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    Bentley Systems Inc (BSY)

    Official site

    TECHNOLOGY • SOFTWARE - APPLICATION • NASDAQ

    $36.23
    +1.14 (+3.25%)

    Market Cap: $10.59B

    Last updated: Oct 16, 2026 at 1:54 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    88%(22/25)
    Avg Surprise
    +13.70%
    Streak
    3 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.33
    Range$0.30 - $0.35
    14 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.34-2.3%
    60d ago$0.34-2.3%
    30d ago$0.33+0.6%
    7d ago$0.33+0.2%
    Current$0.33
    Revenue Consensus
    $421M
    Range$416M - $427M
    14 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.39
    Range$0.31 - $0.44
    16 analysts
    Revenue Consensus
    $443M
    Range$433M - $455M
    16 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.39---
    Sep 26EST
    		-$0.33---
    Jun 26
    Reported Aug 6
    		$0.28$0.28+0.00%Beat-12.5%
    Mar 26
    Reported May 7
    		$0.38$0.36+5.56%Beat+8.6%
    Dec 25
    Reported Feb 26
    		$0.22$0.22+0.00%Beat+4.8%
    Sep 25
    Reported Nov 5
    		$0.22$0.23-4.35%Miss-8.3%
    Jun 25
    Reported Aug 6
    		$0.32$0.29+10.34%Beat+3.2%
    Mar 25
    Reported May 7
    		$0.35$0.30+16.67%Beat+12.9%
    Dec 24
    Reported Feb 26
    		$0.21$0.22-4.20%Miss+5.0%
    Sep 24
    Reported Nov 7
    		$0.24$0.24+0.00%Beat+9.1%
    Jun 24
    Reported Aug 6
    		$0.31$0.23+34.78%Beat+29.2%
    Mar 24
    Reported May 7
    		$0.31$0.26+19.23%Beat+24.0%
    Dec 23
    Reported Feb 27
    		$0.20$0.18+11.11%Beat+5.3%
    Sep 23
    Reported Nov 7
    		$0.22$0.19+15.79%Beat+15.8%
    Jun 23
    Reported Aug 8
    		$0.24$0.19+26.32%Beat+9.1%
    Mar 23
    Reported May 9
    		$0.25$0.21+19.05%Beat+4.2%
    Dec 22
    Reported Feb 28
    		$0.19$0.19+0.00%Beat-17.4%
    Sep 22
    Reported Nov 8
    		$0.19$0.17+11.76%Beat+11.8%
    Jun 22
    Reported Aug 9
    		$0.22$0.18+22.22%Beat-4.3%
    Mar 22
    Reported May 10
    		$0.24$0.20+20.00%Beat+20.0%
    Dec 21
    Reported Mar 1
    		$0.23$0.17+35.29%Beat+35.3%
    Sep 21
    Reported Nov 9
    		$0.17$0.17+0.00%Beat+0.0%
    Jun 21
    Reported Aug 10
    		$0.23$0.15+53.33%Beat+64.3%
    Mar 21
    Reported May 11
    		$0.20$0.16+25.00%Beat-
    Dec 20
    Reported Mar 2
    		$0.17$0.16+6.25%Beat-
    Sep 20
    Reported Nov 10
    		$0.17$0.13+30.77%Beat-
    Jun 20
    Reported Aug 7
    		$0.14$0.16-12.50%Miss-

    Dividends

    Dividend Metrics

    Forward Yield0.77%
    Forward Annual Dividend$0.28
    Payout Ratio16.70%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+32.64%
    BSY dividend history and ex-dividend datesRun BSY in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio32.94EV/EBITDA26.41x
    Price/FCF22.66xFCF Yield4.41%
    Profitability
    Profit Margin18.10%Operating Margin25.00%
    ROE24.50%ROIC12.70%
    Financial Health
    Debt/Equity1.01xInterest CoverageN/A
    Current Ratio0.59xQuick Ratio0.59x
    Trading Statistics
    Beta1.00Avg Volume2.69M
    52-Week High$52.4552-Week Low$28.02

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$34.94
    SMA 20$33.44
    SMA 50$34.24
    SMA 200$34.27
    EMA 10$34.80
    EMA 20$34.13
    EMA 50$33.78
    EMA 200$35.59

