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
DateValue
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