{
  "id": 15950461,
  "title": "Germany's SAP lifts 2026 revenue expectations to top of range after backlog beat",
  "url": "https://urgent.news/2026/10/21/germanys-sap-lifts-2026-revenue-expectations-to-top-of-range-after",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T20:22:57.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/germanys-sap-lifts-2026-revenue-expectations-top-range-after-backlog-beat-6480306"
  },
  "original_language": "en",
  "account": "Germany-based software giant SAP has raised its revenue forecasts for 2026, citing strong performance in the third quarter. The company reported a 26 per cent increase in cloud backlog, reaching €24.14 billion, surpassing expectations. Cloud revenue grew by 26 per cent to €6.67 billion, while non-IFRS operating profit climbed 18 per cent to €3.03 billion. SAP's cloud backlog, a key indicator of enterprise tech spending, grew more than UBS's forecasted range of 24 per cent to 25 per cent. The company now anticipates subscription revenue, which includes software accessed remotely, to be at the higher end of its forecast range of €25.8 billion to €26.2 billion. This represents a growth of 23 per cent to 25 per cent, with overall revenue expected to reach €36.3 billion to €36.8 billion, up 12 per cent to 13 per cent from the previous year. SAP's operating profit outlook remains steady, with an expectation of €11.8 billion to €12.2 billion in constant currencies.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Germany's SAP lifts 2026 revenue expectations to top of range after backlog beat",
        "url": "https://urgent.news/2026/10/21/germanys-sap-lifts-2026-revenue-expectations-to-top-of-range-after-15951678",
        "published": "2026-10-21T20:22:57.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "SAP: Q3 cloud revenue up 25% YoY to €6.67B, vs. €6.57B est., total revenue up 12% to €10.27B, current cloud backlog up 26% to €24.1B, all in constant currencies (Christina Kyriasoglou/Bloomberg)",
        "url": "https://urgent.news/2026/10/21/sap-q3-cloud-revenue-up-25-yoy-to-6-67b-vs-6-57b-est-total-revenue-up",
        "published": "2026-10-21T22:35:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}