Stocks · Technology · Software - Application
Bentley Systems, Incorporated BSY
$32.23 -1.59% Close, Oct 2, 2026 · NASDAQ · Market cap $9.42B
High qualityWeak trendLow risk
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 35.8× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- Over the past year the stock returned -38.4%