BENTLEY SYSTEMS INCBSYEarnings & Financial Report
Bentley Systems, Incorporated is a US-based software development company that develops, manufactures, licenses, sells and supports computer software and services for the design, construction, and operation of infrastructure globally. The company's software serves the building, plant, civil, and geospatial markets in the areas of architecture, engineering, construction (AEC) and operations. Their software products are used to design, engineer, build, and operate large constructed assets such a...
BSY Q1 FY2026 Key Financial Metrics
Revenue
$424.2M
Gross Profit
$350.4M
Operating Profit
$126.3M
Net Profit
$95.3M
Gross Margin
82.6%
Operating Margin
29.8%
Net Margin
22.5%
YoY Growth
14.5%
EPS
$0.30
BENTLEY SYSTEMS INC Q1 FY2026 Financial Summary
BENTLEY SYSTEMS INC reported revenue of $424.2M (up 14.5% YoY) for Q1 FY2026, with a net profit of $95.3M (up 4.4% YoY) (22.5% margin). Cost of goods sold was $73.8M, operating expenses totaled $224.1M.
Key Financial Metrics
| Total Revenue | $424.2M |
|---|---|
| Net Profit | $95.3M |
| Gross Margin | 82.6% |
| Operating Margin | 29.8% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
BENTLEY SYSTEMS INC Q1 FY2026 revenue of $424.2M breaks down across 3 segments, led by Subscriptions at $392.5M (92.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscriptions | $392.5M | 92.5% |
| Services | $22.6M | 5.3% |
| Perpetual licenses | $9.1M | 2.1% |
BENTLEY SYSTEMS INC Annual Revenue by Year
BENTLEY SYSTEMS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B).
BENTLEY SYSTEMS INC Quarterly Revenue & Net Profit History
BENTLEY SYSTEMS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $424.2M | +14.5% | $95.3M | 22.5% |
| Q4 FY2025 | $391.6M | +11.9% | $58.6M | 15.0% |
| Q3 FY2025 | $375.5M | +12.0% | $57.4M | 15.3% |
| Q2 FY2025 | $364.1M | +10.2% | $70.5M | 19.4% |
| Q1 FY2025 | $370.5M | +9.7% | $91.4M | 24.7% |
| Q4 FY2024 | $349.8M | +12.6% | $50.1M | 14.3% |
| Q3 FY2024 | $335.2M | +9.3% | $42.3M | 12.6% |
| Q2 FY2024 | $330.3M | +11.3% | $72.0M | 21.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $330.3M | $335.2M | $349.8M | $370.5M | $364.1M | $375.5M | $391.6M | $424.2M |
| YoY Growth | 11.3% | 9.3% | 12.6% | 9.7% | 10.2% | 12.0% | 11.9% | 14.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.26B | $3.40B | $3.40B | $3.40B | $3.42B | $3.46B | $3.56B | $3.52B |
| Liabilities | $2.27B | $2.36B | $2.36B | $2.31B | $2.26B | $2.27B | $2.37B | $2.30B |
| Equity | $984.5M | $1.03B | $1.04B | $1.10B | $1.16B | $1.20B | $1.19B | $1.23B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $62.6M | $86.1M | $81.6M | $219.4M | $61.1M | $116.4M | $141.6M | $193.4M |