Name: BSY Income Statement - Bentley Systems Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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BSY - Bentley Systems Inc.

USD | NASDAQ | Technology

BSY Income Statement - Bentley Systems Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q3 FY 20	Q2 FY 20	Q3 FY 19
Revenues
Revenues	424.2	391.6	375.5	364.1	370.5	349.8	335.2	330.3	337.8	310.6	306.6	296.7	314.4	286.9	268.3	268.3

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Revenues
Revenues	1,555.4	1,501.8	1,353.1	1,228.4	1,099.1	965.0	801.5	734.8	691.7
Cost of Revenue	285.6	277.5	257.8	266.1	237.0	216.5	167.2	144.2	131.3
Gross Profit	1,269.8	1,224.2	1,095.3	962.3	862.1	748.5	634.4	590.7	560.4
Operating Expenses
Research & Development	318.1	307.6	281.2	274.6	257.9	220.9	185.5	183.6	175.0
Selling General & Administrative	-	-	-	-
Operating Income
Operating Income	373.7	362.6	302.2	230.5	208.6	94.6	150.2	141.9	121.4
Non-Operating
Interest Income	2.8	2.9	2.7	1.5	0.4	0.3	0.4	1.5	0.8
Interest Expense	12.7	7.6	17.0	35.0	35.1
Tax & Net
Income Tax Expense	75.6	73.0	58.7	(143.2)	21.3	(3.4)	38.6	23.7	(29.3)
Net Income From Continuing Ops	281.8	277.8	234.4	326.8
Per Share
EPS Basic	0.90	0.88	0.75	1.05	0.57	0.30	0.44	0.36	0.50
EPS Diluted	0.88	0.85	0.72	1.00	0.55
Supplementary Data
EBITDA	-	-	-	-	280.1	147.4	186.3	174.0	150.6
EBIT	373.7	362.6	302.2	230.5	208.6	94.6

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	83.0	81.0	78.8	75.4	72.5	77.1	70.1	65.7	68.4	71.2	65.5	70.1	67.8	67.9	63.8	64.9	61.3	63.0	57.3	52.8	47.8	50.2	44.2	44.8
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	75.3	84.5	72.1	69.9	63.1	78.7	64.9	57.1	54.4	64.1	53.8	54.4	52.1	53.9	46.1	49.6	45.9
General & Administrative	58.5	66.4	53.8	49.9	47.2	57.7	51.4	54.9	46.5	52.0	42.7	39.3	46.8	45.7	37.8	40.0	51.2
Depreciation & Amortization	16.1	-	-	-	15.6	-	-	-	16.4	-	-	-	18.1	-	-	-
Amortization of Intangibles	8.4	8.2	8.1	8.2	8.2	8.3	8.4	8.4	9.0	8.9	9.5	9.5	10.5	10.2	10.4	10.5	9.9
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	224.1	242.2	218.9	210.9	189.7	220.5	201.7	187.0	184.0	205.1	168.3	177.0	181.4	183.8	153.6	152.9

Operating Income
Operating Income	126.3	78.5	84.5	84.4	115.2	61.4	68.6	80.2	91.9	37.8	73.7	53.3	65.8	40.8	55.5	55.7	56.6	43.3	(37.5)	33.2	55.6	5.3	44.6	41.4

Non-Operating
Interest Income	0.5	1.1	0.8	0.3	0.6	0.6	0.4	0.9	0.8	0.3	0.5	0.5	0.2	0.1	0.1	0.1	0.1	0.1	0.0	0.1	0.1	0.0	0.0	0.4
Interest Expense	7.5	1.6	1.6	1.9	2.4	4.3	3.2	4.1	5.4	7.6	8.7	9.4	9.3	11.7	8.5	7.7	7.1	2.7
Income From Equity Investments	(0.1)	0.1	(0.2)	0.1	0.0	0.1	(0.0)	0.0	0.0	0.1	(0.0)	0.0	0.0	(0.4)	(0.7)	(0.6)
Other Non-Operating Income	0.5	(0.2)	1.9	(1.6)	0.4	8.6	(5.1)	2.3	7.1	(14.4)	6.0	1.0	0.3	9.5	0.9	3.5	10.3
Pre-Tax Income	118.6	75.9	83.7	79.3	111.8	64.3	58.9	77.4	92.5	14.2	69.6	44.8	55.0	39.2	47.3	51.6	60.2

Tax & Net
Income Tax Expense	23.2	17.4	26.3	8.9	20.5	14.6	16.5	5.3	22.2	(165.3)	16.5	(3.9)	9.5	13.1	9.7	(4.7)	3.2	1.6	5.0	(20.5)	10.4	10.7	4.3	6.6
Net Income From Continuing Ops	95.3	58.7	57.3	70.5	91.3	49.7	42.3	72.0	70.3	179.6	53.0	48.7	45.5	25.7	37.0	55.7	56.4
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	95.3	58.7	57.3	70.5	91.3	49.7	42.3	72.0	70.3	179.6	53.0	48.7	45.5	25.7	37.0	55.7	56.4
Net Income Attributable To Parent	95.4	58.6	57.4	70.5	91.4	50.1	42.3	72.0	70.3	179.6	53.0	48.7	45.5	25.7	37.0	55.7
Less: Minority Interest	(0.0)	0.0	(0.1)	0.0	(0.0)	(0.4)	0.0	0.0	0.0	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	95.4	58.6	57.4	70.5	91.4	50.1	42.3	72.0	70.3	179.6	53.0	48.7	45.5	25.7	37.0

Per Share
EPS Basic	0.31	-	0.18	0.22	0.29	-	0.13	0.23	0.22	-	0.17	0.16	0.15	-	0.12	0.18	0.18	-	(0.16)	0.15	0.19	0.02	0.14	0.07
EPS Diluted	0.30	-	0.18	0.22	0.28	-	0.13	0.22	0.22	-	0.16	0.15	0.14	-	0.12	0.17	0.18	-
Shares Basic	312.6	-	314.6	314.6	315.1	-	315.2	315.0	314.3	-	313.1	311.9	310.8	-	310.1	308.2	308.0	-
Shares Diluted	321.8	-	333.3	332.8	333.4	-	333.8	333.8	333.6	-	332.8	332.4	331.3	-	325.2	332.3	331.3	-

Supplementary Data
EBITDA	142.4	-	-	-	130.8	-	-	-	108.3	-	-	-	83.8	-	-	-	73.8	-	-	-	64.6	-	-	-
EBIT	126.3	78.5	84.5	84.4	115.2	61.4	68.6	80.2	91.9	37.8	73.7	53.3	65.8	40.8	55.5	55.7	56.6	43.3	(37.5)