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Bentley Systems, Incorporated (BSY) Stock: Price, Forecast & Analyst Target

Bentley Systems, Incorporated (BSY) — MoonshotScore 65/100 (Strong band), calculated Oct 5, 2026. Price $32.23 (-1.59%), as of the Oct 2, 2026 trading session; market cap $9.42B. Expected results Nov 4, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 64.09× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Nov 4, 2026

$32.23 −$0.52 (-1.59%) Market Cap $9.42B

Bentley Systems, Incorporated · BSY · NASDAQ · Technology · Software - Application

Research dated 2026-09-13: Bentley Systems sells specialized software for designing, constructing and operating infrastructure, with subscriptions and licenses anchoring the reporting model. The case depends on whether expanding infrastructure workflows keep producing high-margin growth and strong cash generation while debt remains well above liquid resources.

Price as of Oct 2, 2026

Key Statistics

65 of 100

MoonshotScore v2 · Bentley Systems (BSY)

Strong
Business Quality Elite (81)
Financial Safety Strained (37)
Valuation Full (45)
Growth Durability Growing (75)
Momentum Quiet (40)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

High quality and durable growth, but a strained balance sheet. Business Quality: Elite; Financial Safety: Strained; Valuation: Full; Growth Durability: Growing; Momentum: Quiet.

  • quarterly revenue $411M (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 5 of 8
  • Altman Z 3.04 · Piotroski F 9

Helping: business quality, durable growth

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for BSY (29 recorded, newest six shown)
RecordedScoreBand
65Strong
65Strong
65Strong
65Strong
63Fair
63Fair

The score moved from 64 in the stored Oct 4, 2026 snapshot to 65 in the current publication computed Oct 5, 2026 (+1). This current publication is not yet represented in the immutable snapshot archive.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$32.23
Change on the day-1.59%
52-week range$28.08–$57.25
Market capitalisation$9.42B
Price / earnings (trailing)35.03
Shares traded on the day1.57M
Beta (volatility vs the S&P 500)0.98
Dividends per share (last 12 months)$0.28
Dividend yield (last 12 months)0.87%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $29, high $55, latest $32. 4 reported quarters marked, 3 above and 1 below the recorded estimate. $55 $29 high $55 Nov 5, 2025 · Earnings results · reported below the recorded estimate · close $471Feb 26, 2026 · Earnings results · reported above the recorded estimate · close $372May 7, 2026 · Earnings results · reported above the recorded estimate · close $333Aug 6, 2026 · Earnings results · reported above the recorded estimate · close $354 Sep 5, 2025 Oct 2, 2026 · $32 $54Sep 5, 2025$53Sep 19, 2025$55Oct 3, 2025$51Oct 17, 2025$51Oct 31, 2025$43Nov 14, 2025$42Nov 28, 2025$41Dec 12, 2025$39Dec 26, 2025$40Jan 9, 2026$39Jan 23, 2026$33Feb 6, 2026$34Feb 20, 2026$40Mar 6, 2026$38Mar 20, 2026$35Apr 2, 2026$35Apr 17, 2026$34May 1, 2026$32May 15, 2026$33May 29, 2026$31Jun 12, 2026$30Jun 26, 2026$32Jul 10, 2026$31Jul 24, 2026$35Aug 7, 2026$37Aug 21, 2026$34Sep 4, 2026$33Sep 18, 2026$32Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · below the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

The provider's estimated date can change.

What to watch next

Council Score · weighted blend of 2 available disciplines

Council score for Bentley Systems (BSY): Bullish Lean

59/100 · B

Some lenses disagree with the MoonshotScore. Compare their readings below; each uses a different method.

5-Factor Breakdown

Growth Durability Moderate
Momentum Neutral
Business Quality Strong
Financial Safety Weak
Valuation Neutral

Legends Council

5 lenses, 5 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Unfavorable read
Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Neutral read
Moon AI lens (model) Favorable read

Read on: Oct 5, 2026

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Fairly Valued
Profit Margin Moderate
Revenue Growth Moderate
Debt/Equity Negative
ROE Strong
Gross Margin Strong

Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

Two of these lenses read this company less favourably than the MoonshotScore does: Griffin-style lens and Englander-style lens. Each lens is a separate scoring function over its own inputs, so a disagreement is a difference of method rather than a correction — the page's answer stays the MoonshotScore above.

