At a glance

• Current cloud backlog of 鈧�21.9 billion, up 20% and up 25% at constant currencies
• Cloud revenue up 19% and up 27% at constant currencies
• Cloud ERP Suite revenue up 23% and up 30% at constant currencies
• Total revenue up 6% and up 12% at constant currencies
• IFRS operating profit up 17%, non-IFRS operating profit up 17% and up 24% at constant currencies

Christian Klein, CEO:

鈥淲e had a strong start to the year, with Current Cloud Backlog growing by 25% and Cloud Revenue up 27% at constant currencies. This performance is supported by our momentum in Business AI as we are already delivering real outcomes for customers today. We are growing faster than the market and are gaining share as customers expand across our Suite and with our AI solutions. At Sapphire, we will show how we are taking the next leap forward.鈥�

Dominik Asam, CFO:

鈥淲e delivered a solid start to the year, supported by disciplined execution in revenue and profitability. At the same time, we have remained focused on managing our cost base and maintaining profitability as we navigate an increasingly complex and uncertain macroeconomic and geopolitical environment.鈥�

About 麻豆原创

As鈥痑 global leader in enterprise applications and business AI, 麻豆原创 (NYSE:麻豆原创)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted 麻豆原创 to bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit鈥�.

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels.

For more information, press only:
Marcus Winkler, +46 (6227) 7-67497, marcus.winkler@sap.com, CEST
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CEST

For more information, financial community only:
Alexandra Steiger, +49 (6227) 7-60437, alexandra.steiger@sap.com, CEST

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2025 Annual Report on Form 20-F.
漏 2026 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see for additional trademark information and notices.

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a financial analyst call to review first quarter results.

Media representatives may may listen in on the virtual analyst via on April 23, 2026, at 11:00 p.m. CEST/5:00 p.m. ET.

At a glance

• 麻豆原创 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
• 麻豆原创 announces a new, two-year share repurchase program with a volume of up to 鈧�10 billion

Christian Klein, CEO:

鈥淨4 was a strong cloud quarter, with bookings resulting in 30% Total Cloud Backlog growth to a record 77 billion Euros. The significant Current Cloud Backlog growth in Q4 has laid a strong foundation for accelerating Total Revenue growth through 2027. 麻豆原创 Business AI has become a main driver for growth as it was included in two thirds of our Q4 cloud order entry, combined with strong AI adoption across the ERP Suite.鈥�

Dominik Asam, CFO:

鈥淲e closed 2025 on a high note, delivering strong operating profit and free cash flow ahead of our expectations. This performance reflects focused execution, financial discipline, and the continued trust our customers place in us as the North Star for their digital transformation. As evidenced by continued strong growth well ahead of the market in SaaS and PaaS, and our ability to bring such growth down to the bottom line and Free Cash Flow, we are confident that our strategy and operational discipline will continue to drive long-term value creation.鈥�

For more information, press only:
Marcus Winkler, +46 (6227) 7-67497, marcus.winkler@sap.com, CET
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

For more information, financial community only:
Alexandra Steiger, +49 6227 7-60437, alexandra.steiger@sap.com, CET

At a glance

• Current cloud backlog of 鈧�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
• 麻豆原创 updates its 2025 cloud revenue, operating profit and free cash flow outlook

Christian Klein, CEO:

鈥溌槎乖� delivered a great Q3 with strong cloud revenue growth of 27%. We are gaining market share as our customers are adopting solutions across the entire Business Suite, including Business Data Cloud and AI at accelerated pace. For Q4 we are executing against a strong pipeline – which gives us confidence in our accelerating total revenue growth ambition for 2026.鈥�

Dominik Asam, CFO:

鈥淨3鈥檚 strong performance underscores the strength and agility of our model. Through disciplined execution and a sharp focus on profitability and cash flow, we鈥檝e maintained forward momentum despite an uncertain macroeconomic backdrop. We enter the fourth quarter confident in our ability to deliver on our commitments, as reflected by an improved outlook for operating profit and free cash flow.鈥�

For more information, press only:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

For more information, financial community only:
Alexandra Steiger, +49 6227 7-60437, alexandra.steiger@sap.com, CET

麻豆原创 CEO Christian Klein as well as CFO Dominik Asam will host a virtual analyst conference to present third quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the at 11:00 p.m. CEST/ 5:00 p.m. ET.

