SAP Quarterly Statement Q4 2025
View original at finance.yahoo.comSAP Quarterly Statement Q4 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…
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Total operating expenses expected to grow at 80% to 90% of total revenue growth in 2027
80% confidenceSAP Business AI has become a main driver for growth as it was included in two thirds of Q4 cloud order entry
80% confidenceConstant currency total revenue growth expected to accelerate through 2027
80% confidence2026 non-IFRS operating profit expected to be €11.9-12.3 billion at constant currencies, up 14% to 18%
80% confidenceClosed 2025 on a high note, delivering strong operating profit and free cash flow ahead of expectations
80% confidenceSignificant Current Cloud Backlog growth in Q4 has laid a strong foundation for accelerating Total Revenue growth through 2027
80% confidence2026 cloud and software revenue expected to be €36.3-36.8 billion at constant currencies, up 12% to 13%
80% confidence2026 free cash flow expected to be approximately €10 billion at actual currencies
80% confidence2026 cloud revenue expected to be €25.8-26.2 billion at constant currencies, up 23% to 25%
80% confidenceStrategy and operational discipline will continue to drive long-term value creation
80% confidenceQ4 was a strong cloud quarter, with bookings resulting in 30% Total Cloud Backlog growth to a record 77 billion Euros
80% confidence
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