Bentley Systems Q2 revenue $268M (+20% YoY); ARR $972M; adj. EBITDA margin 32.2%

BENTLEY SYSTEMS INC

2022-Q2 EPS reported $0.35 revenue$543,802,000

Q2 total revenues $268.3M (+19.8% YoY; +26.2% cc); subscriptions $232.2M (+24.5%; +31.3% cc).
ARR $971.9M at June 30, 2022, up 14% from June 30, 2021; constant-currency ARR growth 11.5% incl. Russia write-down.
GAAP net income $55.7M ($0.17 diluted EPS) vs $45.6M ($0.14); adjusted net income $73.8M ($0.22) vs $74.5M ($0.23).
Adjusted EBITDA $86.5M (32.2% margin) vs $69.3M (31.0%); cash from operations $67.0M vs $16.2M YoY.
CFO guides FY2022 revenue may be ~$25M lower if current FX persists, but adj. EBITDA margin remains ~33%; outlook unchanged.

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.