Bentley Systems (BSY) Intangibles (2019 - 2026)
Bentley Systems' Intangibles was $168.96 million in Q2 2026, down 12.3% from $192.75 million a year earlier and down 6.5% from the prior quarter.
Bentley Systems (BSY) Intangibles (2019 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Bentley Systems came in at $193.02 million, down 9.8% from FY2024.
- Intangibles has now declined for three consecutive years, though with a five-year compound annual growth rate of 33.4% (FY2020 to FY2025).
- In earlier years, Intangibles was $213.96 million in FY2024 (-14.0%), $248.79 million in FY2023 (-14.9%), $292.27 million in FY2022 (+18.9%) and $245.83 million in FY2021 (+438.8%).
- The Q2 2026 figure marks the lowest quarterly Intangibles since Q1 2021.
- Compared with a year earlier, Intangibles has declined for 14 straight quarters, with an average decline of 13.6% over the last eight quarters.
- The best year-over-year quarter for Intangibles over five years was Q1 2022 (growth of 512.8%); the worst was Q3 2025 (a decline of 19.8%).
- Per Business Quant data, BSY's Intangibles in the three quarters before Q2 2026 was $180.72 million (Q1 2026), $193.02 million (Q4 2025) and $181.02 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.47 Bn | 21.72 Bn | 695.95 Mn | 55.65 Mn |
| 3 | Trimble | 27.38 Bn | 26.46 Bn | 659.10 Mn | 808.10 Mn |
| 4 | Samsara | 24.21 Bn | 20.98 Bn | 392.58 Mn | - |
| 5 | Ptc | 21.76 Bn | 21.76 Bn | 557.39 Mn | - |
| 6 | Toast | 20.03 Bn | 12.67 Bn | 543.00 Mn | 10.00 Mn |
| 7 | Manhattan Associates | 14.95 Bn | 14.01 Bn | 174.30 Mn | - |
| 8 | Duolingo | 14.72 Bn | 9.64 Bn | 225.13 Mn | 26.22 Mn |
| 9 | Bentley Systems | 13.66 Bn | 13.13 Bn | 349.55 Mn | 158.33 Mn |
| 10 | Costar | 12.20 Bn | 7.61 Bn | 741.00 Mn | 2.06 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 158.33 Mn |
| Jun 30, 2026 | 168.96 Mn |
| Mar 31, 2026 | 180.72 Mn |
| Dec 31, 2025 | 193.02 Mn |
| Sep 30, 2025 | 181.02 Mn |
| Jun 30, 2025 | 192.75 Mn |
| Mar 31, 2025 | 202.81 Mn |
| Dec 31, 2024 | 213.96 Mn |
| Sep 30, 2024 | 225.79 Mn |
| Jun 30, 2024 | 225.54 Mn |
| Mar 31, 2024 | 236.40 Mn |
| Dec 31, 2023 | 248.79 Mn |
| Sep 30, 2023 | 259.98 Mn |
| Jun 30, 2023 | 271.64 Mn |
| Mar 31, 2023 | 283.97 Mn |
| Dec 31, 2022 | 292.27 Mn |
| Sep 30, 2022 | 301.17 Mn |
| Jun 30, 2022 | 316.26 Mn |
| Mar 31, 2022 | 329.03 Mn |
| Dec 31, 2021 | 245.83 Mn |
Bentley Systems Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=BSY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "BSY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=BSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();