image
Technology - Software - Application - NASDAQ - US
$ 46.59
-3.12 %
$ 14.1 B
Market Cap
41.97
P/E
INCOME STATEMENT
1.23 B REVENUE
11.77%
231 M OPERATING INCOME
10.51%
327 M NET INCOME
86.97%
EFFICIENCY
Earnings Waterfall Bentley Systems, Incorporated
image
Revenue 1.23 B
Cost Of Revenue 318 M
Gross Profit 910 M
Operating Expenses 680 M
Operating Income 231 M
Other Expenses -96.2 M
Net Income 327 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018
REVENUE
Revenue 1 228.4 1 099.1 965.0 801.5 736.7 691.7
GROSS PROFIT
Cost Of Revenue 318.2 237.0 216.5 167.2 144.2 131.3
Gross Profit 910.2 862.1 748.5 634.4 592.5 560.4
OPERATING INCOME
Operating Expenses 679.7 653.5 653.9 458.1 450.6 439.0
Selling, General and Administrative Expenses 405.1 354.5 407.4 257.2 252.9 250.0
Research and Development Expenses 274.6 257.9 220.9 185.5 183.6 175.0
Operating Income 230.5 208.6 94.6 150.2 141.9 121.4
PRE-TAX INCOME
Interest Income Expense 41.3 34.6 12.5 7.5 9.7 9.6
Total Other Income (47.0) (10.3) (1.3) 17.5 (13.8) (8.5)
Pre-Tax Income 183.5 198.3 93.3 167.6 128.1 112.9
NET INCOME
Tax Provision (143.2) 21.3 (3.4) 38.6 23.7 (29.2)
Net Income 326.8 174.8 93.2 126.5 103.1 142.1
EPS 1.07 0.57 0.3 0.44 0.39 0.54