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IBM logo
IBM
SAP logo
SAP

Revenue Comparison

Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: IBM 17.162, SAP 10.668.

IBM vs SAP: Revenue Comparison

IBM (IBM) and SAP (SAP) are peers in Enterprise Software. IBM reported revenue of $17.2B as of Q2 2026, compared with $10.7B for SAP. IBM leads on revenue.

IBM's gross margin is 57.7% versus 73.2% for SAP. IBM's net margin is 12.6% versus 22.1% for SAP.

Latest Quarter Comparison

Table: Latest Quarter Comparison. 15 rows across Metric, IBM, SAP.
MetricIBMSAP
Market Cap--
Revenue$17.16B$10.67B
Cost of Revenue$7.25B$2.86B
Gross Profit$9.91B$7.81B
Operating Income$2.62B$2.86B
Net Income$2.17B$2.35B
R&D Expense$2.31B$1.99B
Earnings Per Share$2.3$2.03
Gross Margin57.7%73.2%
Operating Margin15.2%26.8%
Net Profit Margin12.6%22.1%
Free Cash Flow$2.99B$3.28B
Cumulative Free Cash Flow$342.77B$91.76B
Operating Cash Flow$2.60B$3.41B
Cash & Equivalents$7.17B$11.35B
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