Bentley Systems (BSY) Operating Expenses (2019 - 2026)

Bentley Systems' (BSY) quarterly Operating Expenses came in at $224.1 million in Q1 2026, up 18.16% year-on-year from $189.7 million in Q1 2025, and down 7.44% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses rose 18.16% year-over-year to $224.1 million in Q1 2026; TTM through Mar 2026 was $896.1 million, a 12.17% increase from a year earlier, with the FY2025 full-year figure at $861.6 million, up 8.63% from the prior year.
  • Operating Expenses for Q1 2026 stood at $224.1 million, down from $242.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for BSY reached as high as $242.2 million in Q4 2025 and fell as low as $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.
  • Year by year, Operating Expenses stood at $183.8 million in 2022, then gained by 11.55% to $205.1 million in 2023, then rose by 7.52% to $220.5 million in 2024, then rose by 9.83% to $242.2 million in 2025, then slipped by 7.44% to $224.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Bentley Systems 9.42 Bn 9.31 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