SAP Q2 2024 Earnings Report

SAP EPS Results

• Actual EPS: $1.10
• Consensus EPS: $1.01
• Beat/Miss: Beat by +$0.09
• One Year Ago EPS: $0.71

SAP Revenue Results

• Actual Revenue: $8.29 billion
• Expected Revenue: $8.25 billion
• Beat/Miss: Beat by +$35.00 million
• YoY Revenue Growth: +9.70%

SAP Announcement Details

• Quarter: Q2 2024
• Date: 7/22/2024
• Time: After Market Closes

SAP (NYSE:SAP), together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management. The company also provides SAP customer experience solutions; SAP Business Technology platform that enables customers and partners to build, integrate, and automate applications; and SAP Business Network, a business-to-business collaboration platform that helps digitalize key business processes across the supply chain and enables communication between trading partners. In addition, it offers SAP Signavio to help customers to discover, analyze, and understand their business process operations; SAP's industry cloud solutions that provides modular solutions addressing industry-specific functions; Taulia solutions for working capital management to help enable customers mitigate the effects of inflation by providing visibility into working capital and access to liquidity; and sustainability solutions and services. SAP SE was founded in 1972 and is headquartered in Walldorf, Germany.