On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the BSY film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Bentley Systems (BSY), and what does it report?

Short answer · as of

Bentley is not a general-purpose application software vendor. Its tools serve civil, structural, geotechnical and geospatial professionals across design modeling, subsurface analysis, project delivery and asset operations; MicroStation, ProjectWise, SYNCHRO, AssetWise and Seequent products occupy different stages of that infrastructure lifecycle.

Research dated 2026-09-13.

Bentley is not a general-purpose application software vendor. Its tools serve civil, structural, geotechnical and geospatial professionals across design modeling, subsurface analysis, project delivery and asset operations; MicroStation, ProjectWise, SYNCHRO, AssetWise and Seequent products occupy different stages of that infrastructure lifecycle.

Reported revenue primarily reflects subscriptions and licenses rather than the sale of infrastructure assets or engineering labor. That makes adoption, renewal and expansion of software access more important than the timing of any individual construction project.

Sources (as of 2026-09-13): Business description; Sector / industry (provider taxonomy); Revenue by segment; Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for Bentley Systems (BSY)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $411M.

Research dated 2026-09-13.

The latest reported quarter extended year-over-year revenue growth, with gross profit, operating profit and net income also above the comparable period. Sequentially, however, revenue eased from the preceding quarter and operating profit fell more sharply, showing that continued top-line expansion does not guarantee smooth profit progression.

Reported earnings exceeded the prevailing estimate while revenue came in slightly below it. Research and development remained elevated and selling, general and administrative expense increased sequentially, giving operating costs a visible role in the profit decline.

Sources (as of 2026-09-13): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Reported versus estimated, last 8 quarters; Most recent periodic reports

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$410.73M Jun 30, 2026
Latest quarter · R&D
$82.09M Jun 30, 2026
Latest quarter · SG&A
$146.09M Jun 30, 2026
Latest quarter · FMP standardized operating result
$88.61M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$410.73M$82.09M$146.09M$88.61M
Mar 31, 2026$424.18M$83.00M$132.71M$126.26M
Dec 31, 2025$391.58M$80.99M$138.56M$78.51M
Sep 30, 2025$375.55M$78.75M$131.96M$84.50M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$410.73M Aug 6, 2026
Latest report · revenue estimate
$412.12M Aug 6, 2026
Latest report · revenue vs estimate
Below estimate Aug 6, 2026
Latest report · EPS vs estimate
Above estimate Aug 6, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 6, 2026$410.73M$412.12M$0.3500$0.3162
May 7, 2026$424.18M$419.79M$0.3800$0.3551
Feb 26, 2026$391.58M$381.79M$0.2700$0.2598
Nov 5, 2025$375.55M$369.80M$0.2700$0.2748

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$411M$79M$0.25 (diluted)
Q1 FY2026$424M$95M$0.30 (diluted)
Q4 FY2025$392M$59M$0.18 (diluted)
Q3 FY2025$376M$57M$0.17 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Bentley Systems (BSY)?

Short answer

Cash and short-term investments were $146.98M at the Jun 30, 2026 balance-sheet date. Operating cash flow was $71.51M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-13.

Bentley combines high gross margins with positive operating cash flow and modest capital spending, a favorable cash-conversion structure for specialized software. Cash generation varies materially between quarters, so a trailing view is more informative than treating the latest period as a steady run rate.

Debt substantially exceeds cash and investments, while short-term liquidity ratios sit below parity. The principal financial risk is a slowdown in subscription expansion while research, sales and administrative spending remain substantial; that combination would pressure operating leverage and make the debt load more consequential.

The quality screen is strong, but the distress screen is less emphatic, and valuation ratios require continued earnings delivery. A modest dividend does little to change that dependence on operating performance.

