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A German software giant that builds the enterprise programs businesses use to run their daily operations — managing everything from finance and payroll to supply chains and sales in one system. Five former IBM engineers founded it in 1972 in Weinheim, Germany, and the name SAP originally stood for "Systemanalyse Programmentwicklung" (System Analysis and Program Development), though it later came to mean "Systems, Applications, and Products in Data Processing." Today the company is legally known as SAP SE, where SE marks it as a European public company.
SAP Q2 2026: current cloud backlog up 27%, cloud revenue up 22%, non-IFRS operating profit outlook trimmed
Current cloud backlog reached €22.9 billion, up 27% (26% at constant currencies) year-over-year.
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Cloud revenue grew 22% (24% at constant currencies) to €6.28 billion; total revenue rose 9% to €9.88 billion.
IFRS operating profit increased 8% to €2.64 billion; non-IFRS operating profit rose 7% (9% at constant currencies) to €2.74 billion.
2026 non-IFRS operating profit outlook lowered to €11.8–12.2 billion (from €11.9–12.3 billion) due to dilutive impact of Dremio and Prior Labs acquisitions.
SAP repurchased 16.28 million shares for ~€2.6 billion under its €10 billion buyback program as of June 30, 2026.
SAP SE announces virtual Annual General Meeting for May 5, 2026, with dividend proposal of €2.50 per share
The Executive Board and Supervisory Board propose a dividend of €2.50 per share for fiscal year 2025, totaling approximately €2.92 billion, payable on May 8, 2026.
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SAP SE will hold its Annual General Meeting as a virtual meeting on May 5, 2026, at 10:00 CEST, without physical presence of shareholders or proxies.
The agenda includes approval of the compensation report, appointment of BDO AG as auditors for fiscal year 2026, and elections of Supervisory Board members.
Shareholders will vote on a new authorization for the Executive Board to issue convertible and/or warrant-linked bonds up to €10 billion, with a term until May 4, 2031.
The meeting will also consider an amendment to the Articles of Incorporation to enable the issuance of electronic shares.