James Lee
Effective January 13, 2025, James Lee was appointed the Chief Operating Officer of Bentley Systems, Incorporated
Highest-materiality recent filing
Bentley Systems Q1 revenue $424.2M (+14.5% YoY); ARR $1,494.5M, adjusted EPS $0.38
Total revenues $424.2M, up 14.5% (11.9% constant currency); subscriptions rev $392.5M (+14.7%).
Bentley Systems adds $550M senior secured term loan, matures Oct 2029
New $550M term loan entered on Apr 23, 2026 under Second Amended and Restated Credit Agreement.
Bentley Systems Q4 revenue $391.6M (+11.9% YoY); FY2026 guidance targets 11-13% CC growth
Q4 total revenues $391.6M (+11.9% YoY); subscriptions $356.6M (+13%); ARR $1.46B (+11.5% constant currency).
Bentley Systems Q3 2025 revenue up 12% YoY; ARR growth 10.5% constant currency; adjusted EPS $0.27
Total revenues $375.5M (+12% YoY); subscriptions $344.3M (+13.5% YoY); ARR $1,405.2M (+10.5% CC).
Bentley Systems Q2 2025: Revenue $364.1M (+10.2%), ARR growth 11.5%, adjusted EPS $0.32
Total revenues $364.1M (+10.2% YoY); subscriptions $333.5M (+12.1%).
Bentley Systems Q1 rev $370.5M (+10.9% CC); ARR growth 12%; Adj EPS $0.35
Total revenues $370.5M (+9.7% YoY, +10.9% constant currency); subscriptions $342.3M (+11.5% YoY, +12.7% CC).
Bentley Systems Q4 revenue up 12.6%, ARR growth 12%; guides 2025 revenue $1.461-1.490B
Q4 total revenues $349.8M (+12.6% YoY); subscriptions $315.6M (+15.8%); ARR $1,283.3M (12% constant currency growth).
Bentley Systems Q3 revenue up 9.3% to $335M; adjusted EPS $0.24
Total revenues $335.2M, up 9.3% YoY; subscriptions revenue $303.2M, up 12.0% YoY.
Bentley Systems Q2 revenue up 11.3%, EPS $0.22, CEO transition to Cumins
Total revenues $330.3M (+11.3% YoY; +11.9% constant currency); subscriptions $297.4M (+14.7%).
Bentley Systems Q1 revenue $337.8M, up 7.4% YoY; CEO transition to Cumins on July 1
Total revenues $337.8M (+7.4% YoY); subscription rev $307.1M (+10.5%); ARR $1,186.5M (+11% constant currency).
Greg Bentley will step down as CEO effective July 1, 2024, becoming Executive Chair; COO Nicholas Cumins promoted to CEO and proposed for Board.
Bentley Systems Q4 revenue $310.6M, ARR growth 12.5%; raises dividend, issues 2024 guidance
Q4 total revenues $310.6M (+8.3% YoY); FY revenues $1,228.4M (+11.8% YoY).
Effective January 13, 2025, James Lee was appointed the Chief Operating Officer of Bentley Systems, Incorporated
appointed Nicholas H. Cumins, the Company’s Chief Executive Officer, as a director of the Company in addition to his current role.
Upon the effectiveness of Mr. Bentley’s transition, the Board will appoint Nicholas H. Cumins, the Company’s Chief Operating Officer, as Chief Executive Officer.
Thomas F. Trimback was appointed the Company’s Chief Accounting Officer, taking over the role from Werner Andre, who will remain the Company’s Chief Financial Officer.
effective July 1, 2024, he will transition from the Company’s Chief Executive Officer to become Executive Chair of the Board.
Max materiality 0.80 · Median 0.57 · Most common event earnings