SAP recently reported its financial results for the first quarter of 2021, which ended on March 31st, 2021.

Revenue for the quarter was EUR 6.35 billion with a 3% drop, Operating Profit went down as well by 21% equaling EUR 960 million and Profit after Tax rose by 32% to EUR 1.07 billion.

By segments, Cloud and Software rose by 1% to EUR 5.43 billion and Services shrank 18% equaling EUR 919 million.

By regions, EMEA rose 2% totaling EUR 2.83 billion, Americas dropped by 9% to EUR 2.52 billion and APJ grew by 3% to EUR 992 million.