The financials
Bentley Systems, Incorporated by the numbers
Bentley Systems, Incorporated (BSY) reported revenue of $411M in Q2 2026 (quarter ended June 30, 2026), up 13% from the same quarter a year earlier. That came with a gross margin of 82% and net income of $79M (19% of revenue). For the full year FY2025, revenue was $1.50B (+11% year on year) and net income $278M. Its largest product in 2026-Q1 was Enterprise License Subscriptions E365 Subscriptions at $169M, 38% of the disclosed total, just ahead of Term License Subscriptions at 35%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $411M | $364M | +13% |
| Gross profit | $337M | $295M | +14% |
| Operating income | $89M | $84M | +4.9% |
| Net income | $79M | $70M | +11% |
| Diluted EPS | $0.25 | $0.22 | +14% |
| Product | Revenue | Share |
|---|---|---|
| Enterprise License Subscriptions E365 Subscriptions | $169M | 38% |
| Term License Subscriptions | $153M | 35% |
| SELECT Subscriptions | $67M | 15% |
| Service | $23M | 5.1% |
| Professional Services Other | $20M | 4.4% |
| Perpetual Licenses | $9.1M | 2.0% |
| Professional Services Recurring | $3.1M | 0.7% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $443.6M (+12%)
Professional Services Other grew +37% year on yearPerpetual Licenses -16% year on year
Segment Latestquarter on quarteryear on year
- Enterprise License Subscriptions E365 Subscriptions$169.1M$169.1MQoQ +7.9%year on year +15%+7.9%+15%
- Term License Subscriptions$153.1M$153.1MQoQ +28%year on year +18%+28%+18%
- SELECT Subscriptions$67.0M$67.0MQoQ -0.33%year on year +7.8%-0.33%+7.8%
- Service$22.6M$22.6MQoQ +11%year on year +30%+11%+30%
- Professional Services Other$19.6M$19.6MQoQ +17%year on year +37%+17%+37%
- Perpetual Licenses$9.1M$9.1MQoQ -17%year on year -16%-17%-16%
- Professional Services Recurring$3.1M$3.1MQoQ -14%year on year -2.9%-14%-2.9%
Software - Application
Ranks #13 of 90 by Smart Score