Bentley Systems Quarterly Income Statements Chart
Quarterly
|
Annual
Bentley Systems Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenues: | ||||||||||||||||||||
| subscriptions | 333,452,000 | 342,318,000 | 315,590,000 | 303,239,000 | 297,444,000 | 307,089,000 | 272,468,000 | 270,751,000 | 259,243,000 | 277,845,000 | 251,489,000 | 235,307,000 | 232,191,000 | 241,233,000 | 227,003,000 | 212,227,000 | 185,452,000 | 188,125,000 | 178,262,000 | 173,174,000 |
| perpetual licenses | 10,193,000 | 10,792,000 | 14,312,000 | 11,274,000 | 10,863,000 | 9,512,000 | 12,886,000 | 11,887,000 | 11,718,000 | 9,547,000 | 12,164,000 | 9,460,000 | 11,548,000 | 10,205,000 | 19,707,000 | 11,866,000 | 11,391,000 | 10,116,000 | 21,362,000 | 12,827,000 |
| subscriptions and licenses | 343,645,000 | 353,110,000 | 329,902,000 | 314,513,000 | 308,307,000 | 316,601,000 | 285,354,000 | 282,638,000 | 270,961,000 | 287,392,000 | 263,653,000 | 244,767,000 | 243,739,000 | 251,438,000 | 246,710,000 | 224,093,000 | 196,843,000 | 198,241,000 | 199,624,000 | 186,001,000 |
| services | 20,461,000 | 17,432,000 | 19,920,000 | 20,660,000 | 22,030,000 | 21,162,000 | 25,287,000 | 23,974,000 | 25,788,000 | 27,019,000 | 23,295,000 | 23,565,000 | 24,546,000 | 24,079,000 | 24,920,000 | 24,387,000 | 26,088,000 | 23,764,000 | 19,943,000 | 16,996,000 |
| total revenues | 364,106,000 | 370,542,000 | 349,822,000 | 335,173,000 | 330,337,000 | 337,763,000 | 310,641,000 | 306,612,000 | 296,749,000 | 314,411,000 | 286,948,000 | 268,332,000 | 268,285,000 | 275,517,000 | 271,630,000 | 248,480,000 | 222,931,000 | 222,005,000 | 219,567,000 | 202,997,000 |
| cost of revenues: | ||||||||||||||||||||
| cost of subscriptions and licenses | 47,758,000 | 46,498,000 | 46,470,000 | 44,220,000 | 42,432,000 | 40,218,000 | 45,231,000 | 42,088,000 | 41,156,000 | 40,931,000 | 39,674,000 | 37,371,000 | 36,806,000 | 33,727,000 | 34,439,000 | 31,056,000 | 29,881,000 | 28,945,000 | 29,337,000 | 23,338,000 |
| cost of services | 21,018,000 | 19,161,000 | 21,442,000 | 20,612,000 | 20,761,000 | 21,612,000 | 22,566,000 | 22,588,000 | 25,270,000 | 26,253,000 | 22,677,000 | 21,812,000 | 22,888,000 | 22,058,000 | 25,128,000 | 23,176,000 | 23,570,000 | 20,344,000 | 21,226,000 | 19,290,000 |
| total cost of revenues | 68,776,000 | 65,659,000 | 67,912,000 | 64,832,000 | 63,193,000 | 61,830,000 | 67,797,000 | 64,676,000 | 66,426,000 | 67,184,000 | 62,351,000 | 59,183,000 | 59,694,000 | 55,785,000 | 59,567,000 | 54,232,000 | 53,451,000 | 49,289,000 | 50,563,000 | 42,628,000 |
| gross profit | 295,330,000 | 304,883,000 | 281,910,000 | 270,341,000 | 267,144,000 | 275,933,000 | 242,844,000 | 241,936,000 | 230,323,000 | 247,227,000 | 224,597,000 | 209,149,000 | 208,591,000 | 219,732,000 | 212,063,000 | 194,248,000 | 169,480,000 | 172,716,000 | 169,004,000 | 160,369,000 |
| yoy | 10.55% | 10.49% | 16.09% | 11.74% | 15.99% | 11.61% | 8.12% | 15.68% | 10.42% | 12.51% | 5.91% | 7.67% | 23.08% | 27.22% | 25.48% | 21.13% | ||||
| qoq | -3.13% | 8.15% | 4.28% | 1.20% | -3.19% | 13.63% | 0.38% | 5.04% | -6.84% | 10.08% | 7.39% | 0.27% | -5.07% | 3.62% | 9.17% | 14.61% | -1.87% | 2.20% | 5.38% | |
| gross margin % | ||||||||||||||||||||
| operating expenses: | ||||||||||||||||||||
| research and development | 75,385,000 | 72,450,000 | 77,099,000 | 70,068,000 | 65,709,000 | 68,371,000 | 71,237,000 | 65,465,000 | 70,117,000 | 67,800,000 | 67,890,000 | 63,827,000 | 64,866,000 | 61,273,000 | 63,002,000 | 57,334,000 | 52,776,000 | 47,803,000 | 45,945,000 | 50,217,000 |
