SAP SE reported its financial results for the second quarter and half-year of 2025. The company highlighted a current cloud backlog of €18.1 billion, marking an increase of 22% or 28% at constant currencies. Cloud revenue rose by 24%, with an increase to 28% at constant currencies, while the Cloud ERP Suite revenue saw a growth of 30%, reaching up to 34% at constant currencies. Total revenue increased by 9%, with a rise to 12% at constant currencies.
The IFRS operating profit was reported at €2.5 billion, while the non-IFRS operating profit reached €2.6 billion, showing an increase of 32% and up to 35% at constant currencies. The outlook for the year remains unchanged.
Christian Klein, CEO of SAP SE, stated: “We have delivered yet another quarter of outstanding results. AI innovations such as Joule becoming available ‘everywhere and for everything’ and SAP Business Data Cloud as a powerful accelerator of AI make our portfolio ever stronger. Enterprise operations are about to enter a new era, and SAP is best positioned to benefit from that evolution.”
Dominik Asam, CFO of SAP SE, commented: “We achieved a very good Q2, with accelerating total revenue growth, strong profitability and free cash flow. Our performance was supported by continued customer demand and disciplined cost control. As we move into the second half, we remain cautiously optimistic, keeping a close eye on geopolitical developments and public sector trends.”
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