SAP crosses EUR 10 billion in Q3: SAP stock yields 1.17 percent

Published on 10/27/2026 at 10:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cloud backlog rose 28 percent to EUR 24.14 billion in Q3 2026. SAP stock costs EUR 213.70 on October 27, 2026 versus EUR 212.25 at Xetra.

Growth and reporting dates

SAP reported EUR 10.27 billion in third-quarter revenue on October 21, 2026.
Current cloud backlog reached EUR 24.14 billion, up 28 percent in the third quarter of 2026.
SAP stock trades at EUR 213.70 at 10:32 a.m. CET at Lang & Schwarz on October 27, 2026, 0.68 percent above the Xetra close of October 26, 2026.

SAP, DE0007164600, Illustration mit AI erstellt.

SAP (ISIN DE0007164600) crossed EUR 10 billion in quarterly revenue for the first time, reaching EUR 10.27 billion in the third quarter of 2026, according to SAP News on October 21, 2026. The same quarter brought a 1.17 percent dividend yield listed by Barron's.

Cloud backlog reaches EUR 24.14 billion

Current cloud backlog rose 28 percent year over year to EUR 24.14 billion in the third quarter of 2026. Cloud revenue increased 26 percent to EUR 6.67 billion, while Cloud ERP Suite revenue advanced 29 percent, according to SAP's results.

Total revenue grew 13 percent, and IFRS operating profit increased 18 percent in the third quarter of 2026. SAP also moved its 2026 cloud revenue and cloud and software revenue outlook toward the upper end of its previous ranges.

What comes next for SAP?

SAP's recent sequence shows a broader push into cloud and artificial intelligence. On July 23, 2026, the company reported second-quarter cloud backlog of EUR 22.90 billion, according to Lead and Logic. On October 6, 2026, SAP agreed to acquire TechWolf, whose platform reported USD 15 million in annual recurring revenue, according to TechWolf. The October 21 results then supplied the latest operating benchmark.

Next reporting date is January 28

SAP is scheduled to report fourth-quarter and full-year 2026 results on January 28, 2027, according to Barron's. That release will test whether the backlog expansion can support the upper end of SAP's 2026 cloud outlook.

Stock trades above Xetra close

SAP stock was trading at EUR 213.70 at Lang & Schwarz on October 27, 2026 at 10:32 a.m. CET, up 0.68 percent versus the Xetra close of October 26, 2026 at EUR 212.25. The move keeps the stock modestly above its previous Xetra reference while the latest results provide the central operating context. The further course of trading is shown by the continuously updated real-time quote of SAP stock.