Bentley Systems (BSY) Operating Expenses (2019 - 2026)
Bentley Systems (BSY) reported Operating Expenses of $224.1 million for Q1 2026, up 18.16% year-over-year from $189.7 million in Q1 2025, and down 7.44% quarter-over-quarter from $242.2 million in Q4 2025.
Bentley Systems (BSY) Operating Expenses (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has 8 years of Operating Expenses data on file, last reported at $224.1 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $224.1 million, up 18.16% year-over-year; the trailing twelve-month figure through Mar 2026 was $896.1 million (up 12.17% YoY), and the FY2025 annual result was $861.6 million, up 8.63% from the prior year.
- Operating Expenses declined to $224.1 million in Q1 2026 per BSY's latest filing, from $242.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $242.2 million in Q4 2025 and troughed at $152.9 million in Q2 2022.
- A 5-year average of $192.0 million and a median of $187.0 million in 2024 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 39.35% in 2022 and fell as far as 34.55% in 2022.
- A 5-year view of Operating Expenses shows it stood at $183.8 million in 2022, then grew by 11.55% to $205.1 million in 2023, then climbed by 7.52% to $220.5 million in 2024, then climbed by 9.83% to $242.2 million in 2025, then fell by 7.44% to $224.1 million in 2026.
- Business Quant data shows BSY's Operating Expenses at $224.1 million in Q1 2026, $242.2 million in Q4 2025, and $218.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | Bentley Systems | 9.52 Bn | 9.41 Bn | 350.41 Mn | 224.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 224.15 Mn |
| Dec 31, 2025 | 242.17 Mn |
| Sep 30, 2025 | 218.86 Mn |
| Jun 30, 2025 | 210.90 Mn |
| Mar 31, 2025 | 189.70 Mn |
| Dec 31, 2024 | 220.50 Mn |
| Sep 30, 2024 | 201.71 Mn |
| Jun 30, 2024 | 186.97 Mn |
| Mar 31, 2024 | 184.00 Mn |
| Dec 31, 2023 | 205.07 Mn |
| Sep 30, 2023 | 168.26 Mn |
| Jun 30, 2023 | 177.02 Mn |
| Mar 31, 2023 | 181.44 Mn |
| Dec 31, 2022 | 183.84 Mn |
| Sep 30, 2022 | 153.61 Mn |
| Jun 30, 2022 | 152.87 Mn |
| Mar 31, 2022 | 163.14 Mn |
| Dec 31, 2021 | 164.90 Mn |
| Sep 30, 2021 | 234.70 Mn |
| Jun 30, 2021 | 137.26 Mn |