Bentley Systems (BSY) Tax Provisions (2019 - 2026)
Bentley Systems (BSY) reported 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 8 years of Tax Provisions data on file, last reported at $23.2 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at $23.2 million, up 13.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $75.6 million (up 32.79% YoY), and the FY2025 annual result was $73.0 million, up 24.27% from the prior year.
- Tax Provisions improved to $23.2 million in Q1 2026 per BSY's latest filing, from $17.4 million in the prior quarter.
- Over five years, Tax Provisions peaked at $26.3 million in Q3 2025 and troughed at -$165.3 million in Q4 2023.
- A 5-year average of $1.9 million and a median of $13.1 million in 2022 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions surged 695.49% in 2022, then tumbled 1365.87% in 2023.
- A 5-year view of Tax Provisions shows it stood at $13.1 million in 2022, then plunged by 1365.87% to -$165.3 million in 2023, then soared by 108.85% to $14.6 million in 2024, then grew by 18.66% to $17.4 million in 2025, then surged 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -32.53 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 194.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -53.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 614.00 Mn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 92.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 204.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 422.00 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 526.00 Mn |
| 10 | Bentley Systems | 9.52 Bn | 9.41 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 |