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Bentley Systems Announces First Quarter 2025 Results

Bentley Systems Announces First Quarter 2025 Results Press Release May 7, 2025 EXTON, Pa.- Bentley Systems, Incorporated (Nasdaq: BSY),the infrastructure engineering software company, today announced results for the quarter ended March 31, 2025. First Quarter 2025 Results Total revenues were $370.5 million, up 9.7% or 10.9% on a constant currency basis, year-over-year; Subscriptions revenues were $342.3 million, up 11.5% or 12.7% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) were $1,319.3 million as of March 31, 2025, compared to $1,186.5 million as of March 31, 2024, representing a constant currency ARR growth rate of 12%; Last twelve-month recurring revenues dollar-based net retention rate was 110%, compared to 108% for the same period last year; Operating income margin was 31.1%, compared to 27.2% for the same period last year; Adjusted operating income less stock-based compensation expense (“AOI less SBC”) (previously titled Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”)) margin was 34.1%, compared to 33.3% for the same period last year; Net income per diluted share was $0.28, compared to $0.22 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.35, compared to $0.31 for the same period last year; Cash

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Bentley for Government Software Now Listed on FedRAMP Marketplace

Bentley for Government Software Now Listed on FedRAMP Marketplace OpenGround achieves FedRAMP In Process status, ProjectWise to follow Press Release April 14, 2025 EXTON, Pa., April 14, 2025 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that OpenGround, its geotechnical information management and reporting software, achieved Federal Risk and Authorization Management Program (FedRAMP®) In Process status and is now listed on the FedRAMP Marketplace under Bentley for Government. FedRAMP accelerates and supports the adoption and use of secure cloud-based services by the federal government. Through rigorous standards and controls testing, it ensures solutions from cloud service providers are resilient to cyber threats and effective in mitigating against cyber vulnerabilities. OpenGround is Bentley’s first software product to go through the FedRAMP process. ProjectWise, part of Bentley Infrastructure Cloud focused on supporting infrastructure project delivery, will follow shortly thereafter. These Bentley for Government offerings are categorized under FedRAMP’s moderate impact level for controlled, unclassified federal information systems and data. U.S. Army Corps of Engineers (USACE), a key user of OpenGround and the largest federal user of ProjectWise, is serving as the federal sponsor for Bentley. “Bentley is committed to ensuring infrastructure engineers working for U.S. federal agencies

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Bentley Systems to Announce First Quarter 2025 Results on May 7, 2025

Bentley Systems to Announce First Quarter 2025 Results on May 7, 2025 Press Release April 9, 2025 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its first quarter 2025 results before the market opens on Wednesday, May 7, 2025. Senior management will host a webcast to discuss the company’s results at 8:15 a.m. ET. The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com Webcast and Registration Information When: Wednesday, May 7, 2025, 8:15 a.m. ETWebcast: Registration link Replay: Available later that day via https://investors.bentley.com About Bentley Systems Around 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. For more

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Bentley Systems Partners with Google to Improve Infrastructure Through Asset Analytics

Bentley Systems Partners with Google to Improve Infrastructure Through Asset Analytics Bentley will leverage high-quality Google imagery and AI for faster, more efficient roadway inspections and damage assessment Press Release An example of how Bentley’s Blyncsy technology can be used with Google Street View imagery to detect roadway issues and assets, from potholes and crosswalk paint condition to street signs and traffic lights. (Photo: Bentley Systems) April 9, 2025 LAS VEGAS, April 9, 2025 – (Google Cloud Next 2025) – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced new asset analytics capabilities that leverage Imagery Insights from Google Maps Platform to rapidly detect and analyze roadway conditions. Unveiled at Google Cloud Next 2025, the new capabilities in Bentley’s Blyncsy product offering, which applies AI to crowdsourced imagery for automated roadway asset detection and inspection, will help infrastructure professionals improve roadway maintenance and support disaster recovery. Bentley and Google announced a strategic partnership in October 2024 to integrate Google’s high-quality geospatial content with Bentley’s infrastructure engineering software to improve the way infrastructure is designed, built, and operated. The unique Imagery Insights combination of Google Street View, Vertex AI, and Blyncsy will enhance the ability of departments of

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Introducing Seequent Evo: Redefining Geoscience Collaboration and Data Management for Faster and Smarter Decision-Making

