SAP SE filings document the disclosures of a German Societas Europaea and foreign private issuer that furnishes current reports under Form 6-K. Recent reports include quarterly statements, half-year reporting, and the Integrated Report, with financial presentation under IFRS and supplemental non-IFRS measures tied to revenue, operating income, cash flows, cloud revenue, cloud backlog, and Cloud ERP Suite performance.
The filing record also covers annual general meeting materials, shareholder voting results, profit appropriation proposals, governance matters, and capital actions such as share repurchase authorization. SAP's integrated reporting combines annual financial, environmental, social, and governance performance, while meeting materials document shareholder agenda items, voting mechanics, and formal approvals under the company's European and German corporate framework.
SAP SE reported the results of its 2026 virtual Annual General Meeting, where shareholders approved all proposals put to a vote. Key items included appropriating retained earnings for fiscal 2025, formally approving the acts of the Executive and Supervisory Boards, and appointing auditors for the 2026 financial statements and sustainability reporting.
Shareholders also approved the 2025 compensation report and renewed authorization for the Executive Board to issue convertible and warrant-linked instruments with related contingent capital changes. Elections and re-elections to the Supervisory Board passed, and an amendment enabling the issuance of electronic shares was accepted with very high support.
SAP SE reported a strong Q1 2026, driven by cloud growth and higher profitability. Total revenue reached €9,555 million, up 6% year over year. Cloud revenue grew to €5,962 million, up 19% (27% at constant currencies), while current cloud backlog rose to €21,932 million, up 20% (25% at constant currencies).
IFRS operating profit increased 17% to €2,741 million, with the operating margin improving to 28.7%. Basic IFRS earnings per share rose 9% to €1.66, and non-IFRS EPS increased 20% to €1.72. Free cash flow was €3,248 million, down 9%, mainly reflecting a €408 million cash payout for the Teradata litigation settlement. SAP also advanced a share repurchase program of up to €10 billion, buying back 16,280,097 shares for about €2.6 billion at an average price of €161.16.
SAP SE has called a virtual Annual General Meeting for May 5, 2026, where shareholders will vote on profit distribution, capital measures, and governance items. The Board proposes appropriating 2025 retained earnings of €12,727,332,174.77, including a dividend of €2.50 per share, totaling €2,918,897,620.00, plus a transfer of €3,950,000,000.00 to reserves and carrying forward €5,858,434,554.77. Shareholders will also vote on approving the 2025 compensation report, renewing authorization to issue convertible and/or warrant-linked bonds and similar instruments of up to €10 billion with related contingent capital of up to €100 million, and amending the Articles to enable electronic shares. Additional items include formal approval of Executive and Supervisory Board acts for 2025 and elections to the Supervisory Board, with a planned transition of the chairperson role by 2027.
SAP SE furnished its Integrated Report 2025, showing a year of strong growth led by cloud and AI-driven solutions. Total revenue grew by 11% at constant currencies, while Operating Profit rose 31% on a non-IFRS, constant-currency basis, reflecting efficiency gains and internal AI adoption. Total Cloud Backlog increased 30% at constant currencies to €77 billion, and Free Cash Flow reached €8.2 billion, nearly doubling year-on-year.
The CEO highlights Business AI and SAP Business Data Cloud as core to customer demand and SAP’s strategy. Despite these results, the share price declined about 13% in 2025, even as the DAX and NASDAQ‑100 gained over 20%. Management proposes raising the dividend by 6.4% to €2.50 per share and launching a new €10 billion share buyback over two years, underscoring its focus on shareholder returns. For 2026, SAP expects robust Cloud Revenue between €25.8 billion and €26.2 billion and anticipates accelerating total revenue growth through 2027.
BDO issued unqualified audit opinions on the 2025 consolidated financial statements, internal control over financial reporting, and provided assurance on the Group Sustainability Statement prepared under European Sustainability Reporting Standards.
SAP SE filed its 2025 annual report, showing higher scale and profitability driven by cloud growth and disciplined cost management. IFRS total revenue rose to €36.8 billion, with cloud revenue increasing to €21.0 billion, now the largest revenue stream.
IFRS operating profit grew to €9.6 billion and profit after tax from continuing operations reached €7.3 billion, both up strongly from 2024. Free cash flow increased to €8.2 billion, reflecting robust cash generation after investments and lease payments.
SAP continues to manage the business primarily on non-IFRS metrics, adjusting for acquisition-related, restructuring, and certain legal and compliance items, and emphasizes cloud-centric measures like current and total cloud backlog. The Executive and Supervisory Boards plan to propose a €2.50 per-share dividend for 2025, up from €2.35.
SAP SE filed its 2025 annual report, showing higher scale and profitability driven by cloud growth and disciplined cost management. IFRS total revenue rose to €36.8 billion, with cloud revenue increasing to €21.0 billion, now the largest revenue stream.
IFRS operating profit grew to €9.6 billion and profit after tax from continuing operations reached €7.3 billion, both up strongly from 2024. Free cash flow increased to €8.2 billion, reflecting robust cash generation after investments and lease payments.
SAP continues to manage the business primarily on non-IFRS metrics, adjusting for acquisition-related, restructuring, and certain legal and compliance items, and emphasizes cloud-centric measures like current and total cloud backlog. The Executive and Supervisory Boards plan to propose a €2.50 per-share dividend for 2025, up from €2.35.
SAP SE reported strong fourth-quarter and full-year 2025 results driven by cloud growth. In Q4 2025, cloud revenue rose 19% to €5.61 billion and operating profit increased 27% to €2.55 billion, with basic EPS up 15% to €1.58.
For 2025, cloud revenue grew 23% to €21.02 billion and total revenue rose 8% to €36.80 billion. IFRS operating profit more than doubled to €9.83 billion and basic EPS increased 135% to €6.28, supported by higher margins and much lower restructuring costs. Free cash flow nearly doubled to €8.24 billion and net liquidity reached €3.38 billion.
SAP’s share of more predictable revenue increased to 86%, while software license revenue declined as the business shifted to cloud. Non-financially, customer NPS slipped, but employee engagement, culture scores, and carbon emissions improved. The company authorized a new share repurchase program of up to €10 billion through 2027 and recorded a €174 million provision related to its offer to settle the Teradata litigation ahead of a jury trial scheduled for March–April 2026.
SAP SE submitted a Form 6-K to provide investors with its Quarterly Statement for the third quarter ended September 30, 2025, which it filed with Deutsche Boerse AG on October 24, 2025. The Quarterly Statement, dated October 22, 2025 and attached as Exhibit 99.1, contains SAP’s latest quarterly financial information.
The company notes that the statement includes certain non-IFRS financial measures, which are presented in addition to, and not as replacements for, IFRS-based figures such as revenue and operating income. SAP directs readers to its online explanations of non-IFRS measures for further detail. The filing also includes standard forward-looking statement language, highlighting that future results may differ from expectations and referring readers to SAP’s most recent Form 20-F for a fuller discussion of risks.