Core Insights - Dassault Systèmes reported a 1% revenue growth in Q4 2025, with a total revenue of €1.68 billion, and a full-year revenue increase of 4% to €6.24 billion, driven by subscription revenue growth of 11% [8][14][15] - The company initiated a revenue guidance for FY 2026, projecting a growth of 3-5% and an operating margin between 32.2% and 32.6% [8][12][18] Financial Performance - Q4 2025 total revenue was €1.68 billion, a 1% increase in constant currencies, while software revenue remained flat at €1.52 billion [14][15] - Full-year 2025 total revenue increased by 4% to €6.24 billion, with recurring revenue up 6% [8][15] - Non-IFRS operating margin for Q4 was 37.0%, up 90 basis points year-over-year, and for FY 2025, it was 32.0%, up 40 basis points [8][10] - Non-IFRS diluted EPS for Q4 was €0.40, a 1% increase, and for FY 2025, it was €1.31, up 2% [8][10] Revenue Breakdown - Subscription and support revenue rose 3% in Q4, representing 76% of software revenue, while licenses and other software revenue decreased by 7% [14][15] - In Q4, the Americas region saw a 3% revenue increase, Europe experienced a 5% decline, and Asia grew by 6% [14][15] - For FY 2025, Industrial Innovation software revenue rose 6% to €3.13 billion, while Life Sciences revenue decreased by 2% to €1.08 billion [15][16] Strategic Focus - The company aims to lead the Industrial AI transformation through its 3D UNIV+RSES initiative, focusing on long-term commitments to redefine industry operations [4][5] - In 2026, Dassault Systèmes plans to introduce Annual Run Rate (ARR) reporting to enhance visibility into its recurring revenue base [8][11] - The partnership with NVIDIA is highlighted as a strategic move to combine virtual twins with accelerated computing for future industry models [6][8] Future Outlook - The company anticipates total revenue growth of 3-5% for FY 2026, with operating margin expansion of 40-80 basis points and EPS growth of 3-6% [12][18] - The introduction of unique Industrial AI offerings and value-based monetization models is expected to drive growth and profitability [11][12]

Pascal. Hey everybody. >> Uh, >> are you called solid workers.>> Hard workers. >> Hard workers. >> So, welcome on stage, Jason.Jason, >> thank you. >> It's always a pleasure to have you. I don't know if people realize but we have a long-standing relationship right I think we almost started the collaboration 30 years ago >> a yeah over a quarter century ago >> you remember how it started >> well it was we started during the last computing platform revolution in fact um the personal computer re revolution and ...

Core Insights - Dassault Systèmes reported a solid start to 2025 with strong subscription growth and earnings per share (EPS) at the high end of guidance [2][8][9] Financial Performance - Total revenue for Q1 2025 increased by 5% to €1.57 billion, while software revenue grew by 6% to €1.43 billion [12][60] - Subscription and support revenue rose by 7%, with recurring revenue now representing 86% of software revenue [6][12] - Diluted EPS increased by 5% to €0.32, with operating cash flow growing by 21% to €813 million [8][16] Sector Performance - The Manufacturing Industries sector performed well, particularly in Aerospace & Defense and High Tech, along with Transportation & Mobility in China, Japan, and the US [5][12] - 3DEXPERIENCE software revenue grew by 17%, driven by Aerospace & Defense, High Tech, and Transportation & Mobility [12][13] Strategic Developments - The introduction of Gen 7, a new generation of representation for customers' virtual universes, is expected to enhance competitive advantage through AI and spatial computing [4][5] - The company is focusing on Sovereign Infrastructure, emphasizing energy, security, and AI capabilities [5][6] Financial Outlook - The company maintains its full-year objectives for total revenue growth of 6-8% and diluted EPS of €1.36-€1.39 [9][15] - Operating margin target is slightly adjusted to expect a year-over-year expansion of 50-70 basis points [9][15]