)
Dassault Aviation (AM) investor relations material
Dassault Aviation H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Order intake surged to €8.1 billion in H1 2025, driven by a major Rafale Marine contract with India and strong export demand, setting a new backlog record of €48.3 billion as of June 30, 2025.
Net sales rose 12% year-over-year to €2.847 billion, with 7 Rafale and 12 Falcon aircraft delivered in H1 2025.
Net income declined to €386 million, impacted by a €67 million French tax surcharge, while operating income increased to €180 million.
The company is ramping up industrial capabilities in France and India, including new assembly lines and modernization of facilities, with the first Falcon 2000 assembly line outside France.
Participation in major air shows and industry events, with strong public and governmental engagement.
Financial highlights
Order intake reached €8.1 billion, up 57% year-over-year, and backlog increased 12% to €48.3 billion.
Net sales were €2.847 billion, up 12% compared to H1 2024.
Operating income was €180 million (6.3% margin), up from €170 million (6.7% margin) year-over-year.
Net income was €386 million (13.6% margin), down from €442 million (17.4% margin), impacted by a €67 million tax surcharge.
Available cash increased to €9.5 billion, mainly from Rafale Export advances; free cash flow at €1.5 billion.
Outlook and guidance
Guidance confirmed for full-year sales of €6.5 billion, including delivery of 40 Falcon and 25 Rafale aircraft.
Guidance excludes potential impacts from U.S. tariffs and European countermeasures.
Ramp-up in production expected, with ongoing supply chain challenges anticipated to persist for the next two years.
Continued focus on Make in India initiatives and further industrial expansion in India.
Next Dassault Aviation earnings date
Next Dassault Aviation earnings date
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
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)