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
DateValue
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