India, Oct. 23 -- SAP announced its third-quarter financial results, showing continued rapid growth in its cloud business. Cloud revenue grew 27% at constant currencies, driving the overall results. Total revenue for the quarter reached EUR 9.08 billion.

The company also updated its full-year 2025 financial outlook. Management now expects non-IFRS operating profit to sit at the upper end of its forecasted range. SAP also raised its free cash flow forecast for the year.

The shift to subscription-based services continues to define the company's financial profile. Current cloud backlog, a measure of future cloud revenue, grew 27% at constant currencies to EUR 18.84 billion.

Cloud revenue for the quarter totalled EUR 5.29 billion. Cloud ER...