WALLDORF — The SAP SE today reported results for the first quarter of 2025 (January 1 – March 31).
- Current Cloud Backlog increases by 28% to €18.2 billion or by 29% in constant currency.
- Cloud revenue increased 27% or 26% at constant currencies.
- Cloud ERP Suite revenues increased 34% or 33% in constant currency.
- Sales revenues increase by 12% or by 11% after adjusting for currency effects.
- Operating profit (IFRS) of €2.3 billion; Operating profit (non-IFRS) increased by 60% to €2.5 billion or by 58% after adjusting for currency effects.
“The first quarter once again demonstrates that our winning formula is working. The Current Cloud Backlog grew by 29% in constant currency and revenue recorded a double-digit increase. With a share of more predictable revenue of 86%, SAP's business model remains resilient despite uncertain times. Our AI-powered portfolio enables companies in over 130 countries to overcome supply chain disruptions and benefit quickly and flexibly from improvements in efficiency.”
Christian Klein, spokesman for the board
“With the first quarter, we had a solid start to the year in an extremely volatile environment – with strong revenue growth and outstanding operating profit growth. These results are evidence of our cost discipline and the targeted implementation of our strategy. Although we are encouraged by this dynamic development, we always keep an eye on the broader environment and remain vigilant for the rest of the year in order to continue to secure both profits and cash flow. “
Dominik Asam, CFO
Press:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET
