$1.08 billion

Cloud subscription revenue for SAP during the second quarter, which ended June 30. That represented a year-over-year growth of 29 percent. Despite a 10-percent overall sales growth, SAP's operating profit plunged 27 percent to $1.06 billion. The decline was due to costs associated with a restructuring of SAP's services organization and higher share compensation expenses, CFO Luka Mucic said on an earnings call with financial analysts.