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Dassault Systèmes, the 3D EXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported.

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Dassault Systèmes: Solid First Quarter Driven by Strong Subscription, Reaffirming FY23 Objectives

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

  • 1Q23: Revenue increased 7% with software revenue up 6%. Recurring revenue rose 10%, driven by strong subscription growth of 14%.
  • 1Q23: Cloud software revenue increased 17%. 3DEXPERIENCE software revenue rose 10%.
  • 1Q23: IFRS Operating Margin of 20.8%. Non-IFRS Operating Margin of 31.0%, well-aligned with objectives, while continuing to invest to support future growth.
  • 1Q23: IFRS diluted EPS declined 3% to €0.19 as reported. Non-IFRS diluted EPS grew 1% to €0.28 as reported, at the high-end of the objective range.
  • 1Q23: Record IFRS operating cash flow of €783 million, up 24%. Dassault Systèmes is now deleveraged.
  • FY2023: Reaffirming non-IFRS objectives of diluted EPS reaching €1.18-€1.20 and revenue growth of 8%-9%.

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Béatrix Martinez
François-José Bordonado
Callie Gauzer
Valerio Mazza
Delphine Da Maia-Levy / Dymphna Hawksley

Phone: +33 1 61 62 69 24/7021
Fax:      +33 1 70 73 43 59