★ WIDE MOAT STOCKS COMPARISON ★

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Stock Comparison

SAP SE vs Workday, Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

SAP SE

SAP · XETRA

Market cap (USD)$187.2B
Gross margin (TTM)73.2%
Operating margin (TTM)27.8%
Net margin (TTM)20%
SectorTechnology
IndustrySoftware - Application
CountryDE
Data as of2026-07-11
Moat score
89/ 100

Partial score covering 89% of segment weight.

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into SAP SE's moat claims, evidence, and risks.

View SAP analysis

Workday, Inc.

WDAY · NASDAQ

Market cap (USD)$34.1B
Gross margin (TTM)75.8%
Operating margin (TTM)11.7%
Net margin (TTM)8.6%
SectorTechnology
IndustrySoftware - Application
CountryUS
Data as of2026-07-12
Moat score
84/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Workday, Inc.'s moat claims, evidence, and risks.

View WDAY analysis

Comparison highlights

  • Segment focus: SAP SE has 2 segments (89.3% in Applications, Technology & Support); Workday, Inc. has 2 segments (92.6% in Subscription services (Workday cloud applications + platform)).
  • Moat breadth: SAP SE has 5 moat types across 3 domains; Workday, Inc. has 3 across 2.

Primary market context

SAP SE

Applications, Technology & Support

Market

Enterprise application software suites, ERP-centric cloud subscriptions, software support, and platform services

Geography

Global

Customer

Large enterprises and upper mid-market

Role

Software vendor (SaaS + on-prem support + platform)

Revenue share

89.3%

Workday, Inc.

Subscription services (Workday cloud applications + platform)

Market

Enterprise cloud applications for managing people and money (HCM, financial management, spend, planning & analytics)

Geography

Global

Customer

Medium to large organizations (including higher education and government)

Role

SaaS application vendor and extensible platform provider

Revenue share

92.6%

Side-by-side metrics

SAP SE
Workday, Inc.
Ticker / Exchange
SAP - XETRA
WDAY - NASDAQ
Market cap (USD)
$187.2B
$34.1B
Gross margin (TTM)
73.2%
75.8%
Operating margin (TTM)
27.8%
11.7%
Net margin (TTM)
20%
8.6%
Sector
Technology
Technology
Industry
Software - Application
Software - Application
HQ country
DE
US
Primary segment
Applications, Technology & Support
Subscription services (Workday cloud applications + platform)
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
89 / 100 (partial, 89% coverage)
84 / 100
Moat domains
Demand, Network, Legal
Demand, Network
Last update
2026-07-11
2026-07-12

Moat coverage

Shared moat types

Data Workflow Lockin

SAP SE strengths

Suite BundlingEcosystem ComplementsLong Term ContractsCompliance Advantage

Workday, Inc. strengths

Training Org Change CostsInteroperability Hub

Segment mix

SAP SE segments

Full profile >

Applications, Technology & Support

Oligopoly

89.3%

Core Services

Competitive

10.7%

Workday, Inc. segments

Full profile >

Subscription services (Workday cloud applications + platform)

Oligopoly

92.6%

Professional services (deployment, optimization, training)

Competitive

7.4%

Act on this comparison

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.