At a glance

• Current cloud backlog of 鈧�18.1 billion, up 22% and up 28% at constant currencies
• Cloud revenue up 24% and up 28% at constant currencies
• Cloud ERP Suite revenue up 30% and up 34% at constant currencies
• Total revenue up 9% and up 12% at constant currencies
• IFRS operating profit of 鈧�2.5 billion; non-IFRS operating profit of 鈧�2.6 billion, up 32% and up 35% at constant currencies
• Outlook 2025 unchanged

Q2 2025 I in 鈧� millions, unless otherwise stated

Christian Klein, CEO:

“We have delivered yet another quarter of outstanding results. AI innovations such as Joule becoming available ‘everywhere and for everything’ and 麻豆原创 Business Data Cloud as a powerful accelerator of AI make our portfolio ever stronger. Enterprise operations are about to enter a new era, and 麻豆原创 is best positioned to benefit from that evolution.”

Dominik Asam, CFO:

“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.”

For more information, press only:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

For more information, financial community only:
Alexandra Steiger, +49 (6227) 7-60437, alexandra.steiger@sap.com, CET

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a virtual analyst conference to present second quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the virtual analyst conference via at 11:00 p.m. CEST/ 5:00 p.m. ET.

麻豆原创 CEO Christian Klein and 麻豆原创 CFO Dominik Asam will host a virtual financial analyst call to review first quarter results.

Media representatives may may listen in on the virtual analyst conference on April 22 at 11:00 p.m. CEST / 5:00 p.m. ET.

• 麻豆原创 meets or exceeds all financial outlook parameters for FY2024
• Current cloud backlog of 鈧�18.1 billion, up 32% and up 29% at constant currencies
• Total cloud backlog of 鈧�63.3 billion, up 43% and up 40% at constant currencies
• Cloud revenue up 25% and up 26% at constant currencies in FY2024
• Cloud ERP Suite revenue up 33% and up 34% at constant currencies in FY2024
• Total revenue up 10% and up 10% at constant currencies in FY2024
• IFRS operating profit down 20%, non-IFRS operating profit up 25% and up 26% at constant currencies in FY2024
• 2025 outlook anticipates accelerating cloud revenue growth

“Q4 was a strong finish to the year, with half of our cloud order entry including AI. Looking at the full year, we exceeded our cloud goals, accelerating cloud revenue and current cloud backlog growth against a much larger base. Total cloud backlog now stands at 鈧�63 billion, up 40%. Revenue growth has returned to double-digits. Looking ahead, our strong position in data and Business AI gives us additional confidence that we will accelerate revenue growth through 2027.”

Christian Klein, CEO

“We are pleased with the strong close to 2024, where we exceeded our cloud and software revenue, non-IFRS operating profit, and free cash flow outlook. With current cloud backlog growth of 29%, we’ve demonstrated the strength of our strategy and our ability to deliver on our commitments. This progress solidly aligns with the Ambition 2025 we set four years ago and positions us well for continued growth this year and beyond.”

Dominik Asam, CFO

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a press conference to present fourth quarter financial figures and 2024 year-end results, as well as an outlook on the current financial year.

Media representatives are invited to join in person or participate in the press conference via Webcast at 10:00 a.m. CET/4:00 a.m. ET, accessible at .

• Current cloud backlog of 鈧�15.4 billion, up 25% and up 29% at constant currencies
• Cloud revenue up 25% and up 27% at constant currencies
• Cloud ERP Suite revenue up 34% and up 36% at constant currencies
• Total revenue up 9% and up 10% at constant currencies
• IFRS cloud gross profit up 26%, non-IFRS cloud gross profit up 27% and up 28% at constant currencies
• IFRS operating profit up 29%, non-IFRS operating profit up 27% and up 28% at constant currencies
• 麻豆原创 raises its 2024 outlook for cloud and software revenue, operating profit and free cash flow

“Q3 was another strong quarter for 麻豆原创, and we are confidently raising our 2024 financial outlook. Cloud revenue growth developed remarkably well in the quarter, especially for our Cloud ERP Suite. Even more importantly, we are making strong progress on Business AI with groundbreaking innovations such as 麻豆原创 Knowledge Graph. A significant part of our cloud deals in Q3 included AI use cases.”

