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Automation Anywhere vs SAP: Revenue, Profit and Business Model

A full-year revenue figure is unavailable here for Automation Anywhere. SAP had ~$41.6B of annual revenue in FY2025 and ~$8.1B of net income.

Latest financial snapshot

Automation Anywhere

Latest annual revenue
Unavailable here
Net income
Unavailable here
Net margin
—
Revenue growth
—

SAP

Latest annual revenue
~$41.6B (FY2025)
Net income
~$8.1B
Net margin
19.5%
Revenue growth
+5.8% a year, FY2016–FY2025

Financial summary

Automation Anywhere

Automation Anywhere is privately held and does not disclose audited revenue. The historical series therefore uses clearly labeled Sacra ARR estimates: $427 million in 2021, $640 million in 2022 and $800 million in 2023. The company itself reports only directional figures in its quarterly releases, including double-digit year-over-year growth in ARR, revenue and current remaining performance obligations, and an unbroken run of non-GAAP profitable quarters that reached ten for the period ended January 31, 2026. Automation Anywhere is a highly valued private enterprise software company, reaching a valuation of roughly $7 billion in the RPA space.

SAP

SAP has spent most of the 2020s turning license-and-maintenance revenue into cloud subscriptions. The shift hurt margins early on: in October 2020 SAP cut its outlook and pushed back its margin targets, and its shares dropped about 22% in a day. The model has since matured. Cloud revenue rose from ~$9.15 billion (EUR 8.1 billion) in 2020 to ~$23.7 billion (EUR 21.0 billion) in 2025, total revenue reached ~$41.6 billion (EUR 36.8 billion), and IFRS profit after tax attributable to owners was ~$8.14 billion (EUR 7.2 billion). For 2026 SAP guided to ~$29.2 billion (EUR 25.8 billion) to ~$29.6 billion (EUR 26.2 billion) of cloud revenue and about $11.3 billion (EUR 10 billion) of free cash flow. SAP is Europe's largest software company, sustaining a robust market valuation generally over $200 billion through its enterprise resource planning dominance.

Revenue and profit by year

Automation Anywhere

Automation Anywhere revenue, net income, margin and growth by fiscal year
YearRevenueNet incomeMarginGrowthSource
FY2023 run-rate$800M———Source
FY2022 run-rate$640M———Source
FY2021 run-rate$427M———Source
Full Automation Anywhere financials

SAP

SAP revenue, net income, margin and growth by fiscal year
YearRevenueNet incomeMarginGrowthSource
FY2025~$41.6B~$8.1B19.5%+7.7%Source
FY2024~$38.6B~$3.5B9.1%+9.5%Source
FY2023~$35.3B~$6.9B19.7%+5.7%Source
FY2022~$33.4B~$2.6B7.7%+9.5%Source
FY2021~$30.5B~$5.9B19.5%-1.4%Source
FY2020~$30.9B~$5.8B18.8%-0.8%Source
FY2019~$31.1B~$3.8B12.1%+11.5%Source
FY2018~$27.9B~$4.6B16.5%+5.3%Source
FY2017~$26.5B~$4.5B17.1%+6.3%Source
FY2016~$24.9B~$4.1B16.5%—Source
Full SAP financials

Where the revenue comes from

Automation Anywhere

  • Platform subscription

    Not formally reported

    An annual fee for the cloud Control Room that runs the Agentic Process Automation System.

  • Builder licences and bot capacity

    Not formally reported

    Named licences for people who build automations, plus runtime capacity for attended and unattended bots.

  • Consumption pricing

    Not formally reported

    Charged on document pages processed and on AI agent execution.

  • Outcome-based contracts

    Not formally reported

    Since the Aisera acquisition the company also charges for work completed rather than for seats.

SAP

  • Cloud subscriptions
  • Software support
  • Software licenses
  • Professional services
  • Business AI and platform add-ons

Business model and strategy

Automation Anywhere

How it makes money

The business model is enterprise SaaS. Automation Anywhere licenses its Agentic Process Automation System on annual subscriptions: a cloud Control Room platform fee, named licences for the people who build automations, runtime capacity for attended and unattended bots, and consumption pricing for document pages processed and AI agent execution.

Growth strategy

The growth strategy is hyper-focused on the integration of Generative AI. Basic RPA (just copying and pasting) is becoming a commodity. To justify premium enterprise pricing, Automation Anywhere is pushing 'Agentic AI', bots that don't just follow a strict set of rules, but can actually understand a complex command (e.g., 'process these 500 invoices and email anyone who owes us money') and execute it autonomously.

Competitive advantage

Automation Anywhere's primary competitive advantage is its cloud-native architecture and its intense focus on 'Intelligent Automation' (combining basic RPA with Generative AI).

Automation Anywhere business model in full

SAP

How it makes money

SAP earns most of its money from recurring fees. Cloud subscriptions (SaaS, PaaS and a small IaaS business) are now the largest line, led by the Cloud ERP Suite, which produced ~$6.21 billion (EUR 5.5 billion) of Q2 2026's ~$7.12 billion (EUR 6.3 billion) cloud revenue. Software support contracts on older on-premise licenses are the second pillar, but they are shrinking as customers migrate through RISE with SAP.

Growth strategy

SAP's growth strategy has three parts. First, migrate on-premise ERP customers to cloud through RISE with SAP for large enterprises and GROW with SAP for mid-market companies. Second, sell data and AI on top of that core: SAP Business Data Cloud, the Joule assistant and agents, and the Business AI platform. Third, use targeted acquisitions to fill gaps, including WalkMe in 2024 and Dremio and Prior Labs in 2026.

Competitive advantage

SAP's advantage comes from switching costs and process depth. Once a manufacturer or retailer has run finance, supply chain and procurement on SAP for years, its data models, customizations, controls and staff skills are all tied to the platform, and replacing it is a multi-year project.

SAP business model in full

Questions about Automation Anywhere vs SAP

Which company has higher revenue — Automation Anywhere or SAP SE?

SAP SE had ~$41.6B (FY2025). A comparable annual revenue figure for Automation Anywhere was unavailable here.

What is the market cap of Automation Anywhere vs SAP SE?

SAP SE has a market capitalisation of $238.9B. A public market cap figure for Automation Anywhere was not available (it may be privately held).

How does revenue per employee compare for Automation Anywhere and SAP SE?

SAP SE generates $371k / employee in revenue per employee. A comparable figure for Automation Anywhere requires matching employee and revenue data from the same reporting period.

How do Automation Anywhere and SAP SE make money?

Automation Anywhere and SAP SE generate revenue in fundamentally different ways. Automation Anywhere: The business model is enterprise SaaS. SAP SE: SAP earns most of its money from recurring fees.

Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Automation Anywhere vs SAP overview

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.