← BENTLEY SYSTEMS INC
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $121.1m | $122.0m | $329.3m | $71.7m | $68.4m | $64.0m | $123.3m | |
| Accounts receivable | $211.8m | $195.8m | $241.8m | $296.4m | $302.5m | $322.9m | $350.3m | |
| Prepaid income taxes | $4.5m | $3.5m | $16.9m | $18.4m | $12.8m | $13.1m | $19.8m | |
| Prepaid and other current assets | $23.4m | $24.7m | $34.3m | $38.7m | $44.8m | $50.5m | $53.3m | |
| Total current assets | $353.6m | $340.3m | $615.8m | $415.9m | $419.6m | $442.1m | $539.0m | |
| Property and equipment, net | $29.6m | $28.4m | $31.8m | $32.3m | $40.1m | $33.8m | $36.0m | |
| Intangible assets, net | $46.3m | $45.6m | $245.8m | $292.3m | $248.8m | $214.0m | $193.0m | |
| Goodwill | $480.1m | $581.2m | $1.6b | $2.2b | $2.3b | $2.4b | $2.5b | |
| Operating lease right-of-use assets | $0 | $46.1m | $50.8m | $40.2m | $38.5m | $32.3m | $31.1m | |
| Other assets | $32.2m | $39.5m | $48.6m | $72.2m | $67.3m | $86.4m | $75.5m | |
| Allowance for doubtful accounts | ($7.3m) | ($5.8m) | ($6.5m) | ($9.3m) | ($9.0m) | ($8.4m) | ($7.6m) | |
| Investments | $1.7m | $5.7m | $6.4m | $22.3m | $23.5m | $25.8m | $27.9m | |
| Deferred income taxes | $8.3m | $10.8m | $65.0m | $51.2m | $9.7m | $8.6m | $4.4m | |
| Accruals and other current liabilities | $167.5m | $226.8m | $323.6m | $362.0m | $457.3m | $536.4m | $173.3m | |
| Cloud Services Subscription deposits | — | — | — | — | — | $366.9m | $463.3m | |
| Deferred revenues | $8.2m | $7.0m | $8.0m | $16.1m | $15.9m | $16.6m | $18.4m | |
| Operating lease liabilities | $0 | $16.6m | $17.5m | $14.7m | $11.6m | $11.7m | $13.7m | |
| Income taxes payable | $8.1m | $7.9m | $7.7m | $8.1m | $7.3m | $3.6m | $0 | |
| Deferred compensation plan liabilities | — | $2.4m | $94.9m | $77.0m | $88.2m | $96.7m | $106.8m | |
| Long-term operating lease liabilities | $0 | $31.8m | $35.3m | $27.7m | $30.6m | $26.9m | $22.1m | |
| Other liabilities | $9.3m | $15.4m | $14.3m | $7.4m | $5.4m | $3.8m | $4.8m | |
| Total Bentley Systems stockholders’ equity | $334.6m | $341.6m | $409.2m | — | $883.3m | $1.0b | $1.2b | |
| Total equity | — | — | $409.2m | $573.5m | $884.0m | $1.0b | $1.2b | |
| Total assets | $994.6m | $1.1b | $2.7b | $3.2b | $3.3b | $3.4b | $3.6b | |
| Accounts payable | $17.7m | $16.5m | $16.5m | $15.2m | $18.1m | $16.5m | $27.0m | |
| Current portion of long-term debt | — | $0 | $5.0m | $5.0m | $10.0m | $0 | $0 | |
| Total current liabilities | $392.4m | $465.6m | $593.9m | $628.4m | $760.4m | $814.3m | $960.2m | |
| Long-term debt | $233.8m | $246.0m | $1.4b | $1.8b | $1.5b | $1.4b | $1.2b | |
| Total liabilities | $660.0m | $784.4m | $2.3b | $2.6b | $2.4b | $2.4b | $2.4b | |
| Preferred stock, $0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock | $2.5m | $2.7m | $2.8m | $2.9m | $3.0m | $3.0m | $3.0m | |
| Additional paid-in capital | $408.7m | $741.1m | $937.8m | $1.0b | $1.1b | $1.2b | $1.3b | |
| Accumulated other comprehensive loss | ($23.9m) | ($26.2m) | ($91.8m) | ($89.7m) | ($85.0m) | ($104.1m) | ($74.6m) | |
| Accumulated deficit | ($52.7m) | ($376.0m) | ($439.6m) | ($370.9m) | ($161.9m) | ($75.9m) | ($40.3m) | |
| Noncontrolling interest | — | — | $0 | $704k | $704k | $133k | $79k | |
| Total liabilities and equity | $994.6m | $1.1b | $2.7b | $3.2b | $3.3b | $3.4b | $3.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.