---
schema_version: "secwatch.filing_event.v1"
accession: "0001031308-24-000011"
form_type: "8-K"
ticker: "BSY"
cik: "0001031308"
company_name: "BENTLEY SYSTEMS INC"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:13:18.695862+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bentley Systems Q3 revenue up 9.3% to $335M; adjusted EPS $0.24

## Summary
- Total revenues $335.2M, up 9.3% YoY; subscriptions revenue $303.2M, up 12.0% YoY.
- GAAP diluted EPS $0.13 (vs $0.16 YoY); adjusted EPS $0.24 (vs $0.22 YoY).
- ARR $1,270.7M, constant currency growth 12% (12.5% ex-China); net retention rate 109%.
- Operating income margin 20.5% (vs 24.0% YoY); adjusted OI w/SBC margin 26.7% (vs 28.2%).
- Recent: Cesium acquisition, Google partnership, new $1.3B credit facility in Oct.

## SEC filing metadata
- accession: 0001031308-24-000011
- form_type: 8-K
- ticker: BSY
- cik: 0001031308
- company_name: BENTLEY SYSTEMS INC
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031308/000103130824000011/0001031308-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031308/000103130824000011/bsy-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031308-24-000011
- JSON: https://secwatch.observer/filing/0001031308-24-000011.json
- Plain text: https://secwatch.observer/filing/0001031308-24-000011.txt

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