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Bentley Systems, Incorporated(BSY)Earnings, Financials & Key Ratios
BSY•NASDAQ
34.5× P/E·Price updated Jun 17, 2026
AboutBentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling and open simulation applications for infrastructure design integration, which include MicroStation, OpenRoads, OpenRail, OpenPlant, OpenBuildings, OpenBridge, OpenSite, OpenFlows, STAAD and RAM, SACS, MOSES, AutoPIPE, SITEOPS, CUBE, DYNAMEQ, EMME, and LEGION; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including Leapfrog, AGS Workbench, GeoStudio, Imago, MX Deposit, Oasis montaj, PLAXIS, and OpenGround. It also provides project delivery systems that support collaboration, work-sharing, and 4D construction modeling for infrastructure project delivery enterprises, such as ProjectWise, ProjectWise Design Review Service, and SYNCHRO; and asset and network performance systems, such as AssetWise ALIM, AssetWise Asset Reliability, AssetWise Enterprise Interoperability, AssetWise 4D Analytics, AssetWise Linear, and Seequent Central. In addition, it offers industry solutions comprising AssetWise Linear SUPERLOAD, AssetWise Linear Analytics, AssetWise Inspections, ContextCapture, OpenCities, OpenUtilities, OpenTower, OpenWindPower, Power Line, SPIDA, OrbitGT, sensemetrics, PlantSight, and WaterSight. The company serves civil, structural, geotechnical, geoscience subsurface engineers, architects, geospatial professionals, city and regional planners, contractors, fabricators, and operations and maintenance engineers. Bentley Systems, Incorporated was incorporated in 1984 and is headquartered in Exton, Pennsylvania.Show more
- Revenue$1.5B+11.0%
- EBITDA$429M+16.8%
- Net Income$278M+18.3%
- EPS (Diluted)0.85+18.1%
- Gross Margin81.52%+0.7%
- EBITDA Margin28.53%+5.3%
- Operating Margin24.15%+8.1%
- Net Margin18.5%+6.6%
- ROE24.91%+2.1%
BSY Key Insights
Bentley Systems, Incorporated (BSY) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 31.4%
- ✓Strong 5Y profit CAGR of 17.0%
- ✓Strong Piotroski F-Score: 9/9
- ✓FCF machine: 34.6% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 13.4%
✗Weaknesses
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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BSY Price & Volume
Bentley Systems, Incorporated (BSY) stock price & volume — 10-year historical chart
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BSY Growth Metrics
Bentley Systems, Incorporated (BSY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years13.38%
3 Years10.97%
TTM12.23%
Profit CAGR
10 Years-
5 Years17.04%
3 Years16.71%
TTM10.18%
EPS CAGR
10 Years-
5 Years15.14%
3 Years17.05%
TTM10.13%
Return on Capital
