SAP SE (NYSE: SAP) announced today its financial results for the fourth quarter and fiscal year ended December 31, 2024.
SAP meets or exceeds all financial outlook parameters for FY2024
Current cloud backlog of €18.1 billion, up 32% and up 29% at constant currencies
Total cloud backlog of €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%
SAP meets or exceeds all financial outlook parameters for FY2024
Current cloud backlog of €18.1 billion, up 32% and up 29% at constant currencies
Total cloud backlog of €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%
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