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Side-by-side financial comparison of BENTLEY SYSTEMS INC (BSY) and SHOE CARNIVAL INC (SCVL). Click either name above to swap in a different company.

BENTLEY SYSTEMS INC is the larger business by last-quarter revenue ($391.6M vs $297.2M, roughly 1.3× SHOE CARNIVAL INC). BENTLEY SYSTEMS INC runs the higher net margin — 15.0% vs 4.9%, a 10.0% gap on every dollar of revenue. On growth, BENTLEY SYSTEMS INC posted the faster year-over-year revenue change (11.9% vs -3.2%). BENTLEY SYSTEMS INC produced more free cash flow last quarter ($136.2M vs $19.7M). Over the past eight quarters, BENTLEY SYSTEMS INC's revenue compounded faster (7.7% CAGR vs 3.0%).

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...

Shoe Carnival Inc. is an American retailer of family footwear. The company operates 429 stores throughout the midwest, south, and southeast regions, and Puerto Rico. It was founded by David Russell in 1978 and is headquartered in Fort Mill, South Carolina as of 2025.

BSY vs SCVL — Head-to-Head

Bigger by revenue
BSY
BSY
1.3× larger
BSY
$391.6M
$297.2M
SCVL
Growing faster (revenue YoY)
BSY
BSY
+15.1% gap
BSY
11.9%
-3.2%
SCVL
Higher net margin
BSY
BSY
10.0% more per $
BSY
15.0%
4.9%
SCVL
More free cash flow
BSY
BSY
$116.5M more FCF
BSY
$136.2M
$19.7M
SCVL
Faster 2-yr revenue CAGR
BSY
BSY
Annualised
BSY
7.7%
3.0%
SCVL

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BSY
BSY
SCVL
SCVL
Revenue
$391.6M
$297.2M
Net Profit
$58.6M
$14.6M
Gross Margin
81.9%
37.6%
Operating Margin
20.0%
6.3%
Net Margin
15.0%
4.9%
Revenue YoY
11.9%
-3.2%
Net Profit YoY
17.1%
-23.9%
EPS (diluted)
$0.17
$0.53

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
SCVL
SCVL
Q4 25
$391.6M
$297.2M
Q3 25
$375.5M
$306.4M
Q2 25
$364.1M
$277.7M
Q1 25
$370.5M
$262.9M
Q4 24
$349.8M
$306.9M
Q3 24
$335.2M
$332.7M
Q2 24
$330.3M
$300.4M
Q1 24
$337.8M
$280.2M
Net Profit
BSY
BSY
SCVL
SCVL
Q4 25
$58.6M
$14.6M
Q3 25
$57.4M
$19.2M
Q2 25
$70.5M
$9.3M
Q1 25
$91.4M
$14.7M
Q4 24
$50.1M
$19.2M
Q3 24
$42.3M
$22.6M
Q2 24
$72.0M
$17.3M
Q1 24
$70.3M
$15.5M
Gross Margin
BSY
BSY
SCVL
SCVL
Q4 25
81.9%
37.6%
Q3 25
80.8%
38.8%
Q2 25
81.1%
34.5%
Q1 25
82.3%
34.9%
Q4 24
80.6%
36.0%
Q3 24
80.7%
36.1%
Q2 24
80.9%
35.6%
Q1 24
81.7%
35.6%
Operating Margin
BSY
BSY
SCVL
SCVL
Q4 25
20.0%
6.3%
Q3 25
22.5%
8.2%
Q2 25
23.2%
4.3%
Q1 25
31.1%
5.3%
Q4 24
17.6%
8.0%
Q3 24
20.5%
9.0%
Q2 24
24.3%
7.5%
Q1 24
27.2%
7.1%
Net Margin
BSY
BSY
SCVL
SCVL
Q4 25
15.0%
4.9%
Q3 25
15.3%
6.3%
Q2 25
19.4%
3.4%
Q1 25
24.7%
5.6%
Q4 24
14.3%
6.3%
Q3 24
12.6%
6.8%
Q2 24
21.8%
5.8%
Q1 24
20.8%
5.5%
EPS (diluted)
BSY
BSY
SCVL
SCVL
Q4 25
$0.17
$0.53
Q3 25
$0.18
$0.70
Q2 25
$0.22
$0.34
Q1 25
$0.28
$0.53
Q4 24
$0.15
$0.70
Q3 24
$0.13
$0.82
Q2 24
$0.22
$0.63
Q1 24
$0.22
$0.57

