Every material Form 8-K Bentley Systems filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Bentley Systems reported third-quarter 2025 results for the quarter ended September 30, 2025, with total revenues of $375.5 million, up 12.0% year over year. GAAP diluted earnings per share rose to $0.18 from $0.13, and adjusted EPS rose to $0.27 from $0.24. The CFO said the results were in line with the company's expectations and position it well for its full-year outlook, which the filing does not change.
Total revenues $375.5 million, up 12.0% (10.6% in constant currency) from $335.2 million a year earlier
GAAP diluted EPS $0.18 vs $0.13; adjusted EPS $0.27 vs $0.24; operating margin 22.5% vs 20.5%
Annualized recurring revenues $1,405.2 million at September 30, 2025, up 10.5% in constant currency
Free cash flow $110.7 million vs $84.3 million; nine-month revenues $1,110.2 million, up 10.7%
Bentley Systems reported second-quarter 2025 results, with total revenues up 10.2% year over year to $364.1 million and adjusted EPS of $0.32 versus $0.31 a year earlier. GAAP diluted EPS was $0.22, flat with the prior year, and operating income margin fell to 23.2% from 24.3%. The company said results were in line with its expectations and on track for its 2025 outlook.
Total revenues were $364.1 million, up 10.2% (9.2% in constant currency) from $330.3 million a year earlier.
Annualized recurring revenues were $1,379.2 million at June 30, 2025, up 11.5% in constant currency.
GAAP diluted EPS was $0.22, unchanged from the prior year; adjusted EPS was $0.32 versus $0.31.
Free cash flow was $57.0 million for the quarter, compared with $59.5 million a year earlier.
Bentley Systems reported first-quarter 2025 results for the three months ended March 31, 2025. Total revenues rose 9.7% to $370.5 million, and net income per diluted share was $0.28, up from $0.22 a year earlier. Management said the quarter was consistent with its expectations and that it continues to work toward its financial outlook for the year, but the filing does not include a changed outlook figure.
Total revenues were $370.5 million, up 9.7% (10.9% in constant currency) from $337.8 million a year earlier.
Net income per diluted share was $0.28 versus $0.22; adjusted EPS was $0.35 versus $0.31.
Annualized recurring revenues were $1,319.3 million at March 31, 2025, up from $1,186.5 million; free cash flow was $216.4 million versus $201.4 million.
Bentley Systems reported fourth-quarter 2024 revenue of $349.8 million, up 12.6%, and full-year revenue of $1,353.1 million, up 10.1%. GAAP diluted earnings per share fell to $0.16 from $0.54 a year earlier, while adjusted EPS rose to $0.21 from $0.20, and the company set a 2025 revenue outlook of $1,461 million to $1,490 million and raised its quarterly dividend by one cent.
Q4 2024 total revenues were $349.8 million, up 12.6% year over year; net income per diluted share was $0.16 versus $0.54.
Q4 adjusted EPS was $0.21 versus $0.20; the prior-year GAAP figure included a $170.8 million tax benefit related to internal restructuring.
2025 outlook: total revenues of $1,461 million to $1,490 million and free cash flows of $415 million to $455 million.
Quarterly cash dividend raised by one cent to $0.07 per share, payable March 27, 2025, to holders of record as of March 19, 2025.
Bentley Systems appointed James Lee as Chief Operating Officer effective January 13, 2025, after he spent time at Google Cloud and SAP. The company also eliminated the Chief Product Officer position, and Michael M. Campbell will leave on January 21, 2025 under a separation agreement that includes a $1.5 million cash severance payment.
James Lee appointed COO effective January 13, 2025, with a base salary of $400,000 (prorated for 2025) and an initial OTI target of $400,000 (prorated)
Lee to receive a one-time RSU grant with an aggregate value of $7.5 million, plus 2025 annual RSU awards of $488,889 time-based and $488,889 performance-based
Chief Product Officer role eliminated; product development consolidated under CTO Julien Moutte
Michael M. Campbell leaves January 21, 2025 and will receive a $1.5 million cash severance payment
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Bentley Systems filing is on SEC EDGAR ↗. 8-K briefs of other companies →