SAP Earnings — SAP SE

NYSE · Technology · Software - Application

Updated Oct 27, 2026

Price $234.07

Market Cap $273.3B

P/E 30.2

52W Range $144.97 – $270.74

When is SAP's next earnings date?

SAP SE (SAP) has not announced its next earnings date yet. Its most recent earnings report was on Wednesday, October 21, 2026.

How did SAP do in its last earnings report?

In its most recent report on Oct 21, 2026, SAP SE posted EPS of $2.18 versus the $2.04 estimate, a beat of 6.9%. Revenue was $11.53B against a $11.53B estimate. The stock's 1-day post-earnings move was +5.1%.

How much does SAP stock move after earnings?

SAP beat EPS estimates in 6 of its last 8 reported quarters. Over the last 8 reports the stock moved an average of 5.6% (up or down) in the day after earnings.

About SAP SE

SAP SE, founded in Walldorf, Germany, in 1972, is a global provider of diverse software applications, technology, and services. The company's core enterprise resource planning (ERP) platform, SAP S/4HANA, offers robust functionalities for finance, risk management, project execution, procurement, manufacturing, supply chain optimization, asset management, and research and development. For human resources, SAP delivers SuccessFactors solutions, which encompass HR and payroll, talent and employee experience management, and comprehensive people and workforce analytics. Additionally, SAP provides spend management tools designed to handle direct and indirect expenditures, travel and expense reporting, and external workforce administration. SAP further extends its portfolio with customer experience solutions and the SAP Business Technology Platform, empowering both clients and partners to develop, integrate, and automate applications. Its SAP Business Network serves as a crucial business-to-business collaboration platform, digitizing key supply chain processes and facilitating seamless communication among trading partners. The company also offers SAP Signavio for discovering, analyzing, and enhancing business process operations, alongside modular industry-specific cloud solutions. Through Taulia, SAP provides working capital management solutions, helping customers improve liquidity visibility and mitigate the effects of inflation. Completing its extensive offerings, SAP also provides a range of sustainability solutions and services.

🤖 AI Earnings Analysis

SAP’s cloud backlog rose 28% to €24.1B, supporting a strong cloud ERP transition: cloud revenue grew 26% and EPS beat estimates by $0.14 at $2.18. 2026 constant-currency revenue growth guidance of 10.6% reinforces the positive outlook.

AI-generated summary — powered by BigEarnings.

Earnings History

Date	Period	EPS Est.	EPS Act.	Surprise	Revenue	Result	1D Δ	1W Δ	1M Δ
2026-10-21		2.04	2.18	+6.86%	$11.53B	✅ Beat	+5.07%	+2.98%	—
2026-08-06	Q1 2027	0.78	0.49	-37.18%	$4.42B	❌ Miss	+3.36%	+4.92%	+7.85%
2026-07-23	Q2 2026	2.01	1.85	-7.96%	$11.48B	❌ Miss	+9.30%	+23.57%	+49.39%
2026-06-04	Q4 2026	0.40	0.41	+2.50%	$4.55B	✅ Beat	-1.27%	-12.56%	-13.02%
2026-04-23	Q1 2026	1.92	2.01	+4.69%	$11.19B	✅ Beat	+7.36%	+3.82%	+9.14%
2026-02-05	Q3 2026	0.54	0.57	+5.56%	$4.89B	✅ Beat	+3.01%	+3.21%	+1.36%
2026-01-29	Q4 2025	1.76	1.89	+7.39%	$11.27B	✅ Beat	-14.85%	-15.43%	-14.65%
2025-10-22	Q3 2025	1.69	1.85	+9.47%	$10.55B	✅ Beat	+0.84%	-6.00%	-15.31%

Showing last 8 quarters.

Revenue by segment & region

By segment

Q2 FY26 · $9.88B total

Segment	Share	Revenue	YoY	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25
Cloud	63.6%	$6.28B	+22.4%	$4.71B	$4.99B	$5.13B	$5.29B
Software support	24.7%	$2.44B	-7.7%	$2.88B	$2.76B	$2.64B	$2.56B
Services	10.4%	$1.03B	-3.2%	$1.11B	$1.07B	$1.06B	$1.06B
Software licenses	1.3%	$131.0M	-32.5%	$683.0M	$183.0M	$194.0M	$161.0M