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

Upcoming and Recent Events
Muhammad Alam
DECEMBER 3, 2025
Bank of America EU Tech Field Trip
Virtual

Muhammad Alam, Member of the Executive Board, Product & Engineering participated in a virtual Fireside Chat.

Sebastian Steinhäuser
DECEMBER 3, 2025
Bernstein European Strategic Decision Conference
Paris, France

Sebastian Steinhaeuser, Chief Operating Officer and member of the Executive Board participated in a Fireside Chat.

Latest Financial Documents

October 22, 2025

Q3 Financial Results
Newsfeed

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.

SAP Stock Intraday Performance
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