SAP Releases Integrated Report 2025 and Files Annual Report 2025 on Form 20-F with the U.S. Securities and Exchange Commission

Rhea-AI Summary

SAP (NYSE: SAP) filed its Annual Report on Form 20-F for the year ended December 31, 2025 with the U.S. SEC and published the SAP Integrated Report 2025. Both reports and PDF downloads are available online, and audited consolidated financial statements can be requested by email or phone.

Investor and press contact details are provided for further inquiries, and the release includes a standard forward-looking statements notice.

Key Figures

Reporting year-end: December 31, 2025 Germany phone: +49 (6227) 7-67336 Investor email: investor@sap.com +5 more

8 metrics

Reporting year-end December 31, 2025 Year covered by Form 20-F annual report

Germany phone +49 (6227) 7-67336 Investor Relations contact number

Investor email investor@sap.com Address to request audited financial statements

Press phone +46 (6227) 7-67497 Press contact number for Marcus Winkler

Press phone +49 (6227) 7-40201 Press contact number for Daniel Reinhardt

Global customer center +49 180 534-34-24 Global customer information line

US customer line +1 (800) 872-1727 United States customer information number

Forward-looking year 2025 Annual Report Source cited for risk factors and disclosures

Market Reality Check

Price: $198.25 Vol: Volume 2,795,263 is below...

normal vol

$198.25 Last Close

Volume Volume 2,795,263 is below the 20-day average of 3,921,230 (relative volume 0.71). normal

Technical Shares at 198.25 are trading below the 200-day MA of 264.27 and 36.72% below the 52-week high.

Peers on Argus

SAP gained 0.91% while momentum peers like MSTR and CRM showed declines (median ...

2 Down

SAP gained 0.91% while momentum peers like MSTR and CRM showed declines (median about -2.3%), indicating stock-specific trading rather than a synchronized sector move.

Historical Context

5 past events · Latest: Feb 19 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 19	Dividend proposal	Positive	-2.4%	Proposed higher dividend of €2.50 per share for fiscal 2025.
Feb 17	Investor conference	Neutral	-1.5%	Announcement of participation in Morgan Stanley TMT investor event.
Jan 29	FY2025 results	Positive	-15.2%	Strong FY2025 cloud and total revenue plus major buyback program.
Jan 15	AI partnership	Positive	-1.3%	Multi-year AI-focused technology partnership with Syngenta announced.
Nov 27	AI product launch	Positive	+0.7%	Launch of EU AI Cloud sovereign AI and cloud framework in Europe.

Pattern Detected

Recent positive or neutral news has often been followed by negative price reactions, suggesting a tendency toward selling into news.

Recent Company History

Over the last few months, SAP has reported several substantive updates. On Jan 29, 2026, it released strong FY2025 figures with higher cloud and total revenue, a sharply higher IFRS operating profit, and a new €10 billion buyback, yet the stock fell 15.2%. A proposed dividend increase to €2.50 per share on Feb 19, 2026 also saw a negative reaction. Strategic AI and partnership announcements in late 2025 and early 2026 generally produced muted or negative moves, highlighting cautious sentiment around SAP news.

Market Pulse Summary

This announcement centers on SAP’s 2025 Form 20-F and Integrated Report, making detailed financial a...

Analysis

This announcement centers on SAP’s 2025 Form 20-F and Integrated Report, making detailed financial and risk disclosures for the year ended December 31, 2025 available to investors. It follows earlier updates on FY2025 results, dividend proposals, and AI initiatives. Together, these documents frame the company’s recent performance, capital return, and strategy. Investors may focus on the risk factors, cash flow trends, and cloud growth metrics highlighted within these official reports.

