Cost Insights: Breaking Down SAP SE and Nokia Oyj's Expenses

Cost Insights: SAP SE vs. Nokia Oyj

In the ever-evolving landscape of global technology, understanding the cost dynamics of industry giants like SAP SE and Nokia Oyj is crucial. Over the past decade, from 2014 to 2023, these two companies have shown distinct trends in their cost of revenue. Nokia Oyj, with its roots in Finland, has consistently maintained a higher cost of revenue compared to Germany's SAP SE. Notably, in 2016, Nokia's cost of revenue peaked at approximately 15.2 billion, nearly double that of SAP SE's 6.6 billion in the same year.

Despite fluctuations, Nokia's cost of revenue has generally remained around 13.5 billion to 15 billion, while SAP SE has seen a steady increase, reaching its highest in 2022 at about 8.9 billion. This comparative analysis highlights Nokia's larger scale of operations, while SAP SE's growth trajectory reflects its strategic investments in cloud and software solutions.