Dassault Systèmes announced estimated IFRS financial results for the first quarter of 2026, ended March 31, 2026. Total revenue for the period increased by 3% to EUR 1.51 billion. Software revenue rose by 3% to EUR 1.37 billion. Subscription and support revenue increased by 2%, and recurring revenue accounted for 85% of software revenue. License and other software revenue grew by 9% to EUR 200 million. Services revenue increased by 3% to EUR 134 million. The company also provided information on the breakdown of software revenue by geographic region and industry, and highlighted selected elements of its strategy, including those related to the development of 3DExperience and its cloud offering.
Geographically, software revenue in the Americas declined by 1%, which the company primarily attributed to a high comparison base. The region represented 40% of software revenue. Europe, accounting for 39% of software revenue, recorded growth of 7%, with growth reported across all regions. In Asia, which represented 21% of software revenue, growth was 3%. Dassault Systèmes indicated that the mixed performance in Asia reflected a slight decline in China, offset by solid growth in key industries, particularly in Korea, Japan, and India.
The company also stated that the main growth drivers for software revenue in the quarter were the Home&Lifestyle, Transportation&Mobility, and Industrial Equipment industries.
Regarding strategic drivers, Dassault Systèmes reported that 3DExperience software revenue increased by 7% and represented 42% of eligible 3DExperience software revenue, an increase of 3 basis points year on year. Cloud software revenue rose by 8%, representing 26% of software revenue in the period.
Management commentary
Pascal Daloz, CEO and chairman of the board of Dassault Systèmes, commented: "As we enter 2026, we are executing our priorities and translating our strategy into tangible business results. We maintain a strong position in manufacturing industries, where we secured strategic customers. The mainstream market continues to perform well, mainly driven by Solidworks. Beyond our core business, Centric delivered strong growth, reflecting progress in our diversification strategy. In Life Science, we finalized a key transaction and expanded the reach of our platform. We are at an inflection point as artificial intelligence is redefining operating processes. Customers are moving from experimentation to industrial-scale deployments and are looking for trusted, autonomous AI platforms built on deep industry expertise. This is precisely where Dassault Systèmes stands out from the competition. Our commitment to 3D Univ+rseres remains unchanged. We are accelerating both the execution of our AI strategy and its market deployment, with a clear focus on monetization and scale. This quarter, we achieved key milestones, including new capabilities in virtual assistants, and we presented our industrial AI architecture, combining science-based models of the industrial world with accelerated data processing."
Pascal Daloz, CEO and chairman of the board of Dassault Systèmes