Sources (as of 2026-09-13): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Recent dividends paid; Dividend yield, last 12 months

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$71.51M Jun 30, 2026
Previous quarter · operating cash flow
$193.41M Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$71.51M−$7.71M
Mar 31, 2026$193.41M−$5.55M
Dec 31, 2025$141.59M−$5.42M
Sep 30, 2025$116.38M−$5.70M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Bentley Systems (BSY)?

Short answer · as of

The next earnings report is expected on Nov 4, 2026.

Research dated 2026-09-13.

Watch whether revenue resumes sequential growth and whether operating profit recovers alongside it. The scheduled earnings release also offers a direct check against expectations after the latest period paired an earnings beat with a narrow revenue miss.

Cash flow deserves equal attention: operating cash generation dropped sharply from the preceding period even as the cash balance improved. Sustained cash conversion, rather than a favorable isolated quarter, would provide stronger evidence that subscription growth is funding the business and containing balance-sheet risk.

Longer-range consensus estimates assume continuing growth in revenue and earnings. Renewal and expansion across enterprise subscriptions, project delivery and subsurface applications must support that path without requiring expense growth that absorbs the incremental gross profit.

Sources (as of 2026-09-13): Next earnings report; Reported versus estimated, last 8 quarters; Analyst revenue and earnings estimates (average); Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Revenue by segment

5 · Peer comparison

How does Bentley Systems compare with its peers?

Short answer

Bentley Systems's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-13.

Bentley differs from horizontal software peers through its concentration on infrastructure engineering workflows. Design models can move through ProjectWise and SYNCHRO into asset and network operations, while Seequent extends the portfolio below ground; the breadth lies within an infrastructure lifecycle rather than across unrelated office tasks.

That specialization accompanies subscription-heavy revenue and high gross margins, but it does not produce a cash-rich balance sheet. Comparisons with similar software businesses therefore need to weigh workflow depth and recurring access against net debt and an earnings multiple that leaves limited room for execution slippage.

Sources (as of 2026-09-13): Business description; Revenue by segment; Trailing twelve-month ratio set; Cash, investments and debt; Cash against market value

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
RingCentral, Inc. (RNG) Same industry, near in market value$78.28 Oct 2, 2026$6.75B94 5-pillar Oct 5, 2026
Manhattan Associates, Inc. (MANH) Same industry, near in market value$204.15 Oct 2, 2026$11.9B92 5-pillar Oct 5, 2026
AppFolio, Inc. (APPF) Same industry, near in market value$202.97 Oct 2, 2026$7.25B92 5-pillar Oct 5, 2026
Okta, Inc. (OKTA) Named competitor$211.49 Oct 2, 2026$35.1B90 5-pillar Oct 5, 2026
Paycom Software, Inc. (PAYC) Same industry, near in market value$220.99 Oct 2, 2026$9.96B90 5-pillar Oct 5, 2026
Full Truck Alliance Co. Ltd. (YMM) Same industry, near in market value$8.17 Oct 2, 2026$8.54B90 5-pillar Oct 5, 2026
The Descartes Systems Group Inc. (DSGX) Same industry, near in market value$80.08 Oct 2, 2026$6.86B88 5-pillar Oct 5, 2026
F5, Inc. (FFIV) Named competitor$454.04 Oct 2, 2026$25.6B81 5-pillar Oct 5, 2026
Elastic N.V. (ESTC) Same industry, near in market value$93.94 Oct 2, 2026$9.77B80 5-pillar Oct 5, 2026
InterDigital, Inc. (IDCC) Same industry, near in market value$335.13 Oct 2, 2026$8.65B80 5-pillar Oct 5, 2026
Paylocity Holding Corporation (PCTY) Same industry, near in market value$144.47 Oct 2, 2026$7.74B79 5-pillar Oct 5, 2026
Dynatrace, Inc. (DT) Named competitor$59.31 Oct 2, 2026$17.3B75 5-pillar Oct 5, 2026
Bentley Systems (BSY) — this page$32.23$9.42B65

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Technology stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$37.00 – $43.00
Consensus target
$40.00
Median target
$40.00

Consensus record · Captured .

