Bentley Systems, Incorporated
BSY Technology Software Application
Bentley Systems, Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 11.0% from fiscal 2024.
- Revenue
- +12.2%
- EPS
- +61.1%
- Free cash flow
- −8.34%
- Total debt
- −6.82%
Quarter to September 2026, against a year earlier
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Bentley Systems, Incorporated (BSY) Operating margin
Bentley Systems, Incorporated's operating margin over the twelve months to 30 September 2026 was 25.2%, up 1.1 percentage points from fiscal 2025 (24.2%). Over the past ten years it has ranged from 9.80% (fiscal 2021) to 24.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.02%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 24.2% | 1.82 |
| FY2024 | 22.3% | 3.56 |
| FY2023 | 18.8% | (0.21) |
| FY2022 | 19.0% | 9.18 |
| FY2021 | 9.80% | (8.93) |
| FY2020 | 18.7% | (0.53) |
| FY2019 | 19.3% | 1.71 |
| FY2018 | 17.6% | — |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 29.1% | 7.52 |
| Jun 2026 | 21.6% | (8.20) |
| Mar 2026 | 29.8% | 9.72 |
| Dec 2025 | 20.1% | (2.45) |
| 26 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| PAYC Paycom Software, Inc. compare | 33.4% |
| BSY Bentley Systems, Incorporated | 25.2% |
| MANH Manhattan Associates, Inc. compare | 24.1% |
| DT Dynatrace, Inc. compare | 12.7% |
| DOCU Docusign Inc. compare | 12.0% |
| GWRE Guidewire Software, Inc. compare | 10.2% |
| GRAB Grab Holdings Limited compare | 5.06% |
| PCOR Procore Technologies, Inc. compare | −4.13% |
| FIG Figma, Inc. compare | −40.7% |
| Software Application industry median | 0.00% |
| Technology sector median | 0.02% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- EV/Sales
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