Bentley Systems Financial Statements
NASDAQ: BSYTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Bentley Systems revenue and earnings
In fiscal 2025, Bentley Systems generated $1.50 billion in revenue, up 11.0% from fiscal 2024, its 7th consecutive year of revenue growth. Net income was $277.9 million (+18.3% year over year), for a net margin of 18.5% versus a median of 15.9% in the prior 5 years. Gross margin was 81.5% (up from 80.9%) and operating margin 24.1%.
Diluted earnings per share came in at $0.85, up from $0.72. Over the last 5 fiscal years, BSY's revenue has grown at a 13.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Bentley Systems income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.50B | 1.35B | 1.23B | 1.10B | 965.05M | 801.54M | 734.85M | 691.71M |
| Revenue growth (YoY) | +10.99% | +10.15% | +11.77% | +13.89% | +20.40% | +9.08% | +6.24% | — |
| Cost of Revenue | 277.53M | 257.77M | 266.08M | 237.01M | 216.54M | 167.16M | 144.15M | 131.32M |
| Gross Profit | 1.22B | 1.10B | 962.33M | 862.07M | 748.51M | 634.39M | 592.50M | 560.39M |
| Operating Expenses | 861.63M | 793.18M | 731.79M | 653.46M | 653.92M | 484.24M | 450.64M | 439.00M |
| Research & Development | 307.58M | 281.25M | 274.62M | 257.86M | 220.91M | 185.51M | 183.55M | 175.03M |
| Selling, General & Admin | 506.88M | 465.55M | 405.07M | 370.27M | 312.36M | 257.06M | 252.47M | 249.96M |
| Operating Income | 362.62M | 302.15M | 230.54M | 208.61M | 94.59M | 150.15M | 141.87M | 121.39M |
| Interest Expense | 7.58M | 16.97M | 34.97M | 35.06M | 11.53M | 7.22M | 9.73M | 9.61M |
| Other Income (Expense) | 547.00K | 12.95M | -7.22M | 24.30M | 9.96M | 24.25M | -5.56M | 236.00K |
| Pretax Income | 350.73M | 293.06M | 183.53M | 198.28M | 93.33M | 167.62M | 128.11M | 112.86M |
| Income Tax | 72.98M | 58.73M | -143.24M | 21.28M | -3.45M | 38.63M | 23.74M | -29.25M |
| Net Income | 277.86M | 234.79M | 326.79M | 174.78M | 93.19M | 126.52M | 103.10M | 142.11M |
| Net Income growth (YoY) | +18.35% | -28.15% | +86.97% | +87.55% | -26.34% | +22.72% | -27.45% | — |
| EPS (Basic) | 0.88 | 0.75 | 1.05 | 0.57 | 0.30 | 0.44 | 0.36 | 0.50 |
| EPS (Diluted) | 0.85 | 0.72 | 1.00 | 0.55 | 0.30 | 0.42 | 0.35 | 0.49 |
| Shares Outstanding (Basic) | 314.69M | 314.89M | 312.36M | 309.23M | 305.71M | 289.86M | 284.63M | 285.81M |
| Shares Outstanding (Diluted) | 333.09M | 333.77M | 332.50M | 331.77M | 314.61M | 299.37M | 293.80M | 292.62M |
| EBITDA | — | — | — | 280.15M | 147.38M | 186.27M | 174.03M | 150.59M |
| Gross Margin | 81.52% | 80.95% | 78.34% | 78.44% | 77.56% | 79.15% | 80.63% | 81.01% |
| Operating Margin | 24.15% | 22.33% | 18.77% | 18.98% | 9.80% | 18.73% | 19.31% | 17.55% |
| Net Margin | 18.50% | 17.35% | 26.60% | 15.90% | 9.66% | 15.78% | 14.03% | 20.55% |
This table shows 8 annual periods of Bentley Systems's income statement, from FY 2025 back to FY 2018, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BSY's reporting calendar. What is a income statement?