SAP (SAP)
Europe's largest software company; ERP and business-process cloud used by most global enterprises.
- Legal name
- SAP SE
- Ticker
- SAP
- Exchange
- Deutsche Börse Xetra · MIC XETR
- Country
- Germany
- Sector
- Technology
- Industry
- Enterprise Software
- Market cap ≈
- $273.7bn — computed, not copied: 1.229bn shares × 191.32 EUR close on 2026-08-28
- Reporting currency
- EUR
- Founded
- 1972
- Website
- www.sap.com
- LEI
- 529900D6BF99LW9R2E68 (GLEIF)
- ISIN
- DE0007164600 (check digit validated)
- FIGI
- BBG001S6RK27 (share class, OpenFIGI)
Graph connections view in graph →
lists_onDeutsche Börse Xetra
domiciled_inGermany
member_ofDAX 40
EURO STOXX 50
Sector peers — Technology
Compare: SAP vs AAPL · SAP vs MSFT · SAP vs NVDA
How this market cap is arrived at
| Shares outstanding | 1,228,504,232 |
| Basis | outstanding |
| As of | 2025-12-31 |
| Source | SEC 20-F cover page (2025-12-31) |
| Price | 191.32 EUR · SAP.DE · close 2026-08-28 |
| Venue | XETRA |
| Converted at | ECB euro reference rates, 2026-08-28 |
| Market cap | $273.7bn |
Treasury is large and growing - this is the main trap. Issued 1,228,504,232 includes 60,945,184 treasury shares at 2025-12-31, i.e. outstanding 1,167,559,048 (this 1,167,559,048 is the figure SAP uses as total voting rights in its 2026 AGM documents). During H1 2026 SAP bought back a further EUR 2,600m of stock; treasury carrying value rose from EUR 6,948m (2025-12-31) to EUR 9,190m (2026-06-30), and the Q2 2026 weighted-average share count excluding treasury was 1,153 million (H1: 1,158 million).
Share counts move on a filing cadence, prices move continuously — so this figure is exact only as of the two dates above, and we publish both rather than a single undated number. This company is quoted here through a depositary receipt (SAP), where one receipt represents 1 ordinary share; the price is put on an ordinary-share basis before it meets the share count. Provenance.
Fundamentals
| From the 20-F for the year ended 2025-12-31 | USD | As reported |
|---|---|---|
| Net incomeifrs-full:ProfitLoss | $8.6bn | 7.3bn EUR |
| Research & developmentifrs-full:ResearchAndDevelopmentExpense | $7.8bn | 6.6bn EUR |
| Total assetsifrs-full:Assets | $82.7bn | 70.4bn EUR |
Market cap / net income 31.8× — a market value from 2026-08-28 divided by earnings for a year that ended 2025-12-31. The two dates are far apart on purpose: this is arithmetic on two published numbers, not a valuation.
Every figure above is read from the same 20-F, filed 2026-02-26, and each row names the XBRL tag it came from so it can be checked against the document. Metrics absent from that filing are absent here rather than sourced from a different year — a table mixing periods is individually true and collectively meaningless. The company reports in EUR; the dollar column converts at ECB euro reference rate on 2025-12-31, the period end, not today.
Identifier crosswalk
| Standard | Value | What it answers |
|---|---|---|
| Ticker | SAP | Venue-local shorthand — ambiguous across markets |
| MIC | XETR | ISO 10383 — the venue |
| ISIN | DE0007164600 | ISO 6166 — the security |
| LEI | 529900D6BF99LW9R2E68 | ISO 17442 — the legal entity |
| FIGI | BBG001S6RK27 | OpenFIGI — instrument, share class |
5 naming systems for one entity — only codes we actually hold are listed, with no gaps filled by guessing. Sources: LEI from GLEIF (CC0), ISIN read from the issuer's own primary listing document, with its ISO 6166 check digit validated, FIGI from OpenFIGI (open standard), MIC from the ISO 10383 registry. Each linked code opens its reverse-lookup page; the validator checks any code's check digit. seed-0.7 · marketcap-1 · 2026-08-30.
Approximate reference values from public sources · seed-0.7 · marketcap-1 · 2026-08-30 · not real-time. See data & methodology.
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