Bentley Systems (BSY) Research & Development (2019 - 2026)
Bentley Systems' (BSY) quarterly Research & Development came in at $82.1 million in Q2 2026, up 8.9% year-over-year from $75.4 million in Q2 2025, and down 1.1% quarter-over-quarter from $83.0 million in Q1 2026.
Analysis
Bentley Systems (BSY) Research & Development (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has reported Research & Development for 8 consecutive years, with $82.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 8.9% year-over-year to $82.1 million in Q2 2026; TTM through Jun 2026 was $324.8 million, a 10.11% increase from a year earlier, with the FY2025 full-year figure at $307.6 million, up 9.36% from the prior year.
- Research & Development was $82.1 million for Q2 2026 at Bentley Systems, down from $83.0 million in the prior quarter.
- Over five years, Research & Development peaked at $83.0 million in Q1 2026 and troughed at $61.3 million in Q1 2022.
- A 5-year average of $71.5 million and a median of $70.1 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development advanced 28.18% in 2022 and decreased 6.29% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $67.9 million in 2022, then advanced by 4.93% to $71.2 million in 2023, then grew by 8.23% to $77.1 million in 2024, then rose by 5.05% to $81.0 million in 2025, then increased by 1.36% to $82.1 million in 2026.
- The last three Research & Development figures came in at $82.1 million (Q2 2026), $83.0 million (Q1 2026), and $81.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Ptc | 15.61 Bn | 15.26 Bn | 490.47 Mn | 136.29 Mn |
| 2 | Trimble | 13.87 Bn | 13.65 Bn | 674.90 Mn | 177.10 Mn |
| 3 | Bentley Systems | 10.17 Bn | 10.03 Bn | 336.74 Mn | 82.09 Mn |
| 4 | Procore Technologies | 8.81 Bn | 8.15 Bn | 299.80 Mn | 145.79 Mn |
| 5 | ServiceTitan | 7.27 Bn | 6.85 Bn | 193.79 Mn | 88.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.09 Mn |
| 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 |