Bentley Systems, Incorporated (BSY)
NASDAQ: BSY · Real-Time Price · USD
33.71
+2.31 (7.36%)
At close: Jul 27, 2026, 4:00 PM EDT
34.00
+0.29 (0.86%)
After-hours: Jul 27, 2026, 7:39 PM EDT

Bentley Systems Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,5551,5021,3531,2281,099965.05
Revenue Growth
12.23%10.99%10.15%11.77%13.89%20.40%
Gross Profit
1,2701,2241,095962.33862.07748.51
Operating Income
373.7362.62302.15230.54208.6194.59
Net Income
281.88277.86234.79326.79174.7893.19
Earnings Per Share
0.880.850.721.000.550.30
EPS Growth
11.39%18.06%-28.00%81.82%83.33%-28.57%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Enterprise Subscriptions
644.99623.06530.37433.32345.68290.1
SELECT Subscriptions
272.11267.24258.5258.29264.31269.28
Term License Subscriptions
509.77486.39434.49388.7350.23253.43
Perpetual Licenses
44.4546.1845.9646.0443.3853.08
Services
84.1178.983.77102.0795.4999.16
Revenue (Total)
1,5551,5021,3531,2281,099965.05

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
105.16123.2864.0168.4171.68329.34
Total Debt
1,1661,2851,4271,5711,8231,489
Net Cash (Debt)
-1,060-1,161-1,363-1,502-1,751-1,159
Net Cash Growth
------
Net Cash Per Share
-3.21-3.49-4.08-4.52-5.28-3.69

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
512.46538.46435.29416.7274.32288.02
Capital Expenditures
-20.76-18.26-14.05-25-18.55-17.54
Free Cash Flow
491.7520.21421.25391.69255.78270.49
Free Cash Flow Growth
12.71%23.49%7.54%53.14%-5.44%11.82%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
81.64%81.52%80.95%78.34%78.44%77.56%
Operating Margin
24.03%24.15%22.33%18.77%18.98%9.80%
Pretax Margin
22.98%23.35%21.66%14.94%18.04%9.67%
Profit Margin
18.12%18.50%17.32%26.60%16.10%10.03%
FCF Margin
31.61%34.64%31.13%31.89%23.27%28.03%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '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%0.71%0.49%0.36%0.30%0.23%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
38.6544.9064.8652.1867.20161.10
Forward PE
23.7429.9241.7857.5344.4365.06
P/FCF Ratio
21.4722.1833.4839.4741.7650.48
PS Ratio
6.797.6810.4212.589.7214.15