The financials
Bentley Systems, Incorporated by the numbers
Bentley Systems, Incorporated (BSY) reported revenue of $411M in Q2 2026 (quarter ended Jun 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 Q2 2026 was Enterprise License Subscriptions E365 Subscriptions at $169M, 39% of the disclosed total, just ahead of Term License Subscriptions at 33%.
| 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 | 39% |
| Term License Subscriptions | $143M | 33% |
| SELECT Subscriptions | $66M | 15% |
| Service | $22M | 5.2% |
| Professional Services Other | $19M | 4.3% |
| Perpetual Licenses | $9.7M | 2.2% |
| Professional Services Recurring | $3.9M | 0.9% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $432.6M (-2.5%)
Term License Subscriptions grew +25% year on yearProfessional Services Recurring -14% year on year
Segment Latestquarter on quarteryear on year
- Enterprise License Subscriptions E365 Subscriptions$168.7M$168.7MQoQ -0.24%year on year +12%-0.24%+12%
- Term License Subscriptions$143.2M$143.2MQoQ -6.5%year on year +25%-6.5%+25%
- SELECT Subscriptions$66.3M$66.3MQoQ -1.1%year on year -1.5%-1.1%-1.5%
- Service$22.4M$22.4MQoQ -1.1%year on year +9.4%-1.1%+9.4%
- Professional Services Other$18.5M$18.5MQoQ -5.3%year on year +16%-5.3%+16%
- Perpetual Licenses$9.7M$9.7MQoQ +7.2%year on year -4.8%+7.2%-4.8%
- Professional Services Recurring$3.9M$3.9MQoQ +26%year on year -14%+26%-14%
Software - Application
Ranks #20 of 72 by Smart Score