BSY

Autodesk Inc (NASDAQ:ADSK) is expected to report fiscal first-quarter earnings with a modest revenue beat and a likely reaffirmation of full-year guidance, according to Jefferies, in what the firm sees as a generally steady update for the software company. Jefferies expects Autodesk to deliver roughly a 1.5% revenue beat versus consensus, driven by continued execution across its core design and construction software businesses. Management is also expected to reiterate its constant-currency full-year outlook, consistent with its typical first-quarter cadence, which could limit near-term share price catalysts. While macro indicators such as architectural billings and PMI data remain uneven, Jefferies wrote that its channel checks point to stable underlying demand. Peer results from companies including Bentley Systems, Dassault Systèmes, PTC, and Procore have also suggested broadly steady spending trends in design and engineering software, with no clear disruption linked to geopolitical tensions in the Middle East. A US-based partner check likewise indicated in-line performance in the first quarter, with continued strength in Autodesk’s Forma and Autodesk Construction Cloud offerings and double-digit growth within parts of the installed base. On billings, Jefferies sees some upside relative to conservative Street expectations. Consensus is positioned around $1.5 billion, while Jefferies forecasts closer to $1.6 billion, reflecting higher year-over-year growth and a relatively easier comparison in the first quarter versus the second. However, the firm noted that billings may remain more heavily weighted to the second half of the year due to sales restructuring and renewal dynamics, including enterprise business agreement activity. Foreign exchange could present a modest headwind, with the US dollar strengthening slightly since Autodesk’s prior guidance. Even so, Jefferies expects investors are broadly positioned for a modest revenue beat of roughly $20 million versus the high end of guidance and in-line second-quarter guidance. Beyond near-term results, Jefferies highlighted continued investor focus on Autodesk’s artificial intelligence strategy, particularly its proprietary AI-enabled CAD model and related monetization opportunities. The analysts pointed to rising competitive attention in the space, including Amazon founder Jeff Bezos’ comments about a new “phy...

EXTON, Pa., May 22, 2026--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY) (the "Company"), the infrastructure engineering software company, today announced that its Board of Directors (the "Board") declared a $0.07 per share dividend for the second quarter of 2026. The cash dividend is payable on June 11, 2026, to all stockholders of record of Class A and Class B common stock as of the close of business on June 2, 2026. About Bentley SystemsAround the world, infrastructure professionals rely on software from Bentley Systems to help them design, build, and operate better and more resilient infrastructure for transportation, water, energy, cities, and more. Founded in 1984 by engineers for engineers, Bentley is the partner of choice for engineering firms and owner-operators worldwide, with software that spans engineering disciplines, industry sectors, and all phases of the infrastructure lifecycle. Through our digital twin solutions, we help infrastructure professionals unlock the value of their data to transform project delivery and asset performance. This press release contains statements that are not historical in nature and that are intended to be, and are hereby identified as, "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations as to the repurchase of Company securities and the payment of a quarterly cash dividend in the foreseeable future. Any future determination as to such transactions will depend upon the financial condition and results of operations of the Company and such other factors as are deemed relevant by the board of directors. For example, macroeconomic conditions, pandemic consequences, a change in business needs including working capital, or a change in income tax law relating to dividends, could cause the company to decide not to repurchase securities or to pay a dividend in the future. A discussion of other risks and uncertainties is included in the company’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2025, and subsequent filings. © 2026 Bentley Systems, Incorporated. Bentley and the Bentley logo are registered trademarks of Bentley Systems, Incorporated. All other brands and product names are trademarks of their respective owners. View source version on businesswire.com: https://www.bu...

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Bentley Systems (BSY) just delivered first quarter 2026 results that topped analyst expectations on both revenue and earnings, and the stock quickly reacted as confidence in traditional software companies improved. See our latest analysis for Bentley Systems. Beyond the post earnings jump, the stock price tells a mixed story, with a 1 day share price return of 3.87% and year to date share price return down 12.69%, while the 1 year total shareholder return has declined 30.32%. This suggests that recent momentum contrasts with weaker longer term results. If Bentley Systems’ move has you rethinking your software exposure, it could be a good moment to widen your search and check out 43 AI infrastructure stocks With Bentley Systems trading at a discount to analyst targets yet carrying a modest value score and solid recent execution, you have to ask yourself: is this a reset that leaves upside on the table, or is the market already baking in future growth? Compared with the last close at $33.31, the most followed narrative points to a fair value of $47.14, using a detailed cash flow and earnings framework built on explicit growth and margin assumptions. Read the complete narrative. Want to see what happens when high recurring revenue, rising margins, and a premium future earnings multiple all meet in one model? The full narrative lays out the revenue trajectory, profitability targets, and discount rate that underpin the $47.14 fair value and the implied upside from today’s price. Result: Fair Value of $47.14 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this narrative could be challenged if agentic AI weakens demand for traditional design software, or if SaaS competitors pressure Bentley Systems’ pricing and margins. Find out about the key risks to this Bentley Systems narrative. With sentiment split between risks and rewards, this is a moment to move quickly, review the underlying data yourself, and weigh the 4 key rewards and 1 important warning sign. If Bentley Systems has sharpened your thinking, do not stop here. Use the Simply Wall St Screener to uncover other stocks that could strengthen your portfolio mix. Supercharge your hunt for potential bargains by scanning...

Bentley Systems delivered a positive Q1, as reflected by the 5.4% post-earnings share price increase. Management pointed to strong execution in both its infrastructure and resources sectors, with CEO Nicholas Cumins highlighting robust demand from mining customers and successful cross-selling of Seequent software. The company’s recurring revenue model, supported by high retention rates and expansion within its Virtuoso SMB accounts, provided the foundation for steady growth. Cumins also noted, “Our year-over-year ARR growth for Q1 was 11.5%, in line with our expectations.” Is now the time to buy BSY? Find out in our full research report (it’s free). Revenue: $424.2 million vs analyst estimates of $419.3 million (14.5% year-on-year growth, 1.2% beat) Adjusted EPS: $0.38 vs analyst estimates of $0.36 (6.9% beat) Adjusted Operating Income: $158.9 million vs analyst estimates of $150.6 million (37.5% margin, 5.5% beat) Operating Margin: 29.8%, down from 31.1% in the same quarter last year Net Revenue Retention Rate: 109%, in line with the previous quarter Annual Recurring Revenue: $1.49 billion vs analyst estimates of $1.49 billion (13.3% year-on-year growth, in line) Billings: $411.9 million at quarter end, up 11.7% year on year Market Capitalization: $9.78 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Joseph Vruwink (Robert Baird) asked about Bentley’s path to delivering greater customer value through software-enabled revenue gains. Executive Chair Gregory Bentley explained that API consumption and AI agents will allow engineering firms to increase productivity, helping accelerate adoption of fixed-price commercial models. Matthew Hedberg (RBC) questioned which opportunities are most critical for achieving stronger ARR growth. CEO Nicholas Cumins cited ongoing strength in resources and mining, continued growth in asset analytics, and contributions from programmatic acquisitions as the main levers. Jason Celino (KeyBanc) inquired about risks and customer perceptions regarding API consumption-based pricing. Cumins clarified that API pricing would target engineering application usage, not data access, and that...

Infrastructure engineering software company Bentley Systems (NASDAQ:BSY) announced better-than-expected revenue in Q1 CY2026, with sales up 14.5% year on year to $424.2 million. Its non-GAAP profit of $0.38 per share was 6.9% above analysts’ consensus estimates. Is now the time to buy BSY? Find out in our full research report (it’s free). Revenue: $424.2 million vs analyst estimates of $419.3 million (14.5% year-on-year growth, 1.2% beat) Adjusted EPS: $0.38 vs analyst estimates of $0.36 (6.9% beat) Adjusted Operating Income: $158.9 million vs analyst estimates of $150.6 million (37.5% margin, 5.5% beat) Operating Margin: 29.8%, down from 31.1% in the same quarter last year Net Revenue Retention Rate: 109%, in line with the previous quarter Annual Recurring Revenue: $1.49 billion vs analyst estimates of $1.49 billion (13.3% year-on-year growth, in line) Billings: $411.9 million at quarter end, up 11.7% year on year Market Capitalization: $10.56 billion Bentley Systems delivered a positive Q1, as reflected by the 5.4% post-earnings share price increase. Management pointed to strong execution in both its infrastructure and resources sectors, with CEO Nicholas Cumins highlighting robust demand from mining customers and successful cross-selling of Seequent software. The company’s recurring revenue model, supported by high retention rates and expansion within its Virtuoso SMB accounts, provided the foundation for steady growth. Cumins also noted, “Our year-over-year ARR growth for Q1 was 11.5%, in line with our expectations.” Looking ahead, Bentley Systems is focused on advancing its AI-driven product offerings and expanding within the critical resources market. Management expects initiatives like the new MCP server for STAAD and further instrumentation of its engineering applications to support AI-powered workflows will be key growth drivers. Cumins emphasized, “The feedback has been clear and consistent. There is strong demand for us to instrument our applications so they can power users on AI-driven workflows.” While these innovations are expected to broaden Bentley’s addressable market, leadership is monitoring potential margin impacts from increased investments in AI development. Management attributed Q1’s outperformance to rapid growth in the resources sector, strong demand for AI-driven engineering tools, and broad-based international momentum. Resources s...

