SAP SE (SAP) stock

SAPNYSEServices-Prepackaged SoftwareFiscal year ends December 31Also trades as SAPGF

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Feb 26, 2026Score 12/30

$235.02+0.95 (+0.41%)

Close on Oct 30, 2026Market cap $288.72BP/E 34.4Yield 1.12%

Earnings

SAP's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

–

Not yet scheduled

Revenue, Q4 FY2024

€9.38B

+10.7% on a year earlier

Non-IFRS earnings per share (basic), Q4 FY2024

1.40 EUR

1.41 EUR a year earlier

Latest guidance

Raised

Jan 29, 2025 · 5 items

Quarterly results

Revenue and earnings per share from each of SAP's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q4 FY2024ended Dec 31, 2024	Jan 29, 2025before the open	€9.38B	+10.7%	1.36 EUR	1.40 EUR	Release
Q4 FY2023ended Dec 31, 2023	Jan 25, 2024before the open	€8.47B	–	1.01 EUR	1.41 EUR	Release
Q4 FY2022ended Dec 31, 2022	Jan 27, 2023before the open	–	–	–	–	Release
Q4 FY2021ended Dec 31, 2021	Apr 25, 2022before the open	–	–	–	–	Release
Q4 FY2020ended Dec 31, 2020	Apr 14, 2021before the open	–	–	–	–	Release
Q4 FY2019ended Dec 31, 2019	Apr 9, 2020before the open	–	–	–	–	Release
Q4 FY2015ended Dec 31, 2015	Apr 12, 2016before the open	–	–	–	–	Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

SAP's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
cloud revenue at constant currenciesnon-GAAP	FY2024	17 – 17.3	–	New	Jan 25, 2024
non-IFRS operating profit at constant currenciesnon-GAAP	FY2024	7.6 – 7.9	–	New	Jan 25, 2024
Free cash flownon-GAAP	FY2024	3.5	–	New	Jan 25, 2024
effective tax rate (non-IFRS)non-GAAP	FY2024	32%	–	New	Jan 25, 2024
Cloud revenue	FY2025	21.5	–	New	Jan 25, 2024
cloud revenue at constant currenciesnon-GAAP	FY2025	21.6 – 21.9	–	New	Jan 29, 2025
Non-IFRS cloud gross profitnon-GAAP	FY2025	16.2	–	New	Jan 25, 2024
non-IFRS operating profit at constant currenciesnon-GAAP	FY2025	10.3 – 10.6	10	Raised	Jan 29, 2025
free cash flow at actual currenciesnon-GAAP	FY2025	8	8	Reaffirmed	Jan 29, 2025
cloud and software revenue at constant currenciesnon-GAAP	FY2025	33.1 – 33.6	–	New	Jan 29, 2025
effective tax rate (non-IFRS)non-GAAP	FY2025	32%	–	New	Jan 29, 2025
share of more predictable revenue	FY2025	86%	–	New	Jan 25, 2024

Guidance history

Every forecast SAP put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Jan 29, 2025	free cash flow at actual currencies	FY2025	8	Reaffirmed
Jan 29, 2025	non-IFRS operating profit at constant currencies	FY2025	10.3 – 10.6	Raised
Jan 29, 2025	cloud and software revenue at constant currencies	FY2025	33.1 – 33.6	New
Jan 29, 2025	effective tax rate (non-IFRS)	FY2025	32%	New
Jan 29, 2025	cloud revenue at constant currencies	FY2025	21.6 – 21.9	New
Jan 25, 2024	Free cash flow	FY2025	8	New
Jan 25, 2024	Free cash flow	FY2024	3.5	New
Jan 25, 2024	Non-IFRS cloud gross profit	FY2025	16.2	New
Jan 25, 2024	non-IFRS operating profit at constant currencies	FY2024	7.6 – 7.9	New
Jan 25, 2024	Non-IFRS operating profit	FY2025	10	New
Jan 25, 2024	effective tax rate (non-IFRS)	FY2024	32%	New
Jan 25, 2024	share of more predictable revenue	FY2025	86%	New
Jan 25, 2024	Cloud revenue	FY2025	21.5	New
Jan 25, 2024	Total revenue	FY2025	37.5	Raised
Jan 25, 2024	cloud revenue at constant currencies	FY2024	17 – 17.3	New
Jan 25, 2024	cloud and software revenue at constant currencies	FY2024	29 – 29.5	Raised

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.