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SAP Q3 cloud revenue rises 26%, current cloud backlog reaches €24.1B
SAP says Q3 total revenue rose 13% (12% at constant currencies), its first quarter above €10 billion, and cloud revenue rose 26%. Current cloud backlog was €24.1 billion, up 28%. Non-IFRS operating profit passed €3 billion for the first time. SAP updated its 2026 cloud outlook and credits its Autonomous Enterprise strategy and Joule Work, with no AI-specific figures.
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SAPnews.sap.com/2026/10/sap-announces-q3-2026-results/Coverage · 2 articles, oldest first
Wednesday, October 21, 2026