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Cloud Backlog
Reflects the total value of future cloud service contracts, providing insight into anticipated revenue streams and the strength of customer demand for SAP's cloud offerings.Backlog accumulated steadily through 2025 on big cloud‑ERP wins and record bookings, giving multi‑year revenue visibility; the sharp quarter‑end decline in the latest datapoint therefore stands out and likely reflects either large year‑end contracts moving into revenue/recognition or a pullback in new order entry. Management admits CCB growth is moderating and that deal mix is more back‑end loaded, so investors should treat the drop as a liquidity/recognition signal to monitor—confirm with next quarter’s order entry and conversion rates before reading it as a demand problem.
Date | Cloud Backlog |
|---|---|
Jun 30, 2026 | €22.93B |
Mar 31, 2026 | €11.86B |
Dec 31, 2025 | €21.05B |
Sep 30, 2025 | €18.84B |
Jun 30, 2025 | €18.10B |
Mar 31, 2025 | €18.20B |
Dec 31, 2024 | €18.08B |
Sep 30, 2024 | €15.38B |
Jun 30, 2024 | €14.81B |
Mar 31, 2024 | €14.18B |