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Bentley Systems (BSY) Revenue & Revenue Breakdown

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Bentley Systems Revenue Highlights

Latest Revenue (Y)

$1.35B

Latest Revenue (Q)

$335.17M

Main Segment (Y)

Subscriptions And Licenses

Main Geography (Y)

United States, Canada, And Latin America

Bentley Systems Revenue by Period

Bentley Systems Revenue by Year

DateRevenueChange
2024-12-31$1.35B10.15%
2023-12-31$1.23B11.77%
2022-12-31$1.10B13.89%
2021-12-31$965.05M20.40%
2020-12-31$801.54M8.81%
2019-12-31$736.65M6.50%
2018-12-31$691.71M-

Bentley Systems generated $1.35B in revenue during NA 2024, up 10.15% compared to the previous quarter, and up 183.68% compared to the same period a year ago.

Bentley Systems Revenue by Quarter

DateRevenueChange
2024-09-30$335.17M1.46%
2024-06-30$330.34M-2.20%
2024-03-31$337.76M8.73%
2023-12-31$310.64M1.31%
2023-09-30$306.61M3.32%
2023-06-30$296.75M-5.62%
2023-03-31$314.41M9.57%
2022-12-31$286.95M6.94%
2022-09-30$268.33M0.02%
2022-06-30$268.29M-2.62%
2022-03-31$275.52M2.91%
2021-12-31$267.73M7.75%
2021-09-30$248.48M11.46%
2021-06-30$222.93M0.42%
2021-03-31$222.00M1.11%
2020-12-31$219.57M8.16%
2020-09-30$203.00M10.15%
2020-06-30$184.29M-5.34%
2020-03-31$194.69M-4.06%
2019-12-31$202.92M8.75%
2019-09-30$186.59M7.50%
2019-06-30$173.57M-
2019-03-31$173.57M-1.80%
2018-12-31$176.75M-

Bentley Systems generated $335.17M in revenue during Q3 2024, up 1.46% compared to the previous quarter, and up 112.95% compared to the same period a year ago.

Bentley Systems Revenue Breakdown

Bentley Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Service$84.43M$102.07M$95.48M$99.16M$64.89M
Subscriptions And Licenses$1.27B$1.13B$1.00B$865.89M$736.65M
Enterprise License Subscriptions$530.37M$433.32M$345.68M$290.10M$221.52M
Enterprise License Subscriptions, E365 Subscriptions$518.00M$411.02M$306.90M$223.29M-
Term License Subscriptions$434.49M$388.70M$350.23M$253.43M$187.00M
SELECT Subscriptions$258.50M$258.29M$264.31M$269.28M$270.75M
Subscription and Circulation$1.22B$1.08B$960.22M$812.81M$679.27M
Professional Services, Recurring$14.64M$16.37M$17.80M$21.34M$17.39M
Professional Services, Other$69.13M$85.70M$77.68M$77.82M$47.50M
Perpetual Licenses$45.96M$46.04M$43.38M$53.08M$57.38M

Bentley Systems's latest annual revenue breakdown by segment (product or service), as of Dec 24: Subscriptions And Licenses (28.54%), Subscription and Circulation (27.50%), Enterprise License Subscriptions (11.92%), Enterprise License Subscriptions, E365 Subscriptions (11.65%), Term License Subscriptions (9.77%), SELECT Subscriptions (5.81%), Service (1.90%), Professional Services, Other (1.55%), Perpetual Licenses (1.03%), and Professional Services, Recurring (0.33%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Enterprise License Subscriptions$267.17M$135.67M$127.53M$114.42M$111.32M$103.67M$103.90M$93.22M$89.04M$81.59M$81.83M$76.04M$75.38M$67.66M$71.02M$56.26M$55.98M
Professional Services, Other$34.51M$17.27M$17.35M$21.65M$20.37M$20.84M$22.84M$18.92M$19.01M$20.37M$19.38M$19.82M$19.23M$21.08M$17.69M$14.18M$12.69M
Perpetual Licenses$25.18M$11.27M$9.51M$12.89M$11.89M$11.72M$9.55M$12.16M$9.46M$11.55M$10.21M$19.71M$11.87M$11.39M$10.12M$21.36M$12.83M
Enterprise License Subscriptions, E365 Subscriptions$261.61M$133.35M$123.04M$109.77M$107.68M$99.25M$94.33M$85.10M$80.30M$72.91M$68.60M$61.17M$60.10M$53.75M---
Subscription and Circulation$613.03M$303.24M$307.09M$272.47M$270.75M$259.24M$277.85M$251.49M$235.31M$232.19M$241.23M$227.00M$212.23M$185.45M$188.13M$178.26M$173.17M
Term License Subscriptions$215.50M$102.97M$116.02M$90.59M$96.03M$91.48M$110.60M$90.75M$82.66M$84.02M$92.81M$81.40M$70.20M$50.86M$50.97M$51.10M$49.69M
SELECT Subscriptions$130.36M$64.61M$63.54M$67.45M$63.41M$64.08M$63.34M$67.52M$63.61M$66.58M$66.60M$69.56M$66.65M$66.93M$66.14M$70.90M$67.51M
Professional Services, Recurring$7.44M$3.39M$3.81M$3.64M$3.61M$4.95M$4.18M$4.37M$4.56M$4.17M$4.70M$5.10M$5.16M$5.01M$6.08M$5.76M$4.31M
Subscriptions And Licenses$638.21M$314.51M$316.60M$285.35M$282.64M$270.96M$287.39M$263.65M$244.77M$243.74M$251.44M$246.71M$224.09M$196.84M$198.24M$199.62M$186.00M
Service$42.16M$20.66M$21.61M$25.29M$23.97M$25.79M$27.02M$23.30M$23.57M$24.55M$24.08M$24.92M$24.39M$26.09M$23.76M$19.94M$17.00M

Bentley Systems's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Subscriptions And Licenses (28.55%), Subscription and Circulation (27.43%), Enterprise License Subscriptions (11.95%), Enterprise License Subscriptions, E365 Subscriptions (11.70%), Term License Subscriptions (9.64%), SELECT Subscriptions (5.83%), Service (1.89%), Professional Services, Other (1.54%), Perpetual Licenses (1.13%), and Professional Services, Recurring (0.33%).

Bentley Systems Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21Dec 20
Asia Pacific$247.71M$223.94M$201.48M$181.84M$151.76M
United States, Canada, And Latin America$717.00M$650.93M$584.79M$483.09M$395.75M
UNITED STATES$561.68M$511.83M$459.51M$393.87M$348.22M
EMEA$388.38M$353.55M$312.80M$300.12M$254.04M

Bentley Systems's latest annual revenue breakdown by geography, as of Dec 24: United States, Canada, And Latin America (37.45%), UNITED STATES (29.33%), EMEA (20.28%), and Asia Pacific (12.94%).

Quarterly Revenue by Country

CountryDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Asia Pacific$124.63M$64.22M$58.86M$58.95M$57.29M$54.47M$53.23M$57.26M$51.32M$49.13M$43.78M$55.02M$45.91M$41.61M$39.30M$42.64M$37.56M
United States, Canada, And Latin America$357.20M$175.61M$184.19M$161.38M$162.37M$158.84M$168.34M$144.58M$141.60M$144.36M$154.26M$135.33M$126.58M$112.31M$108.86M$107.80M$102.10M
UNITED STATES$284.09M$139.34M$138.25M$127.02M$129.51M$127.85M$127.45M$112.55M$122.37M$108.46M$116.13M$104.62M$104.81M$91.50M$92.94M$97.03M$91.99M
EMEA$198.33M$95.34M$94.71M$90.32M$86.96M$83.44M$92.83M$85.11M$75.42M$74.80M$77.48M$81.28M$75.98M$69.02M$73.85M$69.12M$63.34M

Bentley Systems's latest quarterly revenue breakdown by geography, as of Dec 24: United States, Canada, And Latin America (37.04%), UNITED STATES (29.46%), EMEA (20.57%), and Asia Pacific (12.93%).

Bentley Systems Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
SAPSAP SE$31.21B$8.04B
ROPRoper$7.04B$1.76B
SSNCSS&C Technologies$5.88B$1.47B
CDNSCadence Design Systems$4.64B$1.22B
ANSSANSYS$2.54B$601.89M
PTCPTC$2.30B$565.13M
TYLTyler$2.14B$543.34M
DTDynatrace$1.43B$436.17M
PCTYPaylocity$1.40B$376.98M
BSYBentley Systems$1.35B$335.17M
MANHManhattan Associates$1.04B$266.68M
ALRMAlarm.com$939.83M$240.50M
CALXCalix$831.52M$200.94M
APPFAppFolio$794.20M$205.73M
WKWorkiva$738.68M$177.50M
BRZEBraze$593.41M$152.05M
NCNOnCino$540.66M$138.80M
INTAIntapp$430.52M$121.21M
BLKBBlackbaud$639.20K$286.73M

BSY Revenue FAQ

What is Bentley Systems’s yearly revenue?

Bentley Systems's yearly revenue for 2024 was $1.35B, representing an increase of 10.15% compared to 2023. The company's yearly revenue for 2023 was $1.23B, representing an increase of 11.77% compared to 2022. BSY's yearly revenue for 2022 was $1.1B, representing an increase of 13.89% compared to 2021.

What is Bentley Systems’s quarterly revenue?

Bentley Systems's quarterly revenue for Q3 2024 was $335.17M, a 1.46% increase from the previous quarter (Q2 2024), and a 9.32% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $330.34M, a -2.20% decrease from the previous quarter (Q1 2024), and a 11.32% increase year-over-year (Q2 2023). BSY's quarterly revenue for Q1 2024 was $337.76M, a 8.73% increase from the previous quarter (Q4 2023), and a 7.43% increase year-over-year (Q1 2023).

What is Bentley Systems’s revenue growth rate?

Bentley Systems's revenue growth rate for the last 3 years (2022-2024) was 23.11%, and for the last 5 years (2020-2024) was 68.81%.

What are Bentley Systems’s revenue streams?

Bentley Systems's revenue streams in c 24 are Service, Subscriptions And Licenses, Enterprise License Subscriptions, Enterprise License Subscriptions, E365 Subscriptions, Term License Subscriptions, SELECT Subscriptions, Subscription and Circulation, Professional Services, Recurring, Professional Services, Other, and Perpetual Licenses. Service generated $84.43M in revenue, accounting 1.90% of the company's total revenue, down -17.28% year-over-year. Subscriptions And Licenses generated $1.27B in revenue, accounting 28.54% of the company's total revenue, up 12.69% year-over-year. Enterprise License Subscriptions generated $530.37M in revenue, accounting 11.92% of the company's total revenue, up 22.40% year-over-year. Enterprise License Subscriptions, E365 Subscriptions generated $518M in revenue, accounting 11.65% of the company's total revenue, up 26.03% year-over-year. Term License Subscriptions generated $434.49M in revenue, accounting 9.77% of the company's total revenue, up 11.78% year-over-year. SELECT Subscriptions generated $258.5M in revenue, accounting 5.81% of the company's total revenue, up 0.08% year-over-year. Subscription and Circulation generated $1.22B in revenue, accounting 27.50% of the company's total revenue, up 13.24% year-over-year. Professional Services, Recurring generated $14.64M in revenue, accounting 0.33% of the company's total revenue, down -10.56% year-over-year. Professional Services, Other generated $69.13M in revenue, accounting 1.55% of the company's total revenue, down -19.33% year-over-year. Perpetual Licenses generated $45.96M in revenue, accounting 1.03% of the company's total revenue, down -0.17% year-over-year.

What is Bentley Systems’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Bentley Systems was Subscriptions And Licenses. This segment made a revenue of $1.27B, representing 28.54% of the company's total revenue.