Financials in USD. Standardized financial statements.
A compact view of how Bentley Systems, Incorporated turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.50B | $1.35B | $1.23B | $1.10B | $965.05M | $801.54M | $736.65M | $691.71M |
| Revenue Growth? | +11.0% | +10.1% | +11.8% | +13.9% | +20.4% | +8.8% | +6.5% | 0.0% |
| Cost of Revenue? | $277.53M | $257.77M | $318.18M | $237.01M | $216.54M | $167.16M | $144.15M | $131.32M |
| Gross Profit? | $1.22B | $1.10B | $910.24M | $862.07M | $748.51M | $634.39M | $592.50M | $560.39M |
| Gross Margin? | +81.5% | +80.9% | +74.1% | +78.4% | +77.6% | +79.1% | +80.4% | +81.0% |
| Operating Expenses? | $861.63M | $793.18M | $679.69M | $653.46M | $653.92M | $484.24M | $450.64M | $439.00M |
| Operating Income? | $362.62M | $302.15M | $230.54M | $208.61M | $94.59M | $150.15M | $141.87M | $121.39M |
| EBITDA? | $429.05M | $382.44M | $288.44M | $304.87M | $152.34M | $210.95M | $170.00M | $148.61M |
| Income Before Tax | $350.73M | $293.16M | $183.53M | $196.06M | $93.33M | $165.15M | $126.83M | $112.86M |
| Income Tax Expense | $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 |
| EPS? | $0.88 | $0.75 | $1.07 | $0.57 | $0.30 | $0.44 | $0.39 | $0.54 |
| Diluted EPS? | $0.85 | $0.72 | $1.00 | $0.53 | $0.30 | $0.42 | $0.39 | $0.54 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality