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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 370,542 $ 337,763
Cost of revenues:    
Total cost of revenues 65,659 61,830
Gross profit 304,883 275,933
Operating expense (income):    
Research and development 72,450 68,371
Selling and marketing 63,059 54,386
General and administrative 47,228 46,482
Deferred compensation plan (1,246) 5,799
Amortization of purchased intangibles 8,208 8,964
Total operating expenses 189,699 184,002
Income from operations 115,184 91,931
Interest expense, net (3,808) (6,520)
Other income, net 449 7,137
Income before income taxes 111,825 92,548
Provision for income taxes (20,488) (22,247)
Equity in net income of investees, net of tax 1 9
Net income 91,338 70,310
Less: Net income (loss) attributable to noncontrolling interest (30) 0
Net income attributable to Bentley Systems $ 91,368 $ 70,310
Net income per share attributable to Bentley Systems stockholders:    
Net income per share attributable to Bentley Systems stockholders, basic (USD per share) $ 0.29 $ 0.22
Net income per share attributable to Bentley Systems stockholders, diluted (USD per share) $ 0.28 $ 0.22
Weighted average shares, basic (in shares) 315,130,071 314,295,102
Weighted average shares, diluted (in shares) 333,441,006 333,623,518
Subscriptions and licenses    
Revenues:    
Total revenues $ 353,110 $ 316,601
Cost of revenues:    
Total cost of revenues 46,498 40,218
Subscriptions    
Revenues:    
Total revenues 342,318 307,089
Perpetual licenses    
Revenues:    
Total revenues 10,792 9,512
Services    
Revenues:    
Total revenues 17,432 21,162
Cost of revenues:    
Total cost of revenues $ 19,161 $ 21,612