Bentley Systems (BSY) Research & Development (2019 - 2026)
Bentley Systems (BSY) posted quarterly Research & Development of $75.3 million for Q1 2026, up 3.9% year-over-year from $72.4 million in Q1 2025, and down 10.92% quarter-over-quarter from $84.5 million in Q4 2025.
Bentley Systems (BSY) Research & Development (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has reported Research & Development for 8 consecutive years, with $75.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 3.9% year-over-year to $75.3 million; the TTM figure through Mar 2026 stood at $307.3 million (down 1.84% YoY), while the FY2025 annual figure was $289.5 million, up 2.95% from the prior year.
- Research & Development slipped to $75.3 million in Q1 2026 per BSY's latest filing, from $84.5 million in the prior quarter.
- Across five years, Research & Development topped out at $104.8 million in Q4 2024 and bottomed at $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.
- Bentley Systems' Research & Development stood at $67.9 million in 2022, then grew by 4.93% to $71.2 million in 2023, then soared by 47.1% to $104.8 million in 2024, then decreased by 19.36% to $84.5 million in 2025, then slipped by 10.92% to $75.3 million in 2026.
- Business Quant data shows BSY's Research & Development at $75.3 million in Q1 2026, $84.5 million in Q4 2025, and $72.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Bentley Systems | 10.94 Bn | 10.79 Bn | 336.74 Mn | 82.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 82.09 Mn |
| 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 |