Measured against a quoted price of $32.23 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 29, 2026

Transactions
38
Identified insiders
15
Purchases
0
Sales
0
Other transactions
38

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
50.5% Period end Jun 30, 2026
Previous quarter · ownership
48.4% Prior to period end Jun 30, 2026
Reporting holders
411 Period end Jun 30, 2026
Previous quarter · holders
454 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.16,067,886
Vanguard Portfolio Management LLC9,501,795
Norges Bank9,480,213
Swedbank Ab9,000,000
T. Rowe Price Investment Management, INC.7,495,389

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Bentley Systems (BSY)?

Read these with our analysis →

BSY Technology Stock FAQ

Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

What roles do MicroStation and ProjectWise play inside Bentley Systems?

MicroStation supports infrastructure modeling and design, while ProjectWise supports collaboration, work sharing and project delivery. Together they place Bentley software across creation and coordination rather than within a narrowly isolated design task.

Sources (as of 2026-09-13): Business description; Revenue by segment

How does Seequent change Bentley Systems beyond surface infrastructure design?

Seequent applications model near-surface and deep-subsurface environments for geotechnical and geoscience users. This adds specialized earth and subsurface workflows to Bentley’s broader design, construction and asset portfolio.

Sources (as of 2026-09-13): Business description

Why can Bentley Systems profit move differently from revenue?

Gross profit is high, but research and development plus selling and administrative costs are substantial. Recent results show revenue remaining above the comparable period while sequential operating profit weakened, illustrating how expense movement can outweigh modest changes in sales.

Sources (as of 2026-09-13): Quarterly income statement (USD thousands); Trailing twelve-month ratio set; Annual revenue and net result (USD millions)

Do Bentley Systems insider records show open-market buying or selling?

Recent recorded activity consists of awards, gifts and in-kind transactions rather than open-market purchases or sales. Those transaction types describe what occurred but do not establish insider intent.

Sources (as of 2026-09-13): Insider transactions, last 180 days; What the sources do not tell us

What is the BSY stock price today?

The last price recorded on this page for Bentley Systems, Incorporated (BSY) is $32.23, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the BSY price target?

The analyst consensus price target for Bentley Systems, Incorporated (BSY) is $40.00 (range $37.00 to $43.00, median $40.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Does BSY pay a dividend?

Yes. Bentley Systems, Incorporated (BSY) shows a trailing 12-month dividend yield of 0.87%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-13): Business description; Sector / industry (provider taxonomy); Revenue by segment; Trailing twelve-month ratio set; Cash, investments and debt; Operating cash flow by quarter (USD millions)

Sources — records for every figure on this page (85 figures)

The 85 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 1 fact from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
id.hqSEC filing business addressExton, PAOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "685 Stockton Drive, Exton, PA, 19341, US".