    MACD

    Line: 0.63Signal: 0.25Hist: 0.38

    ADX

    ADX: 21.4+DI: 31.8-DI: 16.3

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down48.0
    PSAR$32.65

    Bollinger Bands

    Upper Band$36.94
    Lower Band$29.94
    %B Position2093%(Upper)
    Band Width0.90

    RSI (14-Day)

    Neutral
    64.0

    Momentum Oscillators

    Stoch %K84.9
    Stoch %D81.3
    Williams %R-4.1
    ROC (10d)10.6%
    Momentum3.48
    CCI (20d)105.0
    MFI (14d)69.8

    Volatility Measures

    ATR (14d)$1.19(3.3%)
    StdDev (20d)1.75
    Hist Vol41.3%(High)

    Volume Flow

    VWAP$35.95
    OBV-7.8M
    AD Line-284.7M
    CMF (20d)0.100

    Volume Metrics

    Avg Vol (20d)2.7M
    Vol Ratio1.3x
    VWMA (20d)$33.38

    Pivot Points

    R3$36.20
    R2$35.81
    R1$35.45
    Pivot Point$35.06
    S1$34.70
    S2$34.31
    S3$33.95

    Advanced Oscillators

    TSI13.13
    Ultimate Osc49.5
    KST29.69

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$410.73M$424.18M$391.58M$375.55M$364.11M$370.54M$349.82M$335.17M$330.34M$337.76M$310.64M$306.61M
    Cost of Revenue$73.99M$73.77M$70.90M$72.19M$68.78M$65.66M$67.91M$64.83M$63.19M$61.83M$67.80M$64.68M
    Gross Profit$336.74M$350.41M$320.68M$303.35M$295.33M$304.88M$281.91M$270.34M$267.14M$275.93M$242.84M$241.94M
    Operating Expenses$248.13M$224.15M$242.17M$218.86M$210.90M$189.70M$220.50M$201.71M$186.97M$184.00M$205.07M$168.26M
    R&D$82.09M$83.00M$80.99M$78.75M$75.39M$72.45M$77.10M$70.07M$65.71M$68.37M$71.24M$65.47M
    SG&A$65.22M$58.51M$66.43M$53.82M$49.86M$47.23M$57.68M$51.36M$54.85M$46.48M$51.99M$42.68M
    Operating Income$88.61M$126.26M$78.51M$84.50M$84.43M$115.18M$61.41M$68.63M$80.18M$91.93M$37.77M$73.68M
    Interest Income$-9,103,000$-8,200,000$-2,381,000$-2,727,000$-3,519,000$-3,808,000$-5,755,000$-4,669,000$-5,100,000$-6,520,000$-9,170,000$-10,047,000
    Interest Expense$0$7.70M$2.62M$790,000$5.12M$3.36M$0$9.76M$2.82M$0$23.60M$4.09M
    Income Before Tax$95.07M$118.56M$75.89M$83.71M$79.31M$111.83M$64.28M$58.87M$77.36M$92.55M$14.17M$69.58M
    Income Tax Expense$16.61M$23.16M$17.36M$26.26M$8.88M$20.49M$14.63M$16.52M$5.33M$22.25M$-165,348,000$16.51M
    Net Income$78.52M$95.35M$58.67M$57.29M$70.50M$91.34M$49.74M$42.34M$72.05M$70.31M$179.59M$53.03M
    EBITDA$121.28M$144.03M$95.92M$107.06M$100.48M$133.17M$88.03M$81.38M$100.37M$117.28M$44.24M$98.94M
    EBIT$104.17M$126.76M$78.27M$86.43M$82.83M$115.63M$70.03M$63.54M$82.46M$99.07M$23.34M$79.63M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $11.91M
    Gov Obligations / Revenue
    0.8%
    Obligations YoY
    -0.3%
    Active Awards
    24
    New Awards (TTM)
    20
    Avg Remaining Term
    7.7 mo

    Top agency: Department of Defense at 91.8% of trailing twelve month obligations across 6 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    W912DY26CA028Department of DefenseDepartment of the Army$7.68MApr 1, 2026
    W912DY26CA021Department of DefenseDepartment of the Army$2.60MApr 1, 2026
    W912DY26CA018Department of DefenseDepartment of the Army$487877Mar 31, 2026
    140G0225F0218Department of the InteriorU.S. Geological Survey$284349Aug 12, 2025
    140G0226F0227Department of the InteriorU.S. Geological Survey$266485Sep 22, 2026
    HQ072726FE031Department of DefenseDefense Microelectronics Activity$165622Feb 1, 2026
    12314425P0071Department of AgricultureOffice of the Chief Financial Officer$68355Sep 30, 2025
    1605TB25F00090Department of LaborOffice of the Assistant Secretary for Administration and Management$50680Sep 30, 2025
    140R8125F0214Department of the InteriorBureau of Reclamation$50361Sep 18, 2025
    89243326PFE000989Department of EnergyDepartment of Energy$45400Jul 30, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    A director acquires 1,033 dividend-linked share rights at Bentley Systems (BSY).

