Bentley Systems BSY
Vertical SaaS Enterprise Software B2B SaaS Application Software

Bentley Systems trades at 6.9x EV/NTM revenue on a $12.34B enterprise value. Revenue grew 12.8% year over year to $410.7M in the quarter ending June 2026, an annual run rate of $1.64B. Bentley Systems reports net dollar retention of 109% and a 82.0% gross margin.

ARR ($M)
1535.988
Net Dollar Retention
109%
ARR Growth
11.4%
EV / NTM Revenue
6.9x
Payback Period
EV / Run Rate
7.5x
Price & Key Metrics
Price Performance
Company Details
Share Price: 37.3
Last Filing Date: 2026-06-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 1984
IPO Year: 2020
% of 52 wk High: 66%
Description
Bentley is the global provider of software for infrastructure engineering, enabling the work of civil, structural, geoprofessional, and plant engineering practitioners, their project delivery enterprises, and owner‑operators of infrastructure assets
Categories
Vertical SaaS Enterprise Software B2B SaaS Application Software
Valuation
Market Cap: 11,268.065
Enterprise Value: 12,338.264
EV / Revenue Run Rate: 7.5x
EV / NTM Revenue: 6.9x
EV / 2026 Revenue Estimates: 7.3x
EV / 2027 Revenue Estimates: 6.6x
EV / 2028 Revenue Estimates: 5.9x
Key Business Metrics
Net Dollar Retention: 109%
Customers: --
ARR: 1,535.988
ARR Growth %: 11%
ARR/Customer ($K): --
ARR/Employee ($K): 264
Revenue
Revenue Run Rate: 1,642
ARR: 1,535.988
2026 Revenue Estimates: 1,695
2027 Revenue Estimates: 1,870
2028 Revenue Estimates: 2,086
LTM Revenue: 1,602
Last Year Run Rate: 1,456
Growth
Revenue Growth: 13%
ARR Growth: 11%
Growth Persistence: 125%
2026 Revenue Growth Estimates: 14%
2027 Revenue Growth Estimates: 10%
2028 Revenue Growth Estimates: 12%
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Bentley Systems growing?

Bentley Systems grew revenue 12.8% year over year, reaching $410.7M in the quarter ending June 2026.

What multiple does Bentley Systems trade at?

Bentley Systems trades at 6.9x EV/NTM revenue and 7.5x EV/run-rate, on an enterprise value of $12.34B.

Is Bentley Systems profitable?

For Bentley Systems, operating income was $88.6M last quarter and LTM free cash flow margin is 31.1%.

What is Bentley Systems's net dollar retention?

Bentley Systems reports net dollar retention of 109%, measuring revenue expansion within its existing customer base.

What sector is Bentley Systems in?

Public Comps classifies Bentley Systems under Vertical SaaS, Enterprise Software, B2B SaaS, and Application Software.

Where does Public Comps get Bentley Systems's data?

Figures come from Bentley Systems's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.