Company / R&D Expense
Bentley Systems R&D Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$307.6M
FY2025
5-year range
$183.6M / $307.6M
FY2021-FY2025
Trend
+9.4%
vs FY2024
Sector context
#91 of 264
Information Technology
What the data says
At $308M, Bentley Systems's r&d expense ranks #91 of 264 in the Information Technology sector. R&D Expense has increased for 5 consecutive years, from $175M in FY2020 to $308M in FY2025.
Based on SEC 10-K filings.
$308M in FY2025 with a 5-year CAGR of +11.9%.
Improved from $275M to $308M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +6.1%
- 5-Year CAGR
- +11.9%
- 10-Year CAGR
- -
Sector benchmark
#91 of 264 in Information TechnologyTop 34% of 264This company $307.6M Sector average $924.6M
▼
-66.7% below sector average
Key checks
Key Insights
- Bentley Systems's r&d expense has grown for 5 consecutive years.
- 5-year CAGR of +11.9%, indicating consistent growth.
- In FY2025, r&d expense increased 9.4% year-over-year.
- Ranks #91 out of 264 companies in the Information Technology sector.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Altman Z-Score 0.86 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 22.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $307.6M | +9.4% |
| FY2024 | $281.2M | +2.4% |
| FY2023 | $274.6M | +6.5% |
| FY2022 | $257.9M | +40.5% |
| FY2021 | $183.6M | +4.9% |
| FY2020 | $175.0M | -4.6% |
| FY2019 | $183.6M | +4.9% |
| FY2018 | $175.0M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026