SAP lifts third-quarter revenue and operating profit, sees cloud at top of range
SAP reported higher third-quarter revenue and operating profit and now expects full-year cloud revenue at the high end of its outlook, per Dow Jones.
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what happened
German business-software maker SAP reported higher revenue and operating profit for the third quarter, according to Dow Jones Newswires. On a non-IFRS basis, total revenue rose 13% to 10.27 billion euros ($11.54 billion), while cloud sales climbed 26% to 6.67 billion euros.
Net income increased to 2.27 billion euros from 2.05 billion euros, and operating profit rose to 2.93 billion euros from 2.49 billion euros. Analysts had expected revenue of 10.12 billion euros, cloud revenue of 6.59 billion euros and operating profit of 2.94 billion euros.
For the year, SAP now expects cloud revenue toward the upper end of its 25.8–26.2 billion euro range. It still expects non-IFRS operating profit of 11.8–12.2 billion euros and free cash flow of roughly 10 billion euros.
why it matters
The results beat consensus on every key line, and the cloud revenue guidance moved up within the range. Investors usually follow SAP's non-IFRS figures, which exclude restructuring and acquisition-related charges. For European software stocks, the report points to continued demand for cloud services.
market impact
European software: strong results and guidance support SAP shares and the sector
tags
instruments
sources
- SAP Posts Higher Revenue, Operating Profit, Sees FY Cloud Revenue at High End of Range — Dow Jones Newswires, 21 October 2026 at 20:25 UTC
- SAP Posts Higher Revenue, Operating Profit, Sees Fiscal Year Cloud Revenue at High End of Range — Dow Jones Newswires, 21 October 2026 at 20:40 UTC
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