Bentley Systems, Incorporated

Bentley Systems, Incorporated

BSYยทNASDAQ

$32.62

-1.4%
TechnologySoftware - Application

Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling and open simulation applications for infrastructure design integration, which include MicroStation, OpenRoads, OpenRail, OpenPlant, OpenBuildings, OpenBridge, OpenSite, OpenFlows, STAAD and RAM, SACS, MOSES, AutoPIPE, SITEOPS, CUBE, DYNAMEQ, EMME, and LEGION; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including Leapfrog, AGS Workbench, GeoStudio, Imago, MX Deposit, Oasis montaj, PLAXIS, and OpenGround. It also provides project delivery systems that support collaboration, work-sharing, and 4D construction modeling for infrastructure project delivery enterprises, such as ProjectWise, ProjectWise Design Review Service, and SYNCHRO; and asset and network performance systems, such as AssetWise ALIM, AssetWise Asset Reliability, AssetWise Enterprise Interoperability, AssetWise 4D Analytics, AssetWise Linear, and Seequent Central. In addition, it offers industry solutions comprising AssetWise Linear SUPERLOAD, AssetWise Linear Analytics, AssetWise Inspections, ContextCapture, OpenCities, OpenUtilities, OpenTower, OpenWindPower, Power Line, SPIDA, OrbitGT, sensemetrics, PlantSight, and WaterSight. The company serves civil, structural, geotechnical, geoscience subsurface engineers, architects, geospatial professionals, city and regional planners, contractors, fabricators, and operations and maintenance engineers. Bentley Systems, Incorporated was incorporated in 1984 and is headquartered in Exton, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$9.53B
EPS0.8800
P/E Ratio37.07
Earnings Date08/05/2026
3Y+96.0%
5Y+108.0%
10Y+233.0%
3Y-85.0%
5Y-4.0%
10Y-27.0%
3Y-255.0%
5Y+176.0%
10Y+540.0%
BSY

Bentley Systems, Incorporated Cash Conversion Engine

BSY ยท NASDAQ
Net Income277.79M
Depreciation & Amortization65.88M
Stock-Based Compensation72.58M
Change in Working Capital59.32M
Others38.56M
Capital Expenditures-18.25M
Free Cash Flow520.21M

Cash Flow Quality Analysis

FCF Conversion Rate

187.3%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

3.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+23.5%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$59.32M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Bentley Systems, Incorporated Cash Flow Statement

BSY โ€ข NASDAQ

Bentley Systems, Incorporated Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
OPERATING ACTIVITIES
277.8M
234.4M
326.8M
174.8M
93.2M
126.5M
103.1M
142.1M
65.9M
64.6M
71.9M
71.5M
52.8M
36.1M
32.2M
29.2M
24.3M
12.6M
-198.9M
-5.1M
-19.7M
16.2M
732K
-60.1M
72.6M
74.4M
73M
75.2M
49M
32.1M
8.1M
7.9M
38.6M
26.7M
46.5M
-27M
1.6M
-23.6M
12.2M
6.4M
(0.0)
(59.7M)
(43.6M)
(29.5M)
(40.2M)
(29M)
(27.9M)
(25.8M)
59.3M
22.5M
97.5M
-15.1M
111.2M
70.9M
14.5M
35.9M
538.5M
435.3M
416.7M
274.3M
288M
258.3M
170.8M
161.5M
INVESTING ACTIVITIES
-18.3M
-14M
-25M
-18.5M
-17.5M
-16.4M
-16.6M
-19.5M
-93.3M
-130.4M
-26M
-743M
-1B
-93M
-37.1M
-135.3M
-981K
-1.4M
-11.6M
-11M
-4.1M
(0.0)
-3M
(0.0)
0.0
0.0
2.1M
11M
4.1M
0.0
40.1M
0.0
179K
2.6M
0.0
-8.6M
-4.1M
-7.9M
-37.1M
-877K
-112.3M
-143.3M
-60.5M
-770.1M
-1.1B
-117.3M
-53.7M
-154.8M
FINANCING ACTIVITIES
-145.7M
-76.9M
-58.9M
-71.8M
-111.1M
-16.5M
-19.7M
-30.2M
-145.1M
-146.7M
-258.6M
338.6M
1.2B
11.8M
-25M
-11.3M
-85M
-72.1M
-58.8M
-34.5M
-33.4M
-422.6M
-25M
-20.1M
-157.2M
-76.9M
-58.9M
-71.8M
-120.5M
-84M
-24.2M
-46.5M
-513K
5.8M
17.2M
10.7M
-54.2M
290.8M
-7.4M
2.7M
-376.3M
-289.9M
-359.1M
243M
982.6M
-136.5M
-77M
-58.8M
CASH FLOW SUMMARY
9.4M
-6.6M
-390K
-4.9M
-6.7M
-3.6M
-114K
-1.2M
59.3M
-4.4M
-3.3M
-257.7M
207.3M
905K
39.9M
-53.3M
64M
68.4M
71.7M
329.3M
122M
121.1M
81.2M
134.5M
123.3M
64M
68.4M
71.7M
329.3M
122M
121.1M
81.2M
520.2M
421.2M
391.7M
255.8M
270.5M
241.9M
154.1M
142M

SEC Filings

BSY - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 26, 2026
May 21, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 23, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 10, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2025

N/A

November 21, 2025
November 21, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 05, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 05, 2025
November 05, 2025
2025
Showing 1 to 10 of 101 filings