Bentley Systems (BSY) Research & Development (2019 - 2026)
Bentley Systems' (BSY) quarterly Research & Development came in at $75.3 million in Q1 2026, up 3.9% year-on-year from $72.4 million in Q1 2025, and down 10.92% on a QoQ basis from $84.5 million in Q4 2025.
Bentley Systems (BSY) Research & Development (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has 8 years of Research & Development data on file, last reported at $75.3 million in Q1 2026.
- On a quarterly basis, Research & Development rose 3.9% year-over-year to $75.3 million in Q1 2026; TTM through Mar 2026 was $307.3 million, a 1.84% decrease from a year earlier, with the FY2025 full-year figure at $289.5 million, up 2.95% from the prior year.
- Research & Development for Q1 2026 stood at $75.3 million, down from $84.5 million in the prior quarter.
- Over the last five years, Research & Development for BSY reached as high as $104.8 million in Q4 2024 and fell as low as $45.9 million in Q1 2022.
- Historically, Research & Development has averaged $68.3 million across 5 years, with a median of $70.1 million in 2024.
- On a YoY basis, Research & Development climbed as much as 1468.99% in 2022 and fell as far as 19.57% in 2022.
- Year by year, Research & Development stood at $67.9 million in 2022, then rose by 4.93% to $71.2 million in 2023, then surged by 47.1% to $104.8 million in 2024, then dropped by 19.36% to $84.5 million in 2025, then declined by 10.92% to $75.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $75.3 million in Q1 2026, $84.5 million in Q4 2025, and $72.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Bentley Systems | 9.42 Bn | 9.31 Bn | 350.41 Mn | 75.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.27 Mn |
| Dec 31, 2025 | 84.50 Mn |
| Sep 30, 2025 | 72.11 Mn |
| Jun 30, 2025 | 75.39 Mn |
| Mar 31, 2025 | 72.45 Mn |
| Dec 31, 2024 | 104.79 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 | 53.76 Mn |
| Jun 30, 2023 | 70.12 Mn |
| Mar 31, 2023 | 52.14 Mn |
| Dec 31, 2022 | 67.89 Mn |
| Sep 30, 2022 | 46.11 Mn |
| Jun 30, 2022 | 64.87 Mn |
| Mar 31, 2022 | 45.95 Mn |
| Dec 31, 2021 | 4.33 Mn |
| Sep 30, 2021 | 57.33 Mn |
| Jun 30, 2021 | 38.01 Mn |