $1.2B (+13%) from $9.1B in Q3 2025 to $10.3B in Q3 2026. The biggest changes: Cloud and software revenue +$1.2B (+15%); Services Revenue −$39.0M (-4%). Gross margin 73.1% against 73.5% (-0.4 pts).
SAP SE, Q3 2026: revenue $10.3B (+13% year over year), operating margin 28.5%, net earnings $2.2B, operating cash flow $8.6B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 73.1% | 73.5% | -0.4 pts |
| Operating margin | 28.5% | 27.4% | +1.1 pts |
| Net margin | 21.9% | 22.1% | -0.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Thereof Cloud ERP Suite 2 | $5.9B | $4.6B | $1.3B | +29% |
| Software support revenue | $2.4B | $2.6B | −$131M | -5% |
| Thereof Extension Suite 2 | $688M | $627M | $61.0M | +10% |
| Software licenses revenue | $147M | $161M | −$14.0M | -9% |
| IaaS 2 | $56.0M | $78.0M | −$22.0M | -28% |
| Cloud and software revenue | $9.2B | $8.0B | $1.2B | +15% |
| Services Revenue | $1.0B | $1.1B | −$39.0M | -4% |
| Revenue | $10.3B | $9.1B | $1.2B | +13% |
| Gross profit | $7.5B | $6.7B | $839M | +13% |
| Cost of revenue | $2.8B | $2.4B | $355M | +15% |
| Other income, net | $72.0M | $258M | −$186M | -72% |
| Operating profit | $2.9B | $2.5B | $443M | +18% |
| Operating expenses | $4.6B | $4.2B | $396M | +9% |
| Pre-tax earnings | $3.0B | $2.7B | $257M | +9% |
| Research & development | $1.9B | $1.6B | $221M | +13% |
| Sales & marketing | $2.3B | $2.2B | $98.0M | +4% |
| General & admin | $412M | $364M | $48.0M | +13% |
| Net earnings | $2.2B | $2.0B | $245M | +12% |
| Minority interests | $20.0M | $47.0M | −$27.0M | -57% |
| Income tax | $734M | $694M | $40.0M | +6% |
| Depreciation & amortization | $954M | $986M | −$32.0M | -3% |
| Working capital & other | $5.4B | $4.9B | $514M | +11% |
| Operating cash flow | $8.6B | $7.9B | $727M | +9% |
Questions
How much did SAP SE's revenue grow year over year in Q3 2026?
SAP SE's revenue rose $1.2B (+13%) from $9.1B in Q3 2025 to $10.3B in Q3 2026.
What drove SAP SE's revenue change in Q3 2026?
Cloud and software revenue +$1.2B (+15%); Services Revenue −$39.0M (-4%).