Bentley Systems Q3 revenue beats estimates

Bentley Systems

05/11/2025 12:13

Overview

Bentley Q3 2025 revenue grows 12% yr/yr, beating analyst expectations

Adjusted EPS for Q3 meets analyst expectations at $0.27

Company highlights Infrastructure AI developments as key growth driver

Outlook

Company did not provide specific financial guidance for future quarters

Result Drivers

SUBSCRIPTION REVENUE - Subscriptions grew 13.5% yr/yr, driving overall revenue growth, with 92% of total revenues from subscriptions

INFRASTRUCTURE AI - Co highlights AI developments as key growth driver, enhancing software value and consumption

STRONG MARGINS - Operating income margin improved to 22.5% from 20.5% last year, reflecting strong execution

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$375.54 mln
$369.40 mln (13 Analysts)
Q3 Adjusted EPS
Meet
$0.27
$0.27 (13 Analysts)
Q3 EPS
$0.18
Q3 Net Income
$57.28 mln
Q3 EBIT
$84.49 mln
Q3 Gross Profit
$303.35 mln
Q3 Pretax Profit
$83.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Bentley Systems Inc is $61.00, about 19.8% above its November 4 closing price of $48.95

The stock recently traded at 37 times the next 12-month earnings vs. a P/E of 46 three months ago

Press Release: ID:nBw2D3rYna

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)