Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of SAP SE.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.21B | $30.87B | $27.84B | $27.34B | $27.55B | $24.71B | $23.46B | $22.06B | $20.79B | $17.56B |
| Cost of Revenue | $8.60B | $8.94B | $7.95B | $7.89B | $8.35B | $7.46B | $7.05B | $6.57B | $6.63B | $5.27B |
| Gross Profit | $22.60B | $21.94B | $19.89B | $19.45B | $19.20B | $17.25B | $16.41B | $15.49B | $14.17B | $12.29B |
| Gross Profit Ratio | 72.43% | 71.05% | 71.46% | 71.15% | 69.69% | 69.80% | 69.94% | 70.22% | 68.13% | 69.98% |
| Research and Development Expenses | $6.32B | $6.17B | $5.19B | $4.46B | $4.28B | $3.62B | $3.35B | $3.04B | $2.85B | $2.33B |
| General and Administrative Expenses | $1.36B | $2.07B | $2.43B | $1.35B | $1.63B | $1.10B | $1.07B | $1.00B | $1.05B | $891.00M |
| Selling and Marketing Expenses | $8.83B | $8.94B | $7.50B | $7.11B | $7.69B | $6.78B | $6.92B | $6.29B | $5.40B | $4.30B |
| Selling General and Administrative Expenses | $9.70B | $11.02B | $9.94B | $8.46B | $9.32B | $7.88B | $8.00B | $7.30B | $6.45B | $5.20B |
| Other Expenses | $-36.00M | $-55.00M | $-43.00M | $-84.00M | $-18.00M | $-469.00M | $-36.00M | $-234.00M | $-26.00M | $49.00M |
| Operating Expenses | $16.02B | $17.12B | $15.08B | $12.83B | $13.58B | $11.52B | $11.35B | $10.34B | $9.29B | $7.52B |
| Cost and Expenses | $24.62B | $26.06B | $23.03B | $20.72B | $21.93B | $18.98B | $18.40B | $16.91B | $15.92B | $12.79B |
| Interest Income | $477.00M | $820.00M | $3.12B | $1.47B | $785.00M | $371.00M | $463.00M | $230.00M | $241.00M | $127.00M |
| Interest Expense | $788.00M | $2.21B | $949.00M | $697.00M | $589.00M | $418.00M | $278.00M | $268.00M | $246.00M | $152.00M |
| Depreciation and Amortization | $1.37B | $1.57B | $1.77B | $1.83B | $1.87B | $1.36B | $1.27B | $1.27B | $1.29B | $1.01B |
| EBITDA | $7.96B | $7.33B | $4.66B | $9.74B | $8.21B | $6.99B | $6.76B | $6.41B | $6.38B | $5.95B |
| EBITDA Ratio | 25.50% | 23.75% | 16.74% | 35.64% | 29.79% | 28.27% | 28.81% | 29.07% | 30.67% | 33.90% |
| Operating Income | $6.58B | $4.67B | $2.88B | $6.62B | $6.33B | $5.70B | $4.88B | $5.12B | $4.25B | $4.33B |
| Operating Income Ratio | 21.10% | 15.13% | 10.36% | 24.22% | 22.99% | 23.08% | 20.79% | 23.21% | 20.45% | 24.66% |
| Total Other Income Expenses Net | $-1.24B | $-1.58B | $3.96B | $597.00M | $-1.72B | $-75.00M | $-218.00M | $-262.00M | $-877.00M | $-386.00M |
| Income Before Tax | $5.34B | $3.09B | $6.85B | $7.22B | $4.62B | $5.60B | $5.03B | $4.85B | $3.99B | $4.36B |
| Income Before Tax Ratio | 17.11% | 10.02% | 24.59% | 26.40% | 16.76% | 22.66% | 21.42% | 21.98% | 19.19% | 24.80% |
| Income Tax Expense | $1.74B | $1.38B | $1.47B | $1.94B | $1.23B | $1.51B | $970.00M | $1.23B | $935.00M | $1.08B |
| Net Income | $6.14B | $2.28B | $5.26B | $5.14B | $3.34B | $4.08B | $4.02B | $3.63B | $3.06B | $3.27B |
| Net Income Ratio | 19.67% | 7.74% | 19.50% | 18.82% | 12.11% | 16.53% | 17.13% | 16.46% | 14.74% | 18.65% |
| EPS | $5.26 | $1.96 | $4.56 | $4.35 | $2.80 | $3.42 | $3.36 | $3.03 | $2.56 | $2.74 |
