Bentley Systems Q3 revenue beats estimates

Reuters
11/05
Bentley Systems Q3 revenue beats estimates

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)

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