SAP SEXETR: SAP

SAP Announces Q3 2026 Results

· Issued by SAP SE

Summary by 6ix AI

SAP SE, which provides enterprise applications and business AI, reported results for the third quarter of 2026. Cloud revenue rose 26% (25% at constant currencies, meaning excluding exchange-rate effects) and total revenue rose 13% (12% at constant currencies).

Key details

  • Current cloud backlog was €24.1 billion, up 28% and up 26% at constant currencies.
  • Cloud ERP Suite revenue (ERP is enterprise resource planning software for running core business operations) rose 29%, and 28% at constant currencies.
  • Operating profit rose 18% under IFRS (International Financial Reporting Standards) and 18% on SAP's adjusted non-IFRS basis, at both nominal and constant currencies.
  • CFO Dominik Asam said SAP crossed €10 billion in total quarterly revenue and €3 billion of non-IFRS operating profit for the first time.
  • SAP updated its 2026 outlook for cloud revenue and for cloud and software revenue.

6ix AI wrote this summary from the release below and checked it against the release.

WALLDORF - SAP SE (NYSE: SAP) today announced its financial results for the third quarter 2026.

At a glance
  • Current cloud backlog of €24.1 billion, up 28% and up 26% at constant currencies
  • Cloud revenue up 26% and up 25% at constant currencies
  • Cloud ERP Suite revenue up 29% and up 28% at constant currencies
  • Total revenue up 13% and up 12% at constant currencies
  • IFRS operating profit up 18%, non-IFRS operating profit up 18%, both at nominal and constant currencies
  • SAP updates its 2026 cloud revenue and cloud and software revenue outlook
Christian Klein, CEO:

"Q3 was an outstanding quarter, with current cloud backlog up 26% at constant currencies. Our Autonomous Enterprise strategy is not just resonating, it is being adopted. Our customers are investing in the technology behind it - from the cloud and data foundation to our Business AI. They see that Joule Work makes the business case for their transformation more attractive than ever."

Dominik Asam, CFO:

"For the first time, SAP crossed €10 billion in total quarterly revenue and €3 billion of non-IFRS operating profit, reflecting the strength and scalability of our business model. Our disciplined approach to cost management, paired with continued cloud momentum, demonstrates our ability to grow both the top and bottom line at the same time."

Find all results in the Quarterly Statement
View the document
About SAP

As a global leader in enterprise applications and business AI, SAP (NYSE:SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit www.sap.com.

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For more information, press only:
Aimée Leabon, +1 (212) 653-9600, aimee.leabon@sap.com, EDT
Marcus Winkler, +49 (6227) 7-67497, marcus.winkler@sap.com, CET
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

For more information, financial community only:
Alexandra Steiger, +49 (6227) 7-60437, alexandra.steiger@sap.com, CEST

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2025 Annual Report on Form 20-F.
© 2026 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

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