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Bentley Systems, Incorporated BSY Services — Total stock-based compensation expense

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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$10.95B-34.6%
Enterprise value$12.07B-32.7%
P/E37.8×-28.1×
P/S6.8×-5.0×

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:AllocatedShareBasedCompensationExpense.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Cost of subscriptions and licenses$896$918$2,115$2,050
Cost of services4925871,2041,308
Research and development6,4795,85413,09711,053
Selling and marketing5,0244,2069,0127,963
General and administrative9,8578,02817,51214,621
Total stock-based compensation expense$22,748$19,593$42,940$36,995

Item 1. Unaudited Consolidated Financial Statements

FAQ

What is Bentley Systems, Incorporated's services — total stock-based compensation expense?
Bentley Systems, Incorporated (BSY) reported services — total stock-based compensation expense of $492K in Q2 2026.
How has Bentley Systems, Incorporated's services — total stock-based compensation expense changed year-over-year?
Bentley Systems, Incorporated's services — total stock-based compensation expense decreased by 16.2% year-over-year, from $587K to $492K.
What is the long-term trend for Bentley Systems, Incorporated's services — total stock-based compensation expense?
Over 4 years (2021 to 2025), Bentley Systems, Incorporated's services — total stock-based compensation expense has grown at a 15.7% compound annual growth rate (CAGR), from $1.26M to $2.25M.
What does services — total stock-based compensation expense mean?
This metric represents the non-cash expense recognized for equity-based awards granted to employees within the services segment. It reflects the cost of retaining and incentivizing talent specifically aligned with service delivery operations. Investors track this to understand the true economic cost of labor beyond cash-based compensation.

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