FMP — 75 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateNov 4, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$32.23FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T14:44:43.245Z.
px.changeChange on the day-1.59%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$9.42BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-04T14:44:42.154Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$0.52FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$411MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$28.08–$57.25FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)35.03FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day1.57MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.98FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveNicholas H. CuminsFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.founderFounder named in the filingKeith Arthur Bentley — Founder, Technology Advisor, Executive Vice President & DirectorFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees5,800FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $965.05M, net result $93.19M; FY2022 revenue $1.10B, net result $174.78M; FY2023 revenue $1.23B, net result $326.79M; FY2024 revenue $1.35B, net result $234.79M; FY2025 revenue $1.50B, net result $277.86MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsSubscriptions And Licenses $1.42B · Term License Subscriptions $486.39M · Subscription and Circulation $1.38B · Enterprise License Subscriptions $623.06M · Enterprise License Subscriptions, E365 Subscriptions $614.31MFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)81.8%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$410.73MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.rd_kR&D — period end 2026-06-30$82.09MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$146.09MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$88.61MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$424.18MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.rd_kR&D — period end 2026-03-31$83.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$132.71MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$126.26MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$391.58MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.rd_kR&D — period end 2025-12-31$80.99MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$138.56MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$78.51MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$375.55MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.rd_kR&D — period end 2025-09-30$78.75MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$131.96MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$84.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-06.revenue_actualRevenue · reported — report date 2026-08-06$410.73MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-06.revenue_estimatedRevenue · estimate — report date 2026-08-06$412.12MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-06.eps_actualEPS · reported — report date 2026-08-06$0.3500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-06.eps_estimatedEPS · estimate — report date 2026-08-06$0.3162Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.revenue_actualRevenue · reported — report date 2026-05-07$424.18MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.revenue_estimatedRevenue · estimate — report date 2026-05-07$419.79MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.eps_actualEPS · reported — report date 2026-05-07$0.3800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.eps_estimatedEPS · estimate — report date 2026-05-07$0.3551Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.revenue_actualRevenue · reported — report date 2026-02-26$391.58MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.revenue_estimatedRevenue · estimate — report date 2026-02-26$381.79MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.eps_actualEPS · reported — report date 2026-02-26$0.2700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-26.eps_estimatedEPS · estimate — report date 2026-02-26$0.2598Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.revenue_actualRevenue · reported — report date 2025-11-05$375.55MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.revenue_estimatedRevenue · estimate — report date 2025-11-05$369.80MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.eps_actualEPS · reported — report date 2025-11-05$0.2700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.eps_estimatedEPS · estimate — report date 2025-11-05$0.2748Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$146.98MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$71.51MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$41.92MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$1.27BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value8.36×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$71.51MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$193.41MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$7.71MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$5.55MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$141.59MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$5.42MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$116.38MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$5.70MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$37.00 – $43.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$40.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$40.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP38 transactions · 0 purchases, 0 sales, 38 other transactions · 15 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 29, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership50.5%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership48.4%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders411FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders454FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot16,067,886FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesVanguard Portfolio Management LLC — shares in provider snapshot9,501,795FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesNorges Bank — shares in provider snapshot9,480,213FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesSwedbank Ab — shares in provider snapshot9,000,000FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesT. Rowe Price Investment Management, INC. — shares in provider snapshot7,495,389FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 5 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-02 · Expired observation
fin.scoresDistress and quality screensAltman Z 3.04 · Piotroski F 9UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments64.09×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $146.98M at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$0.28COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months0.87%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-08-06.revenue_actual.comparisonLatest report · revenue vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($410.73M) with the recorded estimate ($412.12M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-08-06.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.3500) with the recorded estimate ($0.3162) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v265 of 100 · Strong · pillars 81 / 37 / 45 / 75 / 40OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement64 (stored snapshot Oct 4, 2026) → 65 (current publication computed Oct 5, 2026) (+1)OURSStock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.rd_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.rd_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.rd_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.rd_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-06. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-06.revenue_actual, earn.history.depth.2026-08-06.revenue_estimated, earn.history.depth.2026-08-06.revenue_actual.comparison, earn.history.depth.2026-08-06.eps_actual.comparison, earn.history.depth.2026-08-06.eps_actual, earn.history.depth.2026-08-06.eps_estimated, earn.history.depth.2026-05-07.revenue_actual, earn.history.depth.2026-05-07.revenue_estimated, earn.history.depth.2026-05-07.eps_actual, earn.history.depth.2026-05-07.eps_estimated, earn.history.depth.2026-02-26.revenue_actual, earn.history.depth.2026-02-26.revenue_estimated, earn.history.depth.2026-02-26.eps_actual, earn.history.depth.2026-02-26.eps_estimated, earn.history.depth.2025-11-05.revenue_actual, earn.history.depth.2025-11-05.revenue_estimated, earn.history.depth.2025-11-05.eps_actual, earn.history.depth.2025-11-05.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-13

