This study evaluated the three-year clinical performance of Class V restorations made of a polyacid-modified resin composite, Dyract. Ninety-two Class V carious lesions in 28 patients were restored with Dyract. Restorations were clinically evaluated at baseline, first, second, and third year recall visits, according to the modified Ryge criteria by two experienced, calibrated examiners. Retention rate after three years in Class V carious restorations was 92.4%, with only seven failed restorations. Color change and marginal discoloration in restorations were found to be statistically significant (p = 0.013 and p < 0.001, respectively) at the end of third year, but none of the affected restorations required replacement. The results of this study revealed that at the end of three years, Dyract exhibited good clinical success rate but significant color change and marginal discoloration in Class V carious lesions.