Bentley Systems/$BSY

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About Bentley Systems

Bentley Systems is a software vendor that caters to engineers, architects, constructors, and geospatial professionals by enabling design, modeling, simulation, project management, and data management of infrastructure assets. The firm delivers solutions via the cloud, desktop, and hybrid environments. While Bentley is relatively small in comparison with peers like Autodesk, it shines in core specialty areas, like bridge or rail design, as opposed to being more broad-based in its applications. Bentley's largest end market is the public works and utilities sector, which represents approximately two thirds of revenue.

Ticker

$BSY

Sector

Software & Cloud Services
Primary listing

Employees

5,500

Bentley Systems Metrics

BasicAdvanced
$17B
68.32
$0.78
1.10
$0.26
0.52%

What the Analysts think about Bentley Systems

Analyst ratings (Buy, Hold, Sell) for Bentley Systems stock.

Bulls say / Bears say

Total revenues grew 10.2% year-over-year to $364.1 million in Q2 2025, driven by a 12.1% increase in subscription revenues, underscoring solid top-line momentum (Business Wire)
Annualized Recurring Revenue rose 11.5% to $1.379 billion as of June 30, with a dollar-based net retention rate of 109%, highlighting strong customer stickiness and upsell potential (Business Wire)
Free cash flow of $57.0 million in the quarter and $273.4 million year-to-date provides ample liquidity for share repurchases, dividend maintenance, and strategic investments (Business Wire)
Operating income margin declined to 23.2% in Q2 2025 from 24.3% a year earlier, signaling margin pressure from rising R&D and sales expenses (Business Wire)
Total revenue slipped sequentially from $371 million in Q1 2025 to $364.1 million in Q2, suggesting uneven demand in key infrastructure markets (Investing.com)
Shares trade at a high multiple of 13.2× forward revenue and nearly 50× earnings, leaving limited downside cushion if growth slows (Morningstar)
Data summarised monthly by Lightyear AI. Last updated on 6 Sept 2025.

Bentley Systems Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Bentley Systems Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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