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Bentley Systems, Inc., along with its affiliated companies, delivers specialized software solutions for infrastructure engineering across a global footprint, encompassing the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Its offerings encompass open modeling and simulation software for integrated infrastructure design, featuring tools such as MicroStation, OpenRoads, OpenRail, OpenPlant, OpenBuildings, OpenBridge, OpenSite, OpenFlows, STAAD and RAM, SACS, MOSES, AutoPIPE, SITEOPS, CUBE, DYNAMEQ, EMME, and LEGION. Additionally, it provides geoprofessional applications specifically for modeling and simulating near and deep subsurface environments, including Leapfrog, AGS Workbench, GeoStudio, Imago, MX Deposit, Oasis montaj, PLAXIS, and OpenGround. Bentley Systems further supplies project delivery platforms engineered to foster collaboration, facilitate work-sharing, and enable 4D construction modeling for entities managing infrastructure projects; these include ProjectWise, ProjectWise Design Review Service, and SYNCHRO. The firm also furnishes systems for optimizing asset and network performance, such as AssetWise ALIM, AssetWise Asset Reliability, AssetWise Enterprise Interoperability, AssetWise 4D Analytics, AssetWise Linear, and Seequent Central. Moreover, a range of specialized industry solutions is available, consisting of AssetWise Linear SUPERLOAD, AssetWise Linear Analytics, AssetWise Inspections, ContextCapture, OpenCities, OpenUtilities, OpenTower, OpenWindPower, Power Line, SPIDA, OrbitGT, sensemetrics, PlantSight, and WaterSight. Its diverse clientele spans a broad spectrum of professionals, including civil, structural, geotechnical, and geoscience engineers, architects, geospatial experts, urban and regional planners, as well as contractors, fabricators, and operations and maintenance personnel. Established in 1984, Bentley Systems, Inc. maintains its primary corporate office in Exton, Pennsylvania.
2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Technology / Software - Application

The company's SEC filings classify it under SIC 7372 — Services-Prepackaged Software.