Introducing Seequent Evo: Redefining Geoscience Collaboration and Data Management for Faster and Smarter Decision-Making Press Release Drillholes with corresponding gold assays and interpretation grade shells shown in Seequent Evo 3D viewer (courtesy Seequent). March 3, 2025 Toronto, Canada, Monday, 3 March 2025 – Seequent, The Bentley Subsurface Company, today introduced Seequent Evo, a powerful cloud-based platform designed to help Seequent users, and the broader geoscience community, collaborate and manage data centrally for faster, smarter decision-making. Seequent Evo provides a strong foundation for integrated workflows, bringing together geoscience data from both Seequent and third-party applications into a single, accessible source. By centralising data—regardless of its origin or application—Evo ensures users can effortlessly share data with colleagues, draw valuable insights from past projects, and work with the most up-to-date information. With cross-platform connectivity, Evo will unlock the full potential of geoscience data—empowering companies to draw unparalleled insights, improving efficiency, and saving time and resources. Evo’s geospatial search incorporates the capabilities of Cesium, also part of Seequent’s parent company, Bentley Systems. Alongside Evo, Seequent also announced two new Evo applications, Driver and BlockSync. The launch of Evo comes at a critical time for industries reliant on geoscience data, particularly mining. To service pressing

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Bentley Systems Announces Fourth Quarter and Full Year 2024 Results and 2025 Financial Outlook

Bentley Systems Announces Fourth Quarter and Full Year 2024 Results and 2025 Financial Outlook Increases Quarterly Dividend Press Release February 26, 2025 EXTON, Pa.- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for the quarter ended December 31, 2024 and its financial outlook for 2025. Fourth Quarter 2024 Results Total revenues were $349.8 million, up 12.6% or 13.2% on a constant currency basis, year-over-year; Subscriptions revenues were $315.6 million, up 15.8% or 16.4% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) were $1,283.3 million as of December 31, 2024, compared to $1,174.8 million as of December 31, 2023, representing a constant currency ARR growth rate of 12%; Last twelve-month recurring revenues dollar-based net retention rate was 110%, compared to 109% for the same period last year; Operating income margin was 17.6%, compared to 12.2% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 21.5%, compared to 24.0% for the same period last year; Net income per diluted share was $0.16, compared to $0.54 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.21, compared to $0.20 for the same period last year; and Cash flows

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Bentley Systems Issues Call for Nominations for the 2025 Going Digital Awards

Bentley Systems Issues Call for Nominations for the 2025 Going Digital Awards Winners to be Announced at the 2025 Year in Infrastructure Conference, Taking Place in Amsterdam on October 14-15 Press Release Winners of the 2024 Going Digital Awards celebrate their accomplishments. Nominations are now open for the 2025 awards. Image courtesy of Bentley Systems. February 17, 2025 EXTON, Pa. – February 17, 2025 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced nominations are now open for the 2025 Going Digital Awards. This renowned global program recognizes the very best digital advancements in infrastructure delivery and performance. Independent jurors—consisting of thought leaders and experts in their field—select the winners from among the world’s most extraordinary infrastructure projects. The deadline for nominations is March 31, 2025. Celebrating over 20 years, the awards program has recognized more than 5,250 of the world’s most outstanding infrastructure projects. This global program is open to all Bentley software users and nominations are encouraged across a range of categories, encompassing all forms of infrastructure projects and stages—from design and construction to operations. Three finalists will be chosen within each of the 12 award categories. Finalists will attend Bentley’s Year in Infrastructure conference and

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Bentley Systems to Announce Fourth Quarter and Full Year 2024 Results and 2025 Financial Outlook on February 26, 2025

Bentley Systems to Announce Fourth Quarter and Full Year 2024 Results and 2025 Financial Outlook on February 26, 2025 Press Release January 29, 2025 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its fourth quarter and full year 2024 results before the market opens on Wednesday, February 26, 2025. Senior management will host a webcast to discuss the company’s results at 8:15 a.m. ET. The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com Webcast and Registration Information When: Wednesday, February 26, 2025, 8:15 a.m. ETWebcast: Registration link Replay: Available later that day via https://investors.bentley.com About Bentley Systems Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include

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Bentley Systems Welcomes James Lee as Chief Operating Officer

Bentley Systems Welcomes James Lee as Chief Operating Officer Also Consolidating Product Development and Technology Strategy Under Chief Technology Officer Julien Moutte Press Release James Lee joins Bentley Systems as Chief Operating Officer. (Image of James Lee, 2023, courtesy of Bentley Systems) January 12, 2025 EXTON, Pa., January 13, 2025 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the appointment of James Lee as Chief Operating Officer. Lee joins Bentley from Google, where he served as General Manager for startups and artificial intelligence at Google Cloud. Prior to joining Google in 2020, Lee spent 12 years at SAP, including as Chief Operating Officer for SAP Ariba and Fieldglass, and as Chief Operating Officer and General Manager of Sales for SAP Greater China. He holds a Master of Business Administration degree from Harvard University and a Bachelor of Commerce degree from the University of British Columbia, and is based in the Pacific Northwest. Lee will strengthen Bentley’s cross-functional alignment across planning and execution, will drive operational excellence, and will oversee China, Japan, and portfolio development including growth initiatives such as Bentley Asset Analytics. Nicholas Cumins said, “I am excited to welcome James, a world-class operational leader,