| EPS Diluted | $5.20 | $1.95 | $4.56 | $4.35 | $2.80 | $3.42 | $3.35 | $3.03 | $2.56 | $2.74 |
| Weighted Average Shares Outstanding | 1.17B | 1.17B | 1.18B | 1.18B | 1.19B | 1.19B | 1.20B | 1.20B | 1.20B | 1.20B |
| Weighted Average Shares Outstanding Diluted | 1.18B | 1.18B | 1.18B | 1.18B | 1.19B | 1.19B | 1.20B | 1.20B | 1.20B | 1.20B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $8.12B | $9.01B | $8.90B | $5.31B | $5.31B | $8.63B | $4.01B | $3.70B | $3.41B | $3.35B |
| Short Term Investments | $3.16B | $856.00M | $2.76B | $1.64B | $297.00M | $448.00M | $990.00M | $1.12B | $27.00M | $658.00M |
| Cash and Short Term Investments | $11.28B | $9.86B | $11.66B | $6.95B | $5.61B | $9.07B | $5.00B | $4.83B | $3.44B | $4.01B |
| Net Receivables | $7.07B | $6.55B | $6.97B | $6.80B | $8.40B | $6.66B | $6.21B | $6.21B | $5.82B | $4.50B |
| Inventory | $- | $- | $588.00M | $- | $- | $- | $- | $- | $361.00M | $- |
| Other Current Assets | $974.00M | $2.15B | $826.00M | $1.33B | $1.18B | $890.00M | $724.00M | $587.00M | $122.00M | $433.00M |
| Total Current Assets | $19.32B | $18.57B | $20.04B | $15.09B | $15.19B | $16.62B | $11.93B | $11.63B | $9.74B | $8.94B |
| Property Plant Equipment Net | $4.28B | $4.93B | $4.98B | $5.04B | $5.50B | $3.55B | $2.97B | $2.58B | $2.19B | $2.10B |
| Goodwill | $29.09B | $33.11B | $31.09B | $27.56B | $29.16B | $23.73B | $21.27B | $23.31B | $22.69B | $20.83B |
| Intangible Assets | $2.50B | $3.83B | $3.97B | $3.78B | $4.49B | $3.23B | $2.97B | $3.79B | $4.28B | $4.61B |
| Goodwill and Intangible Assets | $31.59B | $36.94B | $35.06B | $31.34B | $33.65B | $26.95B | $24.24B | $27.10B | $26.97B | $25.44B |
| Long Term Investments | $5.50B | $5.63B | $6.28B | $3.51B | $2.34B | $1.54B | $1.16B | $1.36B | $939.00M | $1.02B |
| Tax Assets | $4.20B | $2.05B | $1.78B | $1.17B | $1.29B | $1.01B | $1.02B | $591.00M | $453.00M | $378.00M |
| Other Non-Current Assets | $5.45B | $4.04B | $3.04B | $2.33B | $2.26B | $1.81B | $1.18B | $1.10B | $1.10B | $493.00M |
| Total Non-Current Assets | $51.01B | $53.59B | $51.12B | $43.39B | $45.04B | $34.87B | $30.57B | $32.73B | $31.65B | $29.43B |
| Other Assets | $- | $- | $- | $-1.00M | $-1.00M | $- | $- | $- | $- | $- |
| Total Assets | $70.34B | $72.16B | $71.17B | $58.48B | $60.23B | $51.49B | $42.50B | $44.35B | $41.39B | $38.37B |
| Account Payables | $1.78B | $2.11B | $1.58B | $1.21B | $1.58B | $1.49B | $1.15B | $1.29B | $893.00M | $1.01B |
| Short Term Debt | $1.44B | $4.82B | $4.17B | $2.35B | $3.27B | $768.00M | $1.56B | $1.81B | $567.00M | $3.80B |
| Tax Payables | $266.00M | $278.00M | $950.00M | $429.00M | $249.00M | $611.00M | $597.00M | $318.00M | $827.00M | $333.00M |
| Deferred Revenue | $4.97B | $5.36B | $4.43B | $4.15B | $4.29B | $3.03B | $2.77B | $2.43B | $2.11B | $1.68B |
| Other Current Liabilities | $6.45B | $5.17B | $5.96B | $5.16B | $5.33B | $5.20B | $4.73B | $4.20B | $4.30B | $3.28B |
| Total Current Liabilities | $14.64B | $17.45B | $16.14B | $12.87B | $14.46B | $10.48B | $10.21B | $9.73B | $7.87B | $9.77B |
