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

44.99 1.35 +3.09%
Market cap
$13.6B
P/E
43.3×
Fwd P/E
39.1×
Dividend yield
0.62%
F-score
9/9
Altman Z
3.65
Beneish M
−2.74
Dividend safety
68/100

Bentley Systems, Incorporated (BSY) Operating margin

Alert me on 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

Against its own ten years

Low 9.80% High 24.2%
Ten-year median 18.9%
Current reading's percentile 100

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

The full definition of Operating margin →

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