Earnings ·
SAP SE reported second quarter 2026 results for the period ended June 30, 2026, featuring total revenue of €9.88…
SAPGFSap SE
SAP SE reported second quarter 2026 results for the period ended June 30, 2026, featuring total revenue of €9.88 billion, an 9% increase year-over-year. Cloud revenue rose 22% to €6.28 billion, while current cloud backlog reached €22.93 billion, up 27%. IFRS operating profit grew 8% to €2.64 billion. The company updated its 2026 non-IFRS operating profit outlook to €11.8–€12.2 billion at constant currencies to account for the dilutive impact of the Dremio and Prior Labs acquisitions. Additionally, the company settled a legal dispute with Teradata in March 2026, paying $480 million. SAP is a global enterprise software company providing cloud-based business applications and AI solutions.