| Long Term Debt | $6.03B | $9.55B | $10.98B | $13.61B | $12.92B | $10.54B | $5.03B | $6.48B | $8.63B | $7.74B |
| Deferred Revenue Non-Current | $33.00M | $33.00M | $13.00M | $36.00M | $89.00M | $88.00M | $79.00M | $143.00M | $106.00M | $78.00M |
| Deferred Tax Liabilities Non-Current | $2.27B | $242.00M | $291.00M | $158.00M | $80.00M | $97.00M | $240.00M | $424.00M | $448.00M | $386.00M |
| Other Non-Current Liabilities | $3.96B | $2.03B | $2.23B | $1.88B | $1.83B | $1.41B | $1.39B | $1.19B | $1.05B | $808.00M |
| Total Non-Current Liabilities | $12.29B | $11.86B | $13.51B | $15.68B | $14.93B | $12.13B | $6.75B | $8.24B | $10.23B | $9.01B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $26.93B | $29.31B | $29.65B | $28.55B | $29.39B | $22.61B | $16.96B | $17.97B | $18.09B | $18.78B |
| Preferred Stock | $- | $- | $- | $1.01B | $- | $- | $- | $- | $- | $- |
| Common Stock | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B |
| Retained Earnings | $42.46B | $36.37B | $37.02B | $32.02B | $28.80B | $27.41B | $24.79B | $22.29B | $20.04B | $18.31B |
| Accumulated Other Comprehensive Income Loss | $2.37B | $3.80B | $1.76B | $-1.01B | $1.77B | $1.23B | $507.00M | $3.35B | $2.56B | $563.00M |
| Other Total Stockholders Equity | $-2.90B | $-1.26B | $-1.16B | $-3.54B | $-1.03B | $-1.04B | $-1.02B | $-500.00M | $-566.00M | $-603.00M |
| Total Stockholders Equity | $43.16B | $40.13B | $38.85B | $29.71B | $30.76B | $28.83B | $25.51B | $26.36B | $23.27B | $19.50B |
| Total Equity | $43.41B | $42.85B | $41.52B | $29.92B | $30.84B | $28.88B | $25.54B | $26.38B | $23.30B | $19.59B |
| Total Liabilities and Stockholders Equity | $70.34B | $72.16B | $71.17B | $58.48B | $60.23B | $51.49B | $42.50B | $44.35B | $41.39B | $38.37B |
| Minority Interest | $249.00M | $2.72B | $2.67B | $211.00M | $76.00M | $45.00M | $31.00M | $21.00M | $28.00M | $94.00M |
| Total Liabilities and Total Equity | $70.34B | $72.16B | $71.17B | $58.48B | $60.23B | $51.49B | $42.50B | $44.35B | $41.39B | $38.37B |
| Total Investments | $8.66B | $6.48B | $9.03B | $5.15B | $2.63B | $1.98B | $898.00M | $1.19B | $966.00M | $686.00M |
| Total Debt | $8.79B | $14.37B | $15.15B | $15.95B | $16.20B | $11.30B | $6.59B | $8.29B | $9.20B | $11.54B |
| Net Debt | $666.00M | $5.37B | $6.25B | $10.64B | $10.88B | $2.68B | $2.58B | $4.59B | $5.78B | $8.19B |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.63B | $1.71B | $5.38B | $5.28B | $3.39B | $4.09B | $4.06B | $3.62B | $3.06B | $3.27B |
| Depreciation and Amortization | $1.37B | $1.90B | $1.77B | $1.83B | $1.87B | $1.36B | $1.27B | $1.27B | $1.29B | $1.01B |
| Deferred Income Tax | $-211.00M | $1.38B | $1.47B | $1.94B | $1.23B | $1.51B | $970.00M | $1.23B | $935.00M | $1.08B |
| Stock Based Compensation | $2.22B | $1.43B | $1.33B | $1.08B | $1.82B | $830.00M | $1.12B | $785.00M | $724.00M | $290.00M |
| Change in Working Capital | $-17.00M | $-224.00M | $272.00M | $662.00M | $-722.00M | $-853.00M | $411.00M | $22.00M | $-137.00M | $81.00M |
| Accounts Receivables | $-393.00M | $149.00M | $414.00M | $821.00M | $-1.47B | $136.00M | $-309.00M | $-675.00M | $-844.00M | $-286.00M |
