{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-22-028750","form_type":"8-K","ticker":"BSY","cik":"0001031308","company_name":"BENTLEY SYSTEMS INC","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.299252+00:00","generated_at":"2026-06-22T02:39:42.637958+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bentley Systems Q3 2022: revenue $268.3M (+6.7% reported, +14.7% CC); adj. EPS $0.19 vs $0.17","bullets":["Subscriptions revenue $235.3M (+9.4% reported, +17.6% CC); GAAP net income $37.0M ($0.12 diluted) vs loss $48.0M a year ago.","Adjusted Net Income $61.8M ($0.19/diluted share) vs $56.3M ($0.17) last year; Adjusted EBITDA $89.7M, margin 33.4%.","ARR $983.7M as of Sep 30, 2022 with constant currency ARR growth of 14% from Sep 30, 2021.","Full-year 2022 constant currency guidance reaffirmed: total revenue growth 16.9%-20.1%, ARR growth 14%-16%; forex may reduce reported revenue by ~$40M.","Business performance ARR growth 11.5% (excludes Russia write-down and platform acquisitions); net retention rate 110% vs 106% last year."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-22-028750","json":"https://secwatch.observer/filing/0001628280-22-028750.json","markdown":"https://secwatch.observer/filing/0001628280-22-028750.md","text":"https://secwatch.observer/filing/0001628280-22-028750.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031308/000162828022028750/0001628280-22-028750-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031308/000162828022028750/bsy-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T02:39:42.637958+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"12fca175303f201e22b17ac6c11fa738cdffa736","claim":"BENTLEY SYSTEMS INC reported third quarter of 2022 results: revenue $268.3 million, net income $37.0 million, EPS $0.12.","evidence_excerpt":"software company, today announced operating results for its third quarter and nine months ended September 30, 2022. Third Quarter 2022 Financial Results • Total revenues were $268.3 million, up 6.7% or 14.7% on a constant currency basis, year-over-year; • Subscriptions revenues were $235.3 million, up 9.4% or 17.6% on a constant currency basis, year-over-year; •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1031308/000162828022028750/0001628280-22-028750-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2022"},{"label":"Revenue","value":"$268.3 million"},{"label":"Net income","value":"$37.0 million"},{"label":"EPS","value":"$0.12"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}