SAP Announces Fourth Quarter And Full-Year 2022 Results
SAP News, January 26th, 2023
SAP SE announced its financial results for the fourth quarter and fiscal year ended December 31, 2022.
All financial outlook metrics met in FY 2022
Cloud revenue up 33% and up 24% at constant currencies in FY 2022. Q4 SAP S/4HANA cloud revenue further accelerates, up 101% and up 90% at constant currencies
Current cloud backlog exceeds 12 billion Euros, up 27% and up 24% at constant currencies
IFRS cloud gross profit up 38%, non-IFRS cloud gross profit up 37% and up 28% at constant currencies in FY 2022
IFRS operating profit flat, non-IFRS operating profit down 2% and down 7% at constant currencies in FY 2022. Q4 IFRS operating profit up 17%, non-IFRS operating profit up 5% and up 2% at constant currencies