Bill vs Bentley Systems
Bill reported revenue of $1.7 billion in fiscal 2026, about the same as Bentley Systems' $1.5 billion in fiscal 2025. Bill's revenue grew 13.0% in its latest year, and Bentley Systems' grew 11.0%. Bill had an operating margin of -4.4%, against 24.1% at Bentley Systems. Free cash flow was $412 million at Bill and $520 million at Bentley Systems. Their fiscal years end in different months (June 30 and December 31), so the periods don't line up exactly.
Side by side
| Bill | Bentley Systems | |
|---|---|---|
| Latest fiscal year | FY2026, Jun 30, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $1.7B | $1.5B |
| Revenue growth | 13.0% | 11.0% |
| Revenue growth a year, last 5 years | 47.3% | 13.4% |
| Gross margin | 80.9% | 81.5% |
| Operating margin | −4.4% | 24.1% |
| Net margin | −0.7% | 18.5% |
| Free cash flow | $412M | $520M |
| Free cash flow margin | 24.9% | 34.6% |
| Return on capital | −1.7% | 12.3% |
| Net debt to EBITDA | — | 2.8x |
| Dividends and buybacks | $560M | $210M |
| Change in diluted share count | −3.8% | −0.2% |
| Last close | $49.93 | $39.84 |
| P/E at the last close | — | 43.8× |
| Insider trades, last 12 months | sold $15.9 million | sold $28,092 |
| Piotroski F-score | 4 of 9 | 9 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
BillBentley Systems
Operating margin
Percent of revenue
BillBentley Systems
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
BillBentley Systems
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Bill and Bentley Systems pages.