SAP SE Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
14.6%projected annual EPS growth
Analyst Coverage
12analysts covering
FY EPS (est.)
$9.59next fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Financial Results | 21 Oct 2026 |
Monitoring Framework
Key Performance Indicators
Current Cloud Backlog Quarterly22.9B
Cloud Revenue Growth (Constant Currency) Quarterly24.0%
Non-IFRS Operating Profit Guidance (FY 2026) Annually11.5BTarget: 11200000000-11800000000
Watch Items
- Dilutive impact of Dremio and Prior Labs acquisitions on operating profitTrigger: Annual profit dilution exceeding €100 millionAction: Re-evaluate near-term margin expansion timeline and adjust operating profit forecasts.
- Deceleration of cloud revenue growthTrigger: Cloud revenue growth falling below 20% at constant currenciesAction: Assess competitive pressure in the Cloud ERP Suite market and review customer migration rates.
Research as of 2 Sep 2026