SAP Q1 2016 Earnings Report — SAP SE Revenue & Financial Results | Market Cap Arena

Q1 2016 Earnings

Reported April 6, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2016	Q4 2015	Q1 2015	QoQ Change	YoY Change
Revenue	$5.5B	—	—	—	—
Op. Income	$951M	—	—	—	—
Gross Margin	66.9%	—	—	—	—
Net Margin	12.1%	—	—	—	—
EPS (Diluted)	$0.56	—	—	—	—
Free Cash Flow	$2.7B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$5.5B
Cost of Revenue	$1.8B
GROSS PROFIT	$3.7B
R&D Expenses	$829M
Selling & Marketing	$1.6B
General & Administrative	$269M
SG&A Expenses	$1.9B
Other Expenses	$20M
Operating Expenses	$2.7B
Cost & Expenses	$4.6B
OPERATING INCOME	$951M
Interest Income	$41M
Interest Expense	$82M
Other Income/Expenses	-$82M
INCOME BEFORE TAX	$869M
Income Tax Expense	$202M
Net Income from Continuing Ops	$666M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$669M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$669M
D&A	$361M
EBIT	$951M
EBITDA	$1.3B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.5B
Cost of Revenue	$1.8B
GROSS PROFIT	$3.7B
R&D Expenses	$829M
Selling & Marketing	$1.6B
General & Administrative	$269M
SG&A Expenses	$1.9B
Other Expenses	$20M
Operating Expenses	$2.7B
Cost & Expenses	$4.6B
OPERATING INCOME	$951M
Interest Income	$41M
Interest Expense	$82M
Other Income/Expenses	-$82M
INCOME BEFORE TAX	$869M
Income Tax Expense	$202M
Net Income from Continuing Ops	$666M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$669M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$669M
D&A	$361M
EBIT	$951M
EBITDA	$1.3B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$666M
Depreciation & Amortization	$361M
Stock-Based Compensation	$129M
Deferred Income Tax	$202M
Other Non-Cash Items	-$312M
Change in Working Capital	$2.0B
OPERATING CASH FLOW	$2.9B
Capital Expenditure	-$196M
Acquisitions (Net)	-$4M
Purchases of Investments	-$192M
Sales/Maturities of Investments	$217M
Other Investing Activities	-$177M
NET CASH FROM INVESTING	-$154M
Net Debt Issuance	-$2M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$11M
NET CASH FROM FINANCING	$8M
FREE CASH FLOW	$2.7B
Net Change in Cash	$2.7B

Balance Sheet

Item	Amount
Cash & Equivalents	$6.7B
Short-Term Investments	$421M
Net Receivables	$6.7B
Inventory	$0
Other Current Assets	$643M
TOTAL CURRENT ASSETS	$14.5B
PP&E (Net)	$2.5B
Goodwill	$25.6B
Intangible Assets	$4.6B
Long-Term Investments	$1.5B
Tax Assets	$580M
Other Non-Current Assets	$837M
TOTAL NON-CURRENT ASSETS	$35.7B
TOTAL ASSETS	$50.1B
Account Payables	$1.1B
Short-Term Debt	$968M
Deferred Revenue	$6.2B
Other Current Liabilities	$452M
TOTAL CURRENT LIABILITIES	$11.4B
Long-Term Debt	$10.1B
Deferred Revenue NC	$125M
Deferred Tax Liabilities	$450M
Other Non-Current Liabilities	$1.9B
TOTAL NON-CURRENT LIABILITIES	$12.0B
TOTAL LIABILITIES	$23.3B
Common Stock	$1.4B
Additional Paid-In Capital	$665M
Retained Earnings	$24.1B
Treasury Stock	-$1.3B
Accum. Other Comp. Income	$1.9B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$26.8B
Minority Interest	$33M
TOTAL EQUITY	$26.8B
TOTAL LIABILITIES & EQUITY	$50.1B
Total Debt	$11.1B
Net Debt	$4.4B