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
DateValue
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%