SAP SE Q3 2025 Financial Results and Outlook Update

SAP SE reported its financial results for the third quarter of 2025, showing strong growth in cloud revenue, which increased by 22% to €5.29 billion, and a 27% increase at constant currencies. The company's cloud ERP Suite revenue grew by 26% to €4.59 billion, and total revenue increased by 7% to €9.08 billion. SAP also updated its 2025 outlook, expecting cloud revenue towards the lower end of the range of €21.6 to €21.9 billion, non-IFRS operating profit towards the upper end of the range of €10.3 to €10.6 billion, and free cash flow of €8.0 to €8.2 billion. The company highlighted its continued market share gains and strong pipeline for Q4, expressing confidence in its accelerating total revenue growth ambition for 2026.