Bentley Systems, Incorporated (BSY)
NASDAQ: BSY · Real-Time Price · USD
46.69
-0.07 (-0.15%)
Nov 20, 2024, 4:00 PM EST - Market closed
Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Subscriptions
1.18B 1.15B 1.11B 1.08B 1.06B 1.02B 996.83M 960.22M
Subscriptions Growth
11.41% 12.10% 11.31% 12.51% 13.68% 12.67% 15.64% 18.71%
Services
89.14M 92.45M 96.21M 102.07M 100.08M 99.67M 98.43M 95.49M
Services Growth
-10.93% -7.24% -2.25% 6.89% 3.05% 1.77% -1.05% -3.71%
Perpetual Licenses
44.54M 45.15M 46.00M 46.04M 45.32M 42.89M 42.72M 43.38M
Perpetual Licenses Growth
-1.72% 5.27% 7.69% 6.13% -11.01% -19.57% -19.65% -18.28%

Operating Metrics

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021
Annual Recurring Revenue
1.27B 1.22B 1.19B 1.17B 1.12B 1.11B 1.07B 1.04B
Annual Recurring Revenue Growth
12.97% 9.95% 10.78% 13.34% 14.35% 13.79% 11.26% 12.52%
Recurring Revenues Retention Rate
109.00% 108.00% 108.00% 109.00% 110.00% 110.00% 110.00% 110.00%
Account Retention Rate
99.00% 99.00% 99.00% 98.00% 97.00% 98.00% 98.00% 98.00%

Revenue by Geography

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Americas
697.49M 684.25M 666.77M 650.93M 634.12M 613.36M 598.88M 584.79M
Americas Growth
9.99% 11.56% 11.34% 11.31% 10.18% 9.42% 13.32% 21.05%
Europe, Middle East, and Africa
376.24M 367.85M 355.43M 353.55M 348.34M 336.80M 328.16M 312.80M
Europe, Middle East, and Africa Growth
8.01% 9.22% 8.31% 13.03% 12.74% 8.81% 8.03% 4.23%
Asia
240.18M 233.25M 229.56M 223.94M 222.26M 216.28M 210.94M 201.48M
Asia Growth
8.07% 7.85% 8.83% 11.14% 11.55% 11.58% 13.22% 10.81%

Operating Expense Breakdown

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Research and Development
275.39M 270.78M 275.19M 274.62M 271.27M 269.63M 264.38M 257.86M
Research and Development Growth
1.52% 0.43% 4.09% 6.50% 7.24% 9.40% 12.80% 16.72%
Selling and Marketing
240.53M 229.35M 226.58M 224.34M 214.21M 206.57M 201.82M 195.62M
Selling and Marketing Growth
12.29% 11.03% 12.27% 14.68% 13.30% 10.26% 14.84% 20.58%
General and Administrative
214.69M 206.01M 180.41M 180.74M 174.41M 169.53M 170.30M 174.65M
General and Administrative Growth
23.10% 21.52% 5.94% 3.49% 3.28% 1.88% 1.22% 16.06%
Amortization
34.67M 35.82M 36.93M 38.52M 39.81M 40.74M 41.76M 41.11M
Amortization Growth
-12.93% -12.08% -11.56% -6.32% 0.11% 7.22% 30.21% 60.60%
Deferred Compensation
22.48M 12.34M 15.23M 13.58M 10.85M 9.44M -6.86M -16.14M
Deferred Compensation Growth
107.13% 30.74% - - - -87.75% - -
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.