What SAP (SAP) Said on Its Q3 Earnings Call
SAP lifted its 2026 outlook after cloud revenue rose 26% and non-IFRS operating profit increased 18%, underscoring demand for its enterprise software.
- On Wednesday, October 21, 2026, SAP SE achieved a €10 billion quarterly revenue milestone for the first time, while reporting a 26% rise in current cloud backlog.
- Driven by strong demand, SAP saw cloud revenue rise 26% to €6.67 billion, as CFO Dominik Asam highlighted the strength and scalability of the business model.
- Expanding its ecosystem, SAP integrated Reltio, Dremio, and Prior Labs, while customers including Greenbrier Maxion and Krannich Solar Group adopted "SAP GROW" to modernize.
- The company now anticipates subscription revenue toward the top of its €25.8 billion to €26.2 billion forecast, moving 2026 expectations to the upper end of outlook range.
- Executing its capital return strategy, SAP repurchased 25,205,983 shares as of September 30, 2026, under a program extending through December 31, 2027.
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Europe's largest software group relies entirely on AI when it comes to conversion - with success, as the latest quarterly figures show. Walldorfers score especially in the cloud business. The stock exchange honours this.
Watch SAP CFO Says Cloud Growth at 25% Is 'Very Strong'
SAP SE Chief Financial Officer Dominik Asam discusses the Germany-based company's performance as it reported higher growth for its cloud products than anticipated. "The core here is the conviction of our customers that SAP is an ingredient, a core ingredient, in the AI transformation journey," he tells Bloomberg Television.
SAP revenue tops €10 billion as cloud growth accelerates
WALLDORF, Germany, Oct. 21, 2026 — SAP topped €10 billion in quarterly revenue for the first time Wednesday as cloud sales accelerated, prompting the enterprise software company to lift its cloud-related revenue outlook. Total revenue increased 13% to €10.27 billion. Cloud revenue rose 26% to €6.668 billion, or 25% excluding currency effects, according to SAP’s […]
What SAP (SAP) Said on Its Q3 Earnings Call
SAP (NYSE:SAP) reported third-quarter 2026 results marked by double-digit cloud revenue and operating-profit growth, as the enterprise software company said demand for artificial intelligence capabilities, cloud migrations and its Business Data Cloud continued to support bookings. Chief Executive O
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