Bentley Systems, Incorporated (BSY) Earnings Call Transcripts
Bentley Systems, Incorporated's Latest Earnings Call - June 10, 2026
In the second quarter of fiscal year 2026, Bentley Systems reported strong financial performance, with revenue reaching $200 million, representing a 12% year-over-year increase. Adjusted earnings per share (EPS) came in at $0.45, beating consensus estimates by $0.05. Management maintained its full-year revenue guidance, projecting growth in the low double digits, while emphasizing the positive impact of AI initiatives on future growth and operational efficiency.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $200M (beat) |
| EPS | $0.45 (beat) |
| Adjusted Operating Margin | 30% (positive) |
| Free Cash Flow Margin | 35% (null) |
| Annual Recurring Revenue (ARR) Growth | low double digits (inline) |
| Asset Analytics Revenue | $50M (positive) |
Guidance from management
Management maintained its full-year revenue guidance, projecting growth in the low double digits, while emphasizing the positive impact of AI initiatives on future growth and operational efficiency.
What management said
It's a really worthwhile thing to work on. And AI is bringing forward the future for us, if you like. The things we have wanted to do with our software are more feasible and in front of us at the moment, and it's really exciting to do that. Over the 42 years of our company, we've reinvented the technology underlying our software meant multiple times, that continuity in doing that is what has made us successful becau...
Well, the LLM are going to be great to devise and run these agents to direct this process, but the value of the process is in the underlying modeling and simulation software. And no, we're not worried that highly educated engineers are going to confuse what's doing their work and livelihood as they already know and trust Bentley. So this is not a concern for us. Headless software is great and better. The more there c...
What analysts pressed on
Analysts expressed concerns regarding potential cyclicality in the resources sector and the impact of AI on customer spending. There were questions about how Bentley plans to manage these risks while continuing to grow its ARR.
Main topics on the call
- AI Integration and Growth — Management highlighted the significant opportunities presented by AI, particularly through their new asset analytics initiative, which has generated recurring revenues of approximately $50 million. Greg Bentley stated, "...
- Infrastructure Investment Bill — The recent passage of the BUILD 250 bill is expected to positively impact Bentley Systems, extending federal funding for surface transportation projects. Greg Bentley noted, "It's good to have another 5 years... for surf...
- Capital Allocation Strategy — Management reiterated its focus on programmatic acquisitions while maintaining a balanced approach to stock repurchases and dividends. Greg Bentley mentioned, "Our priority for capital allocation would continue to be pro...
- Small and Medium Business (SMB) Growth — Bentley Systems is increasingly targeting the SMB sector, which has shown strong growth potential. Greg Bentley stated, "There are as many infrastructure engineers who work for small, medium businesses... as there are in...
Read the full Bentley Systems, Incorporated transcript (June 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Bentley Systems, Incorporated
Bentley Systems, Incorporated (BSY) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 49 calls on record spanning November 10, 2020 to August 6, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 49 Bentley Systems, Incorporated earnings call transcripts on record, spanning November 10, 2020 to August 6, 2026. Based on this history, Bentley Systems, Incorporated reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- BSY
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 49
- First call
- November 10, 2020
- Most recent
- August 6, 2026
- Reporting cadence
- quarterly