Germany's largest technology company SAP, Europe's largest technology company, achieved the milestone of 10 billion euros in revenue in a single quarter for the first time. At the same time, it reported that its current cloud business order reserves increased 26% year over year, and raised the 2026 revenue forecast to the upper limit of this range. The company's cloud business revenue increased 26% to 6.67 billion euros in the third quarter; non-IFRS operating profit increased 18% to 3.03 billion euros. SAP's cloud business order reserves at a fixed exchange rate increased 26% to 24.14 billion euros, higher than the 24%-25% growth rate previously predicted by UBS. SAP maintained its operating profit outlook of 11.8 billion to 12.2 billion euros at a fixed exchange rate — this range was lowered in July of this year due to recent acquisitions.

Germany's largest technology company SAP, Europe's largest technology company, achieved the milestone of 10 billion euros in revenue in a single quarter for the first time. At the same time, it reported that its current cloud business order reserves increased 26% year over year, and raised the 2026 revenue forecast to the upper limit of this range. The company's cloud business revenue increased 26% to 6.67 billion euros in the third quarter; non-IFRS operating profit increased 18% to 3.03 billion euros. SAP's cloud business order reserves at a fixed exchange rate increased 26% to 24.14 billion euros, higher than the 24%-25% growth rate previously predicted by UBS. SAP maintained its operating profit outlook of 11.8 billion to 12.2 billion euros at a fixed exchange rate — this range was lowered in July of this year due to recent acquisitions.