Bentley Systems annual free cash flow
2018
2019
2020
2021
2022
2023
2024
2025
Bentley Systems Free Cash Flow (FCF) History (BSY)
Bentley Systems reported $520.2M in free cash flow for fiscal 2025, an increase of 23.49% from the previous fiscal year, with a free cash flow margin of 34.64%.
View full Bentley Systems company overviewBentley Systems free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $520.2M | $99.0M | +23.49% | +34.64% |
| 2024 | 2024-12-31 | $421.2M | $29.6M | +7.54% | +31.13% |
| 2023 | 2023-12-31 | $391.7M | $135.9M | +53.14% | +31.89% |
| 2022 | 2022-12-31 | $255.8M | −$14.7M | −5.44% | +23.27% |
| 2021 | 2021-12-31 | $270.5M | $28.6M | +11.82% | +28.03% |
| 2020 | 2020-12-31 | $241.9M | $87.8M | +56.94% | +30.18% |
| 2019 | 2019-12-31 | $154.1M | $11.3M | +7.90% | +20.92% |
| 2018 | 2018-12-31 | $142.8M | — | — | +20.65% |
Bentley Systems quarterly free cash flow
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $63.8M | $6.8M | +11.94% | +15.53% |
| Q1 2026 | 2026-03-31 | $187.9M | −$28.5M | −13.18% | +44.29% |
| Q4 2025 | 2025-12-31 | $136.2M | $60.1M | +78.97% | +34.77% |
| Q3 2025 | 2025-09-30 | $110.7M | $26.4M | +31.29% | +29.47% |
| Q2 2025 | 2025-06-30 | $57.0M | −$2.5M | −4.21% | +15.65% |
| Q1 2025 | 2025-03-31 | $216.4M | $15.0M | +7.45% | +58.39% |
| Q4 2024 | 2024-12-31 | $76.1M | −$4.9M | −6.02% | +21.75% |
| Q3 2024 | 2024-09-30 | $84.3M | $19.1M | +29.34% | +25.15% |
| Q2 2024 | 2024-06-30 | $59.5M | −$14.1M | −19.19% | +18.01% |
| Q1 2024 | 2024-03-31 | $201.4M | $29.4M | +17.12% | +59.62% |
| Q4 2023 | 2023-12-31 | $81.0M | $50.4M | +164.89% | +26.06% |
| Q3 2023 | 2023-09-30 | $65.2M | $2.1M | +3.32% | +21.26% |
| Q2 2023 | 2023-06-30 | $73.6M | $9.0M | +14.00% | +24.81% |
| Q1 2023 | 2023-03-31 | $171.9M | $74.4M | +76.25% | +54.69% |
| Q4 2022 | 2022-12-31 | $30.6M | −$43.7M | −58.82% | +10.65% |
| Q3 2022 | 2022-09-30 | $63.1M | $11.1M | +21.31% | +23.51% |
| Q2 2022 | 2022-06-30 | $64.6M | $50.5M | +357.12% | +24.07% |
| Q1 2022 | 2022-03-31 | $97.6M | −$32.6M | −25.04% | +35.41% |
| Q4 2021 | 2021-12-31 | $74.2M | $37.9M | +104.58% | +27.72% |
| Q3 2021 | 2021-09-30 | $52.0M | — | — | +20.68% |
| Q2 2021 | 2021-06-30 | $14.1M | — | — | +6.31% |
| Q1 2021 | 2021-03-31 | $130.1M | — | — | +58.62% |
| Q3 2020 | 2020-09-30 | $36.3M | — | — | +17.87% |
Bentley Systems free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $241.9M to $520.2M, a compound annual growth rate of 16.55%. Bentley Systems's latest reported quarter, Q2 2026, generated $63.8M in free cash flow, an increase of 11.94% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Bentley Systems filings at SEC.gov ↗