Welcome to our dedicated page for BENTLEY SYSTEMS SEC filings (Ticker: BSY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bentley Systems filings document the reporting framework for an infrastructure engineering software company with Class B common stock listed on Nasdaq under BSY. Its Form 8-K reports cover quarterly and annual operating results, furnished earnings releases, non-GAAP reconciliations, dividends, repurchase authorizations, convertible senior note matters, and credit facility amendments including senior secured term loan arrangements.
Proxy filings describe annual meeting matters, stockholder voting procedures, board and governance topics, executive compensation, and the company’s dual-class common stock context. Together, the filings provide formal disclosure on revenue performance, capital allocation, debt and equity instruments, material agreements, governance controls, and risk-related statements tied to Bentley’s software business.
Bentley Systems Inc. executive Gregory S. Bentley, who serves as Executive Chair, President and a more than 10% owner, reported making bona fide gifts of Class B Common Stock on 2026-08-12. He transferred 703 shares and 281 shares at a stated price of $0.00 per share. The filing also reports indirect holdings of Class B Common Stock, including 29,155 shares held by his spouse and 92,654 shares held through a 401(K) Plan.
Bentley Systems reported for the three and six months ended June 30, 2026. Total revenues were $410,727 for the quarter and $834,908 year-to-date, increases of 12.8% and 13.6% versus 2025, driven mainly by subscriptions of $378,635 and $771,119. Annualized recurring revenues were $1,535,988 with a 12% constant-currency ARR growth rate and a last-twelve-month recurring revenues dollar-based net retention rate of 109%.
Operating income was $88,608 for the quarter and $214,868 for six months; AOI less Operating SBC was $116,036 and $256,959. Net income attributable to Bentley Systems was $78,573 for the quarter ($0.25 diluted EPS) and $173,959 for six months ($0.55 diluted EPS). Cash flows from operating activities were $264,921 compared with $280,500 a year earlier. Cash and cash equivalents were $146,981 and total debt was $1,217,180, including a new $550,000 term loan used in part to repay $678,254 at maturity of the 2026 convertible notes. The company repurchased 3,747,742 Class B shares for $125,075 and paid cash dividends of $0.14 per share, or $42,444 in total, during the first half of 2026.
Bentley Systems reported second‑quarter 2026 total revenues of $410.7 million, up 12.8% year‑over‑year (12.2% on a constant currency basis). Subscriptions revenue was $378.6 million, up 13.6%, and Annualized Recurring Revenues were $1,536.0 million with a last twelve‑month dollar‑based net retention rate of 109%.
Operating income margin for the quarter was 21.6% versus 23.2% a year earlier, while AOI less Operating SBC margin was 28.3% versus 29.3%. Net income per diluted share rose to $0.25 from $0.22, and Adjusted EPS increased to $0.35 from $0.32. Free cash flow for the quarter was $63.8 million, up from $57.0 million.
For the first six months of 2026, total revenues were $834.9 million, up 13.6% year‑over‑year, with subscriptions revenue of $771.1 million, up 14.1%. Management emphasized continued demand in resources and public works/utilities, progress in Infrastructure AI offerings, and the use of non‑GAAP metrics such as AOI less Operating SBC, Adjusted EPS, free cash flow, and Adjusted EBITDA to assess underlying performance and liquidity.
Bentley Systems Inc. Chief Legal Officer David R. Shaman reported a tax-withholding disposition of 1,040 shares of Class B Common Stock on August 2, 2026 at a volume weighted average price of $35.68. The shares were withheld by the company to cover taxes due on a scheduled distribution from its Non-Qualified Deferred Compensation Plan. After this event he held 629,346 shares directly, plus additional indirect holdings through Grantor Retained Annuity Trusts, a spouse‑trustee account, and a 401(k) plan; his direct holdings include shares acquired via the Global Employee Stock Purchase Plan for an offering period ended June 30, 2026.
BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of Class B stock of Bentley Systems, Inc.. BlackRock reported beneficial ownership of 15,722,181 shares, representing 5.4% of the Class B stock as of June 30, 2026.
BlackRock reported sole voting power15,327,751 shares and sole dispositive power15,722,181 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of Bentley Systems’ outstanding common shares.
Gregory S. Bentley, Executive Chair, President and 10% owner of Bentley Systems, reported equity compensation in the form of 61,037 shares of Class B Common Stock, representing the stock portion of a Bonus Pool Plan payment at $30.1200 per share. To satisfy related tax obligations, 26,698 shares were withheld by the issuer. Reported indirect holdings include 29,155 shares held by his spouse and 92,654 shares held through a 401(k) plan.
Bentley Systems Inc. Chief Legal Officer David R. Shaman reported routine equity activity in Class B Common Stock. On July 8, 2026, 704 shares were disposed at $31.65 per share to cover tax liabilities tied to a scheduled distribution from the issuer's Non-Qualified Deferred Compensation Plan, leaving 629,731 shares held directly. Indirect holdings include 32,635 shares via a 401(k) plan, 80,000 shares with the spouse as trustee, and 279,308 shares held by Grantor Retained Annuity Trusts.
Bentley Systems' Chief Financial Officer Andre Werner received a grant of 301 shares of Class B Common Stock on account of dividend equivalent rights. The award carried a price of $0.00 per share and accrued in connection with a dividend paid on previously granted awards.
These dividend equivalent rights will vest on the same terms as the underlying awards to which they relate, making this a routine, compensation-related acquisition rather than a market purchase. Following this grant, Werner directly holds 377,169 shares of Class B Common Stock.
Trimback Thomas F reported acquisition or exercise transactions in this Form 4 filing.
Bentley Systems Chief Accounting Officer Thomas F. Trimback received an award of 42 shares of Class B Common Stock on account of dividend equivalent rights tied to previously granted equity awards. These new shares vest on the same terms as the underlying awards and increase his directly held stake to 19,376 shares. The award is compensation-related, with no open-market purchase or sale involved.
Bentley Systems Inc. director and major shareholder Raymond B. Bentley reported an acquisition of Class B Common Stock tied to existing equity awards. He received 2,076 Class B shares at a price of $0.00 per share as dividend equivalent rights, which vest on the same terms as the underlying awards. Following this grant, he directly holds 14,814,360 Class B shares, with additional indirect holdings of 92,654 shares through a 401(k) plan and 125,000 shares held by his spouse.