Dassault Systèmes: Solid start to the year with strong subscription growth, EPS at the high end of guidance

VELIZY-VILLACOUBLAY, France — April 24, 2025 — Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today reports its IFRS unaudited estimated financial results for the first quarter 2025 ended March 31, 2025. The Group’s Board of Directors approved these estimated results on April 23, 2025. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix.            

Summary Highlights¹   

(unaudited, non-IFRS unless otherwise noted, all growth rates in constant currencies)

• 1Q25: Software revenue increased by 5% driven by recurring revenue up 7%;
• 1Q25: Strong subscription growth of 14%, bringing New business up 7%;
• 1Q25: 3DEXPERIENCE software revenue growth of 17%;
• 1Q25: Diluted EPS up 5% (6% as reported) to €0.32;
• 1Q25: Cash flow from operations grew 21%, as reported, to €813 million (IFRS); 
• FY25: Full year objectives unchanged, total revenue growth of 6-8% and diluted EPS of €1.36-€1.39.

¹IFRS figures for 1Q25: total revenue at €1.57 billion, operating margin of 19.4% and diluted EPS at €0.20.