- AS365 N (originally SA 365 N): This is a much improved version of the SA 365 C Dauphin 2, the first prototype flying on 31 March 1979. This version introduced the uprated 492 kW (660 shp) Arriel 1C turboshafts, a retractable tricycle undercarriage, enlarged tail surfaces, and revised transmission, main rotor, rotor mast fairing and engine cowlings. The aircraft's initial M.T.O.W. of 3,850 kg (8,488 lb) was later raised to 4,000 kg (8,819 lb). Deliveries of the production model began in 1982.
- AS365 N1: Incorporating many of the improvements developed for the SA 366 G1 (HH-65 Dolphin), this version introduced upgraded 526 kW (705 shp) Arriel 1C1 turboshafts, an improved 11-blade Fenestron with wider-cord blades (which reduced the AS365 N1's noise signature), movable undercarridge doors replaced by simplified fairings and a higher gross weight of 4,100 kg (9,039 lb).
- AS365 N2: This version – designated AS365 N2 from the outset – introduced the upgraded 549 kW (737 shp) Arriel 1C2 turboshafts, an uprated gearbox, increased maximum take-off weight of 4,250 kg (9,370 lb), redesigned cabin doors and revised interior, enlarged tail fin with all composite Fenestron. Deliveries of this version started in 1990. Licensed versions, called the Z-9 and Z-9A, were assembled in China.
- AS365 N3: The high-performance AS365 N3 was developed for operations in 'hot and high' climates, and introduced 635 kW (851 shp) Arriel 2C turboshafts equipped with a single channel DECU (Digital Engine Control Unit) with manual reversion, mated to an uprated main transmission for better single engine performance. The AS365 N3 also features a redesigned ten blade composite Fenestron anti-torque device with asymimmetic blade distribution, offering a further reduction in noise signature. The AS365 N3's gross weight is 4,300 kg (9,480 lb). Production deliveries began in December 1998 and this version is currently still in production.
- AS365 N4: Produced as the EC155.