---
schema_version: "secwatch.filing_event.v1"
accession: "0001031308-26-000005"
form_type: "8-K"
ticker: "BSY"
cik: "0001031308"
company_name: "BENTLEY SYSTEMS INC"
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:22:38.097313+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 $391.6M (+11.9% YoY); FY2026 guidance targets 11-13% CC growth

## Summary
- Q4 total revenues $391.6M (+11.9% YoY); subscriptions $356.6M (+13%); ARR $1.46B (+11.5% constant currency).
- Q4 GAAP EPS $0.18 vs $0.16; adjusted EPS $0.27 vs $0.21; operating margin 20.0% vs 17.6%.
- Full year 2025 revenue $1,501.8M (+11%); free cash flow $520.2M; net debt leverage reduced to 2.1x.
- FY2026 outlook: revenue $1,685-$1,715M (11-13% CC growth); ARR growth 10.5-12.5%; FCF $500-$570M.
- Board declared $0.07/shr Q1 dividend, payable March 19 to holders of record March 10.

## SEC filing metadata
- accession: 0001031308-26-000005
- form_type: 8-K
- ticker: BSY
- cik: 0001031308
- company_name: BENTLEY SYSTEMS INC
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031308/000103130826000005/0001031308-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031308/000103130826000005/bsy-20260226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031308-26-000005
- JSON: https://secwatch.observer/filing/0001031308-26-000005.json
- Plain text: https://secwatch.observer/filing/0001031308-26-000005.txt

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