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Other financials

Income statement

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Revenue$410.7M+12.8%
Gross profit$336.7M+14.0%
Operating income$88.6M+4.9%
Net income$78.6M+11.5%
EPS (diluted)$0.25+13.6%

Balance sheet

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Cash & equivalents$147.0M+64.0%
Total debt$1.3B-1.2%
Total equity$1.2B+3.4%
Total assets$3.6B+4.7%

Cash flow

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Operating cash flow$71.5M+17.1%
CapEx$7.7M+88.6%
Free cash flow$63.8M+11.9%

Valuation

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Market cap$10.67B-34.3%
Enterprise value$11.79B-32.4%
P/E36.8×-27.1×
P/S6.7×-4.8×

Profitability

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Gross margin81.8%+0.7pp
Operating margin23.6%+0.4pp
Net margin18.1%+0.2pp
FCF margin31.1%+0.6pp

Returns & leverage

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Return on equity24.5%
Debt / equity1.1×0.0×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by Bentley Systems, Incorporated in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesCurrent.

The source filing: Bentley Systems, Incorporated’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001031308-26-000023
Line itemJune 30, 2026December 31, 2025
Liabilities and Equity
Current liabilities:
Accounts payable$22,792$26,952
Accruals and other current liabilities182,034173,255
Cloud Services Subscription deposits496,322463,312
Deferred revenues263,154278,244
Operating lease liabilities12,56813,669
Income taxes payable4,3944,778

Item 1. Unaudited Consolidated Financial Statements

FAQ

What is Bentley Systems, Incorporated's accrued expenses?
Bentley Systems, Incorporated (BSY) reported accrued expenses of $182.03M in Q2 2026.
How has Bentley Systems, Incorporated's accrued expenses changed year-over-year?
Bentley Systems, Incorporated's accrued expenses increased by 18.3% year-over-year, from $153.82M to $182.03M.
What is the long-term trend for Bentley Systems, Incorporated's accrued expenses?
Over 5 years (2020 to 2025), Bentley Systems, Incorporated's accrued expenses has grown at a -5.2% compound annual growth rate (CAGR), from $226.79M to $173.26M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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