SAP Earnings – Q1 2022

SAP SE
  • Cloud revenue growth further accelerates, up 31% and up 25% at constant currencies
  • Current cloud backlog approaches €10bn, up 28% and up 23% at constant currencies
  • SAP S/4HANA cloud revenue significantly increases, up 78% and up 71% at constant currencies. SAP S/4HANA current cloud backlog expands even faster, up 86% and up 79% at constant currencies
  • SAP reaffirms 2022 outlook for revenue, non-IFRS operating profit and free cash flow

Customers powered another quarter of strong cloud growth as they turned to us for solutions to make their businesses more sustainable, their supply chains more resilient, and their enterprises more future-proof. Our signature ERP offering SAP S/4HANA grew at record levels demonstrating the confidence customers place in us to support their business transformations.

Christian Klein, CEO
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SAP Earnings – Q1 2022

SAP Earnings – Q1 2022

Cloud revenue growth further accelerates, up 31% and up 25% at constant

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Microsoft Earnings – Q1 2022

Microsoft Earnings – Q1 2022

·        Revenue was $49