SAP SE reported a robust first quarter for 2025, with total revenue reaching €9.01 billion, slightly below the expected €9.08 billion. The company's cloud revenue grew by 27% to €4.99 billion, although it fell short of the anticipated €5.05 billion. SAP's earnings per share were €1.52, surpassing the estimates. The cloud and software revenue was €7.94 billion, also slightly under the forecast of €7.98 billion. SAP's operating profit for the quarter was €2.46 billion, beating market expectations. Additionally, the Cloud ERP Suite revenue increased by 34% to €4.25 billion, and the current cloud backlog rose to €18.2 billion, up 29% from the previous year. Despite the slight shortfall in cloud revenue, SAP's first-quarter profit exceeded analysts' estimates. The company maintained its outlook for the full year, projecting non-IFRS cloud revenue between €21.6 billion and €21.9 billion, and non-IFRS operating profit between €10.3 billion and €10.6 billion for fiscal year 2025. CEO Christian Klein emphasized the company's success formula and resilience in a volatile environment, noting a total revenue growth of 12% and cloud revenue growth of 27%.