SAP

SAP
D

SAP

Arincen100/100B

SAP earnings

SAP reports its Q4 FY2026 results on 28 January 2027, before the market opens. Analysts expect earnings per share of 2.20 USD and revenue of 12.01B USD.

In Q3 FY2026, reported on 21 October 2026, SAP earned 2.18 USD a share against the 2.03 USD analysts expected (+7.4%), on revenue of 11.50B USD against 11.38B USD (+1.0%).

Last EPS surprise
+7.4%
Last revenue surprise
+1.0%
Move after the last report
+1.7%
Average move after earnings
3.7%

EPS and revenue against estimates

Next earnings · Q4 FY2026
EPS estimate
2.20 USD
Revenue estimate
12.01B USD
Last quarter · Q3 FY2026
EPS2.18Beat +7.4%Revenue11.50BBeat +1.0%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growthNext-day move
Q4 FY20262.20——+16.40%12.01B——+3.98%—
Q3 FY20262.032.18+7.39%+17.20%11.38B11.50B+1.02%+9.10%+1.7%
Q2 FY20262.001.85-7.50%+8.82%11.30B11.24B-0.55%+6.12%-1.8%
Q1 FY20261.922.01+4.69%+33.11%11.19B11.19B-0.07%+9.34%-6.2%
Q4 FY20251.771.89+6.78%+29.45%11.39B11.55B+1.41%+18.18%-15.3%
Q3 FY20251.741.86+6.90%+39.85%10.62B10.54B-0.72%+15.12%-1.5%
Q2 FY20251.631.70+4.29%+54.55%10.52B10.59B+0.72%+17.84%-0.5%
Q1 FY20251.391.51+8.63%+86.42%9.99B10.23B+2.35%+18.92%+0.6%
Q4 FY20241.511.46-3.31%+3.55%9.45B9.78B+3.45%+5.89%-0.6%
Q3 FY20241.311.33+1.53%-8.28%9.25B9.16B-1.00%+11.87%-0.5%
Q2 FY20241.091.10+0.92%-3.51%8.92B8.99B+0.75%+6.74%+1.6%
Q1 FY20241.070.81-24.30%-36.22%8.61B8.60B-0.07%+5.35%+1.4%
Q4 FY20231.581.41-10.76%+42.42%9.02B9.23B+2.30%+0.82%+0.1%
Q3 FY20231.361.45+6.62%+30.63%8.29B8.18B-1.22%+4.81%-2.2%
Q2 FY20231.261.14-9.52%+18.75%8.40B8.42B+0.23%+9.91%-6.3%
Q1 FY20231.201.27+5.83%+27.00%8.02B8.17B+1.77%+7.08%+5.6%
Q4 FY20221.370.99-27.74%-46.77%9.03B9.16B+1.41%+1.21%-1.8%
Q3 FY20221.261.11-11.90%-36.21%7.51B7.81B+3.94%-1.72%+5.8%
Q2 FY20221.080.96-11.11%-45.14%7.59B7.66B+0.91%-3.19%-2.2%
Q1 FY20221.231.00-18.70%-28.57%7.56B7.63B+0.87%+2.15%-2.4%
Q4 FY20211.691.86+10.06%+10.06%8.71B9.05B+3.86%-2.15%-7.4%
Q3 FY20211.321.74+31.82%+2.35%7.94B7.94B+0.06%+3.53%-2.9%
Q2 FY20211.231.75+42.28%+35.66%6.71B7.91B+17.94%+4.30%-3.6%
Q1 FY20210.921.40+52.17%+64.71%5.01B7.47B+48.98%+5.20%+1.6%
Q4 FY20201.631.69+3.68%-7.14%7.26B9.25B+27.32%+1.35%-3.3%
Q3 FY20201.301.70+30.77%+30.77%7.52B7.67B+1.98%+3.08%-23.2%
Q2 FY20201.281.29+0.78%+5.74%7.19B7.59B+5.52%+0.77%+3.9%
Q1 FY20200.920.85-7.61%-16.67%6.66B7.10B+6.60%+3.71%-5.4%
Q4 FY20191.731.82+5.20%+20.53%9.35B9.12B-2.47%+2.78%-2.8%
Q3 FY20191.201.30+8.33%+14.04%6.81B7.44B+9.29%+6.06%+2.8%
Q2 FY20191.201.22+1.67%+4.27%7.45B7.53B+1.10%+8.10%-5.2%
Q1 FY20190.941.02+8.51%+39.73%6.97B6.84B-1.84%+5.56%+12.3%
Q4 FY20181.551.51-2.58%-14.69%8.84B8.88B+0.43%+11.16%-3.9%
Q3 FY20181.101.14+3.64%+12.87%7.12B7.02B-1.43%+6.67%-7.6%
Q2 FY20181.181.17-0.85%+13.59%6.21B6.96B+12.11%+5.73%-3.8%
Q1 FY20180.730.730.00%-6.41%7.38B6.48B-12.17%+14.51%+3.1%
