NASDAQ$BSY

Bentley Systems, Incorporated · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Bentley Systems reported Q1 2026 revenue of $424.2M and net income of $95.4M, with diluted EPS of $0.30.

Total revenues grew 14% to $424.2 million on subscriptions and licenses. Net income attributable to Bentley was $95.4 million; diluted EPS was $0.30. Operating income was $126.3 million with infrastructure engineering software demand steady.

  • Revenue $424.2M (+14% YoY).
  • Net income $95.4M; diluted EPS $0.30.
  • Subscriptions $401.5M of revenue.
  • Operating income $126.3M.

Headline financials

Total Revenue

$424M

Previous: $371M+14.5%
EPS (adj)

$0.30

Previous: $0.28+7.1%
Capital Expenditures

-$5.55M

Previous: -$3.04M-82.4%
Net Income

$95.4M

Previous: $91.4M+4.4%
Operating Income

$126M

Previous: $115M+9.6%
Gross Profit

$350M

Previous: $305M+14.9%

Revenue & EPS history

Bentley Systems · Revenue · Quarterly

$424M

Q1 2026+14.5%vs Q1 2025
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Bentley Systems · $35.9M total across 2 segments · Q3 2023

  • Services
    $24M+1.7%
  • Perpetual Licenses
    $11.9M+25.7%

Forward guidance

ARR and infrastructure investment cycles are MD&A themes.

Tailwinds

  • Double-digit revenue growth.
  • High operating margins.

Headwinds

  • Competition in AEC software.
  • FX on international sales.

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 2026

Historical avgQ1 2026

-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

Earnings price reactions
QuarterReport dateReaction (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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