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...
Revenue
$364.1M
Gross Profit
$295.3M
Operating Profit
$84.4M
Net Profit
$70.5M
Gross Margin
81.1%
Operating Margin
23.2%
Net Margin
19.4%
YoY Growth
10.2%
EPS
$0.22
BENTLEY SYSTEMS INC Q2 FY2025 Financial Summary
BENTLEY SYSTEMS INC reported revenue of $364.1M (up 10.2% YoY) for Q2 FY2025, with a net profit of $70.5M (down 2.2% YoY) (19.4% margin). Cost of goods sold was $68.8M, operating expenses totaled $210.9M.
Key Financial Metrics
| Total Revenue | $364.1M |
|---|---|
| Net Profit | $70.5M |
| Gross Margin | 81.1% |
| Operating Margin | 23.2% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
BENTLEY SYSTEMS INC Q2 FY2025 revenue of $364.1M breaks down across 6 segments, led by Enterprise License Subscriptions at $151.7M (41.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Enterprise License Subscriptions | $151.7M | 41.7% |
| Term License Subscriptions | $114.5M | 31.4% |
| SELECT Subscriptions | $67.3M | 18.5% |
| Professional Services Other | $16.0M | 4.4% |
| Perpetual Licenses | $10.2M | 2.8% |
| Professional Services Recurring | $4.5M | 1.2% |
BENTLEY SYSTEMS INC Revenue by Segment — Quarterly Trend
BENTLEY SYSTEMS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Enterprise License Subscriptions and Term License Subscriptions) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Enterprise License Subscriptions | — | $163.4M | $157.5M | $151.7M |
| Term License Subscriptions | — | $122.7M | $119.5M | $114.5M |
| SELECT Subscriptions | — | $70.6M | $67.2M | $67.3M |
| Professional Services Other | — | $17.2M | $16.8M | $16.0M |
| Perpetual Licenses | — | $14.3M | $10.9M | $10.2M |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.5B |
| 2024 | $1.4B |
| 2023 | $1.2B |
| 2022 | $1.1B |
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 |