)
Dassault Aviation (AM) investor relations material
Dassault Aviation H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for H1 2026 rose 46% year-over-year to €4.2B, driven by increased Rafale Export deliveries, milestone achievements, and strong Falcon orders, including 23 Falcon and 12 Rafale delivered (10 Export, 2 France).
Major international contracts included direct negotiations with India for 114 Rafale and a signed roadmap for Ukraine to acquire 16 Rafale.
Falcon 10X completed its maiden flight in June 2026, with entry into service planned for 2029.
FCAS/NGF program halted by France and Germany; focus shifts to a French-led demonstrator and alternative partnerships.
Expansion of industrial footprint and digital transformation initiatives, especially in India and AI integration.
Financial highlights
H1 2026 net sales reached €4.2B, up from €2.85B in H1 2025; operating income at €330M (7.9% margin), and adjusted net income at €496M, impacted by a €74M tax surcharge.
Order intake was €2.9B, with a backlog of €45.4B as of June 30, 2026.
Available cash increased to €10.1B, mainly from advances on Rafale export contracts.
Free cash flow was positive at €1.2B.
Research and development expenses focused on Falcon 10X and digital modernization.
Outlook and guidance
2026 guidance unchanged: net sales expected at €8.5B, with deliveries of 40 Falcon and 28 Rafale.
Falcon 10X entry into service rescheduled for 2029 due to certification timelines.
Ongoing negotiations for major Rafale contracts with India and Ukraine; UAE deliveries planned for end-2026.
- Record order intake and backlog in H1 2025, with strong sales growth but lower net income.AM
H1 20258 Jul 2026 - Record sales and orders in 2025, with strong export growth and digital investments.AM
H2 202529 Apr 2026 - Record order intake and backlog drive higher sales and income, despite supply chain risks.AM
H1 20249 Feb 2026 - Record €6.2B sales, €1,056M net income, and strong order intake drive 2024 growth.AM
H2 20249 Feb 2026 - Record order intake and backlog drive growth, despite supply chain and political risks.AM
H1 2024 (Q&A)3 Feb 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage