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Side-by-side financial comparison of BENTLEY SYSTEMS INC (BSY) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.

Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $424.2M, roughly 1.9× BENTLEY SYSTEMS INC). BENTLEY SYSTEMS INC runs the higher net margin — 22.5% vs 2.1%, a 20.4% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 14.5%). BENTLEY SYSTEMS INC produced more free cash flow last quarter ($187.9M vs $47.1M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 13.3%).

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...

Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.

BSY vs ROAD — Head-to-Head

Bigger by revenue
ROAD
ROAD
1.9× larger
ROAD
$809.5M
$424.2M
BSY
Growing faster (revenue YoY)
ROAD
ROAD
+29.7% gap
ROAD
44.1%
14.5%
BSY
Higher net margin
BSY
BSY
20.4% more per $
BSY
22.5%
2.1%
ROAD
More free cash flow
BSY
BSY
$140.8M more FCF
BSY
$187.9M
$47.1M
ROAD
Faster 2-yr revenue CAGR
ROAD
ROAD
Annualised
ROAD
47.6%
13.3%
BSY

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BSY
BSY
ROAD
ROAD
Revenue
$424.2M
$809.5M
Net Profit
$95.3M
$17.2M
Gross Margin
82.6%
15.0%
Operating Margin
29.8%
6.2%
Net Margin
22.5%
2.1%
Revenue YoY
14.5%
44.1%
Net Profit YoY
4.4%
663.9%
EPS (diluted)
$0.30
$0.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BSY
BSY
ROAD
ROAD
Q1 26
$424.2M
Q4 25
$391.6M
$809.5M
Q3 25
$375.5M
$899.8M
Q2 25
$364.1M
$779.3M
Q1 25
$370.5M
$571.6M
Q4 24
$349.8M
$561.6M
Q3 24
$335.2M
$538.2M
Q2 24
$330.3M
$517.8M
Net Profit
BSY
BSY
ROAD
ROAD
Q1 26
$95.3M
Q4 25
$58.6M
$17.2M
Q3 25
$57.4M
$56.6M
Q2 25
$70.5M
$44.0M
Q1 25
$91.4M
$4.2M
Q4 24
$50.1M
$-3.1M
Q3 24
$42.3M
$29.3M
Q2 24
$72.0M
$30.9M
Gross Margin
BSY
BSY
ROAD
ROAD
Q1 26
82.6%
Q4 25
81.9%
15.0%
Q3 25
80.8%
17.7%
Q2 25
81.1%
16.9%
Q1 25
82.3%
12.5%
Q4 24
80.6%
13.6%
Q3 24
80.7%
15.6%
Q2 24
80.9%
16.1%
Operating Margin
BSY
BSY
ROAD
ROAD
Q1 26
29.8%
Q4 25
20.0%
6.2%
Q3 25
22.5%
11.2%
Q2 25
23.2%
10.6%
Q1 25
31.1%
4.8%
Q4 24
17.6%
2.5%
Q3 24
20.5%
8.5%
Q2 24
24.3%
8.8%
Net Margin
BSY
BSY
ROAD
ROAD
Q1 26
22.5%
Q4 25
15.0%
2.1%
Q3 25
15.3%
6.3%
Q2 25
19.4%
5.7%
Q1 25
24.7%
0.7%
Q4 24
14.3%
-0.5%
Q3 24
12.6%
5.4%
Q2 24
21.8%
6.0%
EPS (diluted)
BSY
BSY
ROAD
ROAD
Q1 26
$0.30
Q4 25
$0.17
$0.31
Q3 25
$0.18
$1.03
Q2 25
$0.22
$0.79
Q1 25
$0.28
$0.08
Q4 24
$0.15
$-0.06
Q3 24
$0.13
$0.55
Q2 24
$0.22
$0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BSY
BSY
ROAD
ROAD
