Dassault Systèmes SE Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,196	1,200	1,051	931.5	773.7
Depreciation & Amortization	540.7	318.3	275.1	314.9	298.3
Other Amortization	-	244.5	261.5	281.9	262.2
Asset Writedown & Restructuring Costs	-	12.4	38.4	14	16.1
Stock-Based Compensation	-	190.4	184.2	166.7	171.6
Other Operating Activities	24	-169	-115.7	-101.2	-43.1
Change in Accounts Receivable	-	-347.7	-97.7	-263.8	-47.2
Change in Accounts Payable	-	1.4	15	18.3	12.4
Change in Unearned Revenue	-	141.1	-5	189	63.1
Change in Income Taxes	-	42.9	-104.9	44.8	69.5
Change in Other Net Operating Assets	-122.6	25.3	63.4	-70.9	36.5
Operating Cash Flow	1,630	1,660	1,565	1,525	1,613
Operating Cash Flow Growth	-1.81%	6.04%	2.62%	-5.45%	29.95%
Capital Expenditures	-160.5	-193.4	-145.3	-132.3	-103.7
Cash Acquisitions	-203.5	-22.5	-16.1	-46.4	-21.4
Other Investing Activities	-40.3	24.2	-0.2	-35.2	-35.3
Investing Cash Flow	-404.3	-191.7	-161.6	-213.9	-160.4
Short-Term Debt Issued	-	-	-	249.5	-
Long-Term Debt Issued	99.6	200.2	20.3	8.3	1.3
Total Debt Issued	99.6	200.2	20.3	257.8	1.3
Long-Term Debt Repaid	-108	-780.6	-117.5	-1,246	-438.8
Net Debt Issued (Repaid)	-8.4	-580.4	-97.2	-988.1	-437.5
Issuance of Common Stock	155.7	48.4	213.1	260.6	156
Repurchase of Common Stock	-340.3	-374	-375.4	-639.6	-283.2
Common Dividends Paid	-342.6	-302.7	-276.2	-223.5	-147.1
Other Financing Activities	-253.8	-3.2	-1	-1.8	-0.1
Financing Cash Flow	-789.4	-1,212	-536.7	-1,592	-711.9
Foreign Exchange Rate Adjustments	-263.2	128.2	-67.5	70.6	89.8
Miscellaneous Cash Flow Adjustments	-0.1	-0.1	-0.1	-	-
Net Cash Flow	172.8	384.3	799.3	-210.5	830.6
Free Cash Flow	1,469	1,466	1,420	1,393	1,509
Free Cash Flow Growth	0.20%	3.28%	1.94%	-7.72%	35.46%
Free Cash Flow Margin	23.56%	23.60%	23.86%	24.59%	31.06%
Free Cash Flow Per Share	1.11	1.10	1.06	1.04	1.13
Cash Interest Paid	-	45.3	35.7	22.4	23.4
Cash Income Tax Paid	-	269.2	415.3	317.4	141.4
Levered Free Cash Flow	1,258	1,479	1,287	1,159	1,631
Unlevered Free Cash Flow	1,258	1,510	1,312	1,176	1,649
Change in Working Capital	-122.6	-137	-129.2	-82.6	134.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.