January 29, 2026

Q4 and FY 2025 Financial Results

SAP SE published its financial results for the fourth quarter and full year 2025.

  • SAP meets revenue and exceeds non-IFRS operating profit and free cash flow outlook for FY2025

  • Total cloud backlog up 22% and up 30% at constant currencies

  • Current cloud backlog up 16% and up 25% at constant currencies

  • Cloud revenue up 23% and up 26% at constant currencies in FY2025

  • Cloud ERP Suite revenue up 28% and up 32% at constant currencies in FY2025

  • Total revenue up 8% and up 11% at constant currencies in FY2025

  • IFRS operating profit up 111%, non-IFRS operating profit up 28% and up 31% at constant currencies in FY2025

  • SAP announces a new, two-year share repurchase program with a volume of up to €10 billion

Christian Klein, CEO and Dominik Asam, CFO at the Annual Press Conference on January 29, 2026
February 19, 2026
SAP proposes Dividend of €2.50 per Share

The Supervisory Board and Executive Board of SAP SE recommend that shareholders approve a dividend of €2.50 per share for fiscal year 2025.

Press Release
Upcoming and Recent Events

April 23, 2026 – 10:05 pm CEST

Q1 2026 Financial Results

Disclosure is scheduled for 10:05 pm CEST.
The teleconference for financial analysts and investors will start at 11:00 pm CEST.

MARCH 3, 2026
Morgan Stanley Technology, Media & Telecom Conference
San Francisco

Muhammad Alam, SAP Product & Engineering and member of the SAP 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.

Product Launch

Business Data Cloud

On February 27, 2025, Mark Moerdler, Ph.D., Bernstein hosted a Fireside Chat with SAP COO, Sebastian Steinhäuser and President & Chief Product Officer, Data & Analytics, Irfan Khan.

SAP Stock Intraday Performance
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