7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 
      
    		                     
      assets
    		                     
      current assets:
    		                     
      cash and cash equivalents
    		165,411,000 89,646,000 83,637,000 64,009,000 72,175,000 51,278,000 141,601,000 68,412,000 66,963,000 82,716,000 93,567,000 71,684,000 72,856,000 93,411,000 129,617,000 329,337,000 155,755,000 131,154,000 569,536,000 122,006,000 137,598,000 
      accounts receivable
    		293,942,000 300,173,000 312,296,000 322,862,000 271,689,000 282,918,000 284,200,000 302,501,000 243,488,000 252,863,000 285,192,000 296,376,000 214,459,000 218,775,000 233,032,000 241,807,000 194,682,000 221,764,000 189,530,000 195,782,000 172,600,000 
      allowance for doubtful accounts
    		-7,776,000 -9,104,000 -8,736,000 -8,395,000 -8,846,000 -9,099,000 -9,723,000 -8,965,000 -8,312,000 -8,656,000 -8,036,000 -9,303,000 -10,802,000 -9,053,000 -7,486,000 -6,541,000 -6,355,000 -6,396,000 -6,370,000 -5,759,000 -6,492,000 
      prepaid income taxes
    		17,337,000 8,789,000 8,802,000 13,066,000 15,846,000 18,487,000 10,891,000 12,812,000 25,972,000 20,491,000 21,169,000 18,406,000 17,414,000 17,641,000 26,254,000 16,880,000 20,958,000 32,108,000 3,994,000 3,535,000 7,307,000 
      prepaid and other current assets
    		57,916,000 50,018,000 50,056,000 50,531,000 52,955,000 43,101,000 46,716,000 44,797,000 46,128,000 44,043,000 39,849,000 38,732,000 32,224,000 34,717,000 32,644,000 34,348,000 35,062,000 26,864,000 25,118,000 24,694,000 27,897,000 
      total current assets
    		526,830,000 439,522,000 446,055,000 442,073,000 403,819,000 386,685,000 473,685,000 419,557,000 374,239,000 391,457,000 431,741,000 415,895,000 326,151,000 355,491,000 414,061,000 615,831,000 400,102,000 405,494,000 781,808,000 340,258,000 338,910,000 
      property and equipment
    		35,176,000 34,377,000 33,302,000 33,798,000 34,533,000 36,756,000 38,563,000 40,100,000 38,309,000 35,520,000 33,038,000 32,251,000 30,753,000 29,603,000 32,043,000 31,823,000 31,103,000 31,439,000 27,767,000 28,414,000 29,332,000 
      operating lease right-of-use assets
    		31,099,000 31,473,000 31,765,000 32,303,000 36,425,000 34,868,000 36,454,000 38,476,000 41,434,000 43,248,000 38,946,000 40,249,000 41,499,000 45,124,000 49,432,000 50,818,000 48,642,000 52,599,000 41,691,000 46,128,000 46,006,000 
      intangible assets
    		181,022,000 192,751,000 202,811,000 213,959,000 225,788,000 225,539,000 236,402,000 248,787,000 259,979,000 271,639,000 283,969,000 292,271,000 301,173,000 316,258,000 329,029,000 245,834,000 251,467,000 262,234,000 53,697,000 45,627,000 46,560,000 
      goodwill
    		2,410,308,000 2,416,815,000 2,380,494,000 2,367,179,000 2,390,392,000 2,265,174,000 2,261,190,000 2,269,336,000 2,251,312,000 2,252,832,000 2,247,797,000 2,237,184,000 2,193,053,000 2,215,909,000 2,217,578,000 1,588,477,000 1,592,399,000 1,593,670,000 622,756,000 581,174,000 542,239,000 
      investments
    		27,690,000 25,844,000 25,871,000 25,764,000 24,724,000 24,258,000 23,641,000 23,480,000 30,332,000 26,997,000 32,010,000 22,270,000 21,690,000 10,666,000 8,680,000 6,438,000 5,429,000 6,870,000 5,245,000 5,691,000 5,218,000 
      deferred income taxes
    		176,376,000 201,702,000 199,405,000 198,286,000 207,821,000 206,259,000 208,152,000 212,831,000 61,664,000 68,681,000 52,484,000 52,636,000 52,751,000 62,473,000 47,683,000 71,376,000 77,418,000 54,705,000 42,133,000 39,224,000 44,543,000 
      other assets
    		75,947,000 80,800,000 83,231,000 86,445,000 72,985,000 77,641,000 75,681,000 67,283,000 77,574,000 73,553,000 68,037,000 72,249,000 74,367,000 64,085,000 59,797,000 48,646,000 47,523,000 47,104,000 51,771,000 39,519,000 37,689,000 
      total assets
    		3,464,448,000 3,423,284,000 3,402,934,000 3,399,807,000 3,396,487,000 3,257,180,000 3,353,768,000 3,319,850,000 3,134,843,000 3,163,927,000 3,188,022,000 3,165,005,000 3,041,437,000 3,099,609,000 3,158,303,000 2,659,243,000 2,454,083,000 2,454,115,000 1,626,868,000 1,126,035,000 1,090,497,000 
      liabilities and equity
    		                     
      current liabilities:
    		                     
      accounts payable
    		17,841,000 24,480,000 24,498,000 16,479,000 30,514,000 23,901,000 23,568,000 18,094,000 26,389,000 37,423,000 28,781,000 15,176,000 16,860,000 16,395,000 19,058,000 16,483,000 12,502,000 14,891,000 15,947,000 16,492,000 15,086,000 
      accruals and other current liabilities
    		158,299,000 153,821,000 163,858,000 536,417,000 494,911,000 500,007,000 539,775,000 457,348,000 403,428,000 398,883,000 420,935,000 362,048,000 337,442,000 339,395,000 351,273,000 323,603,000 317,271,000 314,529,000 296,497,000 226,793,000 212,866,000 
      cloud services subscription deposits
    		427,750,000 414,791,000 447,907,000                   
      deferred revenues
    		234,824,000 246,646,000 244,075,000 245,729,000 225,291,000 236,624,000 242,037,000 253,785,000 211,815,000 231,473,000 234,775,000 226,955,000 186,358,000 201,598,000 215,448,000 224,610,000 189,683,000 215,678,000 186,396,000 202,294,000 173,578,000 
      operating lease liabilities
    		11,797,000 11,908,000 11,744,000 11,656,000 12,079,000 11,429,000 11,178,000 11,645,000 11,430,000 12,533,000 14,147,000 14,672,000 15,078,000 16,595,000 16,963,000 17,482,000 18,003,000 18,694,000 15,894,000 16,610,000 15,629,000 
      income taxes payable
    		9,944,000 6,718,000 13,905,000 4,053,000 19,434,000 13,817,000 11,275,000 9,491,000 18,879,000 21,383,000 14,862,000 4,507,000 8,405,000 12,431,000 5,048,000 6,696,000 11,974,000 5,761,000 11,721,000 3,366,000 5,100,000 
      current portion of long-term debt
    		      10,000,000 10,000,000 8,750,000 7,500,000 6,250,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000      
      total current liabilities
    		860,455,000 858,364,000 905,987,000 814,334,000 782,229,000 785,778,000 837,833,000 760,363,000 680,691,000 709,195,000 719,750,000 628,358,000 569,143,000 591,414,000 612,790,000 593,874,000 549,433,000 569,553,000 526,455,000 465,555,000 422,259,000 
      long-term debt
    		1,247,378,000 1,245,843,000 1,244,308,000 1,388,088,000 1,418,870,000 1,334,618,000 1,425,445,000 1,518,403,000 1,580,752,000 1,629,483,000 1,668,781,000 1,775,696,000 1,776,610,000 1,825,505,000 1,871,527,000 1,430,992,000 1,302,845,000 1,269,842,000 672,599,000 246,000,000 589,583,000 
      deferred compensation plan liabilities
    		104,857,000 98,895,000 94,962,000 96,684,000 97,932,000 91,172,000 93,402,000 88,181,000 79,537,000 82,641,000 80,674,000 77,014,000 71,013,000 75,525,000 89,282,000 94,890,000 89,174,000     
      long-term operating lease liabilities
    		24,072,000 24,986,000 26,092,000 26,894,000 27,954,000 26,950,000 28,812,000 30,626,000 31,355,000 32,273,000 26,651,000 27,670,000 28,776,000 31,024,000 34,907,000 35,274,000 32,583,000 35,968,000 27,861,000 31,767,000 32,555,000 
      other liabilities
    		5,082,000 6,086,000 5,420,000 3,819,000 4,242,000 3,383,000 2,735,000 5,378,000 4,311,000 5,192,000 7,313,000 7,355,000 7,734,000 9,009,000 13,104,000 14,269,000 17,352,000 21,334,000 16,660,000 15,362,000 15,229,000 
      total liabilities
    		2,269,098,000 2,261,114,000 2,305,245,000 2,358,687,000 2,362,477,000 2,272,674,000 2,421,161,000 2,435,868,000 2,442,682,000 2,520,155,000 2,573,832,000 2,591,551,000 2,521,238,000 2,602,616,000 2,700,650,000 2,250,021,000 2,075,085,000 1,982,301,000 1,272,871,000 784,436,000 1,083,324,000 
      commitments and contingencies
    		                     
