# SAP hits €10 billion quarterly revenue milestone, raises 2026 outlook

https://mins.news/en/item/110400

- Reuters, 2026-10-22 01:40 UTC
- Economy
- Original: https://www.reuters.com/world/europe/germanys-sap-tops-cloud-demand-forecasts-holds-yearly-operating-profit-outlook-2026-10-21/?link_source=ta_bluesky_link&taid=6ad9697c75a7df0001b144d2

> Europe’s largest tech company, SAP, posted quarterly revenue of €10 billion ($11.2 billion) for the first time on Wednesday. Its current cloud backlog rose 26%, and it raised its 2026 revenue outlook to the upper end of its range.