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Bentley Systems, Incorporated Declares Fourth Quarter 2024 Dividend

Bentley Systems, Incorporated Declares Fourth Quarter 2024 Dividend Press Release November 22, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.06 per share dividend for the fourth quarter of 2024. The cash dividend is payable on December 12, 2024, to all stockholders of record of Class A and Class B common stock as of the close of business on December 3, 2024. About Bentley Systems Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,200 colleagues generate annual revenues of more than

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Seequent and the International Geothermal Association Partner to Unlock Geothermal Energy’s Potential for a Sustainable Future

Seequent and the International Geothermal Association Partner to Unlock Geothermal Energy’s Potential for a Sustainable Future Geothermal has been overlooked as a key renewable energy source, says IGA and Seequent Press Release November 21, 2024 AUCKLAND, NEW ZEALAND, 21 November 2024 – Seequent, The Bentley Subsurface Company, today announced a strategic partnership with the International Geothermal Association (IGA) to boost geothermal energy’s role as a sustainable and reliable renewable energy source. Geothermal draws energy from hot fluids travelling through the Earth’s subsurface. These fluids are utilised to drive turbines producing electricity, directly to heat homes or in industrial processes. Traditionally, geothermal energy has been viewed as energy restricted to environments where it is visible – however new technological breakthroughs and the realities of needing 24/7 access to energy are changing the investment landscape. The International Geothermal Association is the leading global platform on geothermal energy. Marit Brommer, Chief Executive Officer, IGA, said: “Geothermal energy has been overlooked as a reliable and sustainable energy source. It is uniquely positioned to provide this, and partnerships like this are essential to accelerating its growth. We are excited to partner with Seequent, whose technological innovations in subsurface modelling bring clarity to geothermal development, empowering

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Bentley Systems Announces Third Quarter 2024 Results

Bentley Systems Announces Third Quarter 2024 Results Press Release November 7, 2024 EXTON, Pa.- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for the quarter ended September 30, 2024. Third Quarter 2024 Results Total revenues were $335.2 million, up 9.3% or 9.1% on a constant currency basis, year-over-year; Subscriptions revenues were $303.2 million, up 12.0% or 11.8% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,270.7 million as of September 30, 2024, compared to $1,124.8 million as of September 30, 2023, representing a constant currency ARR growth rate of 12%; 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 20.5%, compared to 24.0% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 26.7%, compared to 28.2% for the same period last year; Net income per diluted share was $0.13, compared to $0.16 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.24, compared to $0.22 for the same period last year; and Cash flows from operations was $86.1 million, compared to $72.8 million

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Blyncsy Achieves Sustainability Partner Designation in the Google Cloud Partner Advantage Program

Blyncsy Achieves Sustainability Partner Designation in the Google Cloud Partner Advantage Program Google Cloud Recognizes Blyncsy as Part of Google Cloud Ready – Sustainability Program Press Release November 4, 2024 SALT LAKE CITY, UT — Blyncsy, a Bentley Systems, Incorporated (Nasdaq: BSY) company, today announced that it has achieved the Google Cloud Ready – Sustainability designation in the Google Cloud Partner Advantage Program. By earning the Sustainability designation, Blyncsy has proven its success in building and producing solutions and tools on Google Cloud to help customers achieve their sustainability and Environmental, Social, Governance (ESG) goals. The designation was awarded based on Blyncsy’s AI-powered road maintenance and asset inventory technology, which is used by state Department of Transportation (DOT) agencies across the United States to conduct automated roadway inspections using crowdsourced dash camera imagery combined with AI analytics. Insights provided by Blyncsy’s technology can supplant the need for state DOT operations and maintenance departments to conduct manual inspections of roadway conditions, which can help remove tens of thousands of pounds of carbon emissions from the air annually for each vehicle removed from these costly activities. The new solutions of the Google Cloud Ready – Sustainability partner program will help customers achieve

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Bentley Systems Announces Winners of its 2024 Partner Excellence Awards

