Bentley Systems (BSY) Tax Provisions (2019 - 2026)
Bentley Systems' (BSY) quarterly Tax Provisions came in at $23.2 million in Q1 2026, up 13.02% year-on-year from $20.5 million in Q1 2025, and up 33.4% on a QoQ basis from $17.4 million in Q4 2025.
Bentley Systems (BSY) Tax Provisions (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has 8 years of Tax Provisions data on file, last reported at $23.2 million in Q1 2026.
- On a quarterly basis, Tax Provisions rose 13.02% year-over-year to $23.2 million in Q1 2026; TTM through Mar 2026 was $75.6 million, a 32.79% increase from a year earlier, with the FY2025 full-year figure at $73.0 million, up 24.27% from the prior year.
- Tax Provisions for Q1 2026 stood at $23.2 million, up from $17.4 million in the prior quarter.
- Over the last five years, Tax Provisions for BSY reached as high as $26.3 million in Q3 2025 and fell as low as -$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.
- Across the five-year window, Tax Provisions soared 695.49% in 2022 and sank 1365.87% in 2023, its largest moves.
- Year by year, Tax Provisions stood at $13.1 million in 2022, then sank by 1365.87% to -$165.3 million in 2023, then soared by 108.85% to $14.6 million in 2024, then gained by 18.66% to $17.4 million in 2025, then surged by 33.4% to $23.2 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $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 | 208.91 Bn | 189.27 Bn | 8.16 Bn | -936.60 Mn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -32.53 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -53.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 194.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 614.00 Mn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 140.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 422.00 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -1.09 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 92.44 Mn |
| 10 | Bentley Systems | 9.42 Bn | 9.31 Bn | 350.41 Mn | 23.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -20.47 Mn |