Q4 FY20171.551.77+14.19%+16.45%6.46B7.98B+23.55%+13.22%+2.3%
Q3 FY20171.011.010.00%-0.98%7.38B6.58B-10.83%+9.14%+1.4%
Q2 FY20171.021.03+0.98%+25.61%7.38B6.59B-10.73%+13.20%+0.2%
Q1 FY20170.770.78+1.30%+21.88%5.54B5.66B+2.27%+5.42%+0.8%
Q4 FY20161.451.52+4.83%+8.57%7.04B7.05B+0.17%+1.84%+0.4%
Q3 FY20161.051.02-2.86%+4.08%5.90B6.03B+2.20%+8.00%+1.7%
Q2 FY20160.890.82-7.87%-6.82%6.01B5.82B-3.13%+5.61%+5.5%
Q1 FY20160.710.64-9.86%+1.59%6.23B5.37B-13.77%+9.99%-0.1%
Q4 FY20151.381.40+1.45%+6.87%5.50B6.92B+26.01%-2.26%+0.4%
Q3 FY20150.920.98+6.52%+16.67%4.62B5.58B+20.88%+3.95%+0.9%
Q2 FY20150.910.88-3.30%+11.39%6.02B5.51B-8.45%-2.57%-2.2%
Q1 FY20150.730.63-13.70%+12.50%5.34B4.88B-8.65%-3.93%+2.5%
Q4 FY20141.331.31-1.50%+2.34%7.49B7.08B-5.44%+4.41%-5.3%
Q3 FY20140.840.840.00%+7.69%5.54B5.37B-2.96%-2.25%-4.8%
Q2 FY20140.760.79+3.95%+8.22%3.90B5.66B+44.85%+6.79%+1.3%
Q1 FY20140.600.56-6.67%-3.45%4.35B5.08B+16.84%+10.05%-2.3%
Q4 FY20131.281.280.00%+12.28%7.38B6.79B-8.05%+4.73%-1.1%
Q3 FY20130.820.78-4.88%+11.43%5.17B5.49B+6.23%+7.86%+3.6%
Q2 FY20130.750.73-2.67%+4.29%5.05B5.30B+4.78%+8.60%-2.8%
Q1 FY20130.580.580.00%+18.37%4.06B4.62B+13.76%+3.50%-4.0%
Q4 FY20121.181.14-3.39%+5.56%4.20B6.48B+54.22%+10.42%+1.4%
Q3 FY20120.750.70-6.67%-2.78%4.35B5.09B+17.14%+10.86%+2.2%
Q2 FY20120.700.700.00%+18.64%4.06B4.88B+20.15%+2.08%+1.3%
Q1 FY20120.510.49-3.92%+11.36%4.22B4.46B+5.60%+4.13%+1.2%
Q4 FY20111.051.08+2.86%+16.13%5.78B5.87B+1.48%+9.02%+0.7%
Q3 FY20110.640.72+12.50%+9.09%4.37B4.59B+5.07%+12.05%+2.2%
Q2 FY20110.570.59+3.51%-4.84%4.75B4.78B+0.52%+32.77%-3.0%
Q1 FY20110.470.44-6.38%-13.73%4.60B4.28B-6.84%+26.50%-6.9%
Q4 FY20100.880.93+5.68%-6.06%5.12B5.38B+5.11%+17.69%+1.6%
Q3 FY20100.670.66-1.49%+11.86%4.74B4.10B-13.58%+12.01%-5.2%
Q2 FY20100.580.62+6.90%+10.71%3.80B3.60B-5.23%-0.33%-2.7%
Q1 FY20100.500.51+2.00%+75.86%3.98B3.39B-14.90%+5.51%-3.2%
Q4 FY20090.930.99+6.45%-3.88%4.62B4.57B-1.05%-9.42%+0.3%
Q3 FY20090.580.59+1.72%-4.84%3.63B3.66B+0.92%-4.05%-9.9%
Q2 FY20090.510.56+9.80%-15.15%3.36B3.61B+7.43%-19.96%+0.8%
Q1 FY20090.380.29-23.68%-32.56%3.22B3.21B-0.42%-16.81%-4.7%
Q4 FY20080.951.03+8.42%+13.19%5.11B5.05B-1.09%+16.96%+4.4%
Q3 FY20080.560.62+10.71%+31.91%3.89B3.82B-1.88%+10.94%+6.0%
Q2 FY20080.640.66+3.13%+32.00%4.17B4.51B+8.05%+37.76%+9.8%
Q1 FY20080.430.430.00%+26.47%4.31B3.86B-10.37%+33.51%-4.2%
Q4 FY20070.880.91+3.41%+4.60%4.16B4.32B+3.70%+12.15%-1.5%
Q3 FY20070.460.47+2.17%+14.63%3.01B3.44B+14.27%+20.80%-2.9%
Q2 FY20070.440.50+13.64%+11.11%2.71B3.27B+21.00%+17.40%+6.9%
Q1 FY20070.370.34-8.11%+9.68%3.35B2.89B-13.63%+17.14%+2.5%
Q4 FY20060.780.87+11.54%+33.85%2.76B3.85B+39.62%+18.12%-7.0%
Q3 FY20060.390.41+5.13%+24.24%2.93B2.85B-2.67%+17.87%-3.3%
Q2 FY20060.420.45+7.14%+36.36%2.87B2.79B-2.83%+15.50%-3.0%
Q1 FY20060.300.31+3.33%+14.81%2.98B2.47B-17.09%+10.60%-1.9%