Bentley Systems Announces Winners of its 2024 Partner Excellence Awards Press Release October 29, 2024 Exton, PA — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of its 2024 Partner Excellence Awards. These annual awards recognize Bentley partners for their excellence in business efficiency, user experience, and overall performance through innovation in business, technology, and software sales and development. This year’s winners were selected from among 20 finalist organizations from 17 countries in seven categories. The awards event was held during Bentley’s 2024 Partner Summit, October 22 – 24, in Nice, France. “This year, we had an exciting array of Partner Excellence Award submissions, highlighting innovation and exceptional business acumen,” said Tom Kurke, vice president, Ecosystem & Ventures at Bentley Systems. “We honor the achievements of the winners as they demonstrated remarkable expertise in optimizing operational performance, enhancing user engagement, and driving forward-thinking strategies in sales and technology development. Their contributions reflect a deep commitment to driving impactful results and fostering innovation to advance the world’s most critical infrastructure.” 2024 Bentley Partner Excellence Award Winners: BUSINESS TRANSFORMATION CitiME Consultancy L.L.C. Recognition: Integrating Micromobility Modelling in Abu Dhabi’s Transport Model Location: United Arab Emirates, Middle

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Blyncsy Publishes Map of U.S. Interstate Highways Showing Roadway Assets to Enhance Safety, Maintenance, and Accelerate the Digital Infrastructure Movement Nationally

Blyncsy Publishes Map of U.S. Interstate Highways Showing Roadway Assets to Enhance Safety, Maintenance, and Accelerate the Digital Infrastructure Movement Nationally Blyncsy empowers state DOTs with the ability to monitor and compare—in near real-time—the status of any major highway in the continental U.S. with their existing data for more informed decision-making Press Release Using AI image analysis, Blyncsy’s comprehensive public map of U.S. interstate highways can identify key roadway assets such as speed limit signs and traffic cones. (Photo: Blyncsy) October 29, 2024 Philadelphia — 2024 AASHTO Annual Meeting & Expo — Blyncsy, a Bentley Systems, Incorporated (Nasdaq: BSY) company, today announced it published a comprehensive public map of all interstate highways in the continental United States showing key roadway assets such as guardrails, speed limit signs, and work zones to support roadway safety and maintenance conditions. This data is now available to all state U.S. Department of Transportation (DOT) agencies, enabling them to better address safety, maintenance, and repair operations of deteriorating and at-risk roads more efficiently and cost-effectively, especially during times of natural disasters. The new Blyncsy interstate highway map uses crowdsourced dash camera imagery from over 1 million vehicles in use today which, when coupled with Blyncsy’s powerful

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Bentley Systems to Announce Third Quarter 2024 Results on November 7, 2024

Bentley Systems to Announce Third Quarter 2024 Results on November 7, 2024 Press Release October 16, 2024 EXTON, Pa.–(BUSINESS WIRE) Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its third quarter 2024 results before the market opens on Thursday, November 7, 2024. Senior management will host a webcast to discuss the company’s results at 8:15 a.m. ET. The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com Webcast and Registration Information When: Thursday, November 7, 2024, 8:15 a.m. ETWebcast: Registration link Replay: Available later that day via https://investors.bentley.com About Bentley Systems Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for

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Software destacado

MicroStation

MicroStation Software Logo White

MicroStation

Modele, documente, acceda y vea información de diseño arquitectónico, ingeniería, cartografía, construcción y operaciones con la potencia y flexibilidad que necesita para proyectos de cualquier tamaño.

ProjectWise

Logo blanco del software ProjectWise

ProjectWise

Aproveche la ejecución del diseño digital, la inteligencia de portafolio, la gobernanza de datos y las capacidades mejoradas de trabajo en curso de ingeniería para aumentar el rendimiento y la productividad de los proyectos mediante ProjectWise, con tecnología de iTwin.

SYNCHRO 4D

SYNCHRO Software Logo White

SYNCHRO 4D

Gestione sus proyectos de manera eficiente con construcción, planeación y ciclos de trabajo virtuales basados en modelos, del campo a la oficina.

OpenFlows WaterGEMS

OpenFlows Software Logo White

OpenFlows WaterGEMS

Software integral de asistencia para la toma de decisiones de modo que diseñe, planee y opere sus sistemas de distribución de agua.

Gemelos digitales

iTwin Software Logo White

Gemelos digitales

¡Eche un vistazo a qué son los gemelos digitales, cómo lo benefician y cómo funcionan!

OpenRoads Designer

Logo blanco del software OpenRoads

OpenRoads Designer

Diseño y documentación detallados e integrales para proyectos de carreteras que incluyen topografía, drenaje, servicios públicos subterráneos y visualización en aplicación.

STAAD

Logo blanco de software STAAD

STAAD

Analice y diseñe cualquier estructura, simple o compleja, y comparta el modelo sincronizado con confianza para la colaboración multidisciplinaria en equipo.

PLAXIS 3D

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PLAXIS 3D

Realice poderosos análisis de elementos finitos 3D de deformación y estabilidad para proyectos de alto perfil en suelo y roca.

20 % de descuento en software de Bentley

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