SAP to Report Q2 Earnings With Cloud and AI in Focus

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

SAP SE is scheduled to report second-quarter 2026 results on July 23 after market close. The Zacks Consensus Estimate for earnings is $2 per share, up 17.6% from a year ago, while revenue is seen at $11.4 billion, an 11.4% increase. The company's cloud-first strategy, including rapid adoption of Rise with SAP and Grow with SAP, drove a 25% rise in cloud backlog and 27% cloud revenue growth in the first quarter, with Cloud ERP Suite revenue accelerating 30%. SAP is also advancing its AI monetization, targeting €2 billion in efficiencies by 2028, and recently agreed to acquire Prior Labs and Dremio to bolster AI and data capabilities. However, the Zacks model does not predict an earnings beat this time, as SAP carries an Earnings ESP of -1.25% and a Zacks Rank of 4.

Impact on stocks 4

Financials▲ · 2 stocks
Cloud & Digital Infrastructure▲ · 1 stocks
SAP SE
SAP
▲ PositiveDemandrelevance

Cloud backlog and revenue growth accelerating, AI monetization targets, and acquisitions to bolster capabilities

Climate Adaptation & Water▲ · 1 stocks

Theme Impact 2

Off-coverage companies 1

Prior LabsPrivate▲ Positive
Technologyrelevance

Acquired by SAP to bolster AI and data capabilities

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