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Bentley Systems Announces Second Quarter 2026 Results

What happened
Based on Bentley Systems News · Aug 06, 2026

Bentley Systems reported strong Q2 2026 results with 12% constant-currency ARR growth and 13% subscription revenue growth, supported by AI integration and disciplined execution.

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Bentley Systems Announces Second Quarter 2026 Results
Bentley Systems News — Bentley Systems
Key points
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EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today details results for the quarter ended June 30, 2026.
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Growth was led once again by the Resources sector, followed by Public Works / Utilities, including from the electric grid.
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Bentley Systems is instrumenting more of its engineering applications so that users can combine its trusted, deterministic engines for modeling, analysis, and simulation with the reasoning capabilities of their preferred AI assistants.
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We delivered constant-currency ARR growth of 12% and constant-currency subscriptions revenue growth of 13%, with free cash flow having grown 15% on a last-twelve-months basis and profitability in line with its expectations.
Key numbers
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CFO Werner Andre detailed the company’s financial performance, reporting 12% constant-currency ARR growth and 13% constant-currency subscription revenue growth.
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Free cash flow increased by 15% on a trailing twelve-month basis, with profitability aligning with expectations.
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9 times, with ample credit capacity to support acquisitions and shareholder returns.

Bentley Systems announced its financial results for the quarter ended June 30, 2026, highlighting consistent growth across key metrics. Executive Chair Greg Bentley emphasized the company’s focus on hybrid innovation, particularly in AI integration, as a driver of long-term shareholder value. He noted sustained momentum in annual recurring revenue (ARR), profitability, and free cash flow, despite operating stock-based compensation adjustments. The company’s financial discipline was underscored as a core strength in maintaining performance.

CEO Nicholas Cumins reported strong growth led by the Resources sector, followed by Public Works and Utilities, including contributions from the electric grid. He highlighted progress in Infrastructure AI, where users are combining Bentley’s deterministic engineering tools with AI assistants for live project applications. Early customer feedback indicated growing interest in monetizing these capabilities, signaling potential future revenue streams as adoption expands.

CFO Werner Andre detailed the company’s financial performance, reporting 12% constant-currency ARR growth and 13% constant-currency subscription revenue growth. Free cash flow increased by 15% on a trailing twelve-month basis, with profitability aligning with expectations. The company also implemented new enterprise-wide finance and quote-to-cash platforms, absorbing costs within margin commitments while preparing for future scalability. Net debt leverage stood at 1.9 times, with ample credit capacity to support acquisitions and shareholder returns.

Bentley Systems will host a live webinar on August 6, 2026, to discuss the quarterly results. The event will be accessible via Zoom or the company’s Investor Relations website, with a replay and transcript available for one year. The company also provided updates on its non-GAAP financial measures, refining its performance metrics to better reflect core operations, including adjustments for integration costs and retention incentives related to acquisitions.

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