BILL Holdings vs Bentley Systems
BILL Holdings and Bentley Systems are similar in size: $1.65bn and $1.50bn of revenue in their latest fiscal years. BILL Holdings grew faster (13.0% against 11.0%). Bentley Systems kept more of each dollar of sales as profit: a net margin of 18.5% against -0.7%.
| Latest fiscal year | BILL HoldingsBILL, 2026 | Bentley SystemsBSY, 2025 |
|---|---|---|
| Revenue | $1.65bn | $1.50bn |
| Revenue growth | 13.0% | 11.0% |
| Net income | −$11.2m | $278m |
| Operating margin | — | 24.1% |
| Net margin | -0.7% | 18.5% |
| Return on equity | -0.3% | 24.9% |
| Free cash flow | $412m | $520m |
| Cash | $1.03bn | $123m |
| Total debt | $1.84bn | $1.25bn |
| Debt to equity | — | 105.3% |
| Dividend per share | — | $0.28 |
| Dividend yield | — | 0.6% |
| Share buybacks | $560m | $125m |
| Employees | 1,683 | 1,600 |
| Market value | $4.58bn | $13.52bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 28 (Weak) | 60 (Moderate) |
| Insider trades, 12 months | 0 buys, 17 sales | 0 buys, 4 sales |