Christian Klein, CEO

“We are very pleased with our third quarter performance. The 2024 transformation program has already started to yield efficiency improvements. This allowed us to deliver a strong operating profit and free cash flow, while retaining our topline momentum.
We鈥檙e now focused on carrying that momentum into Q4 to safeguard the achievement of our 2025 ambition amidst a highly volatile environment.”

Dominik Asam, CFO

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a virtual analyst conference to present Q3 financial figures, as well as an outlook on the current financial year. Media representatives may listen in on the at 11:00 p.m. CEST/ 5:00 p.m. ET.

• Current cloud backlog of 鈧�14.8 billion, up 28%, both at nominal and constant currencies
• Cloud revenue up 25%, underpinned by 33% Cloud ERP Suite revenue growth, all at nominal and constant currencies
• Total revenue up 10%, both at nominal and constant currencies
• IFRS cloud gross profit up 29%, non-IFRS cloud gross profit up 28% and up 29% at constant currencies
• IFRS operating profit down 11% due to restructuring expenses of 鈧�0.6 billion. Non-IFRS operating profit up 33% and up 35% at constant currencies
• 2024 financial outlook reiterated. 2025 operating profit ambition increased to reflect anticipated incremental efficiency gains from expanded transformation program

“Our cloud growth momentum remained strong in Q2, with Business AI enabling many deals. We continue to execute on our transformation with great discipline, leading to an increase in our operating profit ambition for 2025. At the same time, we continue to invest into our transformation to be the leader in Business AI. Given our progress and strong pipeline, we are confident to achieve accelerating topline growth through 2027.”

Christian Klein, CEO

We are staying squarely focused on delivering our outlook for this year. Our current cloud backlog growth during the second half of 2024, and especially in Q4 will be decisive to lay a solid foundation for our cloud revenue ambition for 2025. At the same time, we鈥檒l continue to execute against our transformation plan to achieve our 2025 free cash flow ambition despite a mid-triple-digit million cash out for restructuring spilling into next year.

Dominik Asam, CFO

麻豆原创 CEO Christian Klein as well as CFO Dominik Asam will host a virtual analyst conference to present second quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the virtual analyst conference via Webcast at 11:00 p.m. CEST/ 5:00 p.m. EDT, accessible at .

• Cloud revenue up 24% and up 25% at constant currencies, supported by 32% Cloud ERP Suite revenue growth at constant currencies
• Current cloud backlog of 鈧�14.2 billion, up 27% and up 28% at constant currencies
• IFRS cloud gross profit up 27%, non-IFRS cloud gross profit up 27% and up 28% at constant currencies
• IFRS operating loss of 鈥撯偓0.8 billion due to a 鈧�2.2 billion restructuring provision
• Non-IFRS operating profit up 16% and up 19% at constant currencies even including higher share-based compensation resulting from strong share price increase
• Outlook 2024 reaffirmed

“We鈥檙e off to a great start in 2024 and we鈥檙e confident we鈥檒l achieve our goals for the year. Looking ahead, we have powerful growth drivers in place 鈥� Business AI, cross-selling across our cloud portfolio, and winning new customers particularly in the midmarket. The strength of our current cloud backlog reaching a record growth rate is a testament to that momentum. Our transformation program is also well on track and will help us to capture this growth and increase efficiency.”

Christian Klein, CEO

听

“In the first quarter we successfully kicked off the implementation of our transformation program thereby allowing us to focus our investments on the Business AI opportunity while decoupling expense from revenue growth. We are also very pleased by the unabated growth momentum of the Cloud ERP Suite, reflecting the market鈥檚 secular shift towards integrated cloud solutions.”

