SAP closes Q3 2026 with cloud backlog up 28% and updates outlook
FROM THE WIRE · FINANCE.YAHOO.COM
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…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong results and a cloud outlook update for a major European software group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Current cloud backlog is €24.1 billion, up 28%.
- 02Cloud revenue rose 26% and total revenue rose 13%.
- 03SAP updated its 2026 cloud revenue and cloud and software revenue outlook.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets