---
schema_version: "secwatch.filing_event.v1"
accession: "0001031308-26-000014"
form_type: "8-K"
ticker: "BSY"
cik: "0001031308"
company_name: "BENTLEY SYSTEMS INC"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:20:52.630483+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001031308-26-000014
- form_type: 8-K
- ticker: BSY
- cik: 0001031308
- company_name: BENTLEY SYSTEMS INC
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1031308/000103130826000014/0001031308-26-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031308/000103130826000014/bsy-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031308-26-000014
- JSON: https://secwatch.observer/filing/0001031308-26-000014.json
- Plain text: https://secwatch.observer/filing/0001031308-26-000014.txt

## Source-grounded claims
- claim_id: 51fe92efce0238a553827657ea4ff5484a33560e
  claim: BENTLEY SYSTEMS INC reported three months ended March 31, 2026 results: revenue $424.2 million, EPS $0.30.
  evidence_excerpt: Total revenues were $424.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031308/000103130826000014/0001031308-26-000014-index.htm

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