Bentley Systems, Incorporated logo

Bentley Systems, Incorporated

BSY

NASDAQTechnologySoftware - Application

Regular session

$37.18

+$0.10 · +0.27%

Aug 24, 11:19 AM ET

BSY company overview

Regular session · ET · Market data may be delayed.

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Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

83

Deep Value

Momentum

29

Weakening

Sentiment

69

Bullish

Risk resilience

46

Elevated Risk

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Company profile

Company website

Bentley Systems, Inc., along with its affiliated companies, delivers specialized software solutions for infrastructure engineering across a global footprint, encompassing the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Its offerings encompass open modeling and simulation software for integrated infrastructure design, featuring tools such as MicroStation, OpenRoads, OpenRail, OpenPlant, OpenBuildings, OpenBridge, OpenSite, OpenFlows, STAAD and RAM, SACS, MOSES, AutoPIPE, SITEOPS, CUBE, DYNAMEQ, EMME, and LEGION. Additionally, it provides geoprofessional applications specifically for modeling and simulating near and deep subsurface environments, including Leapfrog, AGS Workbench, GeoStudio, Imago, MX Deposit, Oasis montaj, PLAXIS, and OpenGround. Bentley Systems further supplies project delivery platforms engineered to foster collaboration, facilitate work-sharing, and enable 4D construction modeling for entities managing infrastructure projects; these include ProjectWise, ProjectWise Design Review Service, and SYNCHRO. The firm also furnishes systems for optimizing asset and network performance, such as AssetWise ALIM, AssetWise Asset Reliability, AssetWise Enterprise Interoperability, AssetWise 4D Analytics, AssetWise Linear, and Seequent Central. Moreover, a range of specialized industry solutions is available, consisting of AssetWise Linear SUPERLOAD, AssetWise Linear Analytics, AssetWise Inspections, ContextCapture, OpenCities, OpenUtilities, OpenTower, OpenWindPower, Power Line, SPIDA, OrbitGT, sensemetrics, PlantSight, and WaterSight. Its diverse clientele spans a broad spectrum of professionals, including civil, structural, geotechnical, and geoscience engineers, architects, geospatial experts, urban and regional planners, as well as contractors, fabricators, and operations and maintenance personnel. Established in 1984, Bentley Systems, Inc. maintains its primary corporate office in Exton, Pennsylvania.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Nicholas H. Cumins
Listed since
Sep 23, 2020
Employees
5,800

Market position

Day range

Current $37.18

52-week range

Current $37.18

Open
$37.15
Previous close
$37.08
Volume
255.49K
0.09× average
Average volume
2.82M
Average daily volume
Market cap
10.87B USD
Beta
0.98
Market reference 1
50-day average
$32.7562
+13.51% above average
200-day average
$35.9257
+3.49% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
13.17B USD
P/E (TTM)
40.41×
P/B (TTM)
9.64×
P/S (TTM)
6.78×
EV / EBITDA
30.7×
Earnings yield
2.31%
Free cash flow yield
4.33%
Dividend yield
0.75%

Profitability & efficiency

Gross margin
81.84%
Operating margin
23.59%
Net margin
18.10%
Return on equity
23.36%
Return on assets
7.82%
Return on invested capital
11.01%

Financial health

Debt / equity
1.05×
Current ratio
0.56×
Altman Z-score
3.4
Piotroski F-score
9 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends89%60%31%2%Gross margin, FY2021: 77.56%Gross margin, FY2022: 78.44%Gross margin, FY2023: 74.10%Gross margin, FY2024: 80.95%Gross margin, FY2025: 81.52%Operating margin, FY2021: 9.80%Operating margin, FY2022: 18.98%Operating margin, FY2023: 18.77%Operating margin, FY2024: 22.33%Operating margin, FY2025: 24.15%Net margin, FY2021: 9.66%Net margin, FY2022: 15.90%Net margin, FY2023: 26.60%Net margin, FY2024: 17.35%Net margin, FY2025: 18.50%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 77.56%. Gross margin FY2022 78.44%. Gross margin FY2023 74.10%. Gross margin FY2024 80.95%. Gross margin FY2025 81.52%. Operating margin FY2021 9.80%. Operating margin FY2022 18.98%. Operating margin FY2023 18.77%. Operating margin FY2024 22.33%. Operating margin FY2025 24.15%. Net margin FY2021 9.66%. Net margin FY2022 15.90%. Net margin FY2023 26.60%. Net margin FY2024 17.35%. Net margin FY2025 18.50%.

Income trends

Revenue

1.5B USD+10.99%

Operating income

362.62M USD+20.01%

Net income

277.86M USD+18.35%
Income trends across reported periods1.64B USD1.08B USD515.77M USD−47.67M USDRevenue, FY2021: 965.05M USDRevenue, FY2022: 1.1B USDRevenue, FY2023: 1.23B USDRevenue, FY2024: 1.35B USDRevenue, FY2025: 1.5B USDOperating income, FY2021: 94.59M USDOperating income, FY2022: 208.61M USDOperating income, FY2023: 230.54M USDOperating income, FY2024: 302.15M USDOperating income, FY2025: 362.62M USDNet income, FY2021: 93.19M USDNet income, FY2022: 174.78M USDNet income, FY2023: 326.79M USDNet income, FY2024: 234.79M USDNet income, FY2025: 277.86M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 965.05M USD. Revenue FY2022 1.1B USD. Revenue FY2023 1.23B USD. Revenue FY2024 1.35B USD. Revenue FY2025 1.5B USD. Operating income FY2021 94.59M USD. Operating income FY2022 208.61M USD. Operating income FY2023 230.54M USD. Operating income FY2024 302.15M USD. Operating income FY2025 362.62M USD. Net income FY2021 93.19M USD. Net income FY2022 174.78M USD. Net income FY2023 326.79M USD. Net income FY2024 234.79M USD. Net income FY2025 277.86M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.5B USD1.35B USD1.23B USD1.1B USD965.05M USD
Cost of goods sold277.53M USD257.77M USD318.18M USD237.01M USD216.54M USD
Gross profit1.22B USD1.1B USD910.24M USD862.07M USD748.51M USD
Research and development307.58M USD281.25M USD274.62M USD257.86M USD220.92M USD
Selling, general, and administrative506.88M USD477.93M USD418.65M USD354.49M USD407.4M USD
Operating expenses861.63M USD793.18M USD679.69M USD653.46M USD653.92M USD
Interest income2.89M USD2.73M USD1.54M USD421K USD306K USD
Interest expense15.32M USD24.77M USD41.33M USD35.06M USD11.53M USD
Depreciation and amortization65.88M USD64.61M USD63.59M USD71.54M USD44.94M USD
Operating income362.62M USD302.15M USD230.54M USD208.61M USD94.59M USD
Net income277.86M USD234.79M USD326.79M USD174.78M USD93.19M USD

Company facts updated Aug 24, 2026.

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