10 Years15.69%
5 Years10.16%
3 Years11.6%
Last Year14%
BSY Recent Earnings
Bentley Systems, Incorporated (BSY) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.38+7.0%
$0.36
Rev
$424M+1.0%
$420M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$0.27+3.9%
$0.26
Rev
$392M+2.6%
$382M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$0.27-1.7%
$0.27
Rev
$376M+1.6%
$370M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.32+12.3%
$0.28
Rev
$364M+0.1%
$364M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.38vs $0.36+7.0% | $424Mvs $420M+1.0% |
| Q1 2026 | Feb 26, 2026 | $0.27vs $0.26+3.9% | $392Mvs $382M+2.6% |
| Q4 2025 | Nov 5, 2025 | $0.27vs $0.27-1.7% | $376Mvs $370M+1.6% |
| Q3 2025 | Aug 6, 2025 | $0.32vs $0.28+12.3% | $364Mvs $364M+0.1% |
Based on last 12 quarters of dataView full earnings history →
BSY Peer Comparison
Bentley Systems, Incorporated (BSY) competitors in Engineering design and simulation software — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ADSK | 40.77B | 193.07 | 36.92 | 17.53% | 19.49% | 49.42% | 0.90 | |
 CDNS | 107.57B | 389.60 | 95.96 | 14.12% | 20.94% | 21.68% | 0.45 | |
 PTC | 13.92B | 116.94 | 19.23 | 19.18% | 41.58% | 33.14% | 0.36 | |
 TRMB | 11.58B | 48.87 | 27.93 | -2.61% | 12.37% | 7.95% | 0.24 | |
 CAT | 444.78B | 955.92 | 50.77 | 4.29% | 13.31% | 47.51% | 2.03 | |
 VMC | 38.25B | 294.82 | 36.31 | 6.94% | 13.88% | 13.07% | 0.63 | |
 PWR | 107.27B | 714.85 | 105.13 | 19.76% | 3.72% | 12.96% | 0.13 | |
 J | 14.51B | 122.85 | 51.62 | 4.6% | 2.96% | 9.06% | 0.58 |
Compare BSY vs Peers
Bentley Systems, Incorporated (BSY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BSY Income Statement
Bentley Systems, Incorporated (BSY) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 691.71M | 736.65M | 801.54M | 965.05M | 1.1B | 1.23B | 1.35B | 1.5B | 1.56B |
Revenue Growth % | - | 6.5% | 8.81% | 20.4% | 13.89% | 11.77% | 10.15% | 10.99% | 12.23% |
Cost of Goods Sold | 131.32M | 144.15M | 167.16M | 216.54M | 237.01M | 318.18M | 257.77M | 277.53M | 285.64M |
COGS % of Revenue | 18.99% | 19.57% | 20.85% | 22.44% | 21.56% | 25.9% | 19.05% | 18.48% | - |
Gross Profit | 560.39M▲ 0% | 592.5M▲ 5.7% | 634.39M▲ 7.1% | 748.51M▲ 18.0% | 862.07M▲ 15.2% | 910.24M▲ 5.6% | 1.1B▲ 20.3% | 1.22B▲ 11.8% | 1.27B▲ 0% |
Gross Margin % | 81.01% | 80.43% | 79.15% | 77.56% | 78.44% | 74.1% | 80.95% | 81.52% | 81.64% |
Gross Profit Growth % | - | 5.73% | 7.07% | 17.99% | 15.17% | 5.59% | 20.33% | 11.77% | - |
Operating Expenses | 439M | 450.64M | 484.24M | 653.92M | 653.46M | 679.69M | 793.18M | 861.63M | 896.08M |
OpEx % of Revenue | 63.47% | 61.17% | 60.41% | 67.76% | 59.45% | 55.33% | 58.62% | 57.37% | - |
