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Compared to Estimates, Bentley Systems (BSY) Q2 Earnings: A Look at Key Metrics

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For the quarter ended June 2026, Bentley Systems, Incorporated (BSY - Free Report) reported revenue of $410.73 million, up 12.8% over the same period last year. EPS came in at $0.35, compared to $0.32 in the year-ago quarter.

The reported revenue represents a surprise of -0.5% over the Zacks Consensus Estimate of $412.8 million. With the consensus EPS estimate being $0.32, the EPS surprise was +9.38%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Bentley Systems performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total Revenue - YoY growth: 12.8% versus 13.4% estimated by five analysts on average.
  • Annualized Recurring Revenues (ARR): $1.54 billion versus the three-analyst average estimate of $1.55 billion.
  • Revenue - Subscriptions - YoY growth: 14.1% compared to the 13.9% average estimate based on three analysts.
  • Revenues- Subscriptions and licenses: $388.34 million compared to the $389.65 million average estimate based on four analysts. The reported number represents a change of +13% year over year.
  • Revenues- Services: $22.39 million versus $24.08 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +9.4% change.
  • Revenues- Subscriptions: $378.64 million versus the three-analyst average estimate of $379.07 million. The reported number represents a year-over-year change of +13.6%.
  • Revenues- Perpetual licenses: $9.71 million versus $10.63 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -4.8% change.

View all Key Company Metrics for Bentley Systems here>>>

Shares of Bentley Systems have returned +13.9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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