Cloud transformation enters the realization phase, SAP's operating profit in the fourth quarter increased by 27% year-on-year after adjustments, and the guidance for cloud revenue growth in 2026 has been raised
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- SAP's cloud transformation strategy is yielding results, with a significant profit increase driven by customer migration to the cloud.
- The company reported a 27% rise in adjusted operating profit for Q4, reaching €2.83 billion, and raised its cloud revenue growth forecast for 2026 to between €25.8 billion and €26.2 billion.
- CEO Christian Klein emphasized that SAP Business AI is a major growth driver, with strong adoption in the ERP suite, ensuring that the transition to cloud services is progressing as planned.