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SAP Cloud Revenue Beats Estimates as Legacy Support Nears Cutoff

Bloomberg Technology Thursday 23 July 2026, 20:09 UTC By Christina Kyriasoglou 1 min read
Key Points

SAP Cloud Revenue Beats Estimates as Legacy Support Nears Cutoff SAP SE’s cloud revenue grew at a faster pace than analysts expected as customers move away from on-premises licenses ahead of the company’s deadline to halt support for legacy software. Cloud revenue grew 24% in constant currencies to €6.28 billion ($7.1 billion) in the second quarter, the Walldorf, Germany-based company said Thursday in a statement. That compares with the average analyst forecast of €6.26 billion, according to...

SAP Cloud Revenue Beats Estimates as Legacy Support Nears Cutoff SAP SE’s cloud revenue grew at a faster pace than analysts expected as customers move away from on-premises licenses ahead of the company’s deadline to halt support for legacy software. Cloud revenue grew 24% in constant currencies to €6.28 billion ($7.1 billion) in the second quarter, the Walldorf, Germany-based company said Thursday in a statement. That compares with the average analyst forecast of €6.26 billion, according to data compiled by Bloomberg.
SAP Cloud Revenue Beats (ORG) Walldorf (PERSON) Germany (LOCATION) Bloomberg (ORG)
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