SAP Earnings Reaction History
SAP SE
EPS, Revenue, Stock Move
SAP stock falls 0.8% on average on the first trading day after earnings.
When SAP delivers a double beat, the stock falls 3.2% on average on the first trading day.
Across 40 releases, SAP has delivered a positive next-day return 52.5% of the time.
Reaction Snapshot (Avg Day 1-3)
Day 1
-0.78%
Day 2
+0.06%
Day 3
+0.06%
Conditioned Moves (Day 1 Basis)
Double Beat
-3.17%
Mixed
+1.53%
Double Miss
-0.57%
EPS Beat Rate
55.0%
Revenue Beat Rate
72.5%
Positive Rate
52.5%
Both Beat Rate
42.5%
Recent Earnings History
| Date | EPS | Revenue | Day 1 | Day 2 | Day 3 | Detail |
|---|---|---|---|---|---|---|
| 2026-04-23 | Beat+4.69% | Miss-0.07% | +7.36% | -1.04% | +0.03% | Open |
| 2026-01-29 | Beat+6.78% | Beat+1.41% | -15.20% | +0.41% | +3.08% | Open |
| 2025-10-22 | Beat+10.06% | Beat+8.82% | +0.84% | -3.22% | +0.97% | Open |
| 2025-07-22 | Beat+4.29% | Beat+15.05% | -5.11% | -1.54% | +0.65% | Open |
| 2025-04-22 | Beat+8.63% | Beat+6.46% | +7.56% | +0.76% | +1.61% | Open |
| 2025-01-28 | Beat+12.03% | Beat+6.90% | -0.67% | +1.13% | +0.91% | Open |
| 2024-10-21 | Beat+3.05% | Beat+2.47% | +1.24% | +0.98% | +1.58% | Open |
| 2024-07-22 | Beat+16.83% | Miss-0.69% | +7.13% | -2.50% | +0.67% | Open |
FAQ
How much does SAP usually move after earnings?
SAP moves about 0.8% on average on the first trading day after earnings. Net average direction is -0.78%.
What is SAP's biggest post-earnings gain?
SAP's largest recorded next-day earnings gain is +12.44%, on 2019-04-24.