Bentley Systems (BSY) FCF Margin (2019 - 2026)
Bentley Systems (BSY) posted quarterly FCF Margin of 44.29% for Q1 2026, down 1411.0% year-over-year from 3.38% in Q1 2025, and up 27.36% quarter-over-quarter from 34.77% in Q4 2025.
Bentley Systems (BSY) FCF Margin (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has reported FCF Margin for 8 consecutive years, with 44.29% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin fell 1411.0% year-over-year to 44.29%; the TTM figure through Mar 2026 stood at 31.61% (up 13.0% YoY), while the FY2025 annual figure was 34.64%, up 351.0% from the prior year.
- FCF Margin improved to 44.29% in Q1 2026 per BSY's latest filing, from 34.77% in the prior quarter.
- Across five years, FCF Margin topped out at 59.62% in Q1 2024 and bottomed at 10.65% in Q4 2022.
- Historically, FCF Margin has averaged 31.03% across 5 years, with a median of 25.15% in 2024.
- Annual changes were most pronounced in 2022 — FCF Margin plunged 2321 bps — and 2023, when it soared 1928 bps.
- Bentley Systems' FCF Margin stood at 10.65% in 2022, then soared by 145 bps to 26.06% in 2023, then decreased by 17 bps to 21.75% in 2024, then soared by 60 bps to 34.77% in 2025, then increased by 27 bps to 44.29% in 2026.
- Business Quant data shows BSY's FCF Margin at 44.29% in Q1 2026, 34.77% in Q4 2025, and 29.47% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 36.13% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 18.25% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 58.89% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 19.67% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 11.86% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 16.73% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 24.76% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 31.84% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 61.18% |
| 10 | Bentley Systems | 10.94 Bn | 10.79 Bn | 336.74 Mn | 15.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.53% |
| Mar 31, 2026 | 44.29% |
| Dec 31, 2025 | 34.77% |
| Sep 30, 2025 | 29.47% |
| Jun 30, 2025 | 15.65% |
| Mar 31, 2025 | 58.39% |
| Dec 31, 2024 | 21.75% |
| Sep 30, 2024 | 25.15% |
| Jun 30, 2024 | 18.01% |
| Mar 31, 2024 | 59.62% |
| Dec 31, 2023 | 26.06% |
| Sep 30, 2023 | 21.26% |
| Jun 30, 2023 | 24.81% |
| Mar 31, 2023 | 54.69% |
| Dec 31, 2022 | 10.65% |
| Sep 30, 2022 | 23.51% |
| Jun 30, 2022 | 24.07% |
| Mar 31, 2022 | 35.41% |
| Dec 31, 2021 | 27.72% |
| Sep 30, 2021 | 20.68% |