BSY
Bentley Systems, Incorporated
BSY's outlook is improving, though it still trails on the overall score.
NVDA
NVIDIA Corporation
NVDA has the edge over BSY overall, supported by stronger modeled upside and stronger fundamentals.
BSY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Stable |
BSY's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
BSY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $44.19 | — |
| Cheap | 43x | $43.18 | -2.3% |
| Current | 44x | $44.19 | — |
| Fair | 69x | $69.78 | +58% |
| Expensive | 116x | $117 | +165% |
Historical ranges are pointers, not guarantees.
BSY's PE is in its cheap range at 44x. If earnings grow as analysts expect, today's price would be 30x next year's earnings.
NVDA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $166 | — |
| Current | 21x | $166 | — |
| Cheap | 44x | $345 | +108% |
| Fair | 65x | $511 | +207% |
| Expensive | 93x | $734 | +342% |
Historical ranges are pointers, not guarantees.
NVDA has the edge over BSY in the historical PE scenario, which offers more potential upside but is not a forecast.
BSY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
BSY has the edge over NVDA on the outlook, with more favorable profitability expectations.
NVDA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for NVDA, but weaker profitability.
BSY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.48 | +46% |
| Q3 2026 | $1.01 | +22% |
| Q2 2026 | $0.90 | +15% |
| Q1 2026 | $0.87 | +12% |
| Q4 2025 | $0.85 | +18% |
| Q3 2025 | $0.83 | -26% |
| Q2 2025 | $0.78 | -32% |
| Q1 2025 | $0.78 | -28% |
| Q4 2024 | $0.72 | -28% |
BSY earned $1.01 per share over the past year, up 22% from the year before.
NVDA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.77 | +74% |
| Q3 2026 | $7.91 | +125% |
| Q2 2026 | $6.53 | +111% |
| Q1 2026 | $4.90 | +67% |
| Q4 2025 | $4.03 | +59% |
| Q3 2025 | $3.51 | +65% |
| Q2 2025 | $3.10 | +81% |
| Q1 2025 | $2.94 | +147% |
| Q4 2024 | $2.54 | +234% |
NVDA has the edge over BSY on earnings, with more consistent year-over-year improvement.
BSY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $421.5M | +12% |
| Q2 2026 | $410.7M | +13% |
| Q1 2026 | $424.2M | +14% |
| Q4 2025 | $391.6M | +12% |
| Q3 2025 | $375.5M | +12% |
| Q2 2025 | $364.1M | +10% |
| Q1 2025 | $370.5M | +9.7% |
| Q4 2024 | $349.8M | +13% |
BSY's revenue has grown year over year every quarter since late 2020: $422M last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +6.6 points |
| Q2 2026 | 22% | -1.6 points |
| Q1 2026 | 30% | -1.3 points |
| Q4 2025 | 20% | +2.5 points |
| Q3 2025 | 23% | +2 points |
| Q2 2025 | 23% | -1.1 points |
| Q1 2025 | 31% | +3.9 points |
| Q4 2024 | 18% | +5.4 points |
BSY's operating margin was 29% last quarter, up 6.6 points from the same quarter a year ago.
NVDA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $96.2B | +106% |
| Q2 2026 | $81.6B | +85% |
| Q1 2026 | $68.1B | +73% |
| Q4 2025 | $57B | +62% |
| Q3 2025 | $46.7B | +56% |
| Q2 2025 | $44.1B | +69% |
| Q1 2025 | $39.3B | +78% |
| Q4 2024 | $35.1B | +94% |
NVDA has the edge over BSY on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 66% | +5.4 points |
| Q2 2026 | 66% | +17 points |
| Q1 2026 | 65% | +3.9 points |
| Q4 2025 | 63% | +0.8 points |
| Q3 2025 | 61% | -1.2 points |
| Q2 2025 | 49% | -16 points |
| Q1 2025 | 61% | -0.5 points |
| Q4 2024 | 62% | +4.9 points |
NVDA has the edge over BSY on profitability, with a higher operating margin.
BSY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $101.4M | -8.3% |
| Q2 2026 | $63.8M | +12% |
| Q1 2026 | $187.9M | -13% |
| Q4 2025 | $136.2M | +79% |
| Q3 2025 | $110.7M | +31% |
| Q2 2025 | $57M | -4.2% |
| Q1 2025 | $216.4M | +7.4% |
| Q4 2024 | $76.1M | -6% |
BSY's free cash flow has been positive every quarter for six years: $489M over the past year, up 6.3% from the year before.