Selling, General & Admin | 249.96M | 252.87M | 257.24M | 407.4M | 354.49M | 418.65M | 477.93M | 506.88M | 530.54M |
SG&A % of Revenue | 36.14% | 34.33% | 32.09% | 42.22% | 32.25% | 34.08% | 35.32% | 33.75% | - |
Research & Development | 175.03M | 183.55M | 185.51M | 220.91M | 257.86M | 274.62M | 281.25M | 307.58M | 318.13M |
R&D % of Revenue | 25.3% | 24.92% | 23.14% | 22.89% | 23.46% | 22.36% | 20.79% | 20.48% | - |
Other Operating Expenses | 654K | 14.21M | 41.48M | 25.6M | 41.11M | -13.58M | 34M | 47.18M | 4M |
Operating Income | 121.39M▲ 0% | 141.87M▲ 16.9% | 150.15M▲ 5.8% | 94.59M▼ 37.0% | 208.61M▲ 120.5% | 230.54M▲ 10.5% | 302.15M▲ 31.1% | 362.62M▲ 20.0% | 373.7M▲ 0% |
Operating Margin % | 17.55% | 19.26% | 18.73% | 9.8% | 18.98% | 18.77% | 22.33% | 24.15% | 24.03% |
Operating Income Growth % | - | 16.87% | 5.84% | -37% | 120.55% | 10.51% | 31.06% | 20.01% | - |
EBITDA | 147.53M | 174.03M | 186.27M | 139.53M | 280.15M | 294.13M | 366.76M | 428.5M | 470.46M |
EBITDA Margin % | 21.33% | 23.62% | 23.24% | 14.46% | 25.49% | 23.94% | 27.11% | 28.53% | 30.25% |
EBITDA Growth % | - | 17.96% | 7.03% | -25.09% | 100.78% | 4.99% | 24.69% | 16.83% | 20.86% |
D&A (Non-Cash Add-back) | 26.14M | 32.16M | 36.12M | 44.94M | 71.54M | 63.59M | 64.61M | 65.88M | 96.76M |
EBIT | 122.47M | 137.84M | 174.84M | 107.4M | 233.33M | 224.86M | 317.83M | 363.17M | 390.06M |
Net Interest Income | -8.77M | -8.2M | -7.48M | -11.22M | -34.63M | -39.79M | -22.04M | -12.44M | -31.31M |
Interest Income | 842K | 1.53M | 437K | 306K | 421K | 1.54M | 2.73M | 0 | 3.21M |
Interest Expense | 9.61M | 9.73M | 7.91M | 11.53M | 35.06M | 41.33M | 24.77M | 12.44M | 34.51M |
Other Income/Expense | -8.53M | -15.03M | 15M | -1.26M | -12.55M | -47.02M | -8.99M | -11.89M | -16.25M |
Pretax Income | 112.86M▲ 0% | 126.83M▲ 12.4% | 165.15M▲ 30.2% | 93.33M▼ 43.5% | 196.06M▲ 110.1% | 183.53M▼ 6.4% | 293.16M▲ 59.7% | 350.73M▲ 19.6% | 357.45M▲ 0% |
Pretax Margin % | 16.32% | 17.22% | 20.6% | 9.67% | 17.84% | 14.94% | 21.67% | 23.35% | 22.98% |
Income Tax | -29.25M | 23.74M | 38.63M | -3.45M | 21.28M | -143.24M | 58.73M | 72.98M | 75.64M |
Effective Tax Rate % | -25.92% | 18.72% | 23.39% | -3.69% | 10.86% | -78.05% | 20.03% | 20.81% | 21.16% |
Net Income | 142.11M▲ 0% | 103.1M▼ 27.5% | 126.52M▲ 22.7% | 93.19M▼ 26.3% | 174.78M▲ 87.5% | 326.79M▲ 87.0% | 234.79M▼ 28.2% | 277.86M▲ 18.3% | 281.88M▲ 0% |
Net Margin % | 20.54% | 14% | 15.78% | 9.66% | 15.9% | 26.6% | 17.35% | 18.5% | 18.12% |
Net Income Growth % | - | -27.45% | 22.72% | -26.34% | 87.55% | 86.97% | -28.15% | 18.35% | 10.18% |
Net Income (Continuing) | 142.11M | 103.1M | 126.52M | 96.78M | 174.78M | 326.77M | 234.43M | 277.86M | 281.81M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 704K | 704K | 133K | 79K | 41K |
