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TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Total revenues by Product
Enterprise 365 subscriptions$636.54M+3.6%$614.31M+4.2%$589.81M+4.1%$566.4M+4.5%$541.87M+4.6%
Enterprise subscriptions$644.99M+3.5%$623.06M+4.0%$599.01M+3.8%$577.13M+4.3%$553.32M+4.3%
Other$69.55M+8.3%$64.25M+1.0%$63.59M-0.7%$64.06M-3.0%$66.06M-4.4%
Perpetual licenses$44.45M-3.8%$46.18M-0.1%$46.21M-0.8%$46.57M-1.4%$47.24M+2.8%
Recurring$14.56M-0.6%$14.65M+0.6%$14.57M+1.1%$14.41M+3.1%$13.98M-4.5%
SELECT subscriptions$272.11M+1.8%$267.24M+1.5%$263.4M+1.0%$260.76M+1.4%$257.12M-0.5%
Term license subscriptions$509.77M+4.8%$486.39M+2.8%$473.25M+3.6%$456.71M+1.9%$448.15M+3.1%
Total cost of revenues by Product
Services$77.64M+2.0%$76.13M-4.8%$79.99M-2.7%$82.23M+0.3%$81.98M-2.9%
Subscriptions and licenses$208.01M+3.3%$201.41M+3.5%$194.55M+5.2%$184.95M+3.0%$179.62M+3.6%
Total stock-based compensation expense by Product
Services$2.24M-0.4%$2.25M-15.7%$2.67M-5.0%$2.81M-5.7%$2.98M-5.1%
Subscriptions and licenses$3.97M+2.2%$3.88M+6.1%$3.66M+14.5%$3.19M+107%$1.54M+2.5%
Total revenues by Geography
Asia-Pacific (“APAC”)$282.2M+2.8%$274.46M+2.8%$266.98M+2.7%$259.89M+2.6%$253.42M+2.3%
EMEA$456.06M+4.4%$436.83M+3.3%$422.77M+3.1%$410.22M+2.4%$400.68M+3.2%
United States$638.7M+2.9%$620.44M+2.1%$607.62M+2.5%$592.81M+2.8%$576.46M+2.6%
Total long-lived assets by Geography
Americas$828.2M-1.6%$841.26M-2.1%$858.87M-5.3%$906.86M-4.2%$946.69M-4.1%
Asia-Pacific (“APAC”)$69.86M+12.5%$62.09M-1.9%$63.32M+1.1%$62.61M+5.7%$59.25M+3.9%
EMEA$131.26M+0.5%$130.62M-0.8%$131.65M-1.6%$133.82M-1.5%$135.91M-3.9%

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Questions, answered.

How does Bentley Systems, Incorporated break its business down?
Bentley Systems, Incorporated (BSY) reports total revenues by product across 7 parts — Enterprise 365 subscriptions, Enterprise subscriptions, Other, Perpetual licenses and Recurring. Each is extracted from the segment footnotes and tracked over time.
Where does Bentley Systems, Incorporated's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Bentley Systems, Incorporated's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.