BENTLEY SYSTEMS, INCORPORATED (BSY) Spending and interest coverage
- R&D / revenue · 12 months: Value 20.28%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 4.90%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 20.28% | Research and development expense / revenue. Period ending 2026-06-30. $324.84M ÷ $1.60B × 100 ≈ 20.28% |
| Stock-based compensation / revenue · 12 months | 4.90% | Share-based compensation / revenue. Period ending 2026-06-30. $78.52M ÷ $1.60B × 100 ≈ 4.90% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 324.84M USD | Research and Development Expense |
| Revenue | 1.60B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 78.52M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 377.88M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $324.84M | $1.60B | $78.52M | $377.88M | (m) | 20.28% | 4.90% | (m) | (m) |
| 2026-03-31 | $318.13M | $1.56B | $75.37M | $373.70M | (m) | 20.45% | 4.85% | (m) | (m) |
| 2025-12-31 | $307.58M | $1.50B | $72.58M | $362.62M | (m) | 20.48% | 4.83% | (m) | (m) |
| 2025-09-30 | $303.69M | $1.46B | $71.60M | $345.52M | (m) | 20.80% | 4.90% | (m) | (m) |
| 2025-06-30 | $295.00M | $1.42B | $69.65M | $329.66M | (m) | 20.78% | 4.91% | (m) | (m) |
| 2025-03-31 | $285.33M | $1.39B | $72.16M | $325.40M | (m) | 20.59% | 5.21% | (m) | (m) |
| 2024-12-31 | $281.25M | $1.35B | $74.42M | $302.15M | (m) | 20.79% | 5.50% | (m) | (m) |
| 2024-09-30 | $275.38M | $1.31B | $74.74M | $278.51M | (m) | 20.96% | 5.69% | (m) | (m) |
| 2024-06-30 | $270.78M | $1.29B | $77.14M | $283.56M | (m) | 21.07% | 6.00% | (m) | (m) |
| 2024-03-31 | $275.19M | $1.25B | $73.15M | $256.69M | (m) | 21.98% | 5.84% | (m) | (m) |
| 2023-12-31 | $274.62M | $1.23B | $72.97M | $230.54M | (m) | 22.36% | 5.94% | (m) | (m) |
| 2023-09-30 | $271.27M | $1.20B | $79.94M | $233.53M | (m) | 22.52% | 6.64% | (m) | (m) |
| 2023-06-30 | $269.63M | $1.17B | $80.23M | $215.39M | (m) | 23.12% | 6.88% | (m) | (m) |
| 2023-03-31 | $264.38M | $1.14B | $79.59M | $217.81M | (m) | 23.23% | 6.99% | (m) | (m) |
| 2022-12-31 | $257.86M | $1.10B | $75.21M | $208.61M | $35.06M | 23.46% | 6.84% | 5.95× | Reported |
| 2022-09-30 | $252.97M | $1.08B | $67.55M | $211.12M | $27.27M | 23.43% | 6.26% | 7.74× | Reported |
| 2022-06-30 | $246.47M | $1.06B | $61.02M | $118.04M | $22.64M | 23.19% | 5.74% | 5.21× | Reported |
| 2022-03-31 | $234.38M | $1.02B | $55.23M | $95.53M | $17.52M | 23.01% | 5.42% | 5.45× | Reported |
| 2021-12-31 | $220.91M | $965.05M | $49.05M | $94.59M | $12.80M | 22.89% | 5.08% | 7.39× | Reported |
| 2021-09-30 | $203.86M | $912.98M | $41.35M | $101.70M | $11.94M | 22.33% | 4.53% | 8.52× | Reported |
| 2021-06-30 | $196.74M | $867.50M | $49.50M | $147.47M | $10.05M | 22.68% | 5.71% | 14.67× | Reported |
| 2021-03-31 | $188.18M | $828.86M | $39.37M | $159.84M | $8.62M | 22.70% | 4.75% | 18.53× | Reported |
| 2020-12-31 | $185.51M | $801.54M | $32.11M | $150.15M | $7.91M | 23.14% | 4.01% | 18.98× | Reported |
| 2020-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-06-30 | (m) | $768.49M | (m) | $174.66M | (m) | (m) | (m) | (m) | (m) |
| 2020-03-31 | (m) | $753.80M | (m) | $149.54M | (m) | (m) | (m) | (m) | (m) |
| 2019-12-31 | $183.55M | $736.65M | $8.09M | $141.87M | $9.73M | 24.92% | 1.10% | 14.58× | Reported |
| 2019-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2018-12-31 | $175.03M | $691.71M | $7.88M | $121.39M | $9.61M | 25.30% | 1.14% | 12.64× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.