secwatch.observer — SEC 8-K summary
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Issuer:     BENTLEY SYSTEMS INC (BSY)
CIK:        0001031308
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001031308-26-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bentley Systems Q4 revenue $391.6M (+11.9% YoY); FY2026 guidance targets 11-13% CC growth
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031308/000103130826000005/0001031308-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031308/000103130826000005/bsy-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001031308-26-000005

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