Bentley Systems, Incorporated (BSY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 518.23M | 539.03M | 526.83M | 439.52M | 446.06M | 442.07M | 403.82M | 386.69M | 473.69M | 419.56M | 374.24M | 391.46M | 431.74M | 415.89M | 326.15M | 355.49M | 414.06M | 615.83M | 400.1M | 405.49M |
| Cash & Short-Term Investments | 105.16M | 123.28M | 165.41M | 89.65M | 83.64M | 64.01M | 72.17M | 51.28M | 141.6M | 68.41M | 66.96M | 82.72M | 93.57M | 71.68M | 72.86M | 93.41M | 129.62M | 329.34M | 155.75M | 131.15M |
| Cash Only | 105.16M | 123.28M | 165.41M | 89.65M | 83.64M | 64.01M | 72.17M | 51.28M | 141.6M | 68.41M | 66.96M | 82.72M | 93.57M | 71.68M | 72.86M | 93.41M | 129.62M | 329.34M | 155.75M | 131.15M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 344.1M | 350.3M | 286.17M | 291.07M | 303.56M | 314.47M | 262.84M | 273.82M | 274.48M | 293.54M | 235.18M | 244.21M | 277.16M | 287.07M | 203.66M | 209.72M | 225.55M | 235.27M | 188.33M | 215.37M |
| Days Sales Outstanding | 73.67 | 74.77 | 70.7 | 74.31 | 75.06 | 75.91 | 73.65 | 75.52 | 76.52 | 78.29 | 71.92 | 79.94 | 80.76 | 78.67 | 70.87 | 73.82 | 75.26 | 71.73 | 73.87 | 80.98 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 68.97M | 65.46M | 57.92M | 50.02M | 50.06M | 50.53M | 52.95M | 43.1M | 46.72M | 44.8M | 46.13M | 44.04M | 39.85M | 38.73M | 32.22M | 34.72M | 32.64M | 34.35M | 35.06M | 26.86M |
| Total Non-Current Assets | 3.01B | 3.02B | 2.94B | 2.98B | 2.96B | 2.96B | 2.99B | 2.87B | 2.88B | 2.9B | 2.76B | 2.77B | 2.76B | 2.75B | 2.72B | 2.74B | 2.74B | 2.04B | 2.05B | 2.05B |
| Property, Plant & Equipment | 82.51M | 67.17M | 66.28M | 65.85M | 65.07M | 66.1M | 70.96M | 71.62M | 75.02M | 78.58M | 79.74M | 78.77M | 71.98M | 72.5M | 72.25M | 74.73M | 81.47M | 82.64M | 79.75M | 84.04M |
| Fixed Asset Turnover | 5.67x | 5.87x | 5.68x | 5.56x | 5.65x | 5.10x | 4.70x | 4.51x | 4.40x | 3.92x | 3.87x | 3.94x | 4.35x | 3.96x | 3.65x | 3.44x | 3.36x | 3.35x | 3.07x | 2.92x |
| Goodwill | 2.47B | 2.48B | 2.41B | 2.42B | 2.38B | 2.37B | 2.39B | 2.27B | 2.26B | 2.27B | 2.25B | 2.25B | 2.25B | 2.24B | 2.19B | 2.22B | 2.22B | 1.59B | 1.59B | 1.59B |
| Intangible Assets | 180.72M | 193.02M | 181.02M | 192.75M | 202.81M | 213.96M | 225.79M | 225.54M | 236.4M | 248.79M | 259.98M | 271.64M | 283.97M | 292.27M | 301.17M | 316.26M | 329.03M | 245.83M | 251.47M | 262.23M |
| Long-Term Investments | 27.88M | 27.92M | 50.57M | 25.84M | 25.87M | 25.76M | 24.72M | 24.26M | 23.64M | 23.48M | 30.33M | 27M | 32.01M | 22.27M | 21.69M | 10.67M | 8.68M | 6.44M | 5.43M | 6.87M |
| Other Non-Current Assets | 76.62M | 75.5M | 53.07M | 80.8M | 83.23M | 86.44M | 72.98M | 77.64M | 75.68M | 67.28M | 77.57M | 73.55M | 68.04M | 72.25M | 74.37M | 64.08M | 59.8M | 48.65M | 47.52M | 47.1M |
| Total Assets | 3.52B | 3.56B | 3.46B | 3.42B | 3.4B | 3.4B | 3.4B | 3.26B | 3.35B | 3.32B | 3.13B | 3.16B | 3.19B | 3.17B | 3.04B | 3.1B | 3.16B | 2.66B | 2.45B | 2.45B |
