Income Statement
BENTLEY SYSTEMS INC
BSY
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Revenue
|
1,501.78 | 1,353.10 | 1,228.41 | 1,099.08 | 965.05 | 801.54 |
|
Cost of Revenue
|
277.53 | 257.77 | 266.08 | 237.01 | 216.54 | 167.16 |
|
Gross Profit
|
1,224.25 | 1,095.33 | 962.33 | 862.07 | 748.51 | 634.39 |
|
Operating Expenses
|
861.63 | 793.18 | 731.79 | 653.46 | 653.92 | 484.24 |
|
Research & Development
|
307.58 | 281.25 | 274.62 | 257.86 | 220.92 | 185.52 |
|
Selling, General & Administrative
|
289.54 | 255.18 | 224.34 | 195.62 | 162.24 | 143.79 |
|
Other Operating Expenses
|
- | - | - | - | - | - |
|
Operating Income
|
362.62 | 302.15 | 230.54 | 208.61 | 94.59 | 150.15 |
|
Non-Operating Income
|
11.89 | 9.10 | 47.02 | 10.34 | 1.26 | -17.47 |
|
Interest Income
|
2.89 | 2.73 | 1.54 | 0.42 | 0.31 | 0.44 |
|
Interest Expense
|
7.58 | 16.97 | 34.97 | 35.06 | 12.80 | 7.91 |
|
Other Non-Op Income / Expense
|
0.55 | 12.95 | -7.22 | 24.30 | 11.23 | 24.95 |
|
Income Before Tax
|
350.73 | 293.06 | 183.53 | 198.28 | 93.33 | 167.62 |
|
Income Tax Expense
|
72.87 | 58.27 | -143.26 | 23.50 | 0.14 | 41.10 |
|
Non-Controlling Interest
|
-0.07 | -0.35 | - | - | - | - |
|
Net Income
|
277.86 | 234.79 | 326.79 | 174.78 | 93.19 | 126.52 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - |
|
EBITDA
|
362.62 | 302.15 | 230.54 | 280.15 | 147.38 | 186.27 |
|
Earnings Per Share (Basic)
|
0.88 | 0.75 | 1.05 | 0.57 | 0.30 | 0.44 |
|
Diluted EPS
|
0.85 | 0.72 | 1.00 | 0.55 | 0.30 | 0.42 |
|
Weighted Average Shares
|
314.69 | 314.89 | 312.36 | 309.23 | 305.71 | 289.86 |
|
Diluted Weighted Avg Shares
|
333.09 | 333.77 | 332.50 | 331.77 | 314.61 | 299.37 |
|
Comprehensive Income
|
307.38 | 215.70 | 331.54 | 176.81 | 27.65 | 124.22 |