Cash + ST InvestmentsLiquidity on hand
$105.2M
$104.1M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.2B
$969.1M
Total Assets
$3.5B
$3.4B
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BSY
BSY
ROAD
ROAD
Q1 26
$105.2M
Q4 25
$123.3M
$104.1M
Q3 25
$165.4M
$156.1M
Q2 25
$89.6M
$114.3M
Q1 25
$83.6M
$101.9M
Q4 24
$64.0M
$132.5M
Q3 24
$72.2M
$74.7M
Q2 24
$51.3M
$56.3M
Total Debt
BSY
BSY
ROAD
ROAD
Q1 26
$1.1B
Q4 25
$1.2B
Q3 25
$1.2B
$1.6B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.4B
Q3 24
$1.4B
$515.0M
Q2 24
$1.3B
Stockholders' Equity
BSY
BSY
ROAD
ROAD
Q1 26
$1.2B
Q4 25
$1.2B
$969.1M
Q3 25
$1.2B
$912.0M
Q2 25
$1.2B
$853.3M
Q1 25
$1.1B
$807.9M
Q4 24
$1.0B
$811.1M
Q3 24
$1.0B
$573.7M
Q2 24
$984.5M
$552.9M
Total Assets
BSY
BSY
ROAD
ROAD
Q1 26
$3.5B
Q4 25
$3.6B
$3.4B
Q3 25
$3.5B
$3.2B
Q2 25
$3.4B
$2.9B
Q1 25
$3.4B
$2.8B
Q4 24
$3.4B
$2.6B
Q3 24
$3.4B
$1.5B
Q2 24
$3.3B
$1.4B
Debt / Equity
BSY
BSY
ROAD
ROAD
Q1 26
0.91×
Q4 25
1.05×
Q3 25
1.04×
1.78×
Q2 25
1.07×
Q1 25
1.13×
Q4 24
1.33×
Q3 24
1.37×
0.90×
Q2 24
1.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BSY
BSY
ROAD
ROAD
Operating Cash FlowLast quarter
$193.4M
$82.6M
Free Cash FlowOCF − Capex
$187.9M
$47.1M
FCF MarginFCF / Revenue
44.3%
5.8%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
2.03×
4.80×
TTM Free Cash FlowTrailing 4 quarters
$491.7M
$186.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BSY
BSY
ROAD
ROAD
Q1 26
$193.4M
Q4 25
$141.6M
$82.6M
Q3 25
$116.4M
$112.0M
Q2 25
$61.1M
$83.0M
Q1 25
$219.4M
$55.6M
Q4 24
$81.6M
$40.7M
Q3 24
$86.1M
$95.9M
Q2 24
$62.6M
$34.6M
Free Cash Flow
BSY
BSY
ROAD
ROAD
Q1 26
$187.9M
Q4 25
$136.2M
$47.1M
Q3 25
$110.7M
$78.9M
Q2 25
$57.0M
$46.4M
Q1 25
$216.4M
$14.2M
Q4 24
$76.1M
$13.8M
Q3 24
$84.3M
$78.4M
Q2 24
$59.5M
$19.7M
FCF Margin
BSY
BSY
ROAD
ROAD
Q1 26
44.3%
Q4 25
34.8%
5.8%
Q3 25
29.5%
8.8%
Q2 25
15.7%
5.9%
Q1 25
58.4%
2.5%
Q4 24
21.7%
2.5%
Q3 24
25.1%
14.6%
Q2 24
18.0%
3.8%
Capex Intensity
BSY
BSY
ROAD
ROAD
Q1 26
Q4 25
1.4%
4.4%
Q3 25
1.5%
3.7%
Q2 25
1.1%
4.7%
Q1 25
0.8%
7.2%
Q4 24
1.6%
4.8%
Q3 24
0.5%
3.3%
Q2 24
0.9%
2.9%
Cash Conversion
BSY
BSY
ROAD
ROAD
Q1 26
2.03×
Q4 25
2.41×
4.80×
Q3 25
2.03×
1.98×
Q2 25
0.87×
1.88×
Q1 25
2.40×
13.20×
Q4 24
1.63×
Q3 24
2.03×
3.27×
Q2 24
0.87×
1.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BSY
BSY

Subscriptions$392.5M93%
Services$22.6M5%
Perpetual licenses$9.1M2%

ROAD
ROAD

Segment breakdown not available.

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