SAP cloud backlog hits record €77B with 30% growth Business AI powers 67% of Q4 deals. Free cash flow doubles to €8.24B as enterprise customers embrace integrated AI.

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https://www.adwaitx.com/sap-q4-2025-results-cloud-backlog/

SAP Q4 2025 Results: Cloud Backlog Hits Record €77 Billion

SAP Q4 2025 earnings reveal 30% cloud backlog growth to €77B. Business AI drives two-thirds of deals as free cash flow doubles to €8.2B. AdwaitX

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