---
schema_version: "secwatch.filing_event.v1"
accession: "0001031308-24-000001"
form_type: "8-K"
ticker: "BSY"
cik: "0001031308"
company_name: "BENTLEY SYSTEMS INC"
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T10:22:12.381979+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bentley Systems Q4 revenue $310.6M, ARR growth 12.5%; raises dividend, issues 2024 guidance

## Summary
- Q4 total revenues $310.6M (+8.3% YoY); FY revenues $1,228.4M (+11.8% YoY).
- Q4 GAAP EPS $0.54 (vs $0.08), adj. EPS $0.20 (vs $0.19); FY GAAP EPS $1.00 (vs $0.55), adj. EPS $0.91 (vs $0.85).
- ARR at Dec 31, 2023: $1,174.8M; constant currency ARR growth 12.5% (13.5% ex-China).
- 2024 outlook: revenue $1,350-1,375M (constant currency growth 10-12%); ARR growth 10.5-13%.
- Increased quarterly dividend; recorded $12.6M realignment charge and $170.8M discrete tax benefit.

## SEC filing metadata
- accession: 0001031308-24-000001
- form_type: 8-K
- ticker: BSY
- cik: 0001031308
- company_name: BENTLEY SYSTEMS INC
- filed_at: 2024-02-27T23:59:59+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/1031308/000103130824000001/0001031308-24-000001-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031308/000103130824000001/bsy-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031308-24-000001
- JSON: https://secwatch.observer/filing/0001031308-24-000001.json
- Plain text: https://secwatch.observer/filing/0001031308-24-000001.txt

## Key facts
- Earnings Releases
  BENTLEY SYSTEMS INC updated its the three months and year ended December 31, 2023 guidance (reaffirmed).
  - Period: the three months and year ended December 31, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On February 27, 2024 , Bentley Systems, Incorporated (the “Company”) issued a press release announcing its financial results for the three months and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031308/000103130824000001/0001031308-24-000001-index.htm

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