2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Subscriptions And Licenses: $1.42B; Term License Subscriptions: $486.39M; Subscription and Circulation: $1.38B; Enterprise License Subscriptions: $623.06M; Enterprise License Subscriptions, E365 Subscriptions: $614.31M
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Trailing twelve-month ratio set
Quick ratio: 0.59; Current ratio: 0.59; Debt to equity: 1.05; Net margin: 18.1%; Gross margin: 81.8%; Operating margin: 23.6%; Return on assets: 8.1%; Return on equity: 24.1%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-13FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Cash, investments and debt
Total debt: $1.27B; Liquidity basis: cash and short-term investments; Total liabilities: $2.38B; Cash and short-term investments: $146.98M; Cash and investments: $188.90M; Long-term investments: $41.92M; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$7.71M, Operating cash flow: $71.51M
  • Quarter ended 2026-03-31 — Capital expenditure: -$5.55M, Operating cash flow: $193.41M
  • Quarter ended 2025-12-31 — Capital expenditure: -$5.42M, Operating cash flow: $141.59M
  • Quarter ended 2025-09-30 — Capital expenditure: -$5.70M, Operating cash flow: $116.38M
  • Quarter ended 2025-06-30 — Capital expenditure: -$4.09M, Operating cash flow: $61.09M
  • Quarter ended 2025-03-31 — Capital expenditure: -$3.04M, Operating cash flow: $219.42M
  • Quarter ended 2024-12-31 — Capital expenditure: -$5.55M, Operating cash flow: $81.63M
  • Quarter ended 2024-09-30 — Capital expenditure: -$1.81M, Operating cash flow: $86.11M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $307.58M, Revenue: $1.50B, Period end: 2025-12-31, Net result: $277.86M
  • FY2024 — R&D: $281.25M, Revenue: $1.35B, Period end: 2024-12-31, Net result: $234.79M
  • FY2023 — R&D: $274.62M, Revenue: $1.23B, Period end: 2023-12-31, Net result: $326.79M
  • FY2022 — R&D: $257.86M, Revenue: $1.10B, Period end: 2022-12-31, Net result: $174.78M
  • FY2021 — R&D: $220.92M, Revenue: $965.05M, Period end: 2021-12-31, Net result: $93.19M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $0.25 per share, R&D: $82.09M, SG&A: $146.09M, EPS basic: $0.25 per share, EPS basis: diluted, Revenue: $410.73M, EPS diluted: $0.25 per share, Net result: $78.57M, Gross profit: $336.74M, Operating result: $88.61M
  • Quarter ended 2026-03-31 — EPS: $0.3 per share, R&D: $83.00M, SG&A: $132.71M, EPS basic: $0.31 per share, EPS basis: diluted, Revenue: $424.18M, EPS diluted: $0.3 per share, Net result: $95.39M, Gross profit: $350.41M, Operating result: $126.26M
  • Quarter ended 2025-12-31 — EPS: $0.18 per share, R&D: $80.99M, SG&A: $138.56M, EPS basic: $0.18 per share, EPS basis: diluted, Revenue: $391.58M, EPS diluted: $0.18 per share, Net result: $58.64M, Gross profit: $320.68M, Operating result: $78.51M
  • Quarter ended 2025-09-30 — EPS: $0.17 per share, R&D: $78.75M, SG&A: $131.96M, EPS basic: $0.18 per share, EPS basis: diluted, Revenue: $375.55M, EPS diluted: $0.17 per share, Net result: $57.37M, Gross profit: $303.35M, Operating result: $84.50M
  • Quarter ended 2025-06-30 — EPS: $0.22 per share, R&D: $75.39M, SG&A: $127.31M, EPS basic: $0.22 per share, EPS basis: diluted, Revenue: $364.11M, EPS diluted: $0.22 per share, Net result: $70.48M, Gross profit: $295.33M, Operating result: $84.43M
  • Quarter ended 2025-03-31 — EPS: $0.28 per share, R&D: $72.45M, SG&A: $109.04M, EPS basic: $0.29 per share, EPS basis: diluted, Revenue: $370.54M, EPS diluted: $0.28 per share, Net result: $91.37M, Gross profit: $304.88M, Operating result: $115.18M
  • Quarter ended 2024-12-31 — EPS: $0.16 per share, R&D: $77.10M, SG&A: $135.12M, EPS basic: $0.16 per share, EPS basis: diluted, Revenue: $349.82M, EPS diluted: $0.16 per share, Net result: $50.09M, Gross profit: $281.91M, Operating result: $61.41M
  • Quarter ended 2024-09-30 — EPS: $0.13 per share, R&D: $70.07M, SG&A: $123.28M, EPS basic: $0.14 per share, EPS basis: diluted, Revenue: $335.17M, EPS diluted: $0.13 per share, Net result: $42.34M, Gross profit: $270.34M, Operating result: $68.63M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-06 — EPS actual: $0.35 per share, EPS estimated: $0.3162 per share, Revenue actual: $410.73M, Revenue estimated: $412.12M
  • Reported 2026-05-07 — EPS actual: $0.38 per share, EPS estimated: $0.3551 per share, Revenue actual: $424.18M, Revenue estimated: $419.79M
  • Reported 2026-02-26 — EPS actual: $0.27 per share, EPS estimated: $0.2598 per share, Revenue actual: $391.58M, Revenue estimated: $381.79M
  • Reported 2025-11-05 — EPS actual: $0.27 per share, EPS estimated: $0.2748 per share, Revenue actual: $375.55M, Revenue estimated: $369.80M
  • Reported 2025-08-06 — EPS actual: $0.32 per share, EPS estimated: $0.2849 per share, Revenue actual: $364.11M, Revenue estimated: $363.63M
  • Reported 2025-05-07 — EPS actual: $0.35 per share, EPS estimated: $0.303 per share, Revenue actual: $370.54M, Revenue estimated: $366.30M
  • Reported 2025-02-26 — EPS actual: $0.21 per share, EPS estimated: $0.22 per share, Revenue actual: $349.82M, Revenue estimated: $350.37M
  • Reported 2024-11-07 — EPS actual: $0.24 per share, EPS estimated: $0.24 per share, Revenue actual: $335.17M, Revenue estimated: $340.36M
2026-08-06FMPFinancial Modeling Prep (FMP) earnings
Most recent periodic reports2026-08-06OFFICIALSEC EDGAR filer submissions
Cash and investment components
Total basis: cash short and long-term investments; Total: $188.90M; Cash and short-term investments: $147.00M; Long-term investments: $41.90M; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $147.00M, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $105.20M, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $123.30M, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $165.40M, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $89.60M, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $83.60M, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $64.00M, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $72.20M, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$1.12B; Total debt: $1.27B; Cash and investments: $147.00M

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Distress and quality screens
Altman Z-score: 2.95; Piotroski F-score: 9

Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading.

