SAP Earnings: On-Premise Revenues Contract, On-Demand Sales Accelerate
First quarter results for SAP AG (SAP), reported on April 17, fell short of analyst expectations. The German software developer reported IFRS revenues of €3.7 billion ($5.11 billion U.S.) compared to our estimate of €3.8 billion ($5.25 billion U.S.). Consensus first quarter estimates for SAP also were approximately €3.8 billion. Non-IFRS revenues, which exclude currency fluctuations and deferred revenue adjustments, expanded 6% to reach €3.9 billion ($5.39 billion U.S.) for the first quarter.
SAP News
SAP Builds AI Into the Core of Retail at NRF 2026
NEW YORK — SAP continues to infuse AI into the DNA of every part of its retail solutions.David Robinson Named President of SAP North America
NEWTOWN SQUARE — He will oversee the company’s North America market units and lead sales operations across the broader Americas region.A Recipe for the Future: BSH Reinvents Finance and Embraces the Cloud with SAP
BSH is transforming its IT landscape to a cloud-first foundation, aiming to free employees from manual tasks and put insights at the center of decision-making.Groups
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