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SAP Cloud Growth Beats Forecast in Sign of Software’s Resilience

Bloomberg Technology Wednesday 21 October 2026, 20:19 UTC By Christina Kyriasoglou 1 min read
Key Points

SAP Cloud Growth Beats Forecast in Sign of Software’s Resilience SAP SE reported higher growth for its cloud products than anticipated in a sign that the boom in artificial intelligence hasn’t undermined demand for the German software maker’s offerings. Cloud revenue grew 25% in constant currencies to €6.67 billion ($7.49 billion) in the third quarter, Europe’s biggest software company said in a statement Wednesday. That compares with the average analyst forecast of €6.57 billion, according...

SAP Cloud Growth Beats Forecast in Sign of Software’s Resilience SAP SE reported higher growth for its cloud products than anticipated in a sign that the boom in artificial intelligence hasn’t undermined demand for the German software maker’s offerings. Cloud revenue grew 25% in constant currencies to €6.67 billion ($7.49 billion) in the third quarter, Europe’s biggest software company said in a statement Wednesday. That compares with the average analyst forecast of €6.57 billion, according to data compiled by Bloomberg.
SAP Cloud (ORG) Sign of Software’s (ORG) Resilience SAP SE (PERSON) German (ORG) Europe (LOCATION) Bloomberg (ORG)
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