SAP

SAP reports Q1 revenue up 6% YoY to €9.56B, vs. €9.53B est., non-IFRS operating profit up 17% YoY to €2.87B, and cloud revenue up 19% YoY to €5.96B

Checkbox, an AI startup that aims to automate legal intake, raised a $23M Series A led by Touring Capital; Checkbox has 100+ clients, including SAP and PepsiCo

SAP reports Q4 revenue up 3% YoY to €9.68B, adjusted operating profit up 27% to €2.83B, and forecasts 2026 cloud revenue to grow 23%+ to €25.8B; SAP falls 14%+

SAP SE shares fell the most in more than five years as current cloud backlog in the fourth quarter slipped …

SAP reports Q3 revenue up 7% YoY to €9.08B, cloud revenue up 22% to €5.29B, below €5.33B est., and current cloud backlog up 23% to €18.84B

Christina Kyriasoglou / Bloomberg :

SAP reports Q2 revenue up 9% YoY to €9.03B, vs. €9.05B est., cloud revenue up 24% to €5.13B, vs. €5.15B est., operating profit up 32% to €2.57B, vs. €2.43B est.

Kelly Cloonan / Wall Street Journal :

SAP reports Q1 cloud revenue up 26% YoY to €4.99B, vs. €5.05B est., and adjusted operating income up 58% to €2.5B, beating estimates; SAP jumps 9%+

Christina Kyriasoglou / Bloomberg :

SAP's stock rose ~1% for a ~€313B market cap, passing Danish weight-loss drugmaker Novo as Europe's most valuable public company; SAP is up 40% in the past year

Henry Ren / Bloomberg :

SAP reports Q4 cloud revenue up 27% YoY to €4.71B, above €4.68B est., driven by AI demand, names a suite of new executives, and plans to simplify its strategy

Christina Kyriasoglou / Bloomberg :

Analysis: SAP accounts for ~40% of Frankfurt DAX's 18.7% gains in 2024, with SAP up 70%+ as the software company transitions its business customers to the cloud

Financial Times :

Belgium-based Odoo, which develops open-source enterprise resource planning software, hit a €5B valuation in a secondary share round led by CapitalG and Sequoia

Odoo, a startup taking on SAP in the realm of enterprise software, boosted its valuation to 5 billion euros ($5.3 billion) …