SAP Raises 2026 Revenue Expectations to Top of Range
SAP reported quarterly revenue of €10 billion, its first time reaching that milestone, and a 26% rise in current cloud backlog. The company moved its 2026 revenue expectations to the upper end of its outlook range.
Europe's largest tech company SAP XETR:SAP achieved a €10 billion ($11.2 billion) quarterly revenue milestone for the first time on Wednesday, while reporting a 26% rise in current cloud backlog and moving its 2026 revenue expectations to the upper end of its outlook range.Cloud revenue rose 26% to…