Bentley Systems (BSY) Tax Provisions (2019 - 2026)
Bentley Systems (BSY) posted quarterly Tax Provisions of $23.2 million for Q1 2026, up 13.02% year-over-year from $20.5 million in Q1 2025, and up 33.4% quarter-over-quarter from $17.4 million in Q4 2025.
Bentley Systems (BSY) Tax Provisions (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has reported Tax Provisions for 8 consecutive years, with $23.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 13.02% year-over-year to $23.2 million; the TTM figure through Mar 2026 stood at $75.6 million (up 32.79% YoY), while the FY2025 annual figure was $73.0 million, up 24.27% from the prior year.
- Tax Provisions advanced to $23.2 million in Q1 2026 per BSY's latest filing, from $17.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $26.3 million in Q3 2025 and bottomed at -$165.3 million in Q4 2023.
- Historically, Tax Provisions has averaged $1.9 million across 5 years, with a median of $13.1 million in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 695.49% — and 2023, when it tumbled 1365.87%.
- Bentley Systems' Tax Provisions stood at $13.1 million in 2022, then sank by 1365.87% to -$165.3 million in 2023, then jumped by 108.85% to $14.6 million in 2024, then increased by 18.66% to $17.4 million in 2025, then soared by 33.4% to $23.2 million in 2026.
- Business Quant data shows BSY's Tax Provisions at $23.2 million in Q1 2026, $17.4 million in Q4 2025, and $26.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 273.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 840.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -1.09 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 279.20 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 526.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 983.00 Mn |
| 10 | Bentley Systems | 10.94 Bn | 10.79 Bn | 336.74 Mn | 16.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.61 Mn |
| Mar 31, 2026 | 23.16 Mn |
| Dec 31, 2025 | 17.36 Mn |
| Sep 30, 2025 | 26.26 Mn |
| Jun 30, 2025 | 8.88 Mn |
| Mar 31, 2025 | 20.49 Mn |
| Dec 31, 2024 | 14.63 Mn |
| Sep 30, 2024 | 16.52 Mn |
| Jun 30, 2024 | 5.33 Mn |
| Mar 31, 2024 | 22.25 Mn |
| Dec 31, 2023 | -165.35 Mn |
| Sep 30, 2023 | 16.51 Mn |
| Jun 30, 2023 | -3.90 Mn |
| Mar 31, 2023 | 9.49 Mn |
| Dec 31, 2022 | 13.06 Mn |
| Sep 30, 2022 | 9.66 Mn |
| Jun 30, 2022 | -4.67 Mn |
| Mar 31, 2022 | 3.23 Mn |
| Dec 31, 2021 | 1.64 Mn |
| Sep 30, 2021 | 5.03 Mn |