WALLDORF — The SAP SE today reported third quarter 2025 results.

At a glance

• Current Cloud Backlog increases by 23% to €18.8 billion or by 27% in constant currency.
• Cloud revenue increased 22% or 27% in constant currency.
• Cloud ERP Suite revenues increased 26% or 31% in constant currency.
• Sales revenues increase by 7% or by 11% after adjusting for currency effects.
• Operating profit increases by 12% according to IFRS, by 14% according to non-IFRS or by 19% after adjusting for currency effects.
• SAP updates cloud revenue, operating profit and free cash flow outlook for 2025.

Christian Klein, CEO:

“SAP delivered a great third quarter with strong cloud revenue growth of 27%. We are gaining market share as our customers increasingly choose solutions across the SAP Business Suite, including SAP Business Data Cloud and AI. We have a strong order pipeline in the fourth quarter that gives us confidence to achieve our goal of accelerated growth to achieve sales revenue in 2026.”

Dominik Asam, CFO:

“The strong result in the third quarter underlines the strength and flexibility of our business model. With disciplined implementation of our strategy and a clear focus on profitability and cash flow, we have continued our successful course despite an uncertain macroeconomic environment. As the raised outlook for operating profit and free cash flow shows, we are confident that we will keep our promises in the fourth quarter can.”

press
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

Investor relations
Alexandra Steiger, +49 6227 7-60437, alexandra.steiger@sap.com, CET