NVDA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.4B | +59% |
| Q2 2026 | $48.6B | +86% |
| Q1 2026 | $34.9B | +124% |
| Q4 2025 | $22.1B | +32% |
| Q3 2025 | $13.5B | -0.3% |
| Q2 2025 | $26.2B | +75% |
| Q1 2025 | $15.6B | +38% |
| Q3 2024 | $13.5B | +113% |
NVDA has the edge over BSY on cash flow, with more consistent year-over-year improvement.
BSY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -1.3M shares |
| 1 year | -4.7% | -15.6M shares |
| 3 years | -4.5% | -15.1M shares |
| 5 years | +3.1% | +9.5M shares |
| Available history | +22% | +56.5M shares |
BSY has the edge over NVDA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $10M |
| Q2 2026 | $85.1M |
| Q1 2026 | $40M |
| Q4 2025 | $60M |
| Q3 2025 | $15M |
| Q2 2025 | $20M |
| Q1 2025 | $30M |
| Q4 2024 | $18.6M |
BSY spent $195M buying back its own shares over the past year, up 133% from the year before.
NVDA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -106M shares |
| 1 year | -1% | -247M shares |
| 3 years | -2.8% | -705M shares |
| 5 years | -4.1% | -1B shares |
| Available history | -1.8% | -435M shares |
NVDA has 24.3B diluted shares, down 1% from a year ago, with $55.3B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7B |
| Q2 2026 | $19.3B |
| Q1 2026 | $3.8B |
| Q4 2025 | $12.5B |
| Q3 2025 | $9.7B |
| Q2 2025 | $14.1B |
| Q1 2025 | $7.8B |
| Q4 2024 | $11B |
NVDA spent $55.3B buying back its own shares over the past year, up 30% from the year before.
BSY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 2.7x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 3.0x | Elevated |
| Q4 2024 | 3.7x | Elevated |
BSY's net debt is about 2.1 years of its operating earnings (EBITDA), down from 2.7 years a year ago.
NVDA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | -0.0x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.0x | Very low |
| Q4 2024 | -0.0x | Net Cash |
NVDA has the edge over BSY on leverage, with a lower net debt burden relative to earnings.
BSY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 67.7 | Neutral |
| Stochastic | 85.8 | Overbought |
BSY's weekly RSI is 68 (neutral) and its Stochastic is 86 (overbought).
NVDA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 18.1 | Oversold |
NVDA's weekly RSI is 33 (neutral) and its Stochastic is 18 (oversold).
BSY PE vs Technology Sector
| Metric | BSY | Sector median | Relative |
|---|---|---|---|
| PE | 44x | 28x | 57% above |
| PE % | 20 | 38 | 18 pts below |
BSY is trading at 44x earnings, a 57% premium to the Technology sector's median of 28x.
NVDA PE vs Technology Sector
| Metric | NVDA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 25% below |
| PE % | 0 | 35 | 35 pts below |
NVDA has the edge over BSY on valuation relative to its sector.
BSY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $37.9 | 17% above |
| 20 week MA | $35.5 | 25% above |
| 50 week MA | $35.5 | 25% above |
| 100 week MA | $42.0 | 5.3% above |
| 200 week MA | $45.4 | 2.7% below |
BSY has the edge over NVDA on trend strength, trading above more of its moving averages.
NVDA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $208.9 | 20% below |
| 20 week MA | $212.0 | 22% below |
| 50 week MA | $199.9 | 17% below |
| 100 week MA | $175.1 | 5.1% below |
| 200 week MA | $123.6 | 34% above |
NVDA has fallen below most of its moving averages, though it's still 34% above its 200-week average.
BSY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $34.8 | $38.5 | +11% |
| 2021 | $38.5 | $49.8 | +29% |
| 2022 | $49.8 | $36.8 | -26% |
| 2023 | $36.8 | $52.2 | +42% |
| 2024 | $52.2 | $47.6 | -8.8% |
| 2025 | $47.6 | $39.0 | -18% |
| 2026 YTD | $39.0 | $44.2 | +13% |
BSY has the edge over NVDA on returns for 2026, with the stronger performance.
NVDA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.92 | $13.0 | +119% |
| 2021 | $13.0 | $29.6 | +128% |
| 2022 | $29.6 | $15.2 | -49% |
| 2023 | $15.2 | $49.5 | +226% |
| 2024 | $49.5 | $137.0 | +177% |
| 2025 | $137.0 | $190.5 | +39% |
| 2026 YTD | $190.5 | $166.2 | -13% |
NVDA's yearly returns have swung widely, from +226% in 2023 to −49% in 2022. It's down 13% so far in 2026.