July 23, 2026

Q2 and Half-Year 2026 Financial Results

On July 23, 2026, SAP SE published its financial results for the second quarter and half year 2026.

  • Current cloud backlog of €22.9 billion, up 27% and up 26% at constant currencies

  • Cloud revenue up 22% and up 24% at constant currencies

  • Cloud ERP Suite revenue up 25% and up 27% at constant currencies

  • Total revenue up 9% and up 11% at constant currencies

  • IFRS operating profit up 8%, non-IFRS operating profit up 7% and up 9% at constant currencies

  • 2026 non-IFRS operating profit outlook updated to reflect dilutive impact from Dremio and Prior Labs acquisitions

September 28 - October 21, 2026
We are in Quiet Period

Communicating or commenting on SAP's performance before offical disclosure on October 21, 2026 is not allowed.

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Upcoming and Recent Events

October 21, 2026 – 10:05 pm (CET)

Q3 2026 Financial Results

Disclosure is scheduled for 10:05 pm CET.
The teleconference for financial analysts and investors will start at 11:00 pm CET.

SEPTEMBER 8, 2026
Goldman Sachs Communacopia & Technology Conference

Christian Klein, CEO and member of the SAP Executive Board participated in a Fireside Chat at the event.

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June 10, 2026

Bank of America C-Suite TMT Conference

London, UK

Philipp Herzig, CTO and member of the SAP Extended Board, participated a Fireside Chat at the event.

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July 6, 2026

SAP Completes Acquisition of Dremio

SAP today announced it has completed the acquisition of Dremio, an open, high-performance data lakehouse platform. The acquisition accelerates agentic AI and expands customers’ ability to combine SAP and non-SAP data to run analytical and AI workloads in real time, with no data movement or conversion necessary, and with vastly improved economics for enterprise analytics.

May 7, 2026

SAP Completes Acquisition of Reltio

SAP today announced it has completed the acquisition of Reltio, a leading master data management (MDM) software provider. The acquisition helps customers make their SAP and non-SAP enterprise data AI-ready and will provide customers with the tools they need to unify, cleanse and harmonize data across sources for superior enterprise-wide agentic AI.

July 17, 2026

SAP Completes Acquisition of Prior Labs

SAP today announced it has completed the acquisition of Prior Labs, the pioneer of Tabular Foundation Models (TFMs). The acquisition will accelerate SAP’s success in TFMs that started with SAP-RPT-1 and bring one of the world’s leading TFM research teams into the SAP family.

May 28, 2026

SAP Successfully Places €3.5 Billion Eurobond

SAP SE, rated A1 (stable) by Moody’s and A+ (stable) by S&P Global, successfully completed a Eurobond transaction with a total volume of € 3.5 billion across four tranches with tenors of two, three, five and seven years. The net proceeds from this transaction are used for general corporate purposes, including (re)financing of recently announced acquisitions.

Statement

SAP Welcomes European Commission Decision Concluding the Investigation Into On-Premise Maintenance and Support Policies

September 25, 2025: SAP confirms that the European Commission has started formal proceedings involving the company.

November 14, 2025: SAP Reaffirms Commitment to Fair Competition Amid EU Review

July 9, 2026: SAP Welcomes European Commission Decision Concluding the Investigation Into On-Premise Maintenance and Support Policies

SAP Stock Intraday Performance
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