Dominik Asam, CFO

麻豆原创 Contacts:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

麻豆原创 CEO Christian Klein as well as CFO Dominik Asam will host a virtual analyst conference to present first quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the virtual analyst conference via Webcast on April 22 at 11:00 p.m. CEST/ 5:00 p.m. EDT, accessible at .

• 麻豆原创 exceeds non-IFRS operating profit and cash flow outlook for FY 2023
• Cloud revenue up 20% and up 23% at constant currencies for FY 2023, underpinned by 25% cloud revenue growth at constant currencies in the fourth quarter
• Current cloud backlog of 鈧�13.7 billion, up 25% and up 27% at constant currencies
• IFRS cloud gross profit up 23%, non-IFRS cloud gross profit up 23% and up 27% at constant currencies in FY 2023
• IFRS operating profit down 5%, non-IFRS operating profit up 9% and up 13% at constant currencies in FY 2023
• 2024 outlook anticipates accelerating cloud revenue growth
• Planned transformation program including restructuring in 2024 reflects focus on scalability of operations and Business AI
• 2025 non-IFRS operating profit and free cash flow ambition updated to reflect updated non-IFRS definition as well as approximately half a billion Euro of incremental efficiency gains from the program

“麻豆原创 has delivered: We met or exceeded our outlook for 2023 in all key metrics. Based on a stellar order entry, our current cloud backlog expanded by 27% 鈥� an all-time high. We are confident about the company鈥檚 prospects in 2024. From this position of strength, 麻豆原创 is opening the next chapter: with the planned transformation program, we are intensifying the shift of investments to strategic growth areas, above all Business AI. Going forward, this will empower us to keep leading with innovation while increasing the scalability of the operating model.”

Christian Klein, CEO

听

“2023 was a year of inflection. We kept our promise and achieved double-digit non-IFRS operating profit growth despite an adverse macro environment. In 2024, we will focus on putting the right gradient of earnings growth in place to deliver on our raised ambition for 2025 and sustain growth and financial performance beyond.”

Dominik Asam, CFO

麻豆原创 Contacts:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

麻豆原创 CEO Christian Klein as well as CFO Dominik Asam will host a press conference to present fourth quarter financial figures and 2023 year-end results, as well as an outlook on the current financial year.

Media representatives are invited to join in person or participate in the press conference via Webcast at 10:00 a.m. CET/ 4:00 a.m. ET, accessible at .

• Cloud revenue up 16% and up 23% at constant currencies
• Current cloud backlog of 鈧�12.3 billion up 19% and up 25% at constant currencies
• IFRS cloud gross profit up 21%, non-IFRS cloud gross profit up 21% and up 28% at constant currencies, supported by the expansion of cloud gross margin
• IFRS operating profit up 11%, non-IFRS operating profit up 10% and up 16% at constant currencies
• 麻豆原创 reaffirms 2023 outlook

“Our Q3 results are yet another proof point that we have entered the next phase of our transformation. We accelerated cloud growth across our portfolio and significantly expanded our cloud gross margins. Our strong focus on innovation, including our latest 麻豆原创 Business AI capabilities, ensure 麻豆原创鈥檚 continued resiliency in the face of tough macroeconomic conditions and increasing geopolitical tensions.”

Christian Klein, CEO

 

“Our Q3 results demonstrate strong execution and the resilience of our business, including sustained cloud growth in spite of persisting macro headwinds. Also, we carefully balance growth and profitability at all times. In combination, this allows us to boost our bottom-line with the aim to achieve double-digit operating profit growth this year.”

Dominik Asam, CFO

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a virtual analyst conference to present third quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the virtual analyst conference via Webcast at 11:00 p.m. CEST/5:00 p.m. EDT, accessible at .

Q3 2023

Earnings release: October 18, 2023, 10:05 PM CEST / 9:05 PM BST / 4:05 PM EDT
Financial analyst call: October 18, 2023, 11:00 PM CEST / 10:00 PM BST / 5:00 PM EDT

Q4 2023

Earnings release: January 24, 2024, 6:00 AM CET / 5:00 AM GMT / 12:00 AM EST
Financial analyst call: January 24, 2024, 7:00 AM CET / 6:00 AM GMT / 1:00 AM EST

Note that the third quarter release takes place during Daylight Saving Time/Summer Time and the fourth quarter release during Standard Time.