EPS (Diluted) | 0.54▲ 0% | 0.39▼ 27.8% | 0.42▲ 7.7% | 0.30▼ 28.6% | 0.53▲ 76.7% | 1.00▲ 88.7% | 0.72▼ 28.0% | 0.85▲ 18.1% | 0.88▲ 0% |
EPS Growth % | - | -27.78% | 7.69% | -28.57% | 76.67% | 88.68% | -28% | 18.06% | 10.13% |
EPS (Basic) | 0.54 | 0.39 | 0.44 | 0.30 | 0.57 | 1.07 | 0.75 | 0.88 | - |
Diluted Shares Outstanding | 261.23M | 261.23M | 299.37M | 314.61M | 331.77M | 332.5M | 333.77M | 333.09M | 321.84M |
Basic Shares Outstanding | 261.23M | 261.23M | 289.86M | 305.71M | 309.23M | 312.36M | 314.89M | 314.69M | 312.59M |
Dividend Payout Ratio | 14.11% | 24.24% | 334.05% | 35.84% | 19.74% | 17.98% | 30.72% | 30.58% | - |
BSY Balance Sheet
Bentley Systems, Incorporated (BSY) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 283.22M | 353.56M | 340.26M | 615.83M | 415.89M | 419.56M | 442.07M | 539.03M | 518.23M |
Cash & Short-Term Investments | 81.18M | 121.1M | 122.01M | 329.34M | 71.68M | 68.41M | 64.01M | 123.28M | 105.16M |
Cash Only | 81.18M | 121.1M | 122.01M | 329.34M | 71.68M | 68.41M | 64.01M | 123.28M | 105.16M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 184.56M | 204.5M | 190.02M | 235.27M | 287.07M | 293.54M | 314.47M | 350.3M | 344.1M |
Days Sales Outstanding | 97.39 | 101.33 | 86.53 | 88.98 | 95.34 | 87.22 | 84.83 | 85.14 | 74.6 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
Other Current Assets | 12.39M | 23.41M | 24.69M | 34.35M | 38.73M | 44.8M | 50.53M | 65.46M | 68.97M |
Total Non-Current Assets | 640.37M | 641.04M | 785.78M | 2.04B | 2.75B | 2.9B | 2.96B | 3.02B | 3.01B |
Property, Plant & Equipment | 29.39M | 29.63M | 74.54M | 82.64M | 72.5M | 78.58M | 66.1M | 67.17M | 82.51M |
Fixed Asset Turnover | 23.53x | 24.86x | 10.75x | 11.68x | 15.16x | 15.63x | 20.47x | 22.36x | 22.08x |
Goodwill | 446.32M | 480.06M | 581.17M | 1.59B | 2.24B | 2.27B | 2.37B | 2.48B | 2.47B |
Intangible Assets | 54M | 46.31M | 45.63M | 245.83M | 292.27M | 248.79M | 213.96M | 193.02M | 180.72M |
Long-Term Investments | 0 | 1.73M | 5.69M | 6.44M | 22.27M | 23.48M | 25.76M | 27.92M | 132.21M |
Other Non-Current Assets | 29.59M | 32.24M | 39.52M | 48.65M | 72.25M | 67.28M | 86.44M | 75.5M | 76.62M |
Total Assets | 923.6M▲ 0% | 994.6M▲ 7.7% | 1.13B▲ 13.2% | 2.66B▲ 136.2% | 3.17B▲ 19.0% | 3.32B▲ 4.9% | 3.4B▲ 2.4% | 3.56B▲ 4.6% | 3.52B▲ 0% |
Asset Turnover | 0.75x | 0.74x | 0.71x | 0.36x | 0.35x | 0.37x | 0.40x | 0.42x | 0.45x |
Asset Growth % | - | 7.69% | 13.21% | 136.16% | 19.02% | 4.89% | 2.41% | 4.57% | 15.22% |
Total Current Liabilities | 435.74M | 392.41M | 465.56M | 593.87M | 628.36M | 760.36M | 814.33M | 960.21M | 1.01B |
