October 22, 2025
Q3 2025 Financial Results
SAP SE published its financial results for the third quarter.
Current cloud backlog of €18.8 billion, up 23% and up 27% at constant currencies
Cloud revenue up 22% and up 27% at constant currencies
Cloud ERP Suite revenue up 26% and up 31% at constant currencies
Total revenue up 7% and up 11% at constant currencies
IFRS operating profit up 12%, non-IFRS operating profit up 14% and up 19% at constant currencies
SAP updates its 2025 cloud revenue, operating profit and free cash flow outlook
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Communicating or commenting on SAP's performance before official disclosure on January 29, 2026 is not allowed.
Upcoming and Recent Events
Bank of America EU Tech Field Trip
Virtual
Muhammad Alam, Member of the Executive Board, Product & Engineering participated in a virtual Fireside Chat.
Bernstein European Strategic Decision Conference
Paris, France
Sebastian Steinhaeuser, Chief Operating Officer and member of the Executive Board participated in a Fireside Chat.
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Statement
SAP Confirms EU Commission’s Formal Proceedings on On-Premise Maintenance Policies
September 25, 2025: SAP confirms that the European Commission has started formal proceedings involving the company.
November 14, 2025: SAP Reaffirms Commitment to Fair Competition Amid EU Review
Acquisition
SAP Completes Acquisition of SmartRecruiters
The SmartRecruiters platform, known for its intuitive user experience and seamless workflows, will now be integrated with the SAP SuccessFactors Human Capital Management (HCM) suite.
February 13, 2025
Product Launch: Business Data Cloud
On February 27, 2025, Mark Moerdler, Ph.D., Bernstein hosted a Fireside Chat with SAP COO, Sebastian Steinhäuser and Chief Product Officer Data & Analytics, Irfan Khan. They discussed business potential and SAP's future aspirations leveraging this new offering.
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