Bentley Systems (BSY) Operating Expenses (2019 - 2026)
Bentley Systems (BSY) posted quarterly 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 reported Operating Expenses for 8 consecutive years, with $224.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 18.16% year-over-year to $224.1 million; the TTM figure through Mar 2026 stood at $896.1 million (up 12.17% YoY), while the FY2025 annual figure was $861.6 million, up 8.63% from the prior year.
- Operating Expenses slipped to $224.1 million in Q1 2026 per BSY's latest filing, from $242.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $242.2 million in Q4 2025 and bottomed at $152.9 million in Q2 2022.
- Historically, Operating Expenses has averaged $192.0 million across 5 years, with a median of $187.0 million in 2024.
- On a YoY basis, Operating Expenses climbed as much as 39.35% in 2022 and fell as far as 34.55% in 2022.
- Bentley Systems' Operating Expenses stood at $183.8 million in 2022, then increased by 11.55% to $205.1 million in 2023, then grew by 7.52% to $220.5 million in 2024, then grew by 9.83% to $242.2 million in 2025, then retreated 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Bentley Systems | 10.94 Bn | 10.79 Bn | 336.74 Mn | 248.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 248.13 Mn |
| 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 |