Bentley Systems Cash Flow Statement
NASDAQ: BSYTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Bentley Systems free cash flow
In fiscal 2025, Bentley Systems generated $538.5 million of operating cash flow and spent $18.3 million on capital expenditures. That left free cash flow of $520.2 million, a free-cash-flow margin of 34.6% of revenue. Free cash flow was up 23.5% from the prior year's $421.2 million.
Bentley Systems returned $210.0 million to shareholders: $85.0 million in dividends and $125.1 million in share repurchases, equal to 40% of free cash flow. Free cash flow covered dividend payments 6.1 times.
Summary generated from market data by MetaCap's automated system. Methodology
Bentley Systems cash flow 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 |
|---|---|---|---|---|---|---|---|---|
| Net Income | 277.79M | 234.43M | 326.79M | 174.78M | 93.19M | 126.52M | 103.10M | 142.11M |
| Net Income growth (YoY) | +18.50% | -28.26% | +86.97% | +87.55% | -26.34% | +22.72% | -27.45% | — |
| Depreciation & Amortization | — | — | — | 71.54M | 52.79M | 36.12M | 32.16M | 29.20M |
| Stock-Based Compensation | 72.58M | 74.42M | 72.97M | 75.21M | 49.05M | 32.11M | 8.09M | 7.88M |
| Change in Working Capital | -7.47M | -56.50M | 9.70M | -15.41M | 32.04M | 74.71M | 19.79M | 19.54M |
| Operating Cash Flow | 538.46M | 435.29M | 416.70M | 274.32M | 288.02M | 258.34M | 170.77M | 161.47M |
| Capital Expenditures | -18.25M | -14.05M | -25.00M | -18.55M | -17.54M | -16.45M | -16.64M | -18.62M |
| Investing Cash Flow | -112.31M | -143.27M | -60.50M | -770.13M | -1.06B | -117.33M | -53.69M | -154.76M |
| Dividends Paid | -84.96M | -72.11M | -58.76M | -34.49M | -33.40M | -422.65M | -24.99M | -20.06M |
| Share Repurchases | -125.06M | -64.36M | 0 | -28.25M | 0 | 0 | -24.17M | -46.45M |
| Financing Cash Flow | -376.30M | -289.85M | -359.07M | 243.03M | 982.58M | -136.51M | -77.05M | -58.80M |
| Net Change in Cash | 59.27M | -4.40M | -3.27M | -257.65M | 207.33M | 905.00K | 39.92M | -53.28M |
| Free Cash Flow | 520.21M | 421.25M | 391.69M | 255.78M | 270.49M | 241.89M | 154.13M | 142.85M |
This table shows 8 annual periods of Bentley Systems's cash flow statement, from FY 2025 back to FY 2018, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow BSY's reporting calendar. What is a cash flow statement?