Nov 5, 7:04 AM ET
Bentley Systems announced its third-quarter 2026 financial results, reporting total revenues of $421.5 million, up 12.2% year-over-year. The company also raised its constant currency ARR growth range to 12.5% to 13.5% and completed the acquisition of Eliis along with the divestiture of Cohesive.
- Total revenues for Q3 2026 reached $421.5 million, representing a 12.2% increase year-over-year.
- Diluted net income per share was $0.29 for Q3 2026, compared to $0.18 in the prior-year period.
- Annualized Recurring Revenues reached $1,582.8 million as of September 30, 2026.
- Constant currency ARR growth range was raised to 12.5% to 13.5%.
Read the filing on SEC.gov ↗
Aug 6, 7:05 AM ET
Bentley Systems reported second-quarter 2026 revenue of $410.7 million, up 12.8% from a year earlier, and GAAP diluted earnings of $0.25 per share, up from $0.22. Operating income margin fell to 21.6% from 23.2%, but free cash flow rose to $63.8 million from $57.0 million, and annualized recurring revenues reached $1,536.0 million.
- Total revenues were $410.7 million, up 12.8% (12.2% in constant currency) from $364.1 million.
- Net income per diluted share was $0.25 versus $0.22; adjusted EPS was $0.35 versus $0.32.
- Operating income margin was 21.6% versus 23.2%; free cash flow was $63.8 million versus $57.0 million.
- ARR was $1,536.0 million as of June 30, 2026, up from $1,379.2 million a year earlier, with constant currency ARR growth of 12%.
Read the filing on SEC.gov ↗
May 7, 7:04 AM ET
Bentley Systems reported first-quarter 2026 revenue of $424.2 million, up 14.5% from a year earlier, and diluted EPS of $0.30 versus $0.28. Adjusted EPS rose to $0.38 from $0.35, but operating margin fell to 29.8% from 31.1% and free cash flow declined to $187.9 million from $216.4 million. The filing does not mention a change to full-year guidance.
- Total revenues were $424.2 million, up 14.5% (11.9% in constant currency) year over year.
- Net income per diluted share was $0.30, compared with $0.28; Adjusted EPS was $0.38, compared with $0.35.
- Operating income margin was 29.8%, compared with 31.1%, and free cash flow was $187.9 million, compared with $216.4 million.
- On April 23, 2026, the credit facility was amended to add a $550 million term loan maturing October 18, 2029, raising total borrowing capacity to $1.85 billion.
Read the filing on SEC.gov ↗
Apr 27, 4:15 PM ET
Bentley Systems entered a First Amendment to its existing credit agreement with PNC Bank, National Association, as administrative agent, providing for a new $550 million senior secured term loan. The loan matures October 18, 2029, can be repaid early without prepayment premiums, and carries quarterly amortization of 1.25% of principal starting June 30, 2027, which adds new debt obligations for shareholders to weigh.
- New $550 million senior secured term loan under an amendment dated April 23, 2026
- Term loan matures October 18, 2029, with a springing maturity 91 days before the company's convertible debt matures unless liquidity requirements are met
- Quarterly amortization of 1.25% of initial principal begins June 30, 2027; no prepayment premiums apply
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.