Dassault Systèmes SE (EPA:DSY)

Dassault Systèmes SE Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,340	1,196	1,200	1,051	931.5	773.7
Depreciation & Amortization	321.6	324.6	318.3	275.1	314.9	298.3
Other Amortization	219.1	219.1	244.5	261.5	281.9	262.2
Asset Writedown & Restructuring Costs	9	9	12.4	38.4	14	16.1
Stock-Based Compensation	174.8	174.8	190.4	184.2	166.7	171.6
Other Operating Activities	-238.5	-171.1	-169	-115.7	-101.2	-43.1
Change in Accounts Receivable	-196.7	-196.7	-347.7	-97.7	-263.8	-47.2
Change in Accounts Payable	7.8	7.8	1.4	15	18.3	12.4
Change in Unearned Revenue	-12.5	-12.5	141.1	-5	189	63.1
Change in Income Taxes	75.2	75.2	42.9	-104.9	44.8	69.5
Change in Other Net Operating Assets	155.7	3.6	25.3	63.4	-70.9	36.5
Operating Cash Flow	1,863	1,630	1,660	1,565	1,525	1,613
Operating Cash Flow Growth	13.24%	-1.81%	6.04%	2.62%	-5.45%	29.95%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-141.3	-160.5	-193.4	-145.3	-132.3	-103.7
Cash Acquisitions	-1,553	-203.5	-22.5	-16.1	-46.4	-21.4
Other Investing Activities	-25.6	-40.3	24.2	-0.2	-35.2	-35.3
Investing Cash Flow	-1,720	-404.3	-191.7	-161.6	-213.9	-160.4

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	-	-	-	249.5	-
Long-Term Debt Issued	-	99.6	200.2	20.3	8.3	1.3
Total Debt Issued	1,102	99.6	200.2	20.3	257.8	1.3
Long-Term Debt Repaid	-	-108	-780.6	-117.5	-1,246	-438.8
Lease Payments	-89.4	-89.7	-79.7	-89.4	-102	-97.6
Net Debt Issued (Repaid)	112.7	-8.4	-580.4	-97.2	-988.1	-437.5
Issuance of Common Stock	21.2	155.7	48.4	213.1	260.6	156
Repurchase of Common Stock	-58.4	-340.3	-374	-375.4	-639.6	-283.2
Common Dividends Paid	-357.5	-342.6	-302.7	-276.2	-223.5	-147.1
Other Financing Activities	-40.2	-253.8	-3.2	-1	-1.8	-0.1
Financing Cash Flow	-322.2	-789.4	-1,212	-536.7	-1,592	-711.9

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	82.7	-263.2	128.2	-67.5	70.6	89.8
Miscellaneous Cash Flow Adjustments	0.1	-	-0.1	-0.1	-	-
Net Cash Flow	-95.6	172.9	384.3	799.3	-210.5	830.6

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	1,722	1,469	1,466	1,420	1,393	1,509
Free Cash Flow Growth	16.90%	0.20%	3.28%	1.94%	-7.72%	35.46%
Free Cash Flow Margin	27.34%	23.56%	23.60%	23.86%	24.59%	31.06%
Free Cash Flow Per Share	1.29	1.11	1.10	1.06	1.04	1.13
Levered Free Cash Flow	1,620	1,150	1,479	1,287	1,159	1,631
Unlevered Free Cash Flow	1,647	1,176	1,510	1,312	1,176	1,649
Free Cash Flow After Leases	1,633	1,380	1,387	1,331	1,291	1,412

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	39.6	39.6	45.3	35.7	22.4	23.4
Cash Income Tax Paid	255.3	255.3	269.2	415.3	317.4	141.4
Change in Working Capital	29.5	-122.6	-137	-129.2	-82.6	134.3

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 1, 2026

Data Sources Report a data error