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NASDAQ · SERVICES-PREPACKAGED SOFTWARE · LARGE CAP

Bentley Systems Inc. BSY

8 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
$1.5B
▲ 11.0% YoY
$277.9M
▲ 18.3% YoY
$520.2M
▲ 23.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Bentley Systems provides infrastructure engineering software. It provides its software to nearly 42,000 accounts in 189 countries worldwide. As of December 31, 2025, it had approximately 5,800 full-time colleagues globally, including approximately 2,400 in the Americas, approximately 1,600 in Europe, the Middle East, and Africa, and approximately 1,800 in Asia-Pacific. Its revenues are balanced between engineering and construction contracting firms, which represented 52%, 51%, and 50% of its 2025, 2024, and 2023 total revenues, respectively, and infrastructure asset owners and operators, which represented 48%, 49%, and 50% of its 2025, 2024, and 2023 total revenues, respectively. It was founded in 1984 by the Bentley brothers. Bentley Systems, Incorporated was incorporated in Delaware in 1987 and is headquartered in Exton, Pennsylvania.

Written from the business description in BENTLEY SYSTEMS, INCORPORATED's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.5B
Revenue, FY2025 · full 8-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.5 · Net income 0.3
1B2B
2018202120242025
Compound annual growth
+11.0%
+13.4%
+16.7%
+17.0%
+15.6%
+15.1%
+32.6%
−29.6%
+49.6%
−13.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +13.4% a year over the five years to FY2025 — but profit grew faster: net income at +17.0%, earnings per share at +15.1%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

18 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 24.1% · Net 18.5%
10%20%
201820212025
ROE
FY2025 · ROE 24.9%
50%
201820212025
Three returns, three denominators.

Each USD of equity produced 25 cents of profit this year.

Cash & shareholders

USD 210.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 520.2
200M400M
201820212025
Net buybacks $M Dividends $M
FY2025 · Dividends 85.0 · Net buybacks 125.1
150.0M300.0M-25.0M-50.0MDividendsNet buybacks
20182019202020212022202320242025

USD 85.0M in dividends and USD 125.1M in buybacks — 76% of the year's profit went back to shareholders.

Total assetsUSD 3.6B
EquityUSD 1.2B
CashUSD 123.3M
Gross debtUSD 1.2B
Net debtUSD 1.1B
Current ratio0.56×

Net debt stands at 95% of equity.

The 8-year record

8 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
BSY, 8-year financial record
Metric 20252024202320222021202020192018
Revenue $B1.51.41.21.11.00.80.70.7
Operating income $B0.40.30.20.20.10.20.10.1
EBITDA $B◌◌◌0.30.10.20.20.2
Income tax $B0.10.1−0.10.0−0.00.00.0−0.0
Net income $B0.30.20.30.20.10.10.10.1
Free cash flow $B0.50.40.40.30.30.20.20.1
EPS, diluted $0.850.721.000.550.300.420.350.49
Dividend / sh $0.280.240.200.120.121.620.100.08
Payout %31311820363342414
ROE %24.924.444.935.624.837.442.896.4

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 8 of the 8 fiscal years we could check. 24 checks were skipped: the balance sheet is not tagged before 2019. 11 checks were skipped: EPS is not tagged before 2018. 11 checks were skipped: revenue is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2018

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