      equity:
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of september 30, 2025 and december 31, 2024
    		                     
      class a common stock
    		115,000 115,000 115,000 115,000 115,000 115,000 115,000 115,000 2,952,000 2,947,000 2,915,000 2,890,000 2,884,000 2,882,000 2,851,000 2,825,000 2,820,000 2,812,000 2,737,000 2,722,000 2,622,000 
      class b common stock
    		2,919,000 2,919,000 2,914,000 2,905,000 2,905,000 2,882,000 2,865,000 2,848,000              
      additional paid-in capital
    		1,283,584,000 1,259,476,000 1,239,817,000 1,217,986,000 1,201,442,000 1,176,630,000 1,154,137,000 1,127,234,000 1,108,816,000 1,085,066,000 1,060,842,000 1,030,466,000 1,005,075,000 981,203,000 957,498,000 937,805,000 921,410,000 910,951,000 732,635,000 741,113,000 441,723,000 
      accumulated other comprehensive loss
    		-77,445,000 -69,095,000 -97,583,000 -104,078,000 -82,959,000 -93,264,000 -92,619,000 -84,987,000 -95,128,000 -87,828,000 -89,374,000 -89,740,000 -101,929,000 -89,131,000 -75,324,000 -91,774,000 -81,880,000 -54,886,000 -35,394,000 -26,233,000 -29,211,000 
      accumulated deficit
    		-13,870,000 -31,374,000 -47,681,000 -75,941,000 -88,197,000 -102,561,000 -132,595,000 -161,932,000 -325,183,000 -357,117,000 -360,897,000 -370,866,000 -385,831,000 -397,961,000 -427,372,000 -439,634,000 -463,352,000 -387,063,000 -345,981,000 -376,003,000 -407,961,000 
      total bentley systems stockholders’ equity
    		1,195,303,000 1,162,041,000 1,097,582,000 1,040,987,000                  
      noncontrolling interest
    		47,000 129,000 107,000 133,000                  
      total equity
    		1,195,350,000 1,162,170,000 1,097,689,000 1,041,120,000                  
      total liabilities and equity
    		3,464,448,000 3,423,284,000 3,402,934,000 3,399,807,000                  
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of june 30, 2025 and december 31, 2024
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of march 31, 2025 and december 31, 2024
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of december 31, 2024 and 2023
    		                     
      liabilities and stockholders’ equity
    		                     
      stockholders’ equity:
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of september 30, 2024 and december 31, 2023
    		                     
      non-controlling interest
    		    704,000 704,000 704,000 704,000 704,000 704,000 704,000 704,000          
      total stockholders’ equity
    		    1,034,010,000 984,506,000 932,607,000 883,982,000 692,161,000 643,772,000 614,190,000 573,454,000 520,199,000 496,993,000 457,653,000 409,222,000 378,998,000 471,814,000 353,997,000 341,599,000 7,173,000 
      total liabilities and stockholders’ equity
    		    3,396,487,000 3,257,180,000 3,353,768,000 3,319,850,000 3,134,843,000 3,163,927,000 3,188,022,000 3,165,005,000 3,041,437,000 3,099,609,000 3,158,303,000 2,659,243,000 2,454,083,000 2,454,115,000 1,626,868,000 1,126,035,000 1,090,497,000 
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of june 30, 2024 and december 31, 2023
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of march 31, 2024 and december 31, 2023
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of december 31, 2023 and 2022
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of september 30, 2023 and december 31, 2022
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of june 30, 2023 and december 31, 2022
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of march 31, 2023 and december 31, 2022
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of december 31, 2022 and 2021
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of september 30, 2022 and december 31, 2021
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of june 30, 2022 and december 31, 2021
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of march 31, 2022 and december 31, 2021
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of december 31, 2021 and 2020
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of september 30, 2021 and december 31, 2020
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of june 30, 2021 and december 31, 2020
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of march 31, 2021 and december 31, 2020
    		                     
      preferred stock, 0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of december 31, 2020 and 2019
    		                     
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.