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Bentley Systems, Incorporated BSY Proceeds from Income Tax Refunds

Proceeds from Income Tax Refunds at other companies

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Willis Towers WatsonWTW
$28.75M
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Planet LabsPL
$125.5K
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Expedia Group, Inc.EXPE
$10M
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$233.25K
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$202K
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Keysight TechnologiesKEYS
$250K-85.7%

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:ProceedsFromIncomeTaxRefunds.

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 proceeds from income tax refunds?
Bentley Systems, Incorporated (BSY) reported proceeds from income tax refunds of $148K in Q1 2026.
How has Bentley Systems, Incorporated's proceeds from income tax refunds changed year-over-year?
Bentley Systems, Incorporated's proceeds from income tax refunds decreased by 68.5% year-over-year, from $470K to $148K.
What is the long-term trend for Bentley Systems, Incorporated's proceeds from income tax refunds?
Over 4 years (2021 to 2025), Bentley Systems, Incorporated's proceeds from income tax refunds has grown at a -28.9% compound annual growth rate (CAGR), from $9.37M to $2.39M.
What does proceeds from income tax refunds mean?
Cash received back from tax authorities as a refund.
How do you interpret proceeds from income tax refunds?
Frequent or large refunds may indicate conservative tax estimation or successful tax credit claims.
How does proceeds from income tax refunds compare across companies?
Generally infrequent; represents a non-recurring boost to cash flow.