Bentley Systems (BSY) Cost of Revenue (2019 - 2026)
Bentley Systems (BSY) reported Cost of Revenue of $75.3 million for Q1 2026, up 14.64% year-over-year from $65.7 million in Q1 2025, and down 10.92% on a QoQ basis from $84.5 million in Q4 2025.
Bentley Systems (BSY) has 8 years of Cost of Revenue data on file, last reported at $75.3 million in Q1 2026.
- Quarterly Cost of Revenue rose 14.64% year-over-year to $75.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $300.7 million (up 10.36% YoY) and the FY2025 annual result came in at $289.5 million, up 13.47% from the prior year.
- Cost of Revenue fell to $75.3 million in Q1 2026 per BSY's latest filing, from $84.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $84.5 million in Q4 2025 and bottomed at $21.0 million in Q4 2022.
- The 5-year median for Cost of Revenue is $64.7 million (2023), against an average of $62.2 million.
- The widest annual swing landed in 2022, when Cost of Revenue tumbled 64.81%; it then surged 205.7% in 2023.
- Tracing BSY's Cost of Revenue over 5 years: stood at $21.0 million in 2022, then surged by 205.7% to $64.1 million in 2023, then gained by 22.86% to $78.7 million in 2024, then advanced by 7.34% to $84.5 million in 2025, then fell by 10.92% to $75.3 million in 2026.
- Per Business Quant, the three latest BSY Cost of Revenue figures stand at $75.3 million (Q1 2026), $84.5 million (Q4 2025), and $72.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 4.02 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.62 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 940.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 211.49 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.71 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 1.79 Bn |
| 10 | Bentley Systems | 10.37 Bn | 10.26 Bn | 350.41 Mn | 75.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.27 Mn |
| Mar 31, 2026 | 75.27 Mn |
| Dec 31, 2025 | 84.50 Mn |
| Dec 31, 2025 | 84.50 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 | 78.72 Mn |
| Dec 31, 2024 | 78.72 Mn |
| Sep 30, 2024 | 64.94 Mn |
| Sep 30, 2024 | 64.94 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 | 64.07 Mn |
| Dec 31, 2023 | 64.07 Mn |
| Sep 30, 2023 | 64.68 Mn |
| Sep 30, 2023 | 64.68 Mn |
| Jun 30, 2023 | 66.43 Mn |
| Jun 30, 2023 | 66.43 Mn |
| Mar 31, 2023 | 52.14 Mn |
| Mar 31, 2023 | 52.14 Mn |
| Dec 31, 2022 | 20.96 Mn |
| Dec 31, 2022 | 20.96 Mn |
| Sep 30, 2022 | 59.18 Mn |
| Sep 30, 2022 | 59.18 Mn |
| Jun 30, 2022 | 49.62 Mn |
| Jun 30, 2022 | 49.62 Mn |
| Mar 31, 2022 | 45.95 Mn |
| Mar 31, 2022 | 45.95 Mn |
| Dec 31, 2021 | 59.57 Mn |
| Dec 31, 2021 | 59.57 Mn |
| Sep 30, 2021 | 44.39 Mn |
| Sep 30, 2021 | 44.39 Mn |
| Jun 30, 2021 | 38.01 Mn |
| Jun 30, 2021 | 38.01 Mn |
| Mar 31, 2021 | 32.44 Mn |
| Mar 31, 2021 | 32.44 Mn |
| Dec 31, 2020 | 36.24 Mn |
| Dec 31, 2020 | 36.24 Mn |
| Sep 30, 2020 | 41.82 Mn |
| Sep 30, 2020 | 41.82 Mn |
| Jun 30, 2020 | 36.71 Mn |
| Jun 30, 2020 | 36.71 Mn |
| Mar 31, 2020 | 36.10 Mn |
| Mar 31, 2020 | 36.10 Mn |
| Dec 31, 2019 | 43.41 Mn |
| Dec 31, 2019 | 43.41 Mn |
| Sep 30, 2019 | 35.05 Mn |
| Sep 30, 2019 | 35.05 Mn |
| Jun 30, 2019 | 36.63 Mn |
| Jun 30, 2019 | 36.63 Mn |