On October 21 (local time), software giant SAP unveiled its financial results for the third quarter of 2026. According to the report, SAP's total revenue for the quarter soared to €10.270 billion, reflecting a robust 13% increase compared to the same period last year. Its non-International Financial Reporting Standards (non-IFRS) operating profit also saw a significant uptick, reaching €3.030 billion, an 18% year-on-year surge. Notably, the cloud business segment stood out, with revenue hitting €6.668 billion, a remarkable 26% increase year-on-year. Additionally, the current cloud backlog expanded to €24.144 billion, marking a 28% year-on-year rise. Based on these encouraging results, SAP has revised its full-year forecasts for 2026. At constant exchange rates, the company anticipates full-year cloud revenue to range between €25.8 billion and €26.2 billion, representing a 23% to 25% increase. Meanwhile, total cloud and software revenue is projected to reach between €36.3 billion and €36.8 billion, up 12% to 13% from the previous year.