SAP Cloud Revenue Rises 22% YoY to €6.28B, Exceeding Estimates
Macro·2 articles across 2 outlets
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SAP SE reported better-than-expected sales for its cloud products, as Europe’s largest software company pushes its enterprise customers to upgrade systems and adopt a suite of artificial intelligence products.
In Q2, SAP's cloud revenue increased 22% year-over-year to €6.28 billion, surpassing the estimated €6.26 billion. Total revenue rose 9.4% to €9.88 billion, while the company lowered its 2026 non-IFRS operating profit guidance.
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“SAP SE reported better-than-expected sales for its cloud products, as Europe’s largest software company pushes its enterprise customers to upgrade systems and adopt a suite of artificial intelligence products.”
Bloomberg — SAP Cloud Growth Beats Estimates as Customer Orders Accelerate“Grace Yoon / Wall Street Journal: SAP reports Q2 cloud revenue up 22% YoY to €6.28B, vs.”
techmeme — SAP reports Q2 cloud revenue up 22% YoY to €6.28B, vs. €6.26B est., total revenue up 9.4% to €9.88B, and lowers its 2026 non-IFRS operating profit guidance (Grace Yoon/Wall Street Journal)