Bentley Systems, Incorporated Class B (BSY)

Bentley Systems' stock has experienced several notable events and movements in the past six months. The stock has traded between a 52-week high of $59.25 and a low of $30.97. As of January 30, 2026, the share price was $35.12, a decline from $45.86 on February 3, 2025, representing a 23.42% decrease over that period. Bentley Systems' EPS missed analyst estimates by 8.8% in Q2 2025, although revenue was in line with estimates. The company reported Q3 2025 earnings per share (EPS) of $0.27, meeting consensus estimates. Bentley Systems posted a net profit margin decline. Bentley Systems declared a $0.07 per share dividend for Q4 2025 and extended its stock repurchase program. Bentley Systems acquired Talon Aerolytics and the technology and technical expertise of Pointivo. Several officers engaged in both acquisition and disposition of shares. Bentley Systems is scheduled to announce its Q4 2025 earnings on February 26, 2026.

Bentley Systems' demand for products and services exhibits some seasonality. The company's Rule of 40 performance has shown slight drops in certain periods, probably due to seasonal factors. Similarly, operating income has experienced declines, likely due to seasonal revenue drop. The company's business model, with over 92% recurring revenue, provides a resilient foundation despite these seasonal variations.

Bentley Systems, Inc. is an infrastructure engineering software company that develops, manufactures, licenses, sells, and supports computer software and services globally. The company's software solutions are utilized for various infrastructure projects, including roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Bentley Systems' major products and platforms include MicroStation, ProjectWise, AssetWise, iTwin Platform, Seequent's software, Bentley Infrastructure Cloud, Bentley Open applications, and OpenRoads Designer. The company primarily generates revenue through subscription-based licensing models, with subscriptions accounting for approximately 92% of total revenue in Q3 2025.

Bentley Systems is headquartered in Exton, Pennsylvania, United States, and has a significant global presence, with development, sales, and other departments in over 50 countries. In 2021, it generated revenue in 186 countries. Geographically, its sales are broken down across regions including the United States, Europe, the Middle East, and Africa (EMEA), Asia-Pacific, and the Americas (excluding the United States).

Bentley Systems maintains a strong brand reputation, emphasizing innovation, responsibility, connectivity, and passion as its core values. Bentley Systems announced the winners of its 2025 Partner Excellence Awards, recognizing partners for their excellence in product sales, services, and training. The company announced the winners of its 2024 Going Digital Awards, honoring infrastructure professionals for their innovative use of Bentley software. The Alabama Department of Transportation enhanced its performance-based budgeting with Bentley Systems' AI-Powered Blyncsy Solution. Bentley Systems is making significant investments in AI and asset analytics to enhance productivity in operations, maintenance, and design.

The ownership structure of Bentley Systems stock is a mix of institutional, retail, and individual investors. Approximately 26.13% of the company's stock is owned by Institutional Investors, 18.56% by Insiders, and 55.31% by Public Companies and Individual Investors. The Bentley family retains majority ownership. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc., and Kayne Anderson Rudnick Investment Management Llc. Key individual insiders with significant ownership include the founding Bentley brothers: Keith Bentley, Gregory Bentley, and Raymond Bentley.