Dassault Systèmes reported 1% revenue growth in Q4 2025 and 4% growth for the full year, at the low end of its targets, with recurring revenue up 6% and subscription revenue rising 11%. 3DEXPERIENCE and Cloud revenue increased 10% and 8% respectively in FY25. Non-IFRS operating margin reached 37.0% in Q4 and 32.0% for the full year, with diluted EPS up 9% in Q4 and 7% for FY25.

CEO Pascal Daloz reaffirmed the Group’s ambition to lead Industrial AI through its 3D UNIV+RSES strategy, highlighting early traction in AI-powered virtual twins and a strategic partnership with NVIDIA to develop Industry World Models. The company is aligning resources to focus on execution and long-term transformation, particularly in Life Sciences and cloud-based subscription models.

CFO Rouven Bergmann noted solid performance in the Americas and Asia, partially offset by weakness in Europe’s automotive sector. Profitability improved through cost discipline, with FY25 non-IFRS operating margin at 32.0% and EPS at €1.31.

For 2026, Dassault Systèmes guides for 3–5% revenue growth, non-IFRS operating margin of 32.2–32.6%, and diluted EPS of €1.30–€1.34. The company will introduce Annual Run Rate reporting to provide greater visibility into recurring revenue trends.