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Bentley Systems, Incorporated BSY Licenses — Total revenues

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Other financials

Income statement

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Revenue$424.2M+14.5%
Gross profit$350.4M+14.9%
Operating income$126.3M+9.6%
Net income$95.4M+4.4%
EPS (diluted)$0.30+7.1%

Balance sheet

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Cash & equivalents$105.2M+25.7%
Total debt$1.2B-9.1%
Total equity$1.2B+11.7%
Total assets$3.5B+3.5%

Cash flow

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Operating cash flow$193.4M-11.9%
CapEx$5.6M+82.4%
Free cash flow$187.9M-13.2%

Valuation

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Market cap$8.93B-10.8%
Enterprise value$9.99B-10.9%
P/E31.7×-7.4×
P/S5.7×-1.5×

Profitability

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Gross margin81.6%+0.5pp
Operating margin24%+0.5pp
Net margin18.1%-0.3pp
FCF margin31.6%+0.1pp

Returns & leverage

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Return on equity24.3%
Debt / equity-0.2×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Bentley Systems, Incorporated in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Bentley Systems, Incorporated’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bentley Systems, Incorporated's licenses — total revenues?
Bentley Systems, Incorporated (BSY) reported licenses — total revenues of $230.31M in Q1 2026.
How has Bentley Systems, Incorporated's licenses — total revenues changed year-over-year?
Bentley Systems, Incorporated's licenses — total revenues increased by 14.6% year-over-year, from $201.04M to $230.31M.
What is the long-term trend for Bentley Systems, Incorporated's licenses — total revenues?
Over 4 years (2021 to 2025), Bentley Systems, Incorporated's licenses — total revenues has grown at a 17.2% compound annual growth rate (CAGR), from $412.38M to $777.41M.
What does licenses — total revenues mean?
This metric represents the total revenue generated from the sale of perpetual software licenses and related upfront software delivery models within a specific business segment. It captures the financial performance of non-subscription-based product offerings, reflecting the company's ability to monetize its intellectual property through direct ownership models. This revenue stream is critical for assessing the company's market penetration in sectors that prefer capital expenditure over recurring operational expenses.