SAP stock: SAP reported EUR 9.90 billion revenue. SAP stock has USD 261.3 billion market value

Published on 10/19/2026 at 15:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cloud revenue hit EUR 6.30 billion in the second quarter. SAP stock costs EUR 199.57 on October 19, 2026, up 0.18 percent versus the Xetra close.

Business growth and valuation

In the second quarter, SAP reported EUR 9.90 billion in revenue, up 11.00 percent year over year, on July 23, 2026.
Cloud revenue reached EUR 6.30 billion in the second quarter of 2026.
SAP stock costs EUR 199.57 at Lang & Schwarz on October 19, 2026 at 3:41 p.m. CEST, 0.18 percent above the Xetra close of October 16, 2026.
SAP traded at a price-to-earnings ratio of 29.31 as of October 19, 2026.

SAP SE (DE0007164600) Makroaufnahme einer Platine mit feinen Leiterbahnen und Lötpunkten in Nahaufnahme, Illustration mit AI erstellt.

SAP reported total revenue of EUR 9.90 billion in the second quarter of 2026, up 11.00 percent year over year, according to the Yahoo Finance transcript dated July 23, 2026. At Lang & Schwarz, SAP stock was trading at EUR 199.57 on October 19, 2026 at 3:41 p.m. CEST, up 0.18 percent versus the Xetra close of October 16, 2026 at EUR 199.22.

Cloud revenue sets the operating tone

Cloud revenue reached EUR 6.30 billion in the second quarter of 2026, an increase of 24.00 percent year over year. Non-IFRS operating profit rose 9.00 percent to EUR 2.70 billion in the same period, while IFRS operating profit increased 8.00 percent to EUR 2.60 billion, according to Yahoo Finance.

The cloud figures offer the clearest operating comparison for the stock. SAP also reported current cloud backlog growth of 26.00 percent in the second quarter, although management described a slight deceleration as the year progresses.

Price position and trading frame

The Lang & Schwarz quote stood just 0.18 percent above the Xetra close, leaving the euro price nearly unchanged on the session. SAP's U.S. quote was USD 224.21 at 9:57 a.m. ET on October 19, 2026, while the German reference remains the Xetra-listed share.

Valuation and the next date

SAP had a market capitalization of USD 261.3 billion and a price-to-earnings ratio of 29.31 as of October 19, 2026. The investor-relations calendar from SAP lists third-quarter 2026 results for October 21, 2026, with disclosure scheduled for 10:05 p.m. CEST.

Comparison with peers

SAP: plus 0.18 percent, P/E 29.31, market capitalization USD 261.3 billion
Oracle (NYSE, USD): plus 0.99 percent, P/E 20.32, market capitalization USD 391.6 billion
Salesforce (NYSE, USD): minus 0.92 percent, P/E 21.71, market capitalization USD 196.3 billion

The euro quote stays near the close

SAP's modest intraday change leaves the market focused on the upcoming results and the pace of cloud expansion. The further course of trading is shown by the continuously updated real-time quote of SAP stock.