SAP Quarterly Statement Q3 2026
Key Highlights
- ➤Current cloud backlog €24.1 billion, up 28% nominal and 26% constant currency
- ➤Q3 total revenue €10.27 billion, up 13% nominal and 12% constant currency
- ➤Non-IFRS operating profit €3.03 billion, up 18%; margin reached 29.5%
- ➤SAP raised 2026 cloud and cloud-and-software revenue outlooks toward upper ranges
- ➤SAP agreed to acquire TechWolf, an AI work intelligence platform provider
Expert Statements
Christian Klein, CEO of SAP
“Q3 was an outstanding quarter, with current cloud backlog up 26% at constant currencies. Our Autonomous Enterprise strategy is not just resonating, it is being adopted. Our customers are investing in the technology behind it – from the cloud and data foundation to our Business AI. They see that Joule Work makes the business case for their transformation more attractive than ever.”
Dominik Asam, CFO of SAP
“For the first time, SAP crossed €10 billion in total quarterly revenue and €3 billion of non-IFRS operating profit, reflecting the strength and scalability of our business model. Our disciplined approach to cost management, paired with continued cloud momentum, demonstrates our ability to grow both the top and bottom line at the same time.”
* 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 up 18%, non-IFRS operating profit up 18%, both at nominal and constant currencies * SAP updates its 2026 cloud revenue and cloud and software revenue outlook Christian Klein, CEO: Q3 was an outstanding quarter, with current cloud backlog up 26% at constant currencies. Our Autonomous Enterprise strategy is not just resonating, it is being adopted. Our customers are investing in the technology behind it – from the cloud and data foundation to our Business AI. They see that Joule Work makes the business case for their transformation more attractive than ever.
Dominik Asam, CFO: For the first time, SAP crossed €10 billion in total quarterly revenue and €3 billion of non-IFRS operating profit, reflecting the strength and scalability of our business model. Our disciplined approach to cost management, paired with continued cloud momentum, demonstrates our ability to grow both the top and bottom line at the same time.
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