Software AG
XETRA:SOW

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Software AG
XETRA:SOW
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Price: 36.68 EUR -1.13% Market Closed
Market Cap: 2.7B EUR
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Income Statement

Earnings Waterfall
Software AG

Revenue
991.5m EUR
Cost of Revenue
-252.7m EUR
Gross Profit
738.8m EUR
Operating Expenses
-655.6m EUR
Operating Income
83.2m EUR
Other Expenses
-66.1m EUR
Net Income
17.1m EUR

Income Statement
Software AG

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Income Statement
Currency: EUR
Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023
Revenue
Revenue
978
N/A
973
-1%
957
-2%
915
-4%
882
-4%
858
-3%
843
-2%
853
+1%
863
+1%
873
+1%
885
+1%
883
0%
865
-2%
872
+1%
872
0%
876
+0%
875
0%
879
+1%
860
-2%
858
0%
870
+1%
866
0%
880
+2%
885
+0%
900
+2%
891
-1%
896
+1%
891
-1%
852
-4%
835
-2%
811
-3%
824
+2%
837
+2%
834
0%
857
+3%
865
+1%
889
+3%
958
+8%
963
+0%
984
+2%
992
+1%
Gross Profit
Cost of Revenue
(311)
(295)
(287)
(276)
(255)
(236)
(223)
(214)
(212)
(212)
(213)
(214)
(212)
(212)
(211)
(208)
(210)
(213)
(208)
(205)
(202)
(195)
(195)
(196)
(199)
(203)
(209)
(211)
(205)
(197)
(188)
(182)
(186)
(189)
(192)
(202)
(216)
(240)
(252)
(255)
(253)
Gross Profit
667
N/A
678
+2%
670
-1%
639
-5%
627
-2%
622
-1%
620
0%
638
+3%
651
+2%
661
+2%
672
+2%
669
0%
654
-2%
660
+1%
661
+0%
668
+1%
665
0%
666
+0%
652
-2%
653
+0%
668
+2%
671
+0%
686
+2%
689
+1%
701
+2%
688
-2%
687
0%
680
-1%
647
-5%
638
-1%
623
-2%
642
+3%
651
+1%
645
-1%
665
+3%
664
0%
673
+1%
718
+7%
711
-1%
729
+2%
739
+1%
Operating Income
Operating Expenses
(464)
(475)
(482)
(472)
(460)
(449)
(453)
(463)
(457)
(458)
(452)
(440)
(440)
(454)
(457)
(459)
(457)
(447)
(436)
(433)
(443)
(447)
(461)
(469)
(475)
(478)
(492)
(500)
(502)
(497)
(506)
(507)
(516)
(518)
(533)
(551)
(591)
(619)
(662)
(690)
(656)
Selling, General & Administrative
(366)
(374)
(378)
(368)
(355)
(341)
(341)
(349)
(346)
(341)
(339)
(329)
(323)
(328)
(333)
(333)
(335)
(319)
(315)
(312)
(319)
(326)
(335)
(341)
(345)
(333)
(355)
(355)
(353)
(349)
(351)
(353)
(361)
(362)
(375)
(400)
(416)
(439)
(439)
(432)
(416)
Research & Development
(105)
(108)
(109)
(109)
(110)
(109)
(109)
(110)
(107)
(106)
(107)
(107)
(110)
(112)
(115)
(118)
(119)
(121)
(119)
(118)
(120)
(124)
(129)
(130)
(132)
(131)
(134)
(141)
(144)
(144)
(146)
(144)
(147)
(151)
(154)
(162)
(172)
(181)
(190)
(195)
(191)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(14)
0
0
0
(6)
0
0
0
(6)
0
0
0
0
0
0
0
Other Operating Expenses
7
8
5
6
6
1
(3)
(4)
(4)
(10)
(7)
(3)
(7)
(14)
(9)
(8)
(3)
(7)
(2)
(3)
(3)
3
4
2
2
(0)
(3)
(5)
(5)
2
(9)
(9)
(8)
1
(4)
10
(3)
1
(33)
(63)
(48)
Operating Income
203
N/A
204
+0%
187
-8%
167
-11%
167
0%
172
+4%
167
-3%
176
+6%
194
+10%
203
+5%
220
+8%
230
+5%
213
-7%
206
-4%
204
-1%
208
+2%
208
0%
219
+5%
216
-1%
221
+2%
225
+2%
224
-1%
225
+1%
221
-2%
225
+2%
209
-7%
195
-7%
179
-8%
145
-19%
140
-3%
117
-17%
136
+16%
135
0%
127
-6%
131
+4%
113
-14%
82
-28%
99
+21%
49
-51%
39
-20%
83
+115%
Pre-Tax Income
Interest Income Expense
(3)
(13)
(10)
(11)
(11)
(12)
(8)
(6)
(5)
(1)
(2)
(1)
(3)
3
(4)
(4)
(2)
(1)
3
4
5
7
4
5
6
8
7
6
5
(1)
2
0
(0)
1
(2)
(4)
(6)
(7)
(8)
(5)
(2)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
0
0
0
(1)
0
0
0
(1)
0
0
0
(3)
0
0
0
(6)
0
0
0
(10)
0
0
0
(29)
0
0
0
Total Other Income
(5)
(1)
0
(0)
(0)
(2)
0
0
0
(2)
(0)
(0)
0
(3)
0
0
0
0
2
(0)
(0)
(0)
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
2
0
0
0
Pre-Tax Income
195
N/A
190
-3%
178
-7%
156
-12%
155
-1%
158
+2%
159
+0%
170
+7%
190
+12%
201
+6%
218
+9%
229
+5%
211
-8%
204
-3%
200
-2%
205
+2%
206
+1%
217
+5%
219
+1%
224
+2%
230
+3%
229
0%
229
+0%
226
-2%
231
+2%
215
-7%
202
-6%
186
-8%
150
-19%
134
-11%
119
-11%
136
+14%
135
-1%
118
-13%
129
+10%
109
-15%
76
-31%
65
-14%
41
-37%
34
-17%
81
+138%
Net Income
Tax Provision
(57)
(56)
(52)
(45)
(45)
(48)
(48)
(53)
(59)
(61)
(67)
(70)
(65)
(64)
(62)
(63)
(63)
(76)
(76)
(77)
(78)
(64)
(64)
(63)
(63)
(60)
(56)
(51)
(46)
(37)
(33)
(38)
(35)
(33)
(37)
(33)
(26)
(46)
(39)
(44)
(64)
Income from Continuing Operations
138
134
125
111
110
111
111
116
131
140
150
159
146
140
138
141
143
141
143
148
152
165
165
162
168
155
146
134
104
96
86
98
100
84
92
76
49
19
2
(10)
17
Income to Minority Interest
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(0)
(0)
0
0
Net Income (Common)
138
N/A
134
-3%
125
-6%
111
-12%
110
-1%
110
+0%
111
+0%
116
+5%
131
+12%
139
+7%
150
+8%
158
+5%
146
-8%
140
-4%
138
-2%
141
+2%
142
+1%
140
-1%
143
+2%
148
+3%
152
+3%
165
+9%
165
0%
162
-1%
168
+4%
155
-8%
146
-6%
134
-8%
104
-23%
96
-8%
86
-10%
97
+13%
100
+2%
84
-16%
91
+9%
76
-17%
49
-36%
19
-61%
2
-88%
(10)
N/A
17
N/A
EPS (Diluted)
1.65
N/A
1.6
-3%
1.55
-3%
1.39
-10%
1.39
N/A
1.39
N/A
1.4
+1%
1.47
+5%
1.66
+13%
1.78
+7%
1.96
+10%
2.07
+6%
1.91
-8%
1.84
-4%
1.82
-1%
1.87
+3%
1.92
+3%
1.88
-2%
1.93
+3%
1.99
+3%
2.04
+3%
2.23
+9%
2.22
0%
2.19
-1%
2.27
+4%
2.09
-8%
1.97
-6%
1.81
-8%
1.4
-23%
1.29
-8%
1.16
-10%
1.31
+13%
1.35
+3%
1.13
-16%
1.17
+4%
1.01
-14%
0.65
-36%
0.26
-60%
0.03
-88%
-0.14
N/A
0.23
N/A

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