Dassault Systèmes (DXC) Reports 4% Revenue Growth, Recurring Up 6% as Cloud Adoption Accelerates

Feb 11, 2026 - Dassault Systèmes (DXC) reported full-year 2025 revenue of 6.24 billion euros ($7.44 billion), up 4% at constant currency, with recurring revenue growing 6%. Subscription sales rose 11% as clients shift to cloud services. Fourth-quarter revenue increased 1% to 1.68 billion euros, at the lower end of guidance. The 3DExperience platform and cloud offerings grew 10% and 8%, supported by major contracts. Life sciences revenue, including Medidata, declined 2% as pharma reduced study starts. Industrial Innovation software grew 6% and remains the growth engine. For 2026, the company forecasts revenue growth of 3%–5% at constant currency, an operating margin of 32.2%–32.6%, and earnings per share of 1.30–1.34 euros. ($1 = 0.8392 euros).