| selling and marketing | 69,873,000 | 63,059,000 | 78,722,000 | 64,940,000 | 57,129,000 | 54,386,000 | 64,074,000 | 53,757,000 | 54,364,000 | 52,141,000 | 53,946,000 | 46,114,000 | 49,617,000 | 45,945,000 | 47,394,000 | 44,392,000 | 38,014,000 | 32,440,000 | 36,240,000 | 41,824,000 |
| general and administrative | 49,857,000 | 47,228,000 | 57,679,000 | 51,359,000 | 54,854,000 | 46,482,000 | 51,995,000 | 42,678,000 | 39,258,000 | 46,807,000 | 45,666,000 | 37,794,000 | 40,033,000 | 51,154,000 | 39,883,000 | 35,329,000 | 41,878,000 | 33,388,000 | 28,176,000 | 33,006,000 |
| deferred compensation plan | 7,584,000 | -1,246,000 | -1,283,000 | 6,983,000 | 883,000 | 5,799,000 | 8,817,000 | -3,160,000 | 3,777,000 | 4,146,000 | 6,091,000 | -4,576,000 | -12,159,000 | -5,138,000 | 5,719,000 | 88,965,000 | ||||
| amortization of purchased intangibles | 8,201,000 | 8,208,000 | 8,281,000 | 8,361,000 | 8,392,000 | 8,964,000 | 8,948,000 | 9,517,000 | 9,502,000 | 10,548,000 | 10,245,000 | 10,446,000 | 10,517,000 | 9,906,000 | 8,898,000 | 8,676,000 | 4,589,000 | 3,438,000 | 4,368,000 | 3,869,000 |
| total operating expenses | 210,900,000 | 189,699,000 | 220,498,000 | 201,711,000 | 186,967,000 | 184,002,000 | 205,071,000 | 168,257,000 | 177,018,000 | 181,442,000 | 183,838,000 | 153,605,000 | 152,874,000 | 163,140,000 | 164,896,000 | 234,696,000 | 137,257,000 | 117,069,000 | 114,729,000 | 155,046,000 |
| income from operations | 84,430,000 | 115,184,000 | 61,412,000 | 68,630,000 | 80,177,000 | 91,931,000 | 37,773,000 | 73,679,000 | 53,305,000 | 65,785,000 | 40,759,000 | 55,544,000 | 55,717,000 | 56,592,000 | 47,167,000 | -40,448,000 | 32,223,000 | 55,647,000 | 54,275,000 | 5,323,000 |
| yoy | 5.30% | 25.29% | 62.58% | -6.85% | 50.41% | 39.74% | -7.33% | 32.65% | -4.33% | 16.24% | -13.59% | -237.32% | 72.91% | 1.70% | -13.10% | -859.87% | ||||
| qoq | -26.70% | 87.56% | -10.52% | -14.40% | -12.79% | 143.38% | -48.73% | 38.22% | -18.97% | 61.40% | -26.62% | -0.31% | -1.55% | 19.98% | -216.61% | -225.53% | -42.09% | 2.53% | 919.63% | |
| operating margin % | ||||||||||||||||||||
| interest expense | -3,519,000 | -3,808,000 | -5,755,000 | -4,669,000 | -5,100,000 | -6,520,000 | -9,170,000 | -10,047,000 | -9,484,000 | -11,092,000 | -11,589,000 | -8,382,000 | -7,622,000 | -7,042,000 | -3,883,000 | -3,836,000 | -2,453,000 | -2,319,000 | -3,026,000 | -1,934,000 |
| other income | -1,596,000 | 449,000 | 8,619,000 | -5,087,000 | 2,280,000 | 7,137,000 | -14,429,000 | 5,953,000 | 965,000 | 289,000 | 9,980,000 | 180,000 | 3,497,000 | 10,641,000 | 1,483,000 | -957,000 | -3,777,000 | 14,482,000 | 18,190,000 | 13,741,000 |
| income before income taxes | 79,315,000 | 111,825,000 | 64,276,000 | 58,874,000 | 77,357,000 | 92,548,000 | 14,174,000 | 69,585,000 | 44,786,000 | 54,982,000 | 39,150,000 | 47,342,000 | 51,592,000 | 60,191,000 | 44,767,000 | -45,241,000 | 25,993,000 | 67,810,000 | 69,439,000 | 17,130,000 |
| benefit from income taxes | -8,876,000 | -20,488,000 | -11,024,750 | -16,522,000 | -22,247,000 | -5,526,750 | -16,514,000 | -9,492,000 | -3,231,000 | -10,358,000 | -5,536,250 | -10,705,000 | ||||||||
| equity in net income of investees, net of tax | 61,000 | 1,000 | 19,000 | 9,000 | ||||||||||||||||
