Dassault Q2 Revenue Flat at €1.45B with €222M Profit

VÉLIZY-VILLACOUBLAY, France, July 25, 2023 – Dassault Systèmes today announced IFRS unaudited financial results for the second quarter ended June 30, 2023. This quarter’s revenue stood at €1.45B, flat compared to €1.43B of first quarter of 2023, with a profit of €221.5M.

Comparative analysis based on Dassault’s financial results in the last 12 quarters (Result source Dassault website)

Comparative analysis based on Dassault’s financial results in the last 12 quarters (Result source Dassault website)

Bernard Charlès, Dassault Systèmes’ chairman of the Board and chief executive officer commented: “In the transformative journey we embarked on in 2020, transitioning from Things to Life, science has played a pivotal role, as it opens our eyes to the world, making the invisible, visible.

Science-based Virtual Twin Experiences serve as a universal language, a new ‘milieu’, unlocking the secrets of reality and fostering our imagination. It is explorative and generative, allowing us to cross disciplines and revisit fundamentals with a fresh perspective. This was the focus of key events we held recently, gathering the scientific communities to explore deep-coupling of AI, Cyber Systems and ModSim at the core of which is Bio Sciences. This opens up new ways to envision sustainability as material sciences as well as biology, serving multi scale Virtual Twins, contribute to reveal the invisible.

Our purpose is clear – to provide 3DEXPERIENCE universes that foster sustainable innovation and harmonize product, nature, and life. Recognizing the importance of understanding life itself, we strive to align all sectors from Life Sciences to Manufacturing and Infrastructures.”

Pascal Daloz, Dassault Systèmes’ deputy chief executive officer & chief operating officer commented: “During the second quarter, we saw a renewed focus on investment in innovation from customers. This positive shift in the market was evident in our strong performance, driven by broad-based momentum with both large enterprises and mid-market companies across various geographies. Specifically, China experienced a rebound in Mainstream Innovation, the Americas saw a return of large transactions, and Europe remained resilient, driven by successful wins in Consumer Packaged Goods & Retail and Transportation & Mobility, primarily led by Germany and France.

The convergence of the Experience Economy and the Circular Economy is driving a profound transformation across all sectors. As businesses and industries continue to evolve, we saw a growing demand from customers to address the critical issues of sustainability and environmental responsibility, maintaining a competitive edge through rapid innovation, and optimizing operational efficiency.

In harnessing the power of AI-driven Virtual Twin Experiences, we are upskilling the workforce of the future with greater knowledge and know-how. AI automates repetitive tasks, driving significant productivity gains, enabling informed decision-making, and nurturing imagination and creativity. AI shifts the responsibilities of workers from ‘doing’ to ‘choosing’, acting as a true ‘cornucopia’ to driving innovation and success.”

A complete chart of the financial results is available here.

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE company, is a catalyst for human progress. They provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, their customers can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than 300,000 customers of all sizes, in all industries, in more than 150 countries.

For more information, visit www.3ds.com.