Image source: The Motley Fool. Thursday, May 7, 2026 at 8:15 a.m. ET Chief Executive Officer — Gregory Bentley Chief Operating Officer — Nicholas Cumins Chief Financial Officer — Werner Andre Vice President, Investor Relations — Eric Boyer Need a quote from a Motley Fool analyst? Email [email protected] Gregory Bentley: Thanks to each of you for your interest in BSY's '26 Q1. Nicholas will describe factors that contributed to commendable operating performance, favorably according as usual for BSY with our annual full year outlook. Werner will put this in the financial terms, which continue to differentiate BSY as leading among peers, both in the quality and in the measures most meaningful to shareholders of sustained profitability and cash flows. I will supplement their on-the-ground reporting with perspectives behind our characteristically even higher prioritized endeavors to benefit our future value, in particular through advancements, which make AI for us, more a seminal opportunity than a terminal threat. Last quarter, I enumerated some respects in which Bentley Systems prospects are rather uniquely enhanced and accelerated by AI. Our advantages, as summarized here, make the case that leadership in infrastructure AI is destined, given our experience and determination within Bentley Systems' grasp. Our long-established incumbency as the digital quartermaster for infrastructure engineering organizations substantive tooling is a differentiating and immediate advantage. Quantification of that pole position will be my focus today. In particular, our modeling and simulation applications have established the de facto standards for responsible and deterministic infrastructure engineering, and the stewardship for each account of their cumulative infrastructure engineering data in Bentley Infrastructure cloud, ProjectWise, SYNCHRO and AssetWise, positions them to leverage AI to compound value for themselves and for their own constituents at a steeper rate than ever. Beyond our existing consumption business models, AI is on the cusp of adding to our growth incrementally, agentic API consumption of our modeling and simulation functionality, especially for optimization of designs and, for instance, to intrinsically improve constructability. And our asset analytics initiative, spawned by AI and already exceeding $50 million in annual revenue run rate, is leading the way tow...

Management attributes long-term growth to their 'digital quartermaster' status, with 93% penetration in top global design firms ex-China, positioning them as the primary steward of infrastructure data. The strategic focus has shifted toward 'agentic API consumption,' where AI agents interact directly with modeling applications like STAAD to optimize designs at machine speed, bypassing human-only manual iteration. Performance in the Resources sector, now 20% of ARR, is driven by Seequent's subsurface modeling, which has grown 4x in civil infrastructure since acquisition by addressing ground-condition risks. Management emphasizes a principled approach to data stewardship, explicitly refusing to use client data to train general AI models unless specifically directed, which they view as a competitive trust advantage. The E365 consumption model is evolving to support joint AI initiatives, with technical success teams helping enterprise accounts develop proprietary AI agents to automate mundane tasks like drawings production. Geopolitical tensions and the global race for critical minerals are accelerating demand for Seequent's mining and geothermal energy solutions, particularly in the Americas and EMEA. Bentley is validating a new commercial model for AI that shifts from user-based pricing to API consumption or token-based pricing to capture value from machine-speed design iterations. Management advocates for a shift in the engineering industry from hourly billing to fixed pricing, arguing that AI-driven productivity gains of 20% or more will allow firms to achieve 'IP-level' margins of over 24%. Guidance for 2026 assumes stable organic ARR growth, with seasonality expected to mirror 2025 and a heavier weighting of operating expenses in the first half of the year. The company plans to expand its addressable market by removing the 'natural cap' of human engineer headcount through the promotion of indirect software usage via AI agents. Future growth is contingent on the continued strength of the mining sector and the successful scaling of the Bentley Asset Analytics business under new leadership. The company retired $678 million in convertible notes at maturity, reducing fully diluted share count by 3% and lowering net debt leverage to 1.9x adjusted EBITDA. China remains a persistent headwind, representing approximately 2% of ARR, with geopolitical tensions inhibit...

