Bending Spoons S.p.A.

BSP Technology Software Application

Bending Spoons S.p.A.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 94.7% from fiscal 2024.

45.53 1.25 −2.67%
Market cap
$29.7B
P/E
167×
Fwd P/E
66.8×
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
−2.08
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 61.65%

Capital & Financial Ratios $m

Market Cap 29,720.00
Revenue 1,875.52
Net Income 269.69
Free Cash Flow 341.97
Net Debt 4,088.13
Current Ratio 0.64 (below 1: weak)
Debt/Equity 3.88 (above 2: weak)
P/E ratio 166.84 (above 35: high)
Fwd P/E 66.80 (above 35: high)
P/S ratio 14.59 (above 10: high)
P/B ratio 21.74 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth 122.06% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash — 239 630 793
Receivables — 91 157 291
Inventory — — — —
Other — 112 91 218
— 453 919 1,352
2023 2024 2025 Q'26
Payables — 15 21 36
ST’ Debt — 112 415 794
Other — — — —
— 414 1,119 2,113

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.04 0.28 — — —
’25 (0.19) 0.11 — — 0.00
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 601 704 — — —
’25 259 311 — — 1,306
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 76 179 — — —
’25 21 66 — — 291
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 72 178 — — —
’25 21 66 — — 290
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Price, $
Price, $ Low — — — — — — — — — — — ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
High — — — — — — — — — — — ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
People
People Employees — — — — — — — — — 2,187 — ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Revenue/emp, $m — — — — — — — — 0.00 0.60 n/m ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Income, $m
Income, $m Revenue — — — — — — — — 671 1,306 +94.7% 2,901 4,266 6,209 +68.1%
Gross margin, % — — — — — — — — 63.91 65.62 +1.7 pt
EBT — — — — — — — — 105 111 +6.0%
EBT margin, % — — — — — — — — 15.62 8.51 (7.1) pt
Net income — — — — — — — — 89 0 n/m
Depreciation — — — — — — — — 89 157 +76.1%
Per share, $
Per share, $ Revenue — — — — — — — — 1.19 2.25 +88.6%
Earnings — — — — — — — — 0.16 0.00 n/m
Cash flow — — — — — — — — 0.36 0.50 +37.4%
Capex — — — — — — — — (0.29) 0.00 (99.7%)
Free cash flow — — — — — — — — 0.07 0.50 +571.9%
Book value — — — — — — — — 1.13 1.71 +51.3%
Shares, m — — — — — — — — 563 581 +3.2%
Valuation, ×
Valuation, × P/E — — — — — — — — 148.41 148.41 148.4
P/S — — — — — — — — 12.97 12.97 13.0
P/B — — — — — — — — 19.34 19.34 19.3
EV/Sales — — — — — — — — 15.15 15.15 15.2
EV/FCF — — — — — — — — 83.11 83.11 83.1
Cash, $m
Cash, $m Operating cash flow — — — — — — — — 205 291 +41.8%
Capex — — — — — — — — (163) (1) (99.7%)
Free cash flow — — — — — — — — 42 290 +593.6%
Balance, $m
Balance, $m Working capital — — — — — — — — 39 (200) n/m
Total debt — — — — — — — — 867 2,671 +207.9%
Net debt — — — — — — — — 629 2,041 +224.7%
Shareholders’ equity — — — — — — — — 637 995 +56.2%
Returns, %
Returns, % ROA — — — — — — — — 0.00 0.00 0.0 pt
ROIC — — — — — — — — 6.29 5.72 (0.6) pt
ROE — — — — — — — — 0.00 (0.02) 0.0 pt
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 2 Oct 2026

Bending Spoons S.p.A. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ADSK Autodesk, Inc. $50.5B 32.1× 29.7× +16.05% (above 0%: growing) +59.18% (above 0%: growing) +24.77% (above 0%: growing) 91.40% 29.28% Compare
WDAY Workday, Inc. $47.1B 39.9× 36.8× +12.82% (above 0%: growing) +200.00% (above 0%: growing) −21.77% (below 0%: shrinking) 75.39% 11.82% Compare
ROP Roper Technologies, Inc. $44.5B 19.2× 17.0× +8.50% (above 0%: growing) +230.68% (above 0%: growing) +18.70% (above 0%: growing) 69.71% 27.73% Compare
PAYX Paychex, Inc. $38.9B 22.2× 21.5× +5.88% (above 0%: growing) +13.08% (above 0%: growing) −46.05% (below 0%: shrinking) 73.62% 37.98% Compare
BSP Bending Spoons S.p.A. $29.7B 167× 66.8× — — — 65.84% 34.12%
ZM Zoom Communications, Inc. $28.5B 8.6× 11.5× +4.93% (above 0%: growing) +342.86% (above 0%: growing) −7.02% (below 0%: shrinking) 77.16% 24.61% Compare
PTC PTC Inc. $21.2B 18.8× 21.7× −6.82% (below 0%: shrinking) −11.86% (below 0%: shrinking) +3.02% (above 0%: growing) 81.74% 27.75% Compare
SSNC SS&C Technologies Holdings, Inc. $18.9B 22.4× 21.6× +10.34% (above 0%: growing) +33.78% (above 0%: growing) +14.94% (above 0%: growing) 48.26% 24.60% Compare
DT Dynatrace, Inc. $17.6B 113× 78.3× +16.17% (above 0%: growing) −18.75% (below 0%: shrinking) +15.68% (above 0%: growing) 81.34% 12.89% Compare
Median of peers $33.7B 22.3× 21.7× +9.42% +46.48% +8.98% 76.28% 26.17%

All 230 Software Application stocks →

Bending Spoons S.p.A. (BSP) Latest News

stockrow.com/BSP · Data as of Oct 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com