SAP SE (SAP) balance sheet
NYSE · Technology · Software - Application · 113,076 employees · CEO Christian Klein
- Price
- $235.02 +0.41%
- Market cap
- $274B
- Enterprise value
- €245B
- Last report
- Q3 '26 filed 2026-10-26
- Next report
- 2027-01-28
At the end of Q3 '26 SAP SE (SAP) held €9.52B in cash and short-term investments against €10.8B of debt incl. leases. Total assets €77.6B, total liabilities €30.4B, shareholders' equity €46.7B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | €8.12B | €9.3B | €7.87B | €10B | €9.61B | €11.3B | €7.94B | €8.55B | €8.22B | €9.65B | €10.5B | €9.52B | |
| Short-term investments | €3.16B | €4.31B | €3.81B | €2.07B | €1.63B | €1.64B | €2.24B | €0 | €1.55B | €397M | €1.11B | €0 | |
| Receivables | €7.07B | €7.8B | €6.69B | €6B | €7.74B | €8.51B | €6.81B | €6.2B | €7.27B | €9.03B | €7.76B | €7.91B | |
| Other current assets | €1.38B | €2.39B | €2.53B | €2.44B | €1.44B | €2.48B | €2.65B | €4.16B | €3.21B | €3.18B | €3.27B | €5.06B | |
| Current assets | €20.6B | €23.8B | €20.9B | €20.5B | €21.4B | €24B | €19.6B | €18.9B | €20.3B | €22.3B | €22.6B | €22.5B | |
| Property, plant & equipment (net) | €4.28B | €4.26B | €4.26B | €4.24B | €4.49B | €4.46B | €4.34B | €4.4B | €4.5B | €4.48B | €4.5B | €4.63B | |
| Long-term investments | €5.11B | €5.69B | €6.11B | €6.15B | €6.55B | €7.08B | €6.81B | €7.18B | €7.49B | €7.63B | €8.12B | €8.61B | |
| Goodwill | €29.1B | €29.6B | €29.8B | €29.5B | €31.1B | €30.3B | €28.5B | €29B | €29B | €29.5B | €30.4B | €31.7B | |
| Intangible assets | €2.51B | €2.45B | €2.37B | €2.71B | €2.71B | €2.51B | €2.29B | €2.39B | €2.28B | €2.27B | €2.64B | €2.84B | |
| Deferred tax assets | €2.19B | €3.12B | €2.99B | €2.64B | €2.68B | €2.87B | €2.5B | €2.21B | €2.16B | €2.53B | €2.38B | €2.41B | |
| Other non-current assets | €4.6B | €4.04B | €3.98B | €3.92B | €5.15B | €4.44B | €4.29B | €4.28B | €4.66B | €4.81B | €4.91B | €4.91B | |
| Non-current assets | €47.8B | €49.1B | €49.5B | €49.1B | €52.7B | €51.7B | €48.8B | €49.5B | €50.1B | €51.2B | €53B | €55.1B | |
| Total assets | €68.3B | €72.9B | €70.4B | €69.6B | €74.1B | €75.6B | €68.4B | €68.4B | €70.4B | €73.5B | €75.6B | €77.6B | |
| Liabilities | |||||||||||||
| Accounts payable | €1.78B | €1.93B | €1.88B | €1.93B | €1.99B | €2.21B | €2.21B | €2.07B | €2.43B | €2.55B | €2.75B | €3.05B | |
| Short-term debt | €1.14B | €0 | €0 | €0 | €3.64B | €0 | €2.85B | €3.03B | €2.05B | €0 | €0 | €2.09B | |
| Taxes payable | €266M | €623M | €439M | €502M | €1.59B | €929M | €0 | €0 | €0 | €1.28B | €1.36B | €0 | |
| Deferred revenue | €4.98B | €7.99B | €7.73B | €5.99B | €5.98B | €9.21B | €8.4B | €6.75B | €6.58B | €10.1B | €9.84B | €8.3B | |
| Other current liabilities | €5.31B | €8.54B | €8.61B | €10.2B | €5.59B | €8.2B | €4.37B | €4.32B | €5.17B | €6.88B | €5.79B | €4.4B | |
