Software revenue accelerated to 9% growth.
VÉLIZY-VILLACOUBLAY, France, Feb 4, 2025 – Dassault Systèmes announced IFRS unaudited estimated financial results for the fourth quarter 2024 and full year ended December 31, 2024. This quarter’s revenue stood at €1.75B, up 19.8% compared to €1.46B of third quarter of 2024, with a profit of €411M.
Pascal Daloz, Dassault’s chief executive officer, commented: “2024 has been a year of competitive success, driven by the expansion of 3DEXPERIENCE across industries, domains and geographies, and redefining our strategic partnerships with industry leaders such as Volkswagen, Lockheed Martin, Mahindra & Mahindra, Airbus, and Bristol-Myers Squibb.
Key to this success is the relevance of 3DEXPERIENCE combining deep industry knowledge and know-how to help customers enhance their value propositions and empower their teams. This will nurture our future growth and build the foundation for broad cloud adoption.
Building on this strong foundation, we are excited to announce a new era for Dassault Systèmes. We are fully committed to creating UNIV+RSES, a combination of multiple virtual twins, integrating artificial intelligence to connect virtual and real, across all industry solutions. This will unlock new opportunities for our clients and position us as the trusted global IP generation and management company.”
Rouven Bergmann, Dassault Systèmes’ chief financial officer, commented: “We delivered a strong Q4 in the context of a challenging year, with total revenue up 7%, driven by new business growth of 13% in the quarter. From a product line perspective, this performance was led by Industrial Innovation, up 8%, as a result of the wider adoption of 3DEXPERIENCE, with a focus on manufacturing. At the same time, we saw continued excellent performance in mainstream innovation while in life sciences, MEDIDATA returned to growth.
Turning to the bottom line, profitability improved in the quarter with an operating margin of 36.3%, up 70 basis points driven by productivity gains, and EPS increased by a strong 11%.
For 2024, software revenue growth was 6% and EPS grew by 9%. Operating cash flow came in at €1.66 billion resulting in a net cash position of €1.46 billion, highlighting our capacity for future investments.
Looking ahead, we are confident in our growth outlook and competitive positioning.
As such, for 2025 we anticipate total revenue growth between 6% and 8%, operating margin expansion of 70-100 basis points and EPS up 7% to 10%.
Lastly, we are delighted to hold our Capital Markets Day this coming June, at our headquarters in Paris where it will be the opportunity to discuss our vision for the next horizon.”
A complete chart of the financial results is available here.
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