SAP Shares Hit Record High on Strong Quarterly Results and AI Transformation

Europe's largest software maker reports significant revenue and profit growth, driven by cloud services and restructuring efforts.

SAP's second-quarter operating profit adjusted for special items rose 33% to €1.94 billion, surpassing analyst estimates.
Total quarterly revenue increased by 10% to €8.29 billion, aided by robust demand for business planning software.
Cloud revenue saw a 25% jump to €4.15 billion, maintaining strong growth momentum.
The company announced an expansion of its restructuring program, affecting up to 10,000 positions, with a focus on AI skill retraining.
SAP raised its 2025 adjusted operating profit forecast to €10.2 billion, reflecting anticipated efficiency gains from ongoing transformation.