| Current liabilities | €14.6B | €19.1B | €18.7B | €18.7B | €19.1B | €20.6B | €19.1B | €17.1B | €17.3B | €20.8B | €19.7B | €19.4B | |
| Long-term debt | €6.03B | €0 | €0 | €0 | €5.3B | €0 | €4.26B | €6.09B | €6.02B | €0 | €0 | €8.68B | |
| Lease obligations (non-current) | €1.33B | €0 | €0 | €0 | €1.42B | €0 | €1.38B | €0 | €0 | €0 | €0 | €0 | |
| Deferred revenue (non-current) | €33M | €41M | €55M | €67M | €88M | €99M | €139M | €145M | €144M | €149M | €136M | €217M | |
| Deferred tax liabilities | €265M | €274M | €267M | €318M | €215M | €309M | €292M | €187M | €72M | €199M | €211M | €263M | |
| Other non-current liabilities | €2.64B | €10.2B | €9.45B | €9.14B | €2.21B | €8.59B | €1.88B | €1.62B | €1.64B | €6.93B | €10.3B | €1.79B | |
| Non-current liabilities | €10.3B | €10.5B | €9.78B | €9.53B | €9.24B | €8.99B | €7.95B | €8.05B | €7.88B | €7.28B | €10.6B | €10.9B | |
| Total liabilities | €24.9B | €29.6B | €28.4B | €28.2B | €28.3B | €29.5B | €27B | €25.2B | €25.1B | €28.1B | €30.4B | €30.4B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.25B | |
| Retained earnings | €42.5B | €41.6B | €40B | €41.4B | €42.9B | €44.7B | €43.7B | €45.7B | €47.5B | €49.3B | €48.6B | €51.7B | |
| Accumulated other comprehensive income | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €282M | €182M | €0 | €0 | €1.32B | |
| Shareholders' equity | €43.2B | €43.1B | €41.7B | €41.2B | €45.4B | €45.7B | €41B | €42.8B | €44.8B | €44.9B | €44.7B | €46.7B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | €8.79B | €0 | €0 | €0 | €10.7B | €0 | €8.75B | €9.12B | €8.07B | €0 | €0 | €10.8B | |
| Net debt (debt - cash) | €667M | -€9.3B | -€7.87B | -€10B | €1.04B | -€11.3B | €804M | €567M | -€149M | -€9.65B | -€10.5B | €1.24B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | €3.7B | €4.01B | €8.63B | €5.31B | €5.31B | €8.9B | €9.01B | €8.12B | €9.61B | €8.22B | |
| Short-term investments | €196M | €990M | €448M | €297M | €1.64B | €2.76B | €689M | €3.16B | €1.63B | €1.55B | |
| Receivables | €7.11B | €6.21B | €6.66B | €8.41B | €6.8B | €6.76B | €5.78B | €7.07B | €7.74B | €7.27B | |
| Other current assets | €295M | €460M | €890M | €1.19B | €825M | €1.05B | €2.22B | €1.38B | €1.44B | €3.21B | |
| Current assets | €11.6B | €11.9B | €16.6B | €15.2B | €15.1B | €20B | €18.5B | €20.6B | €21.4B | €20.3B | |
| Property, plant & equipment (net) | €2.58B | €2.97B | €3.55B | €5.5B | €5.04B | €4.98B | €4.93B | €4.28B | €4.49B | €4.5B | |
| Long-term investments | €990M | €1.16B | €1.54B | €2.34B | €3.51B | €5.95B | €5.29B | €5.5B | €6.55B | €7.49B | |
| Goodwill | €23.3B | €21.3B | €23.7B | €29.2B | €27.5B | €31.1B | €33.1B | €29.1B | €31.1B | €29B | |
| Intangible assets | €3.79B | €2.97B | €3.23B | €4.49B | €3.78B | €3.97B | €3.84B | €2.51B | €2.71B | €2.28B | |
| Deferred tax assets | €571M | €1.04B | €1.01B | €1.25B | €1.19B | €1.79B | €2.1B | €2.2B | €2.68B | €2.16B | |