Q4 FY20050.620.65+4.84%+12.07%2.93B3.26B+11.11%+0.05%+9.4%
Q3 FY20050.340.33-2.94%+10.00%2.28B2.42B+5.88%+9.98%+0.1%
Q2 FY20050.310.33+6.45%+22.22%2.08B2.41B+16.10%+11.01%-2.4%
Q1 FY20050.260.27+3.85%+17.39%2.37B2.23B-5.82%+17.76%+5.4%
Q4 FY20040.550.58+5.45%+26.09%2.33B3.26B+39.63%+28.46%-2.3%
Q3 FY20040.290.30+3.45%+25.00%2.38B2.20B-7.65%+14.03%+3.1%
Q2 FY20040.280.27-3.57%+17.39%2.30B2.18B-5.26%+15.91%+1.1%
Q1 FY20040.230.230.00%+35.29%2.21B1.89B-14.43%+16.02%+0.5%
Q4 FY20030.440.46+4.55%+12.20%2.35B2.54B+7.75%+19.43%+2.0%
Q3 FY20030.200.24+20.00%+33.33%2.05B1.93B-6.06%+15.12%-1.5%
Q2 FY20030.200.23+15.00%+64.29%2.14B1.88B-12.27%+7.24%-8.5%
Q1 FY20030.130.17+30.77%+88.89%1.88B1.63B-13.20%+12.74%+7.6%
Q4 FY20020.310.41+32.26%+51.85%1.86B2.12B+14.14%+19.47%-0.2%
Q3 FY20020.110.18+63.64%+200.00%1.50B1.67B+11.28%+1.55%+25.7%
Q2 FY20020.130.14+7.69%-12.50%1.14B1.75B+53.21%+10.74%-2.3%
Q1 FY20020.100.09-10.00%0.00%1.37B1.45B+5.98%+7.52%+1.7%
Q4 FY20010.240.27+12.50%-20.59%1.09B1.78B+62.54%-13.33%+7.3%
Q3 FY20010.130.06-53.85%0.00%1.60B1.65B+3.03%+31.36%-2.7%
Q2 FY20010.130.16+23.08%+45.45%1.50B1.58B+5.41%+11.06%-2.4%
Q1 FY20010.080.09+12.50%+200.00%1.09B1.35B+23.21%+18.95%+10.9%
Q4 FY20000.220.34+54.55%+126.67%1.99B2.05B+3.05%+22.82%-3.7%
Q3 FY20000.110.06-45.45%+100.00%1.13B1.25B+11.23%+4.83%-8.0%
Q2 FY20000.120.11-8.33%-8.33%1.34B1.42B+6.03%+9.98%-0.3%
Q1 FY20000.090.03-66.67%-66.67%1.11B1.13B+2.30%-2.18%-2.9%
Q4 FY19990.150.150.00%-21.05%1.23B1.67B+35.72%+28.94%+3.5%
Q3 FY19990.090.03-66.67%-76.92%1.11B1.20B+8.08%+5.37%-2.3%
Q2 FY19990.130.12-7.69%—1.33B1.29B-2.92%—+1.5%
Q1 FY19990.060.09+50.00%+12.50%820.00M1.16B+41.18%+7.57%-4.3%
Q4 FY19980.200.19-5.00%-9.52%1.29B——-26.32%+13.0%
Q3 FY19980.090.10+11.11%+42.86%1.11B——-21.25%+1.6%
Q3 FY19980.120.13+8.33%+85.71%1.14B——-19.23%0.0%
Q1 FY19980.070.08+14.29%—1.08B———+3.3%
Q4 FY19970.300.21-30.00%—1.76B———+1.1%
Q3 FY19970.080.07-12.50%—1.41B———+1.8%
Q2 FY19970.100.12+20.00%—1.03M———-1.2%
Q2 FY19970.100.12+20.00%—1.03B———-1.2%

The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.

Q4 FY2026

What the market is waiting for

From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.

High importanceWaiting for 28 Jan

Cloud revenue growth

ExpectedCloud revenue growth of about 23%, excluding currency shiftscompany guidance
The resultComes with the report on 28 Jan

Cloud subscriptions are SAP’s main growth engine, so a slowdown could weigh on the shares.

Beat record

On average, analysts' EPS estimate was 7.2% off the result, either way, and their revenue estimate 1.2%, over the last 12 quarters.

EPS beats
70 / 119
Revenue beats
71 / 111
Average EPS surprise, last 12
-0.4%
Since
August 1997

See also:Forecast,EPS,Income statement

Common questions about SAP's earnings

Source: Financial Modeling Prep