SAP SE

XTRA-SAP

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	7,212	6,601	5,770	3,150	2,827	2,168
Profit After Tax
Depreciation & Amortization	1,323	1,322	1,316	1,280	1,274	1,285
Depreciation and Amortization
Share-Based Compensation Expense	1,949	131	144	1,103	626	1,939
Share-Based Payment Expenses
Share-Based Payments
Share-Based Payments
Share-Based Payments
Other Adjustments	-224	207	-364	-908	-91	-617
Income Tax Expense
Financial Income, Net
Change in Sales and Bad Debt Allowances on Trade Receivables
Other Adjustments for Non-Cash Items
Income Taxes Paid, Net of Refunds
Interest Received
Interest Paid
Profit After Tax from Discontinued Operations
Changes in Trade Receivables	-511	-516	-574	-247	-128	-417
Change in Trade and Other Receivables
Changes in Other Operating Activities	-1,565	-1,613	-825	840	2,705	3,340
Change in Other Assets
Change in Trade Payables, Provisions, and Other Liabilities
Change in Contract Liabilities/Deferred Income
Cash from Operating Activities	7,288	7,189	6,122	5,220	7,759	7,480
Net Cash Flows from Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-828	-790	-778	-797	-718	-737
Purchase of Intangible Assets and Property, Plant, and Equipment
Proceeds from Sale of Property, Plant & Equipment	152	145	133	122	107	111
Proceeds from Sales of Intangible Assets or Property, Plant, and Equipment
Purchases of Investments	-4,253	-1,800	-3,519	-6,401	-7,114	-11,333
Purchase of Equity or Debt Instruments of Other Entities
Proceeds from Sale of Investments	4,535	2,975	5,658	7,533	7,494	7,555
Proceeds from Sales of Equity or Debt Instruments of Other Entities
Payments for Business Acquisitions	-710	-1,100	-1,107.5	-1,114	-2,281.5	-1,780.5
Cash Flows for Business Combinations, Net of Cash and Cash Equivalents Acquired
Proceeds from Business Divestments	—	—	—	—	—	—
Proceeds from Sales of Subsidiaries or Other Businesses
Cash Receipts from Derivative Financial Instruments Related to Business Combinations
Cash Flows from Derivative Financial Instruments Related to Business Combinations
Total Cash Flows for Business Combinations, Net of Cash and Cash Equivalents Acquired
Cash Flows from Derivative Financial Instruments Related to the Sale of Subsidiaries or Businesses
Other Investing Activities	-143.5	-243.5	-167.5	-143.5	—	—
Interest Received
Cash from Investing Activities	-1,206	-669	373	-656	-2,198	-6,118
Net Cash Flows from Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Long-Term Debt	—	2,768	2,766.5	2,767	1,264.5	21
Proceeds from Borrowings
Cash Receipts from Swap Contracts
Total Cash Flows from Proceeds from Borrowings
Repayments of Long-Term Debt	-3,578	-3,906.5	-3,306.5	-1,495	-1,517.5	-2,663
Repayments of Borrowings
Payments of Lease Liabilities
Net Issuance / (Repayments) of Long-Term Debt	-3,578	-1,138.5	-540	1,272	-253	-2,642
Issuance of Common Shares	—	—	—	—	—	—
Proceeds from Reissuance of Treasury Shares
Proceeds from Changes in Ownership Interests in Subsidiaries That Do Not Result in the Loss of Control
Repurchases of Common Shares	-2,418	-2,764	-1,799	-2,106	-1,856	-1,924
Purchase of Treasury Shares
Payments for Taxes Related to Net Share Settlement of Equity Awards
Net Issuance / (Repurchases) of Common Shares	-2,418	-2,764	-1,799	-2,106	-1,856	-1,924
Common Share Dividends Paid	—	—	—	-2,565	—	—
Dividends Paid
Other Financing Activities	189	188	173	177	—	—
Dividends Paid on Non-Controlling Interests
Transactions with Non-Controlling Interests
Transactions with Non-Controlling Interests
Interest Paid
Cash from Financing Activities	-7,236	-6,068	-4,348	-3,412	-4,579	-7,561
Net Cash Flows from Financing Activities