---
schema_version: "secwatch.filing_event.v1"
accession: "0001031308-23-000010"
form_type: "8-K"
ticker: "BSY"
cik: "0001031308"
company_name: "BENTLEY SYSTEMS INC"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T12:56:11.550762+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bentley Systems Q3 revenue up 14.3% to $306.6M; adj EPS $0.22 vs $0.19 YoY

## Summary
- Total revenues $306.6M, up 14.3% YoY (11.0% constant currency).
- Subscriptions revenue $270.8M, up 15.1% YoY.
- ARR $1,124.8M, constant currency growth 12.5%; net retention rate 110%.
- GAAP diluted EPS $0.16; adjusted EPS $0.22, up from $0.19 YoY.
- Operating cash flow $72.8M, up from $69.5M YoY.

## SEC filing metadata
- accession: 0001031308-23-000010
- form_type: 8-K
- ticker: BSY
- cik: 0001031308
- company_name: BENTLEY SYSTEMS INC
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031308/000103130823000010/0001031308-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031308/000103130823000010/bsy-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031308-23-000010
- JSON: https://secwatch.observer/filing/0001031308-23-000010.json
- Plain text: https://secwatch.observer/filing/0001031308-23-000010.txt

## Key facts
- Earnings Releases
  BENTLEY SYSTEMS INC reported financial results for third quarter and nine months ended September 30, 2023.
  - Period: third quarter and nine months ended September 30, 2023
  - Result: reported results
  source text: On November 7, 2023, Bentley Systems, Incorporated (the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031308/000103130823000010/0001031308-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.