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% quarter-over-quarter from $84.5 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 $75.3 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $75.3 million, up 14.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $300.7 million (up 10.36% YoY), and the FY2025 annual result was $289.5 million, up 13.47% from the prior year.
  • Cost of Revenue declined to $75.3 million in Q1 2026 per BSY's latest filing, from $84.5 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $84.5 million in Q4 2025 and troughed at $21.0 million in Q4 2022.
  • A 5-year average of $62.2 million and a median of $64.7 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue sank 64.81% in 2022, then jumped 205.7% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $21.0 million in 2022, then jumped by 205.7% to $64.1 million in 2023, then climbed by 22.86% to $78.7 million in 2024, then grew by 7.34% to $84.5 million in 2025, then decreased by 10.92% to $75.3 million in 2026.
  • Business Quant data shows BSY's Cost of Revenue at $75.3 million in Q1 2026, $84.5 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 238.14 Bn 220.17 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 55.33 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 1.33 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.62 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 3.77 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 211.49 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 940.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 3.07 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 715.00 Mn
10 Bentley Systems 9.52 Bn 9.41 Bn 350.41 Mn 75.27 Mn

Historic Data

Download Data
DateValue
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