Introduced in 1996, the P95 incorporated a number of changes from earlier P-series pistols, including a shorter 3.9-inch (99.1 mm) barrel like the P93. The big change was switching the frame construction from an investment cast aluminum alloy to a new high-impact polymer frame made of fiberglass-reinforced polyurethane.

Most P95 designs were discontinued in 2004 and 2005, but certain types of the P95 were produced until 2009 and 2013.

It is chambered in 9mm with a magazine capacity of 15+1 rounds.