Segment Performance Second Quarter 2022

€ million, unless otherwise stated
(Non-IFRS)
Applications, Technology & Services1 Qualtrics
Actual
Currency
∆ in % ∆ in %
const. curr.
Actual
Currency
∆ in % ∆ in %
const. curr.
Cloud revenue 2,704 31 22 279 61 43
Segment revenue 7,109 11 4 330 57 39
Segment profit (loss) 2,094 −11 −15 17 25 45
Cloud gross margin (in %) 69.5 1.3pp 2.0pp 88.6 −3.8pp −3.9pp
Segment margin (in %) 29.5 −7.4pp −6.7pp 5.1 −1.3pp 0.2pp

1 Segment information for comparative prior periods were restated to conform with the new segment composition.