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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:InterestIncomeExpenseNonoperatingNet.

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
Amortization of purchased intangibles8,2948,20116,72916,409
Total operating expenses248,132210,900472,279400,599
Income from operations88,60884,430214,868199,614
Interest expense, net(9,103)(3,519)(17,303)(7,327)
Other income (expense), net15,564(1,596)16,061(1,147)
Income before income taxes95,06979,315213,626191,140
Provision for income taxes(16,609)(8,876)(39,764)(29,364)
Equity in net income of investees, net of tax5561262

Item 1. Unaudited Consolidated Financial Statements

FAQ

What is Bentley Systems, Incorporated's interest expense?
Bentley Systems, Incorporated (BSY) reported interest expense of -$9.1M in Q2 2026.
How has Bentley Systems, Incorporated's interest expense changed year-over-year?
Bentley Systems, Incorporated's interest expense decreased by 158.7% year-over-year, from -$3.52M to -$9.1M.
What is the long-term trend for Bentley Systems, Incorporated's interest expense?
Over 4 years (2021 to 2025), Bentley Systems, Incorporated's interest expense has grown at a 2.6% compound annual growth rate (CAGR), from -$11.22M to -$12.44M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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