| net income | 70,500,000 | 91,338,000 | 49,739,000 | 42,338,000 | 72,046,000 | 70,310,000 | 179,585,000 | 53,027,000 | 48,685,000 | 45,490,000 | 25,722,000 | 36,997,000 | 55,673,000 | 56,388,000 | 41,404,000 | -50,128,000 | 44,910,000 | 57,006,000 | 51,932,000 | 5,844,000 |
| yoy | -2.15% | 29.91% | -72.30% | -20.16% | 47.98% | 54.56% | 598.18% | 43.33% | -12.55% | -19.33% | -37.88% | -173.81% | 23.97% | -1.08% | -20.27% | -957.77% | ||||
| qoq | -22.81% | 83.63% | 17.48% | -41.23% | 2.47% | -60.85% | 238.67% | 8.92% | 7.02% | 76.85% | -30.48% | -33.55% | -1.27% | 36.19% | -182.60% | -211.62% | -21.22% | 9.77% | 788.64% | |
| net income margin % | ||||||||||||||||||||
| less: net income attributable to noncontrolling interest | 18,000 | -30,000 | ||||||||||||||||||
| net income attributable to bentley systems | 70,482,000 | 91,368,000 | ||||||||||||||||||
| net income per share | 0.148 | 0.13 | 0.23 | 0.22 | 0.58 | 0.17 | 0.16 | 0.15 | 0.09 | 0.12 | 0.18 | 0.18 | 0.13 | -0.16 | 0.15 | 0.19 | 0.18 | 0.02 | ||
| basic | 0.22 | 0.29 | ||||||||||||||||||
| diluted | 0.22 | 0.28 | ||||||||||||||||||
| weighted-average shares: | ||||||||||||||||||||
| basic | 314,622,491 | 315,130,071 | 314,886,615 | |||||||||||||||||
| diluted | 332,824,020 | 333,441,006 | 333,774,167 | |||||||||||||||||
| operating income: | ||||||||||||||||||||
| equity in net (losses) income of investees, net of tax | 3,500 | -14,000 | ||||||||||||||||||
| per share information: | ||||||||||||||||||||
| net income per share | 0.148 | 0.13 | 0.23 | 0.22 | 0.58 | 0.17 | 0.16 | 0.15 | 0.09 | 0.12 | 0.18 | 0.18 | 0.13 | -0.16 | 0.15 | 0.19 | 0.18 | 0.02 | ||
| weighted-average shares, basic | 315,207,216 | 314,980,580 | 314,295,102 | 312,358,823 | 313,069,132 | 311,914,602 | 310,758,802 | 309,226,677 | 310,116,104 | 308,244,778 | 307,969,672 | 305,711,345 | 308,195,379 | 304,066,038 | 302,583,452 | |||||
| weighted-average shares, diluted | 333,789,636 | 333,780,984 | 333,623,518 | 332,503,633 | 332,825,186 | 332,352,725 | 331,251,884 | 331,765,158 | 325,170,383 | 332,275,216 | 331,330,256 | 314,610,814 | 308,195,379 | 324,478,086 | 321,736,649 | |||||
| benefit for income taxes | -5,330,000 | 3,899,000 | -13,062,000 | -9,664,000 | 4,674,000 | -2,717,000 | -4,223,000 | 20,746,000 | ||||||||||||
| income from investments accounted for using the equity method, net of tax | -11,000 | -44,000 | ||||||||||||||||||
| income from investment accounted for using the equity method, net of tax | -461,500 | -681,000 | -593,000 | -572,000 | -646,000 | -664,000 | -1,829,000 | -446,000 | -1,027,000 | -581,000 | ||||||||||
| less: net income attributable to participating securities | -11,000 | -11,000 | -11,000 | -9,000 | -3,000 | -3,000 | -3,000 | -230,000 | -4,000 | |||||||||||
| net income attributable to class a and class b common stockholders | 25,711,000 | 36,986,000 | 55,662,000 | 56,379,000 | 41,401,000 | -50,131,000 | 44,907,000 | 57,006,000 | 51,702,000 | 5,840,000 | ||||||||||
| expenses associated with initial public offering | 26,130,000 | |||||||||||||||||||
| weighted-average shares outstanding, basic | 289,863,272 | 289,318,391 | ||||||||||||||||||
| weighted-average shares outstanding, diluted | 299,371,129 | 299,634,961 |
We provide you with 20 years income statements for Bentley Systems stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Bentley Systems stock. Explore the full financial landscape of Bentley Systems stock with our expertly curated income statements.
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