- 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
- SAP 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 SAP is reflected in our accelerating cloud momentum. With a recurring revenue share of more than 80%, it’s clear that our transformation has reached an important inflection point, paving the way for continued growth in the future.”
Christian Klein, CEO – SAP