| Other non-current assets | €1.48B | €1.16B | €1.82B | €2.27B | €2.33B | €3.36B | €4.4B | €4.2B | €5.15B | €4.66B | |
| Non-current assets | €32.7B | €30.6B | €34.9B | €45B | €43.4B | €51.1B | €53.6B | €47.8B | €52.7B | €50.1B | |
| Total assets | €44.3B | €42.5B | €51.5B | €60.2B | €58.5B | €71.2B | €72.2B | €68.3B | €74.1B | €70.4B | |
| Liabilities | |||||||||||
| Accounts payable | €1.02B | €1.15B | €1.49B | €1.58B | €1.37B | €1.58B | €2.15B | €1.78B | €1.99B | €2.43B | |
| Short-term debt | €1.43B | €1.3B | €768M | €2.53B | €1.48B | €3.76B | €3.98B | €1.14B | €3.64B | €2.05B | |
| Taxes payable | €318M | €597M | €611M | €249M | €429M | €950M | €278M | €266M | €1.59B | €0 | |
| Deferred revenue | €2.53B | €2.77B | €3.03B | €4.27B | €4B | €4.43B | €5.31B | €4.98B | €5.98B | €6.58B | |
| Other current liabilities | €3.83B | €4.39B | €4.59B | €5.83B | €4.57B | €5.01B | €4.72B | €5.31B | €5.59B | €5.17B | |
| Current liabilities | €9.67B | €10.2B | €10.5B | €14.5B | €12.8B | €16.1B | €17.5B | €14.6B | €19.1B | €17.3B | |
| Long-term debt | €6.45B | €5B | €10.5B | €11.1B | €11.9B | €9.24B | €6.96B | €6.03B | €5.3B | €6.02B | |
| Lease obligations (non-current) | €0 | €0 | €0 | €0 | €1.74B | €1.74B | €1.79B | €1.33B | €1.42B | €0 | |
| Deferred revenue (non-current) | €143M | €79M | €88M | €89M | €36M | €13M | €33M | €33M | €88M | €144M | |
| Deferred tax liabilities | €411M | €251M | €102M | €79M | €158M | €296M | €241M | €267M | €215M | €72M | |
| Other non-current liabilities | €1.2B | €1.43B | €1.41B | €3.62B | €1.9B | €2.23B | €2.83B | €2.63B | €2.21B | €1.64B | |
| Non-current liabilities | €8.21B | €6.76B | €12.1B | €14.9B | €15.7B | €13.5B | €11.9B | €10.3B | €9.24B | €7.88B | |
| Total liabilities | €17.9B | €17B | €22.6B | €29.4B | €28.5B | €29.7B | €29.3B | €24.9B | €28.3B | €25.1B | |
| Equity | |||||||||||
| Common stock & paid-in capital | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | €1.23B | |
| Retained earnings | €22.3B | €24.8B | €27.4B | €28.8B | €32B | €37B | €36.4B | €42.5B | €42.9B | €47.5B | |
| Accumulated other comprehensive income | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €182M | |
| Shareholders' equity | €26.4B | €25.5B | €28.8B | €30.7B | €29.7B | €38.9B | €40.2B | €43.2B | €45.4B | €44.8B | |
| Debt | |||||||||||
| Total debt (incl. leases) | €7.88B | €6.3B | €11.3B | €13.7B | €15.5B | €15.1B | €13.1B | €8.79B | €10.7B | €8.07B | |
| Net debt (debt - cash) | €4.18B | €2.29B | €2.68B | €8.36B | €10.2B | €6.25B | €4.08B | €667M | €1.04B | -€149M | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in EUR.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics and estimates: Financial Modeling Prep.
Data as of 2026-11-01 · Amounts in EUR as reported; price and market cap in USD.