The Group's Board of Directors approved these estimated results on April 23, 2025.

Dassault Systèmes has reported 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 highlights:

·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.

Pascal Daloz, Dassault Systèmes' Chief Executive Officer, commented: "In February this year we announced Gen 7, the new generation of representation of our customers' virtual universes – we call it 3D UNIV+RSES. This seventh generation of MODSIM data, powered by AI and spatial computing, makes the 3DEXPERIENCE the next-generation platform for knowledge and know-how, establishing it as a global IP management platform. Early customer feedback confirms that platform-based AI leveraging virtual twins creates competitive advantage.

We've had a solid start to the year. In the first quarter, the Manufacturing Industries sector performed well, led by Aerospace & Defense and High Tech, along with Transportation & Mobility in China, Japan and US. At the same time, we're accelerating in Sovereign Infrastructure, where energy, security, and AI capabilities – through high-performance data centers – are becoming strategic imperatives for nations and territories.

We are committed to being the trusted partner for our customers – helping them stay ahead, while strengthening our leadership position for the long term and raising barriers to entry."