| Asset Turnover | 0.12x | 0.11x | 0.11x | 0.11x | 0.11x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.09x | 0.10x | 0.09x | 0.09x | 0.09x | 0.09x | 0.11x | 0.10x | 0.11x |
| Asset Growth % | 3.55% | 4.57% | 2% | 5.1% | 1.47% | 2.41% | 8.35% | 2.95% | 5.2% | 4.89% | 3.07% | 2.08% | 0.94% | 19.02% | 23.93% | 26.3% | 94.13% | 136.16% | 125.04% | 131.7% |
| Total Current Liabilities | 1.01B | 960.21M | 860.46M | 858.36M | 905.99M | 814.33M | 782.23M | 785.78M | 837.83M | 760.36M | 680.69M | 709.2M | 719.75M | 628.36M | 569.14M | 591.41M | 612.79M | 593.87M | 549.43M | 569.55M |
| Accounts Payable | 21.27M | 26.95M | 17.84M | 24.48M | 24.5M | 16.48M | 30.51M | 23.9M | 23.57M | 18.09M | 26.39M | 37.42M | 28.78M | 15.18M | 16.86M | 16.39M | 19.06M | 16.48M | 12.5M | 14.89M |
| Days Payables Outstanding | 29.41 | 29.06 | 26.97 | 32.4 | 28.08 | 31.83 | 38.61 | 34.18 | 30.66 | 30.18 | 45.39 | 45.35 | 29.44 | 23.63 | 25.85 | 27.02 | 28.67 | 22.38 | 23.23 | 26.25 |
| Short-Term Debt | 13.31M | 13.67M | 11.8M | 0 | 0 | 0 | 0 | 0 | 10M | 10M | 8.75M | 7.5M | 6.25M | 5M | 5M | 5M | 5M | 5M | 0 | 0 |
| Deferred Revenue (Current) | 265.98M | 278.24M | 662.57M | 661.44M | 691.98M | 262.72M | 241.49M | 252.77M | 258.43M | 270.71M | 228.55M | 246.16M | 249.44M | 240.68M | 200.09M | 214.4M | 229.95M | 237.41M | 203.09M | 227.85M |
| Other Current Liabilities | 706.3M | 641.35M | 64.88M | 80.85M | 94.98M | 471.69M | 436.94M | 437.8M | 478.18M | 383.63M | 353.33M | 346.7M | 360.81M | 296.93M | 290.23M | 287.43M | 295.61M | 268.15M | 269.93M | 259.13M |
| Current Ratio | 0.51x | 0.56x | 0.61x | 0.51x | 0.49x | 0.54x | 0.52x | 0.49x | 0.57x | 0.55x | 0.55x | 0.55x | 0.60x | 0.66x | 0.57x | 0.60x | 0.68x | 1.04x | 0.73x | 0.71x |
| Quick Ratio | 0.51x | 0.56x | 0.61x | 0.51x | 0.49x | 0.54x | 0.52x | 0.49x | 0.57x | 0.55x | 0.55x | 0.55x | 0.60x | 0.66x | 0.57x | 0.60x | 0.68x | 1.04x | 0.73x | 0.71x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.29B | 1.41B | 1.41B | 1.4B | 1.4B | 1.54B | 1.58B | 1.49B | 1.58B | 1.68B | 1.76B | 1.81B | 1.85B | 1.96B | 1.95B | 2.01B | 2.09B | 1.66B | 1.53B | 1.41B |
| Long-Term Debt | 1.15B | 1.25B | 1.25B | 1.25B | 1.24B | 1.39B | 1.42B | 1.33B | 1.43B | 1.52B | 1.58B | 1.63B | 1.67B | 1.78B | 1.78B | 1.83B | 1.87B | 1.43B | 1.3B | 1.27B |
| Capital Lease Obligations | 0 | 22.15M | 24.07M | 24.99M | 26.09M | 26.89M | 27.95M | 26.95M | 28.81M | 30.63M | 31.36M | 32.27M | 26.65M | 27.67M | 28.78M | 31.02M | 34.91M | 35.27M | 32.58M | 35.97M |
| Deferred Tax Liabilities | 4.66M | 4.37M | 9.35M | 8.77M | 8.29M | 8.61M | 11.81M | 11.9M | 10.39M | 9.72M | 43.53M | 37.77M | 46.56M | 51.23M | 43.82M | 49.49M | 58.32M | 65.01M | 69.47M | 70.68M |
| Other Non-Current Liabilities | 134.05M | 111.63M | 109.94M | 104.98M | 104M | 104.12M | 105.79M | 98.17M | 103.47M | 100.9M | 91.17M | 95.15M | 96.11M | 92.47M | 87.64M | 91.97M | 110.1M | 116.88M | 114.14M | 28.95M |
| Total Liabilities | 2.3B | 2.37B | 2.27B | 2.26B | 2.31B | 2.36B | 2.36B | 2.27B | 2.42B | 2.44B | 2.44B | 2.52B | 2.57B | 2.59B | 2.52B | 2.6B | 2.7B | 2.25B | 2.08B | 1.98B |
| Total Debt | 1.17B | 1.28B | 1.28B | 1.28B | 1.28B | 1.43B | 1.46B | 1.37B | 1.48B | 1.57B | 1.63B | 1.68B | 1.72B | 1.82B | 1.83B | 1.88B | 1.93B | 1.49B | 1.35B | 1.32B |
| Net Debt | 1.06B | 1.16B | 1.12B | 1.19B | 1.2B | 1.36B | 1.39B | 1.32B | 1.33B | 1.5B | 1.57B | 1.6B | 1.62B | 1.75B | 1.75B | 1.78B | 1.8B | 1.16B | 1.2B | 1.19B |
| Debt / Equity | 0.95x | 1.08x | 1.07x | 1.10x | 1.17x | 1.37x | 1.41x | 1.39x | 1.58x | 1.78x | 2.36x | 2.61x | 2.79x | 3.18x | 3.51x | 3.78x | 4.21x | 3.64x | 3.57x | 2.81x |
| Debt / EBITDA | 8.19x | 10.31x | 12.43x | 12.80x | 9.80x | 18.38x | 17.23x | 14.28x | 13.62x | 27.63x | 17.91x | 23.84x | 20.86x | 31.08x | 24.85x | 25.30x | 26.13x | 23.26x | - | 30.45x |
| Net Debt / EBITDA | 7.45x | 9.32x | 10.83x | 11.91x | 9.16x | 17.55x | 16.38x | 13.75x | 12.31x | 26.43x | 17.17x | 22.67x | 19.72x | 29.86x | 23.86x | 24.04x | 24.37x | 18.11x | - | 27.43x |
| Interest Coverage | 16.69x | 4.55x | 50.79x | 21.08x | 26.37x | 11.97x | 12.18x | 13.57x | 13.67x | 2.97x | 7.42x | 5.42x | 5.86x | 4.34x | 7.08x | 7.68x | 9.81x | 12.32x | -9.96x | 11.45x |
| Total Equity | 1.23B | 1.19B | 1.2B | 1.16B | 1.1B | 1.04B | 1.03B | 984.51M | 932.61M | 883.98M | 692.16M | 643.77M | 614.19M | 573.45M | 520.2M | 496.99M | 457.65M | 409.22M | 379M | 471.81M |
| Equity Growth % | 11.68% | 14.25% | 15.6% | 18.05% | 17.7% | 17.78% | 49.39% | 52.93% | 51.84% | 54.15% | 33.06% | 29.53% | 34.2% | 40.13% | 37.26% | 5.34% | 29.28% | 19.8% | 5183.67% | 3721.54% |
| Book Value per Share | 3.81 | 3.57 | 3.59 | 3.49 | 3.29 | 3.12 | 3.10 | 2.95 | 2.80 | 2.65 | 2.08 | 1.94 | 1.85 | 1.77 | 1.60 | 1.50 | 1.38 | 1.30 | 1.23 | 1.45 |
| Total Shareholders' Equity | 1.23B | 1.19B | 1.2B | 1.16B | 1.1B | 1.04B | 1.03B | 983.8M | 931.9M | 883.28M | 691.46M | 643.07M | 613.49M | 572.75M | 520.2M | 496.99M | 457.65M | 409.22M | 379M | 471.81M |
| Common Stock | 3.04M | 3.02M | 3.03M | 3.03M | 3.03M | 3.02M | 3.02M | 3M | 2.98M | 2.96M | 2.95M | 2.95M | 2.92M | 2.89M | 2.88M | 2.88M | 2.85M | 2.83M | 2.82M | 2.81M |
| Retained Earnings | -22.44M | -40.26M | -13.87M | -31.37M | -47.68M | -75.94M | -88.2M | -102.56M | -132.59M | -161.93M | -325.18M | -357.12M | -360.9M | -370.87M | -385.83M | -397.96M | -427.37M | -439.63M | -463.35M | -387.06M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -80.73M | -74.56M | -77.44M | -69.09M | -97.58M | -104.08M | -82.96M | -93.26M | -92.62M | -84.99M | -95.13M | -87.83M | -89.37M | -89.74M | -101.93M | -89.13M | -75.32M | -91.77M | -81.88M | -54.89M |
| Minority Interest | 41K | 79K | 47K | 129K | 107K | 133K | 704K | 704K | 704K | 704K | 704K | 704K | 704K | 704K | 0 | 0 | 0 | 0 | 0 | 0 |