Below are the financial statements of Bentley Systems, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 64.01a | 68.41a |
Accounts receivable | 322.86a | 302.5a |
Allowance for doubtful accounts | -8.4a | -8.97a |
Prepaid income taxes | 13.07a | 12.81a |
Prepaid and other current assets | 50.53a | 44.8a |
Total current assets | 442.07a | 419.56a |
Assets | — | — |
Property and equipment, net | 33.8a | 40.1a |
Operating lease right-of-use assets | 32.3a | 38.48a |
Intangible assets, net | 213.96a | 248.79a |
Goodwill | 2,367.18a | 2,269.34a |
Investments | 25.76a | 23.48a |
Deferred income taxes | 198.29a | 212.83a |
Other assets | 86.45a | 67.28a |
Total assets | 3,399.81a | 3,319.85a |
Current liabilities | — | — |
Accounts payable | 16.48a | 18.09a |
Accruals and other current liabilities | 536.42a | 457.35a |
Deferred revenues | 245.73a | 253.79a |
Operating lease liabilities | 11.66a | 11.65a |
Income taxes payable | 4.05a | 9.49a |
Current portion of long-term debt | 0a | 10a |
Total current liabilities | 814.33a | 760.36a |
Liabilities and equity | — | — |
Long-term debt | 1,388.09a | 1,518.4a |
Deferred compensation plan liabilities | 96.68a | 88.18a |
Long-term operating lease liabilities | 26.89a | 30.63a |
Deferred revenues | 16.64a | 15.86a |
Deferred income taxes | 8.61a | 9.72a |
Income taxes payable | 3.62a | 7.34a |
Other liabilities | 3.82a | 5.38a |
Total liabilities | 2,358.69a | 2,435.87a |
Equity | — | — |
Preferred stock | 0a | 0a |
Class A common stock | 0.12a | 0.12a |
Class B common stock | 2.91a | 2.85a |
Additional paid-in capital | 1,217.99a | 1,127.23a |
Accumulated other comprehensive loss | -104.08a | -84.99a |
Accumulated deficit | -75.94a | -161.93a |
Total Bentley Systems stockholders’ equity | 1,040.99a | 883.28a |
Noncontrolling interest | 0.13a | 0.7a |
Total equity | 1,041.12a | 883.98a |
Total liabilities and equity | 3,399.81a | 3,319.85a |
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