2026-09-13FMPFinancial Modeling Prep (FMP) financial scores
Recent dividends paid
Captured record · 4 entries
  • Ex date: 2026-06-02, Payment date: 2026-06-11, Amount per share: $0.07
  • Ex date: 2026-03-10, Payment date: 2026-03-19, Amount per share: $0.07
  • Ex date: 2025-12-04, Payment date: 2025-12-11, Amount per share: $0.07
  • Ex date: 2025-09-23, Payment date: 2025-09-30, Amount per share: $0.07

Declared amounts per share on their ex-dates. A single payment does not establish an annual rate, and a special dividend is not separated here.

2026-06-02FMPFinancial Modeling Prep (FMP) dividend history
Dividend yield, last 12 months
0.90%

Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.

2026-09-11COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote
Next earnings report
Date: 2026-11-04; EPS estimate: $0.34 per share; Revenue estimate: $420.74M

The date is our provider's estimate until the company confirms it.

2026-09-13FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2025 — EPS average: $1.18 per share, Revenue average: $1.49B, Revenue low: $1.48B, Revenue high: $1.50B, Analysts (revenue): 10
  • FY2026 — EPS average: $1.4 per share, Revenue average: $1.70B, Revenue low: $1.69B, Revenue high: $1.72B, Analysts (revenue): 13
  • FY2027 — EPS average: $1.57 per share, Revenue average: $1.87B, Revenue low: $1.82B, Revenue high: $1.89B, Analysts (revenue): 13
  • FY2028 — EPS average: $1.82 per share, Revenue average: $2.06B, Revenue low: $2.03B, Revenue high: $2.09B, Analysts (revenue): 4
2026-09-13FMPFinancial Modeling Prep (FMP) analyst estimates
Insider transactions, last 180 days
Net shares: 70,317; Window days: 180; Price low: $30.12; Clustered days: 2026-03-17; 2026-03-19; 2026-05-21; 2026-06-11; Price high: $37.88; Buy transactions: 0; Distinct insiders: 14; Sell transactions: 0; Other transactions: 45; Total transactions: 45; Other transaction types: G-Gift: 3, A-Award: 29, F-InKind: 13; Unknown direction transactions: 0

Purchase and sale counts require explicit provider transaction types, without a conflicting acquisition/disposition direction. Other transactions retain their provider type; awards, exercises, gifts and in-kind transactions are not counted as purchases or sales. Net shares sums acquired minus disposed shares across direction-known records, including other transaction types; unknown directions are excluded. It is not net purchases or a verified change in beneficial ownership. Named-insider counts, same-day clusters and positive reported prices cover all retained records. Filing dates are used only when transaction dates are absent. Neither timing nor price establishes motive or whether a transaction was on the open market.

2026-08-31FMPFinancial Modeling Prep (FMP) insider transactions, from Form 4 filings
What the sources do not tell us
Captured record · 3 entries
  • What: We hold fewer than two daily score snapshots for this company, so there is no track to show yet., Family: Score history
  • What: A Form 4 records what an insider transacted, never why. Sales that look like tax withholding on vesting shares are not labelled as such in the filing., Family: Insider intent
  • What: Anything that changed after the most recent filing and has not been announced is not on this page., Family: Between filings

Each entry names a family of information the packet has no fact for.; The list is drawn from a fixed catalogue keyed to fact ids — it is not written per ticker and contains no generated text.; An absent family means our sources did not answer; it does not mean the company has nothing to report.

2026-09-13COMPUTEDDerived from which sources answered this build
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.