Accounts Payable | 8.57M | 17.67M | 16.49M | 16.48M | 15.18M | 18.09M | 16.48M | 26.95M | 21.27M |
Days Payables Outstanding | 23.81 | 44.74 | 36.01 | 27.78 | 23.37 | 20.76 | 23.33 | 35.45 | 28.92 |
Short-Term Debt | 0 | 0 | 0 | 5M | 5M | 10M | 0 | 13.67M | 13.31M |
Deferred Revenue (Current) | 296.15M | 213.94M | 212.16M | 237.41M | 240.68M | 270.71M | 262.72M | 278.24M | 1.87B |
Other Current Liabilities | 101.11M | 131.24M | 185.58M | 268.15M | 296.93M | 383.63M | 471.69M | 641.35M | 706.3M |
Current Ratio | 0.65x | 0.90x | 0.73x | 1.04x | 0.66x | 0.55x | 0.54x | 0.56x | 0.51x |
Quick Ratio | 0.65x | 0.90x | 0.73x | 1.04x | 0.66x | 0.55x | 0.54x | 0.56x | 0.51x |
Cash Conversion Cycle | - | - | - | - | - | - | - | - | 45.68 |
Total Non-Current Liabilities | 340.42M | 267.57M | 318.88M | 1.66B | 1.96B | 1.68B | 1.54B | 1.41B | 1.29B |
Long-Term Debt | 258.75M | 233.75M | 246M | 1.43B | 1.78B | 1.52B | 1.39B | 1.25B | 1.15B |
Capital Lease Obligations | 0 | 0 | 31.77M | 35.27M | 27.67M | 30.63M | 26.89M | 22.15M | 71.21M |
Deferred Tax Liabilities | 10.47M | 8.26M | 10.85M | 65.01M | 51.23M | 9.72M | 8.61M | 4.37M | 27.14M |
Other Non-Current Liabilities | 21.43M | 17.4M | 23.25M | 116.88M | 92.47M | 100.9M | 104.12M | 111.63M | 134.05M |
Total Liabilities | 776.16M | 659.98M | 784.44M | 2.25B | 2.59B | 2.44B | 2.36B | 2.37B | 2.3B |
Total Debt | 258.75M | 233.75M | 294.38M | 1.49B | 1.82B | 1.57B | 1.43B | 1.28B | 1.17B |
Net Debt | 177.57M | 112.65M | 172.37M | 1.16B | 1.75B | 1.5B | 1.36B | 1.16B | 1.06B |
Debt / Equity | 1.76x | 0.70x | 0.86x | 3.64x | 3.18x | 1.78x | 1.37x | 1.08x | 0.95x |
Debt / EBITDA | 1.75x | 1.34x | 1.58x | 10.67x | 6.51x | 5.34x | 3.89x | 3.00x | 2.48x |
Net Debt / EBITDA | 1.20x | 0.65x | 0.93x | 8.31x | 6.25x | 5.11x | 3.72x | 2.71x | 2.25x |
Interest Coverage | 12.75x | 14.17x | 22.09x | 9.32x | 6.66x | 5.44x | 12.83x | 29.21x | 11.30x |
Total Equity | 147.43M▲ 0% | 334.62M▲ 127.0% | 341.6M▲ 2.1% | 409.22M▲ 19.8% | 573.45M▲ 40.1% | 883.98M▲ 54.2% | 1.04B▲ 17.8% | 1.19B▲ 14.3% | 1.23B▲ 0% |
Equity Growth % | - | 126.97% | 2.09% | 19.8% | 40.13% | 54.15% | 17.78% | 14.25% | 59.58% |
Book Value per Share | 0.56 | 1.28 | 1.14 | 1.30 | 1.73 | 2.66 | 3.12 | 3.57 | 3.81 |
Total Shareholders' Equity | 147.43M | 334.62M | 341.6M | 409.22M | 572.75M | 883.28M | 1.04B | 1.19B | 1.23B |
Common Stock | 2.5M | 2.55M | 2.72M | 2.83M | 2.89M | 2.96M | 3.02M | 3.02M | 3.04M |
Retained Earnings | -218.55M | -52.67M | -376M | -439.63M | -370.87M | -161.93M | -75.94M | -40.26M | -22.44M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -29.41M | -23.93M | -26.23M | -91.77M | -89.74M | -84.99M | -104.08M | -74.56M | -80.73M |
Minority Interest | 0 | 0 | 0 | 0 | 704K | 704K | 133K | 79K | 41K |