Balance Sheet & Financial Strength

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

Metric
BSY
BSY
SCVL
SCVL
Cash + ST InvestmentsLiquidity on hand
$123.3M
$107.7M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.2B
$683.2M
Total Assets
$3.6B
$1.2B
Debt / EquityLower = less leverage
1.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BSY
BSY
SCVL
SCVL
Q4 25
$123.3M
$107.7M
Q3 25
$165.4M
$91.9M
Q2 25
$89.6M
$93.0M
Q1 25
$83.6M
$123.1M
Q4 24
$64.0M
$91.1M
Q3 24
$72.2M
$84.5M
Q2 24
$51.3M
$69.5M
Q1 24
$141.6M
$111.2M
Total Debt
BSY
BSY
SCVL
SCVL
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.3B
Q1 24
$1.4B
Stockholders' Equity
BSY
BSY
SCVL
SCVL
Q4 25
$1.2B
$683.2M
Q3 25
$1.2B
$670.7M
Q2 25
$1.2B
$653.6M
Q1 25
$1.1B
$649.0M
Q4 24
$1.0B
$635.7M
Q3 24
$1.0B
$618.5M
Q2 24
$984.5M
$597.8M
Q1 24
$932.6M
$583.4M
Total Assets
BSY
BSY
SCVL
SCVL
Q4 25
$3.6B
$1.2B
Q3 25
$3.5B
$1.2B
Q2 25
$3.4B
$1.1B
Q1 25
$3.4B
$1.1B
Q4 24
$3.4B
$1.1B
Q3 24
$3.4B
$1.1B
Q2 24
$3.3B
$1.1B
Q1 24
$3.4B
$1.0B
Debt / Equity
BSY
BSY
SCVL
SCVL
Q4 25
1.05×
Q3 25
1.04×
Q2 25
1.07×
Q1 25
1.13×
Q4 24
1.33×
Q3 24
1.37×
Q2 24
1.36×
Q1 24
1.54×

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
SCVL
SCVL
Operating Cash FlowLast quarter
$141.6M
$33.6M
Free Cash FlowOCF − Capex
$136.2M
$19.7M
FCF MarginFCF / Revenue
34.8%
6.6%
Capex IntensityCapex / Revenue
1.4%
4.7%
Cash ConversionOCF / Net Profit
2.41×
2.30×
TTM Free Cash FlowTrailing 4 quarters
$520.2M
$35.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BSY
BSY
SCVL
SCVL
Q4 25
$141.6M
$33.6M
Q3 25
$116.4M
$13.3M
Q2 25
$61.1M
$-9.6M
Q1 25
$219.4M
$44.5M
Q4 24
$81.6M
$17.3M
Q3 24
$86.1M
$23.7M
Q2 24
$62.6M
$17.1M
Q1 24
$205.0M
$53.4M
Free Cash Flow
BSY
BSY
SCVL
SCVL
Q4 25
$136.2M
$19.7M
Q3 25
$110.7M
$2.2M
Q2 25
$57.0M
$-23.0M
Q1 25
$216.4M
$36.2M
Q4 24
$76.1M
$8.3M
Q3 24
$84.3M
$18.2M
Q2 24
$59.5M
$6.9M
Q1 24
$201.4M
$40.7M
FCF Margin
BSY
BSY
SCVL
SCVL
Q4 25
34.8%
6.6%
Q3 25
29.5%
0.7%
Q2 25
15.7%
-8.3%
Q1 25
58.4%
13.8%
Q4 24
21.7%
2.7%
Q3 24
25.1%
5.5%
Q2 24
18.0%
2.3%
Q1 24
59.6%
14.5%
Capex Intensity
BSY
BSY
SCVL
SCVL
Q4 25
1.4%
4.7%
Q3 25
1.5%
3.6%
Q2 25
1.1%
4.8%
Q1 25
0.8%
3.2%
Q4 24
1.6%
3.0%
Q3 24
0.5%
1.7%
Q2 24
0.9%
3.4%
Q1 24
1.1%
4.5%
Cash Conversion
BSY
BSY
SCVL
SCVL
Q4 25
2.41×
2.30×
Q3 25
2.03×
0.69×
Q2 25
0.87×
-1.03×
Q1 25
2.40×
3.04×
Q4 24
1.63×
0.90×
Q3 24
2.03×
1.05×
Q2 24
0.87×
0.99×
Q1 24
2.92×
3.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BSY
BSY

Enterprise License Subscriptions$163.4M42%
Term License Subscriptions$122.7M31%
SELECT Subscriptions$70.6M18%
Professional Services Other$17.2M4%
Perpetual Licenses$14.3M4%
Professional Services Recurring$3.5M1%

SCVL
SCVL

Segment breakdown not available.

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