SAP passes €10B in quarterly revenue as cloud sales rise 26%
Q3 revenue rose 13% and topped €10B for the first time. Current cloud backlog rose 28% to €24.1B, and non-IFRS operating profit rose 18%. SAP now expects 2026 cloud revenue near the top of its €25.8B–€26.2B range.
Q3 revenue rose 13% and topped €10B for the first time. Current cloud backlog rose 28% to €24.1B, and non-IFRS operating profit rose 18%. SAP now expects 2026 cloud revenue near the top of its €25.8B–€26.2B range. (SAP; Reuters via KFGO)