SAP's cloud ERP revenue rises 29 percent in the third quarter as quarterly revenue tops 10 billion euros

Software company SAP published results for its third quarter, which ended on 30 September 2026, on 21 October 2026. According to the quarterly statement filed with the SEC, total revenue rose 13 percent to 10.27 billion euros. Chief financial officer Dominik Asam said it was the first time SAP had passed 10 billion euros in revenue in a single quarter.

• Cloud revenue rose 26 percent to 6.67 billion euros, or 25 percent in constant currency.
• Cloud ERP Suite revenue rose 29 percent to 5.92 billion euros.
• Current cloud backlog grew 28 percent to 24.1 billion euros, or 26 percent in constant currency.
• Non-IFRS operating profit rose 18 percent to 3.03 billion euros, and FCF (cash flow left after capital spending) rose 36 percent to 1.72 billion euros.

For 2026, SAP now sees cloud revenue landing near the top of its 25.8 to 26.2 billion euro outlook, measured at constant currencies. The statement says the company demonstrated Joule Work and Joule Assistants at its SAP Connect event on 6 October, completed the acquisitions of Dremio and Prior Labs, and agreed to acquire TechWolf.

Why it matters

According to the figures in the statement, most of SAP's growth comes from its cloud ERP suite, and the strategy the company calls the Autonomous Enterprise puts cloud, data and AI at the center. For manufacturing, retail and distribution companies in Türkiye that run SAP, this could make it more important to weigh cloud migration options, existing licence and maintenance contracts, and which editions include the AI features when planning a roadmap. For smaller companies, total cost of ownership and fit with local regulations are likely to remain the deciding factors in an ERP decision.

Our approach to ERP selection and integration is described on our ERP page.