BSY Cash Flow Statement
Bentley Systems, Incorporated (BSY) cash flow — operating, investing & free cash flow history
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 161.47M | 170.77M | 258.34M | 288.02M | 274.32M | 416.7M | 435.29M | 538.46M | 512.46M |
Operating CF Margin % | 23.34% | 23.18% | 32.23% | 29.85% | 24.96% | 33.92% | 32.17% | 35.86% | - |
Operating CF Growth % | - | 5.76% | 51.28% | 11.49% | -4.76% | 51.9% | 4.46% | 23.7% | 94.35% |
Net Income | 142.11M | 103.1M | 126.52M | 93.19M | 174.78M | 326.79M | 234.43M | 277.79M | 281.88M |
Depreciation & Amortization | 29.2M | 32.16M | 36.12M | 52.79M | 71.54M | 71.86M | 64.61M | 65.88M | 67.38M |
Stock-Based Compensation | 7.88M | 8.09M | 32.11M | 49.05M | 75.21M | 72.97M | 74.42M | 72.58M | 62.76M |
Deferred Taxes | -60.06M | 732K | 16.25M | -19.75M | -5.13M | -198.88M | 12.57M | 24.33M | 33.76M |
Other Non-Cash Items | 6.38M | 12.22M | -23.55M | 1.59M | -26.98M | 46.5M | 26.72M | 38.56M | 45.92M |
Working Capital Changes | 35.95M | 14.48M | 70.89M | 111.15M | -15.09M | 97.45M | 22.54M | 59.32M | 20.93M |
Change in Receivables | -41.79M | -21.15M | 12.39M | -35.52M | -60.94M | -5.18M | -32.06M | -18.58M | -28.04M |
Change in Inventory | 19.24M | -5.98M | 0 | 14.26M | 0 | 0 | 0 | 0 | 0 |
Change in Payables | 37.25M | 41.88M | 51.19M | 50.08M | 29.18M | 68.73M | 74.95M | -18.44M | -21.14M |
Cash from Investing | -154.76M | -53.69M | -117.33M | -1.06B | -770.13M | -60.5M | -143.27M | -112.31M | -114.82M |
Capital Expenditures | -19.49M | -16.64M | -16.45M | -17.54M | -18.55M | -25M | -14.05M | -18.25M | -20.76M |
CapEx % of Revenue | 2.82% | 2.26% | 2.05% | 1.82% | 1.69% | 2.04% | 1.04% | 1.22% | 1.33% |
Acquisitions | -135.26M | -37.05M | -93.03M | -1.03B | -743.01M | -26.02M | -130.41M | -93.25M | -93.25M |
Investments | - | - | - | - | - | - | - | - | - |
Other Investing | -877K | -37.05M | -7.85M | -4.08M | -8.57M | 0 | 2.62M | 179K | 179K |
Cash from Financing | -58.8M | -77.05M | -136.51M | 982.58M | 243.03M | -359.07M | -289.85M | -376.3M | -379.93M |
Debt Issued (Net) | -11.25M | -25M | 11.82M | 1.18B | 338.6M | -258.57M | -146.71M | -145.11M | -134.42M |
Equity Issued (Net) | -30.23M | -19.66M | -16.5M | -111.09M | -71.81M | -58.94M | -76.86M | -145.71M | -166.54M |
Dividends Paid | -20.06M | -24.99M | -422.65M | -33.4M | -34.49M | -58.76M | -72.11M | -84.96M | -84.99M |
Share Repurchases | -46.45M | -24.17M | -83.97M | -120.54M | -71.81M | -58.94M | -76.86M | -157.24M | -185.08M |
Other Financing | 2.74M | -7.4M | 290.81M | -54.17M | 10.74M | 17.19M | 5.84M | -513K | 6.02M |
Net Change in Cash | -53.28M▲ 0% | 39.92M▲ 174.9% | 905K▼ 97.7% | 207.33M▲ 22809.5% | -257.65M▼ 224.3% | -3.27M▲ 98.7% | -4.4M▼ 34.6% | 59.27M▲ 1446.1% | 21.52M▲ 0% |
