Sap (SAP) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $1.81
- EPS estimate
- $2.01
- EPS surprise
- −10.15%
- Revenue surprise
- −0.55%
- Revenue
- $11.2B
- Revenue estimate
- $11.3B
- Reported
- Jul 28, 2026
SAP reported Q2 2026 results on July 28, 2026. Earnings per share were $1.81, missing the $2.01 estimate by 10.15%. Revenue came in at $11.2 billion, just under the $11.3 billion consensus. Compared with Q2 2025, EPS rose about 3% from $1.76 and revenue rose about 6% from $10.6 billion. The miss ended a run of eight straight quarters above the EPS estimate.
The longer record shows uneven earnings but steady sales growth. Annual EPS was $4.27 in 2022, $5.65 in 2023, $4.85 in 2024 and $7.17 in 2025. Revenue rose every year, from $32.3 billion in 2022 to $42.9 billion in 2025, and Q4 2025 set the quarterly high in the table at $11.6 billion. First-half 2026 EPS adds up to $3.82, about 13% more than the $3.39 a year earlier. Over the last 20 quarters, SAP beat the EPS estimate 12 times, and six of its eight misses came in 2022 and 2023.
SAP reported Q3 between October 13 and October 27 in each of the past five years. That points to mid-to-late October 2026 for the next report. It will show whether EPS returns above the consensus after the Q2 miss.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 28, 2026 | $2.01 | $1.81 | −10.15% | $11.2B | SEC |
| Q1 2026 | Apr 28, 2026 | $1.93 | $2.01 | +4.20% | $11.2B | SEC |
| Q4 2025 | Feb 3, 2026 | $1.77 | $1.93 | +9.49% | $11.6B | SEC |
| Q3 2025 | Oct 27, 2025 | $1.74 | $1.85 | +5.84% | $10.5B | SEC |
| Q2 2025 | Invalid Date | $1.66 | $1.76 | +6.13% | $10.6B | — |
| Q1 2025 | Apr 25, 2025 | $1.46 | $1.63 | +11.69% | $10.2B | SEC |
| Q4 2024 | Jan 29, 2025 | $1.40 | $1.46 | +4.21% | $9.8B | SEC |
| Q3 2024 | Oct 23, 2024 | $1.30 | $1.33 | +2.15% | $9.2B | SEC |
| Q2 2024 | Jul 24, 2024 | $1.15 | $1.19 | +3.75% | $9.0B | SEC |
| Q1 2024 | Apr 24, 2024 | $1.06 | $0.87 | −18.15% | $8.6B | SEC |
| Q4 2023 | Jan 25, 2024 | $1.72 | $1.54 | −10.73% | $9.2B | SEC |
| Q3 2023 | Oct 20, 2023 | $1.43 | $1.53 | +7.03% | $8.2B | SEC |
| Q2 2023 | Jul 25, 2023 | $1.29 | $1.19 | −7.34% | $8.4B | SEC |
| Q1 2023 | Apr 24, 2023 | $1.20 | $1.39 | +15.75% | $8.2B | SEC |
| Q4 2022 | Jan 27, 2023 | $1.45 | $1.09 | −25.36% | $9.2B | SEC |
| Q3 2022 | Oct 26, 2022 | $1.21 | $1.12 | −8.05% | $7.8B | — |
| Q2 2022 | Jul 26, 2022 | $1.09 | $0.98 | −10.33% | $7.7B | — |
| Q1 2022 | Apr 25, 2022 | $1.27 | $1.08 | −15.20% | $7.6B | — |
| Q4 2021 | Jan 28, 2022 | $1.97 | $2.07 | +5.39% | $8.9B | — |
| Q3 2021 | Oct 13, 2021 | $1.71 | $2.03 | +18.85% | $8.0B | — |
Quarterly revenue
Frequently asked questions
When did Sap (SAP) last report earnings?
Sap last reported on Jul 28, 2026, covering fiscal Q2 2026.
Did SAP beat earnings estimates?
No. Sap reported EPS of $1.81 for Q2 2026 against a $2.01 estimate — a 10.15% miss.
How much revenue did SAP report last quarter?
Sap reported $11.2B in revenue for Q2 2026, against a consensus estimate of $11.3B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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