| Inventory | $- | $-149.00M | $-414.00M | $-821.00M | $1.47B | $- | $- | $- | $- | $- |
| Accounts Payables | $633.00M | $120.00M | $475.00M | $304.00M | $326.00M | $93.00M | $389.00M | $530.00M | $757.00M | $648.00M |
| Other Working Capital | $-257.00M | $-344.00M | $-203.00M | $358.00M | $-1.05B | $-946.00M | $22.00M | $-508.00M | $-894.00M | $-567.00M |
| Other Non Cash Items | $-666.00M | $-1.73B | $-5.46B | $-3.60B | $-4.09B | $34.00M | $-220.00M | $78.00M | $5.00M | $-445.00M |
| Net Cash Provided by Operating Activities | $6.33B | $5.65B | $6.22B | $7.19B | $3.50B | $4.30B | $5.04B | $4.63B | $3.64B | $3.57B |
| Investments in Property Plant and Equipment | $-785.00M | $-874.00M | $-800.00M | $-816.00M | $-817.00M | $-1.46B | $-1.27B | $-1.00B | $-636.00M | $-737.00M |
| Acquisitions Net | $-1.16B | $-390.00M | $-1.21B | $-459.00M | $-6.15B | $-2.04B | $-291.00M | $-106.00M | $-39.00M | $-6.35B |
| Purchases of Investments | $-3.57B | $-2.32B | $-4.37B | $-2.54B | $-900.00M | $-1.12B | $-2.91B | $-1.62B | $-1.87B | $-1.00B |
| Sales Maturities of Investments | $907.00M | $4.19B | $3.23B | $735.00M | $778.00M | $1.49B | $3.27B | $869.00M | $2.15B | $833.00M |
| Other Investing Activities | $5.51B | $61.00M | $90.00M | $89.00M | $72.00M | $56.00M | $96.00M | $64.00M | $66.00M | $46.00M |
| Net Cash Used for Investing Activities | $906.00M | $667.00M | $-3.06B | $-2.99B | $-7.02B | $-3.07B | $-1.11B | $-1.80B | $-334.00M | $-7.21B |
| Debt Repayment | $-4.07B | $-1.87B | $-2.33B | $-2.81B | $-1.71B | $-1.41B | $-1.39B | $-1.80B | $-3.85B | $-2.22B |
| Common Stock Issued | $-325.00M | $- | $- | $2.13B | $- | $- | $27.00M | $27.00M | $64.00M | $51.00M |
| Common Stock Repurchased | $-949.00M | $-1.50B | $- | $-1.49B | $- | $- | $-500.00M | $400.00M | $- | $78.00M |
| Dividends Paid | $-2.40B | $-2.87B | $-2.18B | $-1.86B | $-1.79B | $-1.67B | $-1.50B | $-1.38B | $-1.32B | $-1.19B |
| Other Financing Activities | $3.00M | $-103.00M | $4.45B | $35.00M | $3.60B | $6.36B | $-43.00M | $47.00M | $1.75B | $7.50B |
| Net Cash Used Provided by Financing Activities | $-7.73B | $-6.34B | $-56.00M | $-4.00B | $101.00M | $3.28B | $-3.41B | $-2.70B | $-3.36B | $4.22B |
| Effect of Forex Changes on Cash | $-388.00M | $133.00M | $484.00M | $-214.00M | $110.00M | $97.00M | $-218.00M | $167.00M | $135.00M | $21.00M |
| Net Change in Cash | $-884.00M | $108.00M | $3.59B | $-3.00M | $-3.31B | $4.62B | $309.00M | $291.00M | $83.00M | $600.00M |
| Cash at End of Period | $8.12B | $9.01B | $8.90B | $5.31B | $5.31B | $8.63B | $4.01B | $3.70B | $3.41B | $3.35B |
| Cash at Beginning of Period | $9.01B | $8.90B | $5.31B | $5.31B | $8.63B | $4.01B | $3.70B | $3.41B | $3.33B | $2.75B |
| Operating Cash Flow | $6.33B | $5.65B | $6.22B | $7.19B | $3.50B | $4.30B | $5.04B | $4.63B | $3.64B | $3.57B |
| Capital Expenditure | $-785.00M | $-874.00M | $-800.00M | $-816.00M | $-817.00M | $-1.46B | $-1.27B | $-1.00B | $-636.00M | $-737.00M |
| Free Cash Flow | $5.55B | $4.77B | $5.42B | $6.38B | $2.68B | $2.85B | $3.77B | $3.63B | $3.00B | $2.84B |