BSYBentley Systems, Incorporated

$11B

Q4 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$220M+8.2% YoY

Gross Profit

$169M77.0% margin

Operating Income

$54M24.7% margin

Net Income

$52M23.7% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+8.2%

Cash Flow

Operating Cash Flow

$82M

Free Cash Flow

$79M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$784M

Stockholders' Equity

$342M

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$220M	$203M	+8.2%
Gross Profit	$169M	$163M	+3.7%
Operating Income	$54M	$43M	+27.1%
Net Income	$52M	$36M	+43.2%

Revenue Segments

Subscriptions And Licenses

$200M32%

Subscription and Circulation

$178M29%

SELECT Subscriptions

$71M11%

Enterprise License Subscriptions

$56M9%

Term License Subscriptions

$51M8%

Perpetual Licenses

$21M3%

Service

$20M3%

Professional Services, Other

$14M2%

Professional Services, Recurring

$6M1%

Geographic Segments

United States, Canada, And Latin America

$108M49%

EMEA

$69M31%

Asia Pacific

$43M19%