NASDAQ$BSY
Bentley Systems, Incorporated · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Bentley Systems reported strong operating results, consistent with its established financial outlook for 2022.
Bentley Systems reported total revenues of $275.5 million, up 24.1% year-over-year, and ARR of $962.6 million, representing a constant currency ARR growth rate of 27%. The company's results were impacted by consequences related to Russia and ARR attrition within China.
- Total revenues were $275.5 million, up 24.1% year-over-year.
- ARR was $962.6 million as of March 31, 2022, representing a constant currency ARR growth rate of 27%.
- GAAP operating income was $56.6 million, compared to $55.6 million for the same period last year.
- GAAP net income was $56.4 million, compared to $57.0 million for the same period last year.
Headline financials
Revenue & EPS history
Bentley Systems · Revenue · Quarterly
$276M
Revenue by segment
Bentley Systems · $276M total across 3 segments · Q1 2022
- Subscriptions$241M—87.6%
- Services$24.1M+1.3%8.7%
- Perpetual Licenses$10.2M+0.9%3.7%
Forward guidance
Bentley Systems reaffirms its established financial outlook for 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
-0.5%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+4.0%
Avg return
30 days after
55%
16 / 29 earnings
Positive
+14.2%
Q4 2025
Best reaction
-23.4%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.8% | +1.8% | +2.6% | |
| Q4 2025 | +14.2% | +19.3% | +7.0% | |
| Q3 2025 | -1.0% | -5.4% | -11.8% | |
| Q1 2025 | +5.6% | +9.0% | +13.7% | |
| Q4 2024 | -2.3% | -6.2% | -13.1% | |
| Q3 2024 | -2.7% | -1.1% | -0.4% | |
| Q2 2024 | +4.6% | +8.0% | +8.6% | |
| Q1 2024 | +1.5% | +3.6% | -5.9% | |
| Q4 2023 | -3.2% | -2.5% | -0.5% | |
| Q3 2023 | +7.0% | +8.1% | +5.5% | |
| Q2 2023 | -6.2% | -8.4% | -2.5% | |
| Q1 2023 | +9.1% | +7.1% | +19.0% | |
| Q4 2022 | +1.7% | +8.3% | +7.8% | |
| Q3 2022 | +1.7% | +14.4% | +16.3% | |
| Q2 2022 | +1.1% | +1.1% | -6.0% | |
| Q1 2022 | -23.4% | -11.3% | -5.4% | |
| Q4 2021 | +6.1% | -0.9% | +15.1% | |
| Q3 2021 | -5.5% | -5.9% | -21.3% | |
| Q2 2021 | -3.6% | -1.2% | +6.6% | |
| Q1 2021 | +8.1% | +9.5% | +39.6% | |
| Q1 2020 | +8.1% | +9.5% | +39.6% | |
| Q4 2020 | +3.8% | +6.0% | +7.7% | |
| Q2 2020 | +3.8% | +6.0% | +7.7% | |
| Q4 2018 | +3.8% | +6.0% | +7.7% | |
| Q3 2019 | -10.2% | -12.5% | -4.2% | |
| Q2 2019 | -10.2% | -12.5% | -4.2% | |
| Q3 2020 | -10.2% | -12.5% | -4.2% | |
| Q4 2019 | -10.2% | -12.5% | -4.2% | |
| Q1 2019 | -10.2% | -12.5% | -4.2% |
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