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Microsoft vs SAP SE: MSFT and SAP compared
Microsoft is the larger company: $92.3B of revenue in its latest quarter (Q1 FY27) against $10.3B for SAP SE (Q3 2026). Microsoft is growing faster (+19% against +13% a year earlier). Microsoft is more profitable, with an operating margin of 49.8% against 28.5%.
Where the money goes: MSFT and SAP
Microsoft (MSFT) · Q1 FY27
Microsoft, Q1 FY27: revenue $92.3B (+19% year over year), operating margin 49.8%, net earnings $36.6B, operating cash flow $58.0B. The chart follows the revenue to costs, profit and cash.
SAP SE (SAP) · Q3 2026
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 follows the revenue to costs, profit and cash.
| Microsoft (MSFT) | SAP SE (SAP) | |
|---|---|---|
| Latest quarter | Q1 FY27 | Q3 2026 |
| Revenue | $92.3B | $10.3B |
| Revenue growth, Y/Y | +19% | +13% |
| Gross margin | 67.8% | 73.1% |
| Operating margin | 49.8% | 28.5% |
| Net earnings | $36.6B | $2.2B |
| Net margin | 39.7% | 21.9% |
| Operating cash flow | $58.0B | $8.6B |
| Free cash flow | $18.6B | — |
| Market value | $3.95T | — |
| P/E | 27.7× | — |
| Analysts’ mean target | $634.14 | — |
Where the revenue comes from
Microsoft
- Azure: $33.2B (36%)
- Microsoft 365 Cloud: $27.8B (30%)
- Productivity and Server Licensing: $8.4B (9%)
- Search and Advertising: $6.6B (7%)
SAP SE
- Cloud and software revenue: $9.2B (90%)
- Services Revenue: $1.0B (10%)
Questions
Which is bigger, Microsoft or SAP SE?
Microsoft is the larger company: $92.3B of revenue in its latest quarter (Q1 FY27) against $10.3B for SAP SE (Q3 2026).
Is Microsoft or SAP SE growing faster?
Microsoft is growing faster (+19% against +13% a year earlier).
Which is more profitable, Microsoft or SAP SE?
Microsoft is more profitable, with an operating margin of 49.8% against 28.5%.
More: Microsoft earnings · how Microsoft makes money · SAP SE earnings · how SAP SE makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 6-K filed Oct 26, 2026). Fiscal quarters can end on different dates. Not investment advice.