Interested in Bentley Systems, Incorporated? Here are five stocks we like better. Bentley is pushing an AI strategy focused on API consumption and instrumenting applications—recently releasing an MCP server for STAAD to let AI agents interact with engineering tools to optimize designs, and exploring token-based API consumption pricing separate from its user-based Infrastructure Cloud fees. Operational and financials were strong: Q1 revenue was $424 million (+14.5% YoY) with ARR at $1.495 billion (+11.5% YoY), net revenue retention 109%, Q1 free cash flow $188M (LTM $492M) and on track for $500–$570M FY FCF; the company repaid $678M of convertibles, repurchased $54M of stock and reduced leverage to 1.9x. Bentley says it will not use customer data in Bentley Infrastructure Cloud to train AI models without explicit customer consent, positioning transparency and data stewardship (including use of synthetic or contributor data) as a competitive trust advantage. Bentley Systems (NASDAQ:BSY) opened 2026 with what executives characterized as a strong first quarter, as recurring revenue growth and cash generation remained in line with the company’s full-year outlook. Management also spent considerable time outlining how it expects artificial intelligence to reshape infrastructure engineering workflows, including new product instrumentation aimed at enabling “agentic” use of Bentley’s engineering applications through APIs. Executive Chair Greg Bentley said Bentley views AI as “more a seminal opportunity than a terminal threat,” arguing that the company’s incumbency with engineering organizations and the breadth of infrastructure data stewarded in Bentley Infrastructure Cloud, ProjectWise, SYNCHRO, and AssetWise positions it well to benefit. He also pointed to Bentley’s modeling and simulation tools as “de facto standards for responsible and deterministic infrastructure engineering,” which he said should be valuable as AI is applied to design and optimization. → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? Greg Bentley highlighted Bentley’s Asset Analytics initiative, describing it as “spawned by AI” and “already exceeding $50 million in annual revenue run rate,” and said it is being commercialized through subscriptions “denominated in consumption per asset.” He also emphasized the company’s concentration in large enterprise customers, noting that 45% o...

Cognex Corporation (CGNX) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +34.92%. A quarter ago, it was expected that this company would post earnings of $0.22 per share when it actually produced earnings of $0.27, delivering a surprise of +22.73%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Cognex, which belongs to the Zacks Electronics - Testing Equipment industry, posted revenues of $268.44 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 9.84%. This compares to year-ago revenues of $216.04 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Cognex shares have added about 63.5% since the beginning of the year versus the S&P 500's gain of 6%. While Cognex has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Cognex was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stock...

Bentley Systems (BSY) reported Q1 adjusted earnings Thursday of $0.38 per diluted share, up from $0.

Bentley Systems, Incorporated (BSY) came out with quarterly earnings of $0.38 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +1.06%. A quarter ago, it was expected that this company would post earnings of $0.27 per share when it actually produced earnings of $0.27, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Bentley Systems, which belongs to the Zacks Internet - Software industry, posted revenues of $424.18 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.39%. This compares to year-ago revenues of $370.54 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Bentley Systems shares have lost about 16% since the beginning of the year versus the S&P 500's gain of 7.6%. While Bentley Systems has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Bentley Systems was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Stron...

EXTON, Pa., May 07, 2026--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for the quarter ended March 31, 2026. First Quarter 2026 Results Total revenues were $424.2 million, up 14.5% or 11.9% on a constant currency basis, year-over-year; Subscriptions revenues were $392.5 million, up 14.7% or 12.2% on a constant currency basis, year-over-year; Annualized Recurring Revenues ("ARR") were $1,494.5 million as of March 31, 2026, compared to $1,319.3 million as of March 31, 2025; Constant currency ARR growth rate was 11.5%; Last twelve-month recurring revenues dollar-based net retention rate was 109%, compared to 110% for the same period last year; Operating income margin was 29.8%, compared to 31.1% for the same period last year; Adjusted operating income less operating stock-based compensation expense ("AOI less Operating SBC") margin was 33.2%, compared to 34.6% for the same period last year; Net income per diluted share was $0.30, compared to $0.28 for the same period last year; Adjusted net income per diluted share ("Adjusted EPS") was $0.38, compared to $0.35 for the same period last year; Cash flows from operating activities were $193.4 million, compared to $219.4 million for the same period last year; and Free cash flow was $187.9 million, compared to $216.4 million for the same period last year. Executive Chair Greg Bentley said, "Along with distinctively consistent and commendable performance as in 2026’s first quarter, BSY characteristically prioritizes the enhancement of future value. I am continually amazed by the pace and potential of our AI advancements, especially behind-the-scenes, across every front. Our most committed contingent of accounts are the world’s top design firms. BSY’s multi-faceted AI initiatives are shaped to enable each such firm to competitively accelerate, for its own economic advantage, an individualized AI strategy to leverage its proprietary investments in engineering knowledge and data." CEO Nicholas Cumins said, "We are pleased to report a strong start to 2026, reflecting both solid market fundamentals and strong execution by our team. The quarter was highlighted by the performance of our Resources business, which continues to be our fastest-growing sector, and by the steady demand from Public Works / Utilities. This gives us a solid foun...