Bentley Systems (BSY) Cost of Revenue (2019 - 2026)
Bentley Systems' (BSY) quarterly Cost of Revenue came in at $74.0 million in Q2 2026, up 7.58% year-over-year from $68.8 million in Q2 2025, and little changed quarter-over-quarter from $73.8 million in Q1 2026.
Analysis
Bentley Systems (BSY) Cost of Revenue (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has reported Cost of Revenue for 8 consecutive years, with $74.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 7.58% year-over-year to $74.0 million in Q2 2026; TTM through Jun 2026 was $290.9 million, a 8.86% 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 was $74.0 million for Q2 2026 at Bentley Systems, roughly flat from $73.8 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $74.0 million in Q2 2026 and troughed at $55.8 million in Q1 2022.
- A 5-year average of $65.9 million and a median of $66.0 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue rose 20.43% in 2023 and fell 7.97% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $62.4 million in 2022, then rose by 8.73% to $67.8 million in 2023, then advanced by 0.17% to $67.9 million in 2024, then rose by 4.4% to $70.9 million in 2025, then grew by 4.35% to $74.0 million in 2026.
- The last three Cost of Revenue figures came in at $74.0 million (Q2 2026), $73.8 million (Q1 2026), and $70.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ptc | 15.61 Bn | 15.26 Bn | 490.47 Mn | 109.58 Mn |
| 2 | Trimble | 13.87 Bn | 13.65 Bn | 674.90 Mn | 297.10 Mn |
| 3 | Bentley Systems | 10.17 Bn | 10.03 Bn | 336.74 Mn | 73.99 Mn |
| 4 | Procore Technologies | 8.81 Bn | 8.15 Bn | 299.80 Mn | 75.41 Mn |
| 5 | ServiceTitan | 7.27 Bn | 6.85 Bn | 193.79 Mn | 75.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.99 Mn |
| Mar 31, 2026 | 73.77 Mn |
| Dec 31, 2025 | 70.90 Mn |
| Sep 30, 2025 | 72.20 Mn |
| Jun 30, 2025 | 68.78 Mn |
| Mar 31, 2025 | 65.66 Mn |
| Dec 31, 2024 | 67.91 Mn |
| Sep 30, 2024 | 64.83 Mn |
| Jun 30, 2024 | 63.19 Mn |
| Mar 31, 2024 | 61.83 Mn |
| Dec 31, 2023 | 67.80 Mn |
| Sep 30, 2023 | 64.68 Mn |
| Jun 30, 2023 | 66.43 Mn |
| Mar 31, 2023 | 67.18 Mn |
| Dec 31, 2022 | 62.35 Mn |
| Sep 30, 2022 | 59.18 Mn |
| Jun 30, 2022 | 59.69 Mn |
| Mar 31, 2022 | 55.79 Mn |
| Dec 31, 2021 | 59.57 Mn |
| Sep 30, 2021 | 54.23 Mn |