Bentley Systems revenue and financials
$35.62Change from previous close: +2.50%Absolute change: +$0.87
In the fiscal year ended December 2025, Bentley Systems reported revenue of $1.5B (+10.99% year over year). Net income was $277.86M, a net margin of 18.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +10.99%
- 2025 vs 2024
- Net income growth
- +18.35%
- 2025 vs 2024
- Net margin
- 18.5%
- 2024: 17.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 538 | 435 | 417 | 274 | 288 | 258 | 171 | 161 |
| Depreciation and amortization | 62.2 | 62.9 | 71.0 | 71.5 | 52.8 | 36.1 | 32.2 | 29.2 |
| Capital expenditure | -18.3 | -14.0 | -25.0 | -18.5 | -17.5 | -16.4 | -16.6 | -18.6 |
| Investing cash flow | -112 | -143 | -60.5 | -770 | -1,057 | — | — | — |
| Financing cash flow | -376 | -290 | -359 | 243 | 983 | — | — | — |
| Dividends paid | -85.0 | -72.1 | -58.8 | -34.5 | -33.4 | -423 | -25.0 | -20.1 |
| Share repurchases | -125 | -64.4 | 0.0 | -28.3 | 0.0 | 0.0 | -24.2 | -46.5 |
| Debt issued | 290 | 518 | 588 | 833 | 2,178 | — | — | — |
| Debt repaid | -435 | -664 | -847 | -493 | -991 | — | — | — |
| Effect of exchange rates | 9.4 | -6.6 | -0.4 | -4.9 | -6.7 | — | — | — |
| Net change in cash | 59.3 | -4.4 | -3.3 | -258 | 207 | — | — | — |
| Free cash flow | 520 | 421 | 392 | 256 | 270 | — | — | — |
| Levered free cash flow | 463 | 363 | 398 | 248 | 274 | — | — | — |