SAP has raised its 2025 total revenue outlook for continuing operations by around €4 billion ($4.40 billion), boosted by strong demand for its cloud business.
For 2025, SAP now expects revenue of more than €37.5 billion with cloud revenue of more than €21.5 billion. SAP now sees non-IFRS operating profit of around €11.5 billion.

For 2025, SAP now expects:
Cloud revenue of more than €21.5 billion
Total revenue of more than €37.5 billion
Non-IFRS cloud gross profit of approximately €16.3 billion
Non-IFRS operating profit of approximately €11.5 billion
A share of more predictable revenue of approximately 86 percent
Free cash flow of approximately €7.5 billion
“Our strong, resilient cloud growth drives accelerating total revenue and operating profit growth,” SAP Chief Executive Officer Christian Klein said in a news statement.
Last month, SAP reported first-quarter revenue above analysts’ expectations, backed by 24 percent growth in its cloud business revenue.