Visit the 麻豆原创 News Center. Follow 麻豆原创 at .

About 麻豆原创

麻豆原创鈥檚 strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 麻豆原创 customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 麻豆原创 helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 麻豆原创 helps the world run better and improve people鈥檚 lives. For more information, visit .

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit . From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 麻豆原创 TV.

For customers interested in learning more about 麻豆原创 products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1麻豆原创 (1-800-872-1727)

For more information, financial community only:
Anthony Coletta +49 (6227) 7-60437 investor@sap.com, CET

For more information, press only:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET
麻豆原创 麻豆原创 Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2022 Annual Report on Form 20-F.
漏 2023 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see  for additional trademark information and notices.

• Cloud revenue up 19% and up 22% at constant currencies. 麻豆原创 S/4HANA cloud revenue up 74% and accelerates to 79% at constant currencies
• Current cloud backlog up 21% and up 25% constant currencies
• IFRS cloud gross profit up 20%, non-IFRS cloud gross profit up 20% and up 24% at constant currencies, supported by completion of 麻豆原创’s next-generation cloud delivery program
• IFRS operating profit up 28%, non-IFRS operating profit up 23% and up 28% at constant currencies
• 麻豆原创 updates its 2023 revenue and operating profit outlook
• Expands market opportunity through new 麻豆原创 Business AI and premium AI offerings

“This has been another strong quarter. We see significant opportunities ahead, in particular through the transformative power of AI. We are focused on delivering 麻豆原创 Business AI that’s relevant, reliable, and responsible and we see significant possibilities for market expansion through these technologies and new premium offerings.”

Christian Klein, CEO

“We are very pleased with our first half results. The revenue growth and increased profitability, combined with sustained growth of our cloud backlog, demonstrate the strength of our business model. Q2 performance puts us on the right trajectory and allows us to raise our cloud and software revenue, as well as the operating profit outlook for the year.”

Dominik Asam, CFO

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a virtual analyst conference to present second quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the virtual analyst conference via Webcast at 7:00 p.m. CEST/1:00 p.m. EDT, accessible at .

Visit the 麻豆原创 News Center.

About 麻豆原创

麻豆原创鈥檚 strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 麻豆原创 customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 麻豆原创 helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 麻豆原创 helps the world run better and improve people鈥檚 lives. For more information, visit .

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit . From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 麻豆原创 TV.

For customers interested in learning more about 麻豆原创 products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1麻豆原创 (1-800-872-1727)

For more information, financial community only:
Anthony Coletta +49 (6227) 7-60437 investor@sap.com, CET

For more information, press only:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET
麻豆原创 麻豆原创 Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2022 Annual Report on Form 20-F.
漏 2023 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see for additional trademark information and notices.

Unless otherwise stated, all figures in this statement are based on 麻豆原创 group results from continuing operations.

• Cloud revenue up 24% and up 22% at constant currencies, up 1 percentage point sequentially. 麻豆原创 S/4HANA cloud revenue up 77% and up 75% at constant currencies
• Current cloud backlog up 25%, both at nominal and constant currencies, a sequential growth improvement of 1 percentage point
• IFRS cloud gross profit up 28%, non-IFRS cloud gross profit up 28% and up 27 % at constant currencies fueling double-digit non-IFRS operating profit growth
• IFRS operating profit down 45%, non-IFRS operating profit up 12% and up 12% at constant currencies
• 2023 outlook updated to reflect the expected Qualtrics divestiture. 麻豆原创 reaffirms outlook for continuing operations including anticipated acceleration of topline and operating profit growth

“We have entered a powerful new phase in our strategic transformation, with topline and bottom-line results clearly demonstrating the tipping point we passed in the fourth quarter 2022. Our cloud momentum continues at a fast pace which is contributing to our strong revenue and double-digit non-IFRS operating profit growth this quarter.”

