SAP Shakes Off Software Worries with Big Earnings Report. the Stock Rises.

Dow Jones

Jul 24

Shares of SAP surged after hours Thursday as the German tech company shook off concerns about its software business with a better-than-expected quarterly earnings report.

SAP, which offers cloud services and operations software for enterprises, posted earnings of EUR1.89 ($2.15) a share in the second quarter. That was up from EUR1.45 last year and above analysts' consensus estimate of EUR1.68, per FactSet. Revenue rose 11% from a year ago on a constant-currency basis to EUR9.88 billion, exceeding Wall Street's call for EUR9.85 billion.

SAP's American depositary receipts were up 6.5% in late trading.

The company's cloud unit -- by far its largest business segment -- grew 24% year over year on a constant currency basis. The cloud business has benefited in recent years from enterprises shifting their data to the company's platform from on-site databases.

But that shift has coincided with a sharp decline in software support revenue, which fell 7% in the second quarter. Worries about artificial-intelligence tools lessening the need for certain enterprise software tools has weighed on the stock, which is down 40% this year.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

July 23, 2026 16:18 ET (20:18 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Worries about artificial-intelligence tools lessening the need for certain enterprise software tools has weighed on the stock, which is down 40% this year. \n</p>\n<p>\n  Write to Nate Wolf at nate.wolf@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 16:18 ET (20:18 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SAP","symbol_name":"SAP SE","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653775181","we_media_id":"106","thumbnails":["https://static.tigerbbs.com/327ab91423a6bd95784fa6f883f971eb"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653775181","pubTimestamp":1784837880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"    Shares of $SAP(SAP)$ surged after hours Thursday as the German tech company shook off concerns about its software business with a better-than-expected quarterly earnings report.      SAP, which...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SAP":"SAP SE"},"translate_title":"SAP 通过丰厚的收益报告摆脱了软件担忧。股票上涨。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAP":1.5},"content_text":"Shares of SAP surged after hours Thursday as the German tech company shook off concerns about its software business with a better-than-expected quarterly earnings report. \n\n\n  SAP, which offers cloud services and operations software for enterprises, posted earnings of EUR1.89 ($2.15) a share in the second quarter. That was up from EUR1.45 last year and above analysts' consensus estimate of EUR1.68, per FactSet. Revenue rose 11% from a year ago on a constant-currency basis to EUR9.88 billion, exceeding Wall Street's call for EUR9.85 billion. \n\n\n  SAP's American depositary receipts were up 6.5% in late trading. \n\n\n  The company's cloud unit -- by far its largest business segment -- grew 24% year over year on a constant currency basis. The cloud business has benefited in recent years from enterprises shifting their data to the company's platform from on-site databases. \n\n\n  But that shift has coincided with a sharp decline in software support revenue, which fell 7% in the second quarter. Worries about artificial-intelligence tools lessening the need for certain enterprise software tools has weighed on the stock, which is down 40% this year. \n\n\n  Write to Nate Wolf at nate.wolf@barrons.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. 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