undamentalytics Newsletter

Bentley Systems Inc revenue

Bentley Systems Inc's revenue was $1.50bn in fiscal 2025, up 11.0% on the year before. Since fiscal 2018 ($692m) it has grown at a compound 11.7% a year. Over the last twelve months it was $1.60bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bentley Systems Inc: revenue history, annual
Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue6927358029651,0991,2281,3531,5021,602
Growth on the year before—+6.2%+9.1%+20.4%+13.9%+11.8%+10.1%+11.0%—
Gross profit5605936347498629621,0951,2241,311
Gross margin81.0%80.6%79.1%77.6%78.4%78.3%80.9%81.5%81.8%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Subscriptions and Licenses $1.4B ▲ 12.1%
Subscriptions $1.4B ▲ 12.5%
Licenses $777M ▲ 14.4%
Term Licenses $731M ▲ 15.4%
Enterprise License Subscriptions $623M ▲ 17.5%
Enterprise License Subscriptions E365 Subscriptions $614M ▲ 18.6%
Term License Subscriptions $486M ▲ 11.9%
SELECT Subscriptions $267M ▲ 3.4%
Services $78.9M ▼ 5.8%
Professional Services Other $64.2M ▼ 7.1%
Perpetual Licenses $46.2M ▲ 0.5%
Professional Services Recurring $14.7M ▲ 0.1%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue YoY
United States Canada and Latin America $790M ▲ 10.3%
United States $620M ▲ 10.5%
EMEA $437M ▲ 12.5%
Asia Pacific $274M ▲ 10.8%

These categories overlap or exclude eliminations, so shares aren't shown.

From Bentley Systems Inc's 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Application Software: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Bentley Systems Inc $1.60bn 12.8% 11.2%
Zeta Global Holdings Corp. $1.57bn 35.9% 33.7%
BILL Holdings, Inc. $1.65bn 13.0% 16.0%
Uipath, Inc. $1.72bn 15.0% 14.4%
Full Truck Alliance Co. Ltd. $1.74bn 11.3% —
Guidewire Software, Inc. $1.48bn 22.7% 17.7%

Compare with peers

Head to head: BSY vs ZETABILL vs BSYBSY vs PATH

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from Bentley Systems Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bentley Systems Inc.