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SAP Q2 Cloud Business Sets New Record, Raises Revenue and Profitability, But Fails to Meet Analyst Expectations
ByAinvest
Wednesday, Jul 23, 2025 1:40 am ET1min read
SAP's Q2 cloud growth surged 28% w/o currency, driving a 35% YoY increase in operating income to €2.57bn. Free cash flow rose 83% to €2.36bn, exceeding analyst expectations. Despite strong results, SAP refrained from raising its FY22 guidance, citing geopolitical uncertainty and cautious customer behavior. SAP's shares fell 2% in after-hours trading.
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