BSY · XBRL financial data

Bentley Systems financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (BSY's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	802	965	1,099	1,228	1,353	1,502
Cost of revenue	167	217	237	266	258	278
Gross profit	634	749	862	962	1,095	1,224
Research and development	186	221	258	275	281	308
General and administrative	113	150	175	181	210	217
Total operating expenses	484	654	653	732	793	862
Operating income (loss)	150	95	209	231	302	363
Interest income	0	0	0	2	3	3
Interest expense	8	13	35	35	17	8
Other income (expense)	25	11	24	(7)	13	1
Income tax expense (benefit)	39	(3)	21	(143)	59	73
Net income (loss)	127	93	175	327	235	278
Earnings per share, basic USD per share	0.44	0.30	0.57	1.05	0.75	0.88
Earnings per share, diluted USD per share	0.42	0.30	0.55	1.00	0.72	0.85
Weighted average shares, basic millions of shares	290	306	309	312	315	315
Weighted average shares, diluted millions of shares	299	315	332	333	334	333

Fiscal years (BSY's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	122	329	72	68	64	123
Prepaid and other current assets	—	—	—	—	51	53
Total current assets	340	616	416	420	442	539
Property and equipment, net	—	—	—	—	—	36
Right-of-use asset	46	51	40	38	32	31
Goodwill	581	1,588	2,237	2,269	2,367	2,482
Total assets	1,126	2,659	3,165	3,320	3,400	3,555
Accounts payable	16	16	15	18	16	27
Accrued liabilities	227	324	362	457	536	173
Current portion of long-term debt	0	5	5	10	0	0
Total current liabilities	466	594	628	760	814	960
Long-term debt	246	1,431	1,776	1,518	1,388	1,249
Lease liability, non-current	32	35	28	31	27	22
Total liabilities	784	2,250	2,592	2,436	2,359	2,366
Accumulated deficit	(376)	(440)	(371)	(162)	(76)	(40)
Total stockholders' equity	342	409	—	883	1,041	1,189
Total liabilities and equity	1,126	2,659	3,165	3,320	3,400	3,555

Fiscal years (BSY's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	127	93	175	327	235	278
Stock-based compensation	32	49	75	73	74	73
Depreciation and amortization	36	53	72	—	—	—
Net cash from operating activities	258	288	274	417	435	538
Purchases of property and equipment	15	18	19	25	14	18
Net cash from investing activities	(117)	(1,057)	(770)	(61)	(143)	(112)
Proceeds from issuing common stock	58	0	0	—	—	—
Share repurchases	84	121	28	0	64	125
Dividends paid	423	33	34	59	72	85
Net cash from financing activities	(137)	983	243	(359)	(290)	(376)
Net change in cash	1	207	(258)	(3)	(4)	59

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Bentley Systems	147	411	72*	not reported	Q2 FY26 10-QJun 30, 2026
Parsons	297	1,651	269*	105.5M	Q3 FY26 10-QSep 30, 2026
Match Group	726	891	322*	227.5M	Q3 FY26 10-QSep 30, 2026
Guidewire Software	373	411*	284*	82.0M	Q4 FY26 10-KJul 31, 2026
Factset Research Systems	233	635*	205*	35.3M	Q4 FY26 10-KAug 31, 2026
Confluent	347	315*	42*	not reported	Q4 FY25 10-KDec 31, 2025
Open Text	956	1,349*	186*	242.1M	Q4 FY26 10-KJun 30, 2026
Commvault Systems	897	312	75*	40.9M	Q2 FY27 10-QSep 30, 2026
Procore Technologies	494	375	88*	152.0M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.