SAP cloud revenues rise on AI boost - with more to come, says CEO Christian Klein

A strong end to 2025 for SAP with total revenue of €36.80 billion, up 11% year-on-year, with net income of €7.492 billion. Total Q4 revenue grew nine percent to €9.68 billion euros with net income of €1.89 billion. Cloud business came in at €5.61 billion for Q4, up 26%, and €21.023 billion for the full year, up 23% year-on-year.

Fresh from last week’s World Economic Forum gathering in Davos, CEO Christian Klein talked up customer interest in AI as a driver for growth, noting that more than 2/3 of Q4 cloud order entry included business AI, up more than 20% on Q3:

What we see is actually in the cloud base, a healthy penetration of our AI, around about 60% of our customers are already using our AI actively, 20% are on the way to it.

He added:

More and more customers ...