Bentley Systems (BSY) FCF Margin (2019 - 2026)
Bentley Systems (BSY) reported 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 8 years of FCF Margin data on file, last reported at 44.29% in Q1 2026.
- FCF Margin for Q1 2026 came in at 44.29%, down 1411.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 31.61% (up 13.0% YoY), and the FY2025 annual result was 34.64%, up 351.0% from the prior year.
- FCF Margin grew to 44.29% in Q1 2026 per BSY's latest filing, from 34.77% in the prior quarter.
- Over five years, FCF Margin peaked at 59.62% in Q1 2024 and troughed at 10.65% in Q4 2022.
- A 5-year average of 31.03% and a median of 25.15% in 2024 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2023: FCF Margin plunged 2321 bps in 2022, then soared 1928 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 10.65% in 2022, then surged by 145 bps to 26.06% in 2023, then retreated by 17 bps to 21.75% in 2024, then surged by 60 bps to 34.77% in 2025, then grew 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | 36.77% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 15.02% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 58.89% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 20.82% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 41.64% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 36.83% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 31.84% |
| 10 | Bentley Systems | 9.52 Bn | 9.41 Bn | 350.41 Mn | 44.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 6.31% |