SAP reported second-quarter total revenue of €9.88 billion. This 9% increase exceeded analyst expectations.
Cloud revenue reached €6.28 billion. This segment surged 22% during the period. The current cloud backlog grew 27%.
SAP lowered its 2026 non-IFRS operating profit guidance to a range of €11.8 billion to €12.2 billion. The previous forecast projected a profit between €11.9 billion and €12.3 billion.
Management attributed the reduced outlook to the dilutive effects of acquiring Dremio and Prior Labs.