Recent Updates — SAP

SAP SE reported third-quarter results ending September 30, 2026, posting total revenue of €10.27 billion, a 13% increase from the prior year period and up 12% at constant currencies. Cloud revenue grew 26% to €6.67 billion, while current cloud backlog increased 28% to €24.1 billion. IFRS operating profit rose 18% to €2.93 billion, with non-IFRS operating profit also up 18% at €3.03 billion. Earnings per share reached €1.96 on an IFRS basis and €1.89 on a non-IFRS basis. The company updated its full-year outlook, expecting cloud revenue to reach the upper end of the €25.8–€26.2 billion range at constant currencies. SAP operates in the enterprise software industry, providing business applications and analytics solutions.