Dassault Systèmes stock heads to Capital Markets Day after raised targets

Dassault Systèmes reported stronger third-quarter execution on October 28, 2026, and raised its full-year objectives. The company said in its investor release that total revenue and software revenue each increased 5 percent in constant currencies.

Dassault Systèmes stock traded at 25.26 euros on Lang & Schwarz at 10:35 CET on Tuesday, November 10, 2026.

Growth Broadens Across Core Platforms

Third-quarter revenue reached 1.5519 billion euros under IFRS, compared with 1.4601 billion euros a year earlier. Software revenue rose to 1.3935 billion euros from 1.3137 billion euros. The company said recurring revenue represented 84 percent of software revenue, while annual recurring revenue increased 6 percent to 4.50 billion euros in constant currencies.

Growth was led by 3DEXPERIENCE software, which increased 25 percent, and cloud software, which rose 14 percent. Mainstream Innovation software revenue advanced 8 percent in constant currencies, while Life Sciences software revenue grew 1 percent. The Americas declined 3 percent in constant currencies, offset by stronger performance in Europe and Asia.

Non-IFRS operating margin widened to 31.6 percent from 30.1 percent, and diluted earnings per share rose 8 percent in constant currencies to 0.32 euros. Operating cash flow increased 20 percent year to date to 1.57 billion euros, with cash conversion at 111 percent versus 97 percent a year earlier.

Higher 2026 Objectives Set

Management now expects full-year revenue of 6.399 billion to 6.459 billion euros, equivalent to constant-currency growth of 4 to 5 percent, compared with the previous 3 to 5 percent range. The non-IFRS operating-margin target was lifted to 32.5 to 32.7 percent from 32.2 to 32.6 percent. The EPS growth objective was raised to 6 to 7 percent from 3 to 6 percent.

For the fourth quarter, Dassault Systèmes expects revenue growth of 5 to 8 percent, including a two-percentage-point contribution from ArisGlobal. The acquisition was completed in September and is expected to add to the Life Sciences strategy, alongside the appointment of Ashwini Zenooz as chief executive of Life Sciences and Healthcare.

Chief Executive Officer Pascal Daloz said the company is building AI-native virtual worlds and Industry World Models. The comments point to a strategic focus on connecting industrial software, artificial intelligence and virtual twins, although the November event will provide the next detailed update on the longer-term plan.

The CAC 40 provides the relevant French market backdrop for investors.

Dassault Systèmes will hold its Capital Markets Day on Tuesday, November 17, 2026. The company is scheduled to release fourth-quarter 2026 results on February 3, 2027. More news and analyses on Dassault Systèmes stock.