WALLDORF -The SAP SE today reported fourth quarter and fiscal year 2025 results (January 1 – December 31).
At a glance
- SAP achieves revenue targets and exceeds guidance for operating profit (non-IFRS) and free cash flow for the full year 2025.
- Total Cloud Backlog increases by 22% or 30% in constant currencies.
- Current Cloud Backlog increases by 16% or 25% in constant currency.
- Cloud revenue increases 23% for the full year 2025, or 26% at constant currencies.
- Cloud ERP Suite revenue increases 28% for full-year 2025, or 32% on a constant currency basis.
- Sales revenue will increase by 8% in the full year 2025 or by 11% on a currency-adjusted basis.
- Operating profit for the full year 2025 increases by 111% according to IFRS, by 28% according to non-IFRS or by 31% after adjusting for currency effects.
- SAP announces new, two-year share buyback program with a volume of up to €10 billion.
Christian Klein, CEO:
“The fourth quarter was characterized by strong cloud business. Strong order intake increased the Total Cloud Backlog by 30% to a record level of €77 billion and with the significant growth of the Current Cloud Backlog in the fourth quarter, we have a solid basis to achieve accelerated revenue growth through 2027. SAP Business AI has become a key growth driver and is already included in two-thirds of our cloud contract wins in the fourth quarter. At the same time, we are seeing strong use of artificial intelligence throughout the ERP suite.”
Dominik Asam, CFO:
“We successfully completed 2025 with a strong operating result and free cash flow that exceeded our expectations. This result underlines the targeted implementation of our strategy and our cost discipline. One thing is also clear: our customers continue to trust in SAP as a reliable partner for their digital transformation. Our continued strong growth in the areas of SaaS and PaaS is well above the market and this is also reflected in the operating result and free cash flow. We are therefore confident that our strategy and cost discipline will continue to ensure long-term value creation.”
press
Marcus Winkler, +46 (6227) 7-67497, marcus.winkler@sap.com, CET
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET
Investor relations
Alexandra Steiger, +49 6227 7-60437, alexandra.steiger@sap.com, CET