Free Cash Flow | 141.97M▲ 0% | 154.13M▲ 8.6% | 241.89M▲ 56.9% | 270.49M▲ 11.8% | 255.78M▼ 5.4% | 391.69M▲ 53.1% | 421.25M▲ 7.5% | 520.21M▲ 23.5% | 491.69M▲ 0% |
FCF Margin % | 20.52% | 20.92% | 30.18% | 28.03% | 23.27% | 31.89% | 31.13% | 34.64% | 31.61% |
FCF Growth % | - | 8.57% | 56.94% | 11.82% | -5.44% | 53.14% | 7.54% | 23.49% | 12.71% |
FCF per Share | 0.54 | 0.59 | 0.81 | 0.86 | 0.77 | 1.18 | 1.26 | 1.56 | 1.53 |
FCF Conversion (FCF/Net Income) | 1.14x | 1.66x | 2.04x | 3.09x | 1.57x | 1.28x | 1.85x | 1.94x | 1.74x |
Interest Paid | 8.86M | 9.22M | 8.01M | 4.63M | 26.58M | 37.39M | 17.2M | 0 | 3.69M |
Taxes Paid | 25.78M | 27.91M | 28.99M | 40.2M | 29.48M | 43.62M | 59.74M | 0 | 27.95M |
BSY Key Ratios
Bentley Systems, Incorporated (BSY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 42.77% | 37.42% | 24.82% | 35.57% | 44.84% | 24.39% | 24.91% | 23.62% |
Return on Invested Capital (ROIC) | 27.55% | 23.43% | 6.81% | 8.04% | 7.34% | 9.46% | 11.44% | 12.05% |
Gross Margin | 80.43% | 79.15% | 77.56% | 78.44% | 74.1% | 80.95% | 81.52% | 81.64% |
Net Margin | 14% | 15.78% | 9.66% | 15.9% | 26.6% | 17.35% | 18.5% | 18.12% |
Debt / Equity | 0.70x | 0.86x | 3.64x | 3.18x | 1.78x | 1.37x | 1.08x | 0.95x |
Interest Coverage | 14.17x | 22.09x | 9.32x | 6.66x | 5.44x | 12.83x | 29.21x | 11.30x |
FCF Conversion | 1.66x | 2.04x | 3.09x | 1.57x | 1.28x | 1.85x | 1.94x | 1.74x |
Revenue Growth | 6.5% | 8.81% | 20.4% | 13.89% | 11.77% | 10.15% | 10.99% | 12.23% |
Related:BSY Dividend History·BSY Revenue History·BSY Price History·BSY P/E History·BSY Financial Ratios·BSY Institutional Holders
BSY SEC Filings & Documents
Bentley Systems, Incorporated (BSY) SEC filings — annual & quarterly reports (10-K, 10-Q)
BSY Frequently Asked Questions
Bentley Systems, Incorporated (BSY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Bentley Systems, Incorporated (BSY) reported $1.56B in revenue for fiscal year 2025. This represents a 125% increase from $691.7M in 2018.
Bentley Systems, Incorporated (BSY) grew revenue by 11.0% over the past year. This is steady growth.
Yes, Bentley Systems, Incorporated (BSY) is profitable, generating $281.9M in net income for fiscal year 2025 (18.5% net margin).
Dividend & Returns
Yes, Bentley Systems, Incorporated (BSY) pays a dividend with a yield of 0.87%. This makes it attractive for income-focused investors.
Bentley Systems, Incorporated (BSY) has a return on equity (ROE) of 24.9%. This is excellent, indicating efficient use of shareholder capital.
Bentley Systems, Incorporated (BSY) generated $491.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.