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| 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 |