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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:GeneralAndAdministrativeExpense.

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
Operating expenses:
Research and development82,09175,385165,096147,835
Selling and marketing80,87069,873156,142132,932
General and administrative65,21649,857123,72597,085
Deferred compensation plan11,6617,58410,5876,338
Amortization of purchased intangibles8,2948,20116,72916,409
Total operating expenses248,132210,900472,279400,599
Income from operations88,60884,430214,868199,614

Item 1. Unaudited Consolidated Financial Statements

FAQ

What is Bentley Systems, Incorporated's G&A?
Bentley Systems, Incorporated (BSY) reported G&A of $65.22M in Q2 2026.
How has Bentley Systems, Incorporated's G&A changed year-over-year?
Bentley Systems, Incorporated's G&A increased by 30.8% year-over-year, from $49.86M to $65.22M.
What is the long-term trend for Bentley Systems, Incorporated's G&A?
Over 4 years (2021 to 2025), Bentley Systems, Incorporated's G&A has grown at a 9.7% compound annual growth rate (CAGR), from $150.12M to $217.33M.
What does G&A mean?
Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

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