SAP posts 37% EPS growth and 24% cloud revenue surge, but shares slip after mixed Q2 results and currency concerns.
SAP SE (NYSE:SAP ) Q2 2025 Earnings Conference Call July 22, 2025 5:00 PM ET Company Participants Alexandra Christine Kasper Steiger - Global Head of Investor Relations Christian Klein - CEO & Member of Executive Board Dominik Asam - CFO & Member of Executive Board Conference Call Participants Adam Dennis Wood - Morgan Stanley, Research Division Ben Castillo-Bernaus - BNP Paribas Exane, Research Division Charles Brennan - Jefferies LLC, Research Division Frederic Emile Alfred Boulan - BofA Securities, Research Division Jackson Edmund Ader - KeyBanc Capital Markets Inc., Research Division Johannes Schaller - Deutsche Bank AG, Research Division Mark L. Moerdler - Sanford C.
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SAP is a critical enterprise software provider, now reaching a tipping point in its cloud transition, unlocking superior growth and business model benefits. Cloud revenues surpassed non-cloud for the first time in 2024, accelerating double-digit growth and driving operational leverage through upsell, cross-sell, and cost efficiencies. SAP's deep enterprise integration and data position it as a top AI applications play, with AI acting as a revenue accelerator and value enhancer for its offerings.
SAP's Q2 results may get a lift from surging cloud ERP growth, bold AI bets and strong momentum in enterprise software.
Siemens and SAP CEOs have urged the European Union to revise its artificial intelligence legislation, saying the current rules stifle innovation.
The CEO of SAP, Christian Klein, says there is "not so much demand" for data centers in Europe, and that the continent should focus on winning the artificial intelligence software race. He speaks to Bloomberg's Tom Mackenzie at the software company's headquarters in Walldorf, Germany.
German company SAP went from software provider to the IT engine driving global business. Bloomberg's Tom Mackenzie breaks down SAP's rise to Europe's most valuable company.
SAP SE has reinvented itself with aggressive cloud investments, driving double-digit revenue growth and a 60% surge in operating profit. The new Business Data Cloud and AI partnership with Mistral and Capgemini position SAP for long-term growth, especially in regulated industries. SAP's premium valuation is justified by its growth, profitability, and momentum compared to peers like Microsoft, Oracle, and Salesforce.
The number of new jobs created in May slowed to 139,000, a sign the Trump trade wars are starting to make a dent in a resilient U.S. labor market that's been a bedrock of the economy.
SAP SE (NYSE:SAP ) BNP Paribas Exane 27th CEO Conference Call June 3, 2025 5:45 AM ET Company Participants Christian Klein - Chief Executive Officer Conference Call Participants Unidentified Analyst - BNP Paribas Exane Unidentified Analyst Okay. In the interest of time, we'll get started just while the last few seats are filled.
French IT firm Capgemini said on Monday it was partnering with Germany's SAP to deploy custom Mistral AI solutions for sensitive industries.