Browsing Tag
GROW with SAP
2 posts
SAP Q2 2026: Cloud backlog jumps 26% to €22.9bn as AI acquisitions dilute FY guide
SAP's Q2 cloud backlog surged 26% to €22.9bn, reversing a two-quarter slowdown, but Dremio and Prior Labs dilution just trimmed the 2026 profit guide.
SAP Q1 2026: Cloud revenue surges 27% as Klein defends AI story against a halved stock
SAP cloud revenue jumped 27% in Q1 2026, but the harder question is whether one quarter can rebuild conviction in a stock down 48% from peak.