Bentley Systems, Incorporated (BSY)
NASDAQ: BSY · Real-Time Price · USD
33.71
-1.88 (-5.28%)
At close: Sep 4, 2026, 4:00 PM EDT
33.77
+0.06 (0.18%)
After-hours: Sep 4, 2026, 7:40 PM EDT

Bentley Systems Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,6021,5021,3531,2281,099965.05
Revenue Growth
12.85%10.99%10.15%11.77%13.89%20.40%
Gross Profit
1,3111,2241,096964.42862.07748.51
Operating Income
403.58384.26325.6274.57218.23210.11
Net Income
290277.86234.79326.79174.7893.19
Earnings Per Share
0.900.850.721.000.550.30
EPS Growth
15.50%18.02%-27.86%83.34%82.41%-28.57%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Enterprise Subscriptions
662.53623.06530.37433.32345.68290.1
SELECT Subscriptions
271.1267.24258.5258.29264.31269.28
Term License Subscriptions
538.42486.39434.49388.7350.23253.43
Perpetual Licenses
43.9646.1845.9646.0443.3853.08
Services
86.0478.983.77102.0795.4999.16
Revenue (Total)
1,6021,5021,3531,2281,099965.05

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
146.98123.2864.0168.4171.68329.34
Total Debt
1,2671,2851,4271,5711,8231,489
Net Cash (Debt)
-1,120-1,161-1,363-1,502-1,751-1,159
Net Cash Growth
------
Net Cash Per Share
-3.43-3.49-4.08-4.52-5.28-3.69

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
522.89538.46435.29416.7274.32288.02
Capital Expenditures
-24.39-18.26-14.05-25-18.55-17.54
Free Cash Flow
498.5520.21421.25391.69255.78270.49
Free Cash Flow Growth
14.93%23.49%7.54%53.14%-5.44%11.82%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
81.84%81.52%81.03%78.51%78.44%77.56%
Operating Margin
25.19%25.59%24.06%22.35%19.86%21.77%
Pretax Margin
23.30%23.36%21.67%14.94%17.84%9.30%
Profit Margin
18.10%18.50%17.35%26.60%15.90%9.66%
FCF Margin
31.12%34.64%31.13%31.89%23.27%28.03%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.2800.2800.2400.2000.1200.120
Dividend Per Share Growth
7.69%16.67%20.00%66.67%0%300.00%
Dividend Yield
0.83%0.74%0.52%0.39%0.33%0.25%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
37.3043.1862.6650.1165.54159.65
Forward PE
23.2429.9241.7857.5344.4365.06
P/FCF Ratio
20.9823.0734.9241.8144.7955.01
PS Ratio
6.537.9910.8713.3310.4215.42