Question 1

What is Bentley Systems, Incorporated's total cost of revenue?

Accepted Answer

Bentley Systems, Incorporated (BSY) reported total cost of revenue of $73.99M in Q2 2026.

Question 2

How has Bentley Systems, Incorporated's total cost of revenue changed year-over-year?

Accepted Answer

Bentley Systems, Incorporated's total cost of revenue increased by 7.6% year-over-year, from $68.78M to $73.99M.

Question 3

What is the long-term trend for Bentley Systems, Incorporated's total cost of revenue?

Accepted Answer

Over 4 years (2021 to 2025), Bentley Systems, Incorporated's total cost of revenue has grown at a 6.4% compound annual growth rate (CAGR), from $216.54M to $277.53M.

Question 4

What does total cost of revenue mean?

Accepted Answer

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Line item	Three Months Ended / June 30, 2026	Three Months Ended / June 30, 2025	Six Months Ended / June 30, 2026	Six Months Ended / June 30, 2025
Cost of revenues:
Cost of subscriptions and licenses	54,027	47,758	107,125	94,256
Cost of services	19,960	21,018	40,636	40,179
Total cost of revenues	73,987	68,776	147,761	134,435
Gross profit	336,740	295,330	687,147	600,213
Operating expenses:
Research and development	82,091	75,385	165,096	147,835
Selling and marketing	80,870	69,873	156,142	132,932

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Bentley Systems, Incorporated BSY Total Cost of Revenue