Bentley Systems (BSY) Research & Development (2019 - 2026)
Bentley Systems (BSY) reported Research & Development of $83.0 million for Q1 2026, up 14.57% year-over-year from $72.4 million in Q1 2025, and up 2.49% on a QoQ basis from $81.0 million in Q4 2025.
Bentley Systems (BSY) has 8 years of Research & Development data on file, last reported at $83.0 million in Q1 2026.
- Quarterly Research & Development rose 14.57% year-over-year to $83.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $318.1 million (up 11.5% YoY) and the FY2025 annual result came in at $307.6 million, up 9.36% from the prior year.
- Research & Development rose to $83.0 million in Q1 2026 per BSY's latest filing, from $81.0 million in the prior quarter.
- Across five years, Research & Development topped out at $83.0 million in Q1 2026 and bottomed at $61.3 million in Q1 2022.
- The 5-year median for Research & Development is $70.1 million (2024), against an average of $70.8 million.
- The widest annual swing landed in 2022, when Research & Development gained 28.18%; it then retreated 6.29% in 2024.
- Tracing BSY's Research & Development over 5 years: stood at $67.9 million in 2022, then gained by 4.93% to $71.2 million in 2023, then climbed by 8.23% to $77.1 million in 2024, then increased by 5.05% to $81.0 million in 2025, then grew by 2.49% to $83.0 million in 2026.
- Per Business Quant, the three latest BSY Research & Development figures stand at $83.0 million (Q1 2026), $81.0 million (Q4 2025), and $78.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 437.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 823.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 508.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.11 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 840.00 Mn |
| 10 | Bentley Systems | 10.37 Bn | 10.26 Bn | 350.41 Mn | 83.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 83.01 Mn |
| Dec 31, 2025 | 80.99 Mn |
| Sep 30, 2025 | 78.75 Mn |
| Jun 30, 2025 | 75.39 Mn |
| Mar 31, 2025 | 72.45 Mn |
| Dec 31, 2024 | 77.10 Mn |
| Sep 30, 2024 | 70.07 Mn |
| Jun 30, 2024 | 65.71 Mn |
| Mar 31, 2024 | 68.37 Mn |
| Dec 31, 2023 | 71.24 Mn |
| Sep 30, 2023 | 65.47 Mn |
| Jun 30, 2023 | 70.12 Mn |
| Mar 31, 2023 | 67.80 Mn |
| Dec 31, 2022 | 67.89 Mn |
| Sep 30, 2022 | 63.83 Mn |
| Jun 30, 2022 | 64.87 Mn |
| Mar 31, 2022 | 61.27 Mn |
| Dec 31, 2021 | 63.00 Mn |
| Sep 30, 2021 | 57.33 Mn |
| Jun 30, 2021 | 52.78 Mn |
| Mar 31, 2021 | 47.80 Mn |
| Dec 31, 2020 | 45.95 Mn |
| Sep 30, 2020 | 50.22 Mn |
| Jun 30, 2020 | 44.22 Mn |
| Mar 31, 2020 | 45.14 Mn |
| Dec 31, 2019 | 46.94 Mn |
| Sep 30, 2019 | 44.76 Mn |