SAP Reports Cloud Growth That Beats Estimates in AI Push
A humanoid robot displayed at the SAP SE booth at the Hannover Messe 2026 trade fair in Hannover, Germany on April 20.
Photographer: Krisztian Bocsi/BloombergSAP SE reported revenue growth from its cloud services that beat analysts’ estimates after Europe’s biggest software company began integrating artificial intelligence agents into the service.
Cloud revenue increased to €5.96 billion ($7 billion) in the first quarter, Walldorf, Germany-based SAP said Thursday in a statement. That compared with an average analyst estimate of €5.9 billion, according to data compiled by Bloomberg.