Key Insights on Gross Profit: SAP SE vs Nokia Oyj

A Decade of Gross Profit: SAP SE vs Nokia Oyj

In the ever-evolving landscape of global technology giants, SAP SE and Nokia Oyj have been pivotal players. Over the past decade, from 2014 to 2023, SAP SE has consistently outperformed Nokia Oyj in terms of gross profit. SAP SE's gross profit surged by approximately 84%, reaching its peak in 2023, while Nokia Oyj experienced a more modest growth of around 54% during the same period.

Key Insights

• 2014-2016: SAP SE maintained a steady lead, with gross profits increasing by 26%, while Nokia Oyj saw a significant jump of 55% in 2016.
• 2017-2020: SAP SE's growth continued, with a 19% rise, whereas Nokia Oyj's profits fluctuated, peaking in 2017.
• 2021-2023: SAP SE's profits soared by 14%, culminating in 2023, while Nokia Oyj's profits peaked in 2022 before a slight decline.

This data underscores SAP SE's robust financial performance and strategic market positioning over the years.