Bentley Systems Q1 revenue $424.2M (+14.5% YoY); ARR $1,494.5M, adjusted EPS $0.38

BENTLEY SYSTEMS INC

2026-Q1 EPS reported $0.30 revenue$424,181,000

Total revenues $424.2M, up 14.5% (11.9% constant currency); subscriptions rev $392.5M (+14.7%).
ARR $1,494.5M; constant currency ARR growth 11.5%; net dollar retention rate 109%.
GAAP EPS $0.30, adjusted EPS $0.38; operating margin 29.8%, adjusted margin 33.2%.
Cash from ops $193.4M, free cash flow $187.9M; repaid 2026 convertible notes, new $550M term loan A.
Resources business fastest-growing sector; Public Works/Utilities demand steady.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

BENTLEY SYSTEMS INC reported three months ended March 31, 2026 results: revenue $424.2 million, EPS $0.30.

Period: three months ended March 31, 2026
Revenue: $424.2 million
EPS: $0.30
Result: reported results

Exact text from the filing

First Quarter 2026 Results • Total revenues were $424.2 million, up 14.5% or 11.9% on a constant currency basis, year-over-year; • Subscriptions revenues were $392.5 million, up 14.7% or 12.2% on a constant currency basis, year-over-year; • Annualized Recurring Revenues (“ARR”) were $1,494.5 million as of March 31, 2026, compared to $1,319.3 million as of March 31, 2025; Constant currency ARR growth rate was 11.5%; • Last twelve-month recurring revenues dollar-based net retention rate was 109%, compared to 110% for the same period last year; • Operating income margin was 29.8%, compared to 31.1% for the same period last year; • Adjusted operating income less operating stock-based compensation expense (“AOI less Operating SBC”) margin was 33.2%, compared to 34.6% for the same period last year; • Net income per diluted share was $0.30, compared to $0.28 for the same period last year; • Adj

View on SEC.gov

Browse all earnings releases →

BENTLEY SYSTEMS INC filing history →

Source: SEC EDGAR

accession 0001031308-26-000014

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.