SAP Unveils Q3 2025 Financial Results
SAP SE has announced its financial performance for the third quarter of 2025, highlighting significant growth in various sectors. The company reported a current cloud backlog of €18.8 billion, reflecting an impressive increase of 23%, and a more robust 27% when adjusted for constant currencies. Cloud revenue experienced a remarkable growth of 22%, reaching an increase of 27% at constant currencies.
SAP Financial Highlights for Q3 2025
- Cloud ERP Suite revenue: Increased by 26% and 31% at constant currencies.
- Total revenue: Grew by 7%, or 11% when accounting for constant currencies.
- IFRS operating profit: Up by 12%.
- Non-IFRS operating profit: Increased by 14%, or 19% at constant currencies.
Outlook for the Future
CEO Christian Klein expressed optimism about the results, noting strong cloud revenue growth of 27%. He stated that SAP is gaining market share as customers increasingly adopt solutions, including Business Data Cloud and AI technologies. Klein shared confidence in the company’s pipeline for Q4.
CFO Dominik Asam echoed this sentiment, emphasizing the resilience of SAP’s business model in a challenging economic environment. He highlighted the company’s disciplined approach to execution and focus on profitability, ensuring a strong forward momentum. Asam also noted an improved outlook for operating profit and free cash flow.
SAP’s performance in Q3 lays a solid foundation for continued success as it navigates the complexities of the market and looks ahead to 2026.
