BENTLEY SYSTEMS INC
For the period ended Mar 31, 2025. Filed May 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 7, 2025
BSY$45.40+1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Equity
(in thousands, except share data)
| Three Months Ended March 31, 2025 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Total | ||||||||
| Accumulated · Bentley | ||||||||
| Class A and Class B · Additional · Other · Systems · Non- | ||||||||
| Common Stock · Paid-In · Comprehensive · Accumulated · Stockholders' · Controlling · Total | ||||||||
| Shares | Par Value | Capital | Loss | Deficit | Equity | Interest | Equity | |
| Balance, December 31, 2024 | 301,977,330 | $3,020 | $1,217,986 | $(104,078) | $(75,941) | $1,040,987 | $133 | $1,041,120 |
| Net income (loss) | — | — | — | — | 91,368 | 91,368 | (30) | 91,338 |
| Other comprehensive income | — | — | — | 6,495 | — | 6,495 | 4 | 6,499 |
| Dividends declared | — | — | — | — | (21,198) | (21,198) | — | (21,198) |
| Shares issued in connection with deferred compensation plan | 689,203 | 7 | (7) | — | — | — | — | — |
| Shares issued in connection with executive bonus plan | 22,818 | — | 1,062 | — | — | 1,062 | — | 1,062 |
| Shares issued in connection with employee stock purchase plan, net | 130,212 | 1 | 5,311 | — | (169) | 5,143 | — | 5,143 |
| Stock-based compensation expense | — | — | 15,473 | — | — | 15,473 | — | 15,473 |
| Shares related to restricted stock, net | 764,141 | 8 | (8) | — | (11,734) | (11,734) | — | (11,734) |
| Repurchases of Class B common stock under approved program | (673,898) | (7) | — | — | (30,007) | (30,014) | — | (30,014) |
| Balance, March 31, 2025 | 302,909,806 | $3,029 | $1,239,817 | $(97,583) | $(47,681) | $1,097,582 | $107 | $1,097,689 |
| Three Months Ended March 31, 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Total | ||||||||
| Accumulated · Bentley | ||||||||
| Class A and Class B · Additional · Other · Systems · Non- | ||||||||
| Common Stock · Paid-In · Comprehensive · Accumulated · Stockholders' · Controlling · Total | ||||||||
| Shares | Par Value | Capital | Loss | Deficit | Equity | Interest | Equity | |
| Balance, December 31, 2023 | 296,265,837 | $2,963 | $1,127,234 | $(84,987) | $(161,932) | $883,278 | $704 | $883,982 |
| Net income | — | — | — | — | 70,310 | 70,310 | — | 70,310 |
| Other comprehensive loss | — | — | — | (7,632) | — | (7,632) | — | (7,632) |
| Dividends declared | — | — | — | — | (17,871) | (17,871) | — | (17,871) |
| Shares issued in connection with deferred compensation plan | 537,745 | 5 | (5) | — | — | — | — | — |
| Deferred compensation plan elective participant deferrals | — | — | 58 | — | — | 58 | — | 58 |
| Shares issued in connection with executive bonus plan | 65,939 | 1 | 3,350 | — | — | 3,351 | — | 3,351 |
| Shares issued in connection with employee stock purchase plan, net | 122,020 | 1 | 5,559 | — | (175) | 5,385 | — | 5,385 |
| Stock option exercises, net | 844,283 | 8 | 3,999 | — | (2,195) | 1,812 | — | 1,812 |
| Stock-based compensation expense | — | — | 13,947 | — | — | 13,947 | — | 13,947 |
| Shares related to restricted stock, net | 481,456 | 5 | (5) | — | (5,729) | (5,729) | — | (5,729) |
| Repurchases of Class B common stock under approved program | (302,598) | (3) | — | — | (15,003) | (15,006) | — | (15,006) |
| Balance, March 31, 2024 | 298,014,682 | $2,980 | $1,154,137 | $(92,619) | $(132,595) | $931,903 | $704 | $932,607 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.