Investment Visual

SAP

SAP SE

Stock

$208.57−2.22 (−1.05%)Close Oct 2, 2026

Capital expenditures, 2025: €739M
YoY, 2025: −7.3%
5-year CAGR: −2.0%
10-year CAGR: +1.5%

Capital expenditures

Capital expenditures by fiscal year

Period	Ended	Capex	YoY	Filing
2025	Dec 31, 2025	€739M	−7.3%	20-F, Feb 26, 2026
2024	Dec 31, 2024	€797M	+1.5%	20-F, Feb 27, 2025
2023	Dec 31, 2023	€785M	−10.5%	20-F, Feb 29, 2024
2022	Dec 31, 2022	€877M	+25.1%	20-F, Feb 29, 2024
2021	Dec 31, 2021	€701M	−14.1%	20-F, Feb 29, 2024
2020	Dec 31, 2020	€816M	−0.1%	20-F, Mar 4, 2021
2019	Dec 31, 2019	€817M	−44.0%	20-F, Feb 27, 2020
2018	Dec 31, 2018	€1.5B	+14.4%	20-F, Feb 28, 2019
2017	Dec 31, 2017	€1.3B	+27.4%	20-F, Feb 28, 2018
2016	Dec 31, 2016	€1.0B	+57.4%	20-F, Feb 28, 2018
2015	Dec 31, 2015	€636M	—	20-F, Feb 28, 2018