Bentley Systems, Incorporated (BSY) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2025)
BSY's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
BSY Revenue Analysis (2018–2025)
As of March 2, 2026, Bentley Systems, Incorporated (BSY) generated trailing twelve-month (TTM) revenue of $1.50 billion, reflecting strong growth of +11.9% year-over-year. The most recent quarter (Q4 2025) recorded $391.6 million in revenue, up 4.3% sequentially.
Looking at the longer-term picture, BSY's 5-year compound annual growth rate (CAGR) stands at +13.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $1.50 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows BSY's business is primarily driven by Subscriptions And Licenses (28%), Subscription and Circulation (28%), and Enterprise License Subscriptions (12%).
When compared to Technology sector peers including CDNS (+14.1% YoY), ADSK (+10.9% YoY), and PTC (+23.6% YoY), BSY has underperformed the peer group in terms of revenue growth. Compare BSY vs CDNS →
Peer Comparison
Compare BSY's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BSYCurrent | $1.5B | +11.9% | +13.4% | 24.1% | |
| CDNS | $5.3B | +14.1% | +14.6% | 31.1% | |
| ADSK | $6.8B | +10.9% | +12.3% | 23.3% | |
| PTC | $2.7B | +23.6% | +13.4% | 35.9% | |
| FIG | $1.1B | - | - | -122.2% | |
| PDFS | $179M | +21.2% | +16.0% | -0.3% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.50B | +11.0% | $1.22B | 81.5% | $362.6M | 24.1% |
| 2024 | $1.35B | +10.1% | $1.10B | 80.9% | $302.1M | 22.3% |
| 2023 | $1.23B | +11.8% | $910.2M | 74.1% | $230.5M | 18.8% |
| 2022 | $1.10B | +13.9% | $862.1M | 78.4% | $208.6M | 19.0% |
| 2021 | $965.0M | +20.4% | $748.5M | 77.6% | $94.6M | 9.8% |
| 2020 | $801.5M | +8.8% | $634.4M | 79.1% | $150.2M | 18.7% |
| 2019 | $736.7M | +6.5% | $592.5M | 80.4% | $141.9M | 19.3% |
| 2018 | $691.7M | - | $560.4M | 81.0% | $121.4M | 17.5% |
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Start ComparisonFrequently Asked Questions
Is BSY's revenue growth accelerating or slowing?
BSY maintains +11.9% revenue growth, in line with its 5-year CAGR of +13.4%. TTM revenue stands at $1.5B. Growth rate remains consistent with historical average.
What is BSY's long-term revenue growth rate?
Bentley Systems, Incorporated's 5-year revenue CAGR of +13.4% reflects the sustained expansion pattern. Current YoY growth of +11.9% is near this long-term average.
How is BSY's revenue distributed by segment?
BSY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.