secwatch.observer — SEC 8-K summary
======================================

Issuer:     BENTLEY SYSTEMS INC (BSY)
CIK:        0001031308
Form:       8-K
Filed at:   2026-08-06T11:05:49+00:00
Accession:  0001031308-26-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bentley Systems Q2 revenue $410.7M (+12.8% YoY); ARR $1.536B, adj EPS $0.35
---------------------------------------------------------------------------

- Total revenues $410.7M (+12.8% YoY); subscriptions $378.6M (+13.6% YoY).
- ARR $1,536.0M as of June 30, 2026; constant currency ARR growth 12%; net retention rate 109%.
- GAAP diluted EPS $0.25 (vs $0.22); adjusted EPS $0.35 (vs $0.32).
- Operating margin 21.6% (down from 23.2%); adjusted operating margin 28.3% (down from 29.3%).
- Free cash flow $63.8M in Q2 (+12% YoY); LTM free cash flow growth 15%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031308/000103130826000020/0001031308-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031308/000103130826000020/bsy-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001031308-26-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer