The German software company reports better-than-expected earnings in the second quarter.
Enterprise software giant SAP SE’s stock inched up in late trading today after it shook off concerns that its business might ...
The German enterprise giant beat earnings expectations and showed that AI has not eaten its cloud business yet.
SAP stock fell 1.59% despite strong Q2 results as Cloud ERP revenue jumped 25%, cloud backlog hit €22.9B, and free cash flow surged to €3 billion.
SAP beat cloud-revenue forecasts and lifted its backlog 26%, easing fears AI will gut enterprise-software subscriptions, even as it cut its 2026 profit outlook.
The German Federal Cartel Office found no indications SAP limits extraction of data from its software for use in other ...
SAP is scaling agentic AI and usage-based cloud growth, but profit dilution, rising costs and long sales cycles keep ...