Bentley Systems (BSY) Cost of Revenue (2019 - 2026)

Bentley Systems' (BSY) quarterly Cost of Revenue came in at $73.8 million in Q1 2026, up 12.36% year-on-year from $65.7 million in Q1 2025, and up 4.05% on a QoQ basis from $70.9 million in Q4 2025.

Bentley Systems (BSY) Cost of Revenue (2019 - 2026) Analysis & Trends

Bentley Systems (BSY) has 8 years of Cost of Revenue data on file, last reported at $73.8 million in Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 12.36% year-over-year to $73.8 million in Q1 2026; TTM through Mar 2026 was $285.6 million, a 9.19% increase from a year earlier, with the FY2025 full-year figure at $277.5 million, up 7.67% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $73.8 million, up from $70.9 million in the prior quarter.
  • Over the last five years, Cost of Revenue for BSY reached as high as $73.8 million in Q1 2026 and fell as low as $55.8 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $65.4 million across 5 years, with a median of $65.7 million in 2025.
  • Across the five-year window, Cost of Revenue increased 20.43% in 2023 and declined 7.97% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $62.4 million in 2022, then grew by 8.73% to $67.8 million in 2023, then rose by 0.17% to $67.9 million in 2024, then grew by 4.4% to $70.9 million in 2025, then grew by 4.05% to $73.8 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $73.8 million in Q1 2026, $70.9 million in Q4 2025, and $72.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Bentley Systems 10.59 Bn 10.48 Bn 350.41 Mn 73.77 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 73.77 Mn
Mar 31, 2026 73.77 Mn
Dec 31, 2025 70.90 Mn
Dec 31, 2025 70.90 Mn
Sep 30, 2025 72.20 Mn
Sep 30, 2025 72.20 Mn
Jun 30, 2025 68.78 Mn
Jun 30, 2025 68.78 Mn
Mar 31, 2025 65.66 Mn
Mar 31, 2025 65.66 Mn
Dec 31, 2024 67.91 Mn
Dec 31, 2024 67.91 Mn
Sep 30, 2024 64.83 Mn
Sep 30, 2024 64.83 Mn
Jun 30, 2024 63.19 Mn
Jun 30, 2024 63.19 Mn
Mar 31, 2024 61.83 Mn
Mar 31, 2024 61.83 Mn
Dec 31, 2023 67.80 Mn
Dec 31, 2023 67.80 Mn