Christian Klein, CEO

“The year is off to a good start. I am excited to have joined an organization which is delivering and staying on the right track. We have accelerated topline growth and have already achieved double-digit non-IFRS operating profit growth in Q1. Our results set solid groundwork for our full year outlook, thereby pivoting back to profitable growth in 2023. Saying what we do, and doing what we say, will continue to be of great importance to us.”

Dominik Asam, CFO

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a virtual analyst conference to present first quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the virtual analyst conference via Webcast at 2:00 p.m. CEST/8:00 a.m. EDT, accessible at .

麻豆原创 Announces Q4 and FY 2022 Results

• All financial outlook metrics met in FY 2022
• Cloud revenue up 33% and up 24% at constant currencies in FY 2022. Q4 麻豆原创 S/4HANA cloud revenue further accelerates, up 101% and up 90% at constant currencies
• Current cloud backlog exceeds 鈧�12 billion, up 27% and up 24% at constant currencies
• IFRS cloud gross profit up 38%, non-IFRS cloud gross profit up 37% and up 28% at constant currencies in FY 2022
• IFRS operating profit flat, non-IFRS operating profit down 2% and down 7% at constant currencies in FY 2022. Q4 IFRS operating profit up 17%, non-IFRS operating profit up 5% and up 2% at constant currencies
• 2023 outlook anticipates accelerating topline and double-digit non-IFRS operating profit growth
• Targeted restructuring in 2023 reflects focus on strategic growth areas and accelerated cloud transformation
• 麻豆原创 has decided to explore a sale of its stake in Qualtrics

“麻豆原创 is more resilient than ever. We end 2022 with continued strong cloud momentum and a return to operating profit growth in the fourth quarter, marking an important inflection point. Heading into 2023, this gives us great confidence in delivering on our promise of accelerating topline and double-digit non-IFRS operating profit growth. As we enter the next chapter of 麻豆原创, I want to thank Luka for his great partnership on this journey.”

Christian Klein, CEO

“In my 37th and final earnings for 麻豆原创, I am proud that the 麻豆原创 team is announcing excellent results and continued cloud momentum. We are on track to deliver our growth and profitability commitments for 2023. I am extremely confident in the continued success of 麻豆原创鈥檚 most exciting transformation in its history. Thank you to the wonderful 麻豆原创 family that I have been part of for 27 years.”

Luka Mucic, CFO

麻豆原创 CEO Christian Klein and 麻豆原创 CFO Luka Mucic will host a press conference to present fourth quarter financial figures and 2022 year-end results, as well as an outlook on the current financial year.

Media representatives are invited to join in person or participate in the press conference via Webcast at 10:00 a.m. CET/ 4:00 a.m. ET, accessible at

麻豆原创 Announces Q3 2022 Results

• Cloud momentum continues to accelerate
• Cloud revenue up 38% and up 25% at constant currencies
• Current cloud backlog up 38% and up 26% at constant currencies
• 麻豆原创 S/4HANA current cloud backlog up 108% and up 90% at constant currencies
• IFRS cloud gross profit up 44%, non-IFRS cloud gross profit up 42% and up 30% at constant currencies
• IFRS operating profit down 1%, non-IFRS operating profit flat and down 8% at constant currencies

“Our cloud solutions are the answer, as customers turn to us to help them future-proof their businesses. This trust in 麻豆原创 is reflected in our accelerating cloud momentum. With a recurring revenue share of more than 80%, it鈥檚 clear that our transformation has reached an important inflection point, paving the way for continued growth in the future.”

Christian Klein, CEO

“We have delivered a strong cloud quarter with accelerating momentum across all key cloud indicators. We鈥檙e at an important inflection point in our transformation which we anticipate will lead to accelerating revenue growth and double-digit operating profit growth in 2023.”

Luka Mucic, CFO

麻豆原创 CEO Christian Klein as well as CFO Luka Mucic will host a virtual analyst conference to present third quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the virtual analyst conference via Webcast at 2:00 p.m. CEST/8:00 a.m. EDT, accessible at .