    Keith A. Bentley, a director and 10% owner of Bentley Systems Inc. (BSY), acquired 1,033 shares of Class B Common Stock on September 29...

    Stock Titan•10/2/26•Neutral

    Revenue chief acquires 174 dividend-linked shares at Bentley Systems (BSY).

    Bentley Systems' Chief Revenue Officer, Andrew Rahden, acquired 174 Class B common shares on September 29, 2026. These shares represent dividend equivalent rights linked to previously granted awards and vest under...

    Stock Titan•10/2/26•Neutral

    Dividend rights add 737 shares for Bentley Systems (BSY) CEO Nicholas Cumins.

    Bentley Systems CEO Nicholas Cumins acquired 737 Class B Common Stock shares on September 29, 2026, stemming from dividend equivalent rights. These rights vest under the same conditions as their associated awards. After...

    Stock Titan•10/2/26•Neutral

    At $0 per share, David R. Shaman acquired 469 dividend-linked share rights in Bentley Systems (BSY).

    Bentley Systems' Chief Legal Officer, David R. Shaman, acquired 469 Class B common shares on September 29, 2026. These shares were dividend equivalent rights accrued on previously granted awards...

    Stock Titan•10/2/26•Neutral

    Dividend-linked awards bring 199 shares to Bentley Systems (BSY) CFO Andre Werner.

    Bentley Systems Inc. (BSY) CFO Andre Werner acquired 199 shares of Class B Common Stock on September 29, 2026, which represent dividend equivalent rights from previously granted awards. Following this transaction...

    Stock Titan•10/2/26•Neutral

    BSY Valuation and Fair Value

    P/E
    32.9x
    Forward P/E
    20.0x
    EV/EBITDA
    26.4x
    P/FCF
    22.7x
    PEG
    1.3x
    P/B
    9.4x
    See GNG's fair value

    BSY Profitability: Margins, ROIC and FCF

    Gross margin
    81.8%
    Operating margin
    25.0%
    Net margin
    18.1%
    ROIC
    12.7%
    ROE
    24.5%
    FCF margin
    31.1%
    FCF yield
    4.4%

    BSY Competitors

    CompanyTicker
    Rambus IncRMBS
    Nova LtdNVMI
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    Sanmina CorporationSANM
    Paycom Software, Inc.PAYC
    Littelfuse IncLFUS
    TTM Technologies IncTTMI
    Viavi Solutions IncVIAV

    Sector: Technology

    BSY Analyst Ratings

    Consensus
    Buy
    Analysts
    17
    Strong Buy
    3
    Buy
    10
    Hold
    4
    Sell
    0
    Strong Sell
    0

    BSY Bull Case vs Bear Case

    Bull case

    • BSY converts 31.1% of revenue into free cash flow.
    • BSY grew quarterly revenue 12.8% year over year.
    • 76.5% of BSY's analyst ratings are Buy or Strong Buy.

    Bear case

    • BSY beat EPS estimates in 37.5% of its last 8 reported quarters.

    BSY Earnings: Beat Rate and Next Report

    Beat rate
    3 of 8 quarters (37.5%)
    Average surprise
    3.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.33
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 0 down

    BSY Dividend

    Forward yield
    0.8%
    Payout ratio
    16.7%
    3Y DPS growth
    32.6%
    Pay months
    Mar, Jun, Sep, Dec
    BSY dividend history

    Frequently Asked Questions About BSY

    What is BSY's current dividend yield?

    Bentley Systems Inc (BSY) has a forward dividend yield of 0.77%.

    Does BSY pay dividends?

    Yes, Bentley Systems Inc pays dividends with a forward dividend yield of 0.77%.

    What is BSY's P/E ratio?

    Bentley Systems Inc has a price-to-earnings (P/E) ratio of 32.94.

    What is BSY's market cap?

    Bentley Systems Inc (BSY) has a market capitalization of $10.59B with a current stock price of $36.23.

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