Bentley Systems, Incorporated (BSY)

Revenue by Geography

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Americas Revenue	817.15M	790.50M	717.00M
Americas Revenue Growth	3.37%	10.25%	10.15%
Europe, Middle East, and Africa Revenue	456.06M	436.83M	388.38M
Europe, Middle East, and Africa Revenue Growth	4.40%	12.47%	9.85%
Asia-Pacific Revenue	282.20M	274.46M	247.71M
Asia-Pacific Revenue Growth	2.82%	10.80%	10.62%
Revenue (Other)	2.00K	1,000.00	5.00K
Revenue (Total)	1.56B	1.50B	1.35B
Revenue (Total) Growth	3.57%	10.99%	10.15%

Revenue

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Enterprise Subscriptions Revenue	644.99M	623.06M	530.37M
Enterprise Subscriptions Revenue Growth	3.52%	17.48%	22.40%
SELECT Subscriptions Revenue	272.11M	267.24M	258.50M
SELECT Subscriptions Revenue Growth	1.82%	3.38%	0.08%
Term License Subscriptions Revenue	509.77M	486.39M	434.49M
Term License Subscriptions Revenue Growth	4.81%	11.95%	11.78%
Total Subscriptions Revenue	1.43B	1.38B	1.22B
Total Subscriptions Revenue Growth	3.64%	12.53%	13.24%
Perpetual Licenses Revenue	44.45M	46.18M	45.96M
Perpetual Licenses Revenue Growth	-3.76%	0.48%	-0.17%
Subscriptions and Licenses Revenue	1.47B	1.42B	1.27B
Subscriptions and Licenses Revenue Growth	3.40%	12.10%	12.69%
Services Revenue	84.11M	78.90M	83.77M
Services Revenue Growth	6.60%	-5.81%	-17.93%
Revenue (Total)	1.56B	1.50B	1.35B
Revenue (Total) Growth	3.57%	10.99%	10.15%

Gross Profit

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Subscriptions and Licenses Gross Profit	1.26B	1.22B	1.10B
Subscriptions and Licenses Gross Profit Growth	3.43%	11.45%	14.53%
Services Gross Profit	6.47M	2.78M	-655.00K
Services Gross Profit Growth	132.94%	-	-
Gross Profit (Other)	-1.00K	2.00K	5.00K
Gross Profit (Total)	1.27B	1.22B	1.10B
Gross Profit (Total) Growth	3.72%	11.77%	13.82%

Key Performance Indicators

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Annualized Recurring Revenues (ARR)	1.49B	1.46B	1.28B
Annualized Recurring Revenues (ARR) Growth	2.21%	13.94%	9.23%
Last Twelve-Months Recurring Revenues	1.44B	1.39B	1.24B
Last Twelve-Months Recurring Revenues Growth	3.60%	12.39%	12.89%
Constant Currency ARR Growth Rate	11.50%	11.50%	12.00%
Account Retention Rate	99.00%	99.00%	99.00%
LTM Recurring Revenues Dollar-Based Net Retention Rate	109.00%	109.00%	110.00%
Remaining Performance Obligations (RPO)	284.42M	296.65M	262.37M
Remaining Performance Obligations (RPO) Growth	-4.12%	13.07%	-2.70%
Remaining Performance Obligations (RPO) to be Recognized Over NTM	94.00%	94.00%	94.00%

Updated May 7, 2026. Data Source: Fiscal.ai.