SAP sets Q3 results date as SAP stock sits 23.46 percent below its high

Published on 10/01/2026 at 13:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cloud backlog reached EUR 22.90 billion, up 27.00 percent in Q2 2026. SAP stock costs EUR 186.95 on October 1, 2026 versus EUR 184.57.

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SAP stock (ISIN DE0007164600) was trading at EUR 186.95 at Lang & Schwarz on October 1, 2026 at 1:17 p.m. CEST, up 1.29 percent versus the prior close of EUR 184.57. SAP has scheduled its third-quarter 2026 results for October 21, 2026, with disclosure set for 10:05 p.m. CET, according to SAP.

Results date fixes the next test

The October 21 publication will give investors the next reported view of SAP's cloud transition. The company last reported second-quarter and half-year 2026 figures on July 23, 2026, when total revenue rose 9.00 percent year over year and cloud revenue increased 22.00 percent, according to SAP.

SAP's current cloud backlog reached EUR 22.90 billion in the second quarter of 2026, a 27.00 percent year-over-year increase. Cloud ERP Suite revenue grew 25.00 percent in the same period, while IFRS operating profit increased 8.00 percent, giving the October report a clear operating benchmark.

Cloud growth must reach profit

The figures show why the scheduled results matter beyond the calendar date: backlog growth was three times the pace of total revenue growth, while cloud ERP Suite revenue expanded faster than the overall business. The comparison points to a business mix shifting toward recurring cloud activity, but the next report will show whether that shift is translating into sustained profit expansion.

Stock remains below its yearly high

The Lang & Schwarz price of EUR 186.95 stood 23.46 percent below the 52-week high of EUR 244.30 reported for SAP on October 1, 2026. The same market view showed a 52-week low of EUR 127.50 and market capitalization of EUR 245.60 billion, while SAP's Xetra listing uses ticker SAP and the stock is classified in the technology and software application sector.

At Lang & Schwarz, SAP stock was trading at EUR 186.95 on October 1, 2026 at 1:17 p.m. CEST, plus 1.29 percent versus the prior close of EUR 184.57. The further course of trading is shown by the continuously updated real-time quote of SAP stock.