{"data":{"ticker":"SAP","slug":"sap","name":"SAP SE","exchange":"NYSE","sector":"Technology","headquarters":"Walldorf, Germany","ceo":"Christian Klein","employees":113076,"website":"https://www.sap.com","founded":"1972","layers":[{"slug":"ai-saas","name":"AI Applications"},{"slug":"ai-software","name":"AI Software & Platforms"}],"exposure":{"score":35,"tier":"Growing","rationale":"Sells ERP and business software, embedding the Joule copilot and Business AI features into its cloud suites for enterprises. AI supports cloud migration and pricing, but growth is driven by the core ERP transition."},"quote":{"price":233.45,"change24hPct":-4.14,"change7dPct":-0.67,"change30dPct":9.91,"change1yPct":-5.74,"high52w":250.03,"low52w":146.38,"marketCap":269448986624,"peRatio":29.07,"eps":8.03,"volume24h":532030682},"nextEarningsDate":"2027-01-28","summary":"SAP SE is one of the world's largest enterprise software companies. It sells the ERP, supply chain, and business intelligence systems that big companies run their operations on, earning revenue from cloud subscriptions and software that manages finance, logistics, and HR.","explainer":["SAP SE is one of the world's largest enterprise software companies. It sells the ERP, supply chain, and business intelligence systems that big companies run their operations on, earning revenue from cloud subscriptions and software that manages finance, logistics, and HR.","Its AI lineup centers on SAP Joule, a copilot embedded across its applications, plus SAP Business AI features, SAP AI Core for running models, and SAP Datasphere for managing business data. These tools let customers automate work inside the systems they already use.","Founded in 1972 and headquartered in Walldorf, Germany, SAP employs about 112,000 people and its shares trade on the NYSE."],"buildoutRole":"SAP sits in the AI Applications and AI Software & Platforms layers of the buildout. Its position is distribution: Joule and Business AI reach enterprises through ERP systems that already run their finance and supply chains, so AI arrives inside software customers cannot easily replace. AI supports its cloud migration and pricing, but growth is still driven by the core ERP transition, which is why Supercycle scores its AI exposure at 35 out of 100.","faq":[{"q":"What does SAP SE do?","a":"SAP sells enterprise software, including the ERP, supply chain, and business intelligence systems that large companies use to run finance, logistics, and operations. It earns revenue from cloud subscriptions and software licenses."},{"q":"How is SAP exposed to AI?","a":"SAP embeds its Joule copilot and Business AI features across its cloud suites, which supports migration and pricing. Growth still comes mainly from the core ERP transition, so Supercycle scores its AI exposure at 35 out of 100."},{"q":"What are SAP's main AI products?","a":"SAP Joule, the copilot embedded across its applications, plus SAP Business AI features, SAP AI Core for running models, and SAP Datasphere for business data management."},{"q":"Who leads SAP and where is it based?","a":"CEO Christian Klein leads SAP from its headquarters in Walldorf, Germany. Founded in 1972, the company employs about 112,000 people and trades on the NYSE."},{"q":"Is SAP a pure play AI stock?","a":"No. SAP is a broad enterprise software company that is adding AI to its products. Its Supercycle AI Exposure Score of 35 out of 100 reflects meaningful but partial exposure."}],"history1y":[{"date":"2026-09-28","close":209.31},{"date":"2026-09-29","close":210.85},{"date":"2026-09-30","close":208.48},{"date":"2026-10-01","close":210.79},{"date":"2026-10-02","close":208.57},{"date":"2026-10-05","close":207.74},{"date":"2026-10-06","close":210.46},{"date":"2026-10-07","close":210.13},{"date":"2026-10-08","close":212.4},{"date":"2026-10-09","close":214.78},{"date":"2026-10-12","close":217.85},{"date":"2026-10-13","close":219.75},{"date":"2026-10-14","close":220.49},{"date":"2026-10-15","close":225},{"date":"2026-10-16","close":224.29},{"date":"2026-10-19","close":226.03},{"date":"2026-10-20","close":228.98},{"date":"2026-10-21","close":232.73},{"date":"2026-10-22","close":240.59},{"date":"2026-10-23","close":238.14},{"date":"2026-10-26","close":238.55},{"date":"2026-10-27","close":235.8},{"date":"2026-10-28","close":236.93},{"date":"2026-10-29","close":234.07},{"date":"2026-10-30","close":235.02},{"date":"2026-11-02","close":233.62},{"date":"2026-11-03","close":230.31},{"date":"2026-11-04","close":240.04},{"date":"2026-11-05","close":243.53},{"date":"2026-11-06","close":233.45}],"incomeStatements":[{"ticker":"SAP","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","revenue":36800000000,"cost_of_revenue":9986000000,"gross_profit":26814000000,"operating_expense":0,"operating_income":9620000000,"net_income":7161000000,"earnings_per_share":6.1,"earnings_per_share_diluted":6.1,"research_and_development":6633000000,"selling_general_and_administrative_expenses":10512000000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"SAP","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","revenue":34176000000,"cost_of_revenue":9243000000,"gross_profit":24932000000,"operating_expense":0,"operating_income":7808000000,"net_income":3124000000,"earnings_per_share":2.65,"earnings_per_share_diluted":2.65,"research_and_development":6514000000,"selling_general_and_administrative_expenses":10525000000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"SAP","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","revenue":31207000000,"cost_of_revenue":8674000000,"gross_profit":22534000000,"operating_expense":0,"operating_income":6014000000,"net_income":6139000000,"earnings_per_share":5.17,"earnings_per_share_diluted":5.17,"research_and_development":6324000000,"selling_general_and_administrative_expenses":10192000000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"SAP","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","revenue":29519000000,"cost_of_revenue":8038000000,"gross_profit":21482000000,"operating_expense":0,"operating_income":6051000000,"net_income":2284000000,"earnings_per_share":1.95,"earnings_per_share_diluted":1.95,"research_and_development":6080000000,"selling_general_and_administrative_expenses":9235000000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0}],"balanceSheets":[{"ticker":"SAP","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","total_assets":70362000000,"current_assets":20256000000,"cash_and_equivalents":8220000000,"total_liabilities":25288000000,"current_liabilities":17416000000,"total_debt":7476000000,"shareholders_equity":44586000000,"retained_earnings":47345000000},{"ticker":"SAP","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","total_assets":74237000000,"current_assets":21401000000,"cash_and_equivalents":9609000000,"total_liabilities":28431000000,"current_liabilities":19082000000,"total_debt":10651000000,"shareholders_equity":45438000000,"retained_earnings":42907000000},{"ticker":"SAP","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","total_assets":68331000000,"current_assets":20571000000,"cash_and_equivalents":8124000000,"total_liabilities":24925000000,"current_liabilities":14641000000,"total_debt":8791000000,"shareholders_equity":43157000000,"retained_earnings":42457000000},{"ticker":"SAP","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","total_assets":72159000000,"current_assets":18522000000,"cash_and_equivalents":9008000000,"total_liabilities":29311000000,"current_liabilities":17453000000,"total_debt":13085000000,"shareholders_equity":40186000000,"retained_earnings":36418000000}],"holders13f":[],"news":[{"title":"AceUp Elevates Leadership Development Amid AI Transformation for NTT DATA Business Solutions with Ally 3.0","source":null,"url":"https://finance.yahoo.com/technology/ai/articles/aceup-elevates-leadership-development-amid-130000395.html?.tsrc=rss","date":"2026-11-05"},{"title":"NTT DATA earns recognition from SAP as client-adopted AI agents create real business impact","source":null,"url":"https://finance.yahoo.com/technology/ai/articles/ntt-data-earns-recognition-sap-113000843.html?.tsrc=rss","date":"2026-11-05"},{"title":"SAP Stocks Rise 4.1% as Sovereign AI Launch Faces Its First Commercial Test","source":null,"url":"https://finance.yahoo.com/technology/ai/articles/sap-stocks-rise-4-1-185945004.html?.tsrc=rss","date":"2026-11-04"},{"title":"Reply Included in The SAP Services Landscape, Q3 2026","source":null,"url":"https://finance.yahoo.com/technology/articles/reply-included-sap-services-landscape-150000424.html?.tsrc=rss","date":"2026-11-04"},{"title":"SAP Stocks Decline as Sovereign AI Faces a Margin Test","source":null,"url":"https://finance.yahoo.com/technology/ai/articles/sap-stocks-decline-sovereign-ai-181856399.html?.tsrc=rss","date":"2026-11-03"},{"title":"LicenseFortress Raises Client Satisfaction Score to 88.6% as Client Base and Licensing Complexity Grow","source":null,"url":"https://finance.yahoo.com/technology/articles/licensefortress-raises-client-satisfaction-score-160000358.html?.tsrc=rss","date":"2026-11-03"},{"title":"SAP (XTRA:SAP) Gains Ground In European E Invoicing Compliance","source":null,"url":"https://finance.yahoo.com/technology/articles/sap-xtra-sap-gains-ground-091519101.html?.tsrc=rss","date":"2026-11-03"},{"title":"Qlik Named a Leader in the 2026 Gartner® Magic Quadrant™ for Data Integration Tools","source":null,"url":"https://finance.yahoo.com/technology/ai/articles/qlik-named-leader-2026-gartner-215600882.html?.tsrc=rss","date":"2026-11-02"}]},"meta":{"version":"v1","asOf":"2026-11-06","builtAt":"2026-11-08T15:24:45.403Z","tier":"free","source":"https://supercyclehq.com/stock/sap","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/stocks/SAP","html":"https://supercyclehq.com/stock/sap","md":"https://supercyclehq.com/stock/sap.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}