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Computer Software: Prepackaged Software
BuybackMar 29, 2026, 08:59 PM

SAP Announces New €10 Billion Share Repurchase Program, Q4 Cloud Backlog Grows 30%

AI Summary

SAP reported strong Q4 2025 results, exceeding expectations for non-IFRS operating profit and free cash flow. The company announced a new two-year share repurchase program with a volume of up to €10 billion, signaling confidence in its financial position and commitment to returning value to shareholders. Total cloud backlog grew by 30% at constant currencies, indicating strong future revenue potential.

Key Highlights

  • SAP announces a new, two-year share repurchase program with a volume of up to €10 billion.
  • Total cloud backlog up 22% and up 30% at constant currencies.
  • Cloud revenue up 23% and up 26% at constant currencies in FY2025.
  • IFRS operating profit up 111%, non-IFRS operating profit up 28% and up 31% at constant currencies in FY2025.
SAP
Computer Software: Prepackaged Software
SAP SE

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