Key Terms

form 20-f, u.s. securities and exchange commission, integrated report, audited consolidated financial statements, +2 more

6 terms

form 20-f regulatory

"filed the SAP Annual Report on Form 20-F for the year ended December 31, 2025"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

u.s. securities and exchange commission regulatory

"with the U.S. Securities and Exchange Commission (SEC)"

The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.

integrated report financial

"SAP Integrated Report 2025 is now available and accessible online"

An integrated report is a single corporate document that combines a company's financial results with information about its strategy, governance, risks, and social and environmental performance. For investors it offers a more complete picture of how a business creates value over time—like reading both a scorecard and a roadmap—helping assess long‑term prospects, hidden risks, and the quality of management beyond short‑term profits.

audited consolidated financial statements financial

"A hard copy of the audited consolidated financial statements can also be requested"

A set of financial reports that combine a parent company and all its subsidiaries into one overall picture, examined and verified by an independent auditor. Think of it as a household budget that merges every family member’s accounts and is then checked by a neutral accountant; it gives investors a single, trustworthy view of the group’s assets, debts, income and cash flow. That independent check matters because it reduces the chance of hidden problems and helps investors compare companies on a level playing field.

forward-looking statements regulatory

"This document contains forward-looking statements, which are predictions, projections, or other statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

nyse financial

"SAP SE (NYSE: SAP) today announced that it has filed"

A large, regulated marketplace where stocks and other securities are listed and traded, acting like a global auction house that matches buyers and sellers and helps determine share prices. It matters to investors because listing and trading there provide liquidity, price discovery, and regulatory oversight—making it easier to buy or sell holdings and giving companies a visible platform that can affect credibility and access to capital.

AI-generated analysis. Not financial advice.

WALLDORF, Germany, Feb. 26, 2026 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that it has filed the SAP Annual Report on Form 20-F for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission (SEC), and it is accessible online at https://www.sap.com/docs/download/investors/2025/sap-2025-annual-report-form-20f.pdf.

SAP also announced that the SAP Integrated Report 2025 is now available and accessible online at https://www.sapintegratedreport.com.

You can access PDF versions of the SAP Integrated Report 2025 and the SAP Annual Report 2025 on Form 20-F at our Investor Relations website https://www.sap.com/investor.

A hard copy of the audited consolidated financial statements can also be requested free of charge by sending an email to investor@sap.com or via phone +49 (6227) 7-67336.

Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.

About SAP 
As a global leader in enterprise applications and business AI, SAP (NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit www.sap.com.

For more information, financial community only:

Alexandra Steiger, +49 (6227) 7-767336, investor@sap.com, CET

Follow SAP Investor Relations on LinkedIn at SAP Investor Relations.

For more information, press only:

Marcus Winkler, +46 (6227) 7-67497, marcus.winkler@sap.com, CET

Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

For customers interested in learning more about SAP products:

Global Customer Center: +49 180 534-34-24

United States Only: +1 (800) 872-1SAP (+1-800-872-1727)

Note to editors:

To preview and download broadcast-standard stock footage and press photos digitally, please visit www.sap.com/photos. On this platform, you can find high resolution material for your media channels.

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2025 Annual Report on Form 20-F.

© 2026 SAP SE. All rights reserved.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

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SOURCE SAP SE

FAQ

Where can I download SAP's 2025 Annual Report on Form 20-F (SAP)?

You can download SAP's 2025 Annual Report on Form 20-F from the company's website. According to the company, the PDF is accessible at a published URL and via the SAP investor relations downloads page for investors.

Is the SAP Integrated Report 2025 available online and how do I access it (SAP)?

Yes, the SAP Integrated Report 2025 is available online at a dedicated site. According to the company, the integrated report can be viewed and downloaded from the SAP integrated report website and investor relations pages.

How can investors request a hard copy of SAP's audited consolidated financial statements for 2025 (SAP)?

Investors can request a free hard copy of SAP's audited consolidated financial statements by email or phone. According to the company, requests should be sent to investor@sap.com or made via the provided German phone number.

Who are the investor relations contacts for SAP regarding the 2025 Annual Report (SAP)?

SAP provided investor relations contacts for financial community inquiries. According to the company, Alexandra Steiger is listed with a phone number and investor@sap.com for investor-focused questions and follow-up.

Does SAP's 2025 filing include a forward-looking statements notice (SAP)?

Yes, the 2025 filing includes a forward-looking statements caution about risks and uncertainties. According to the company, additional risk details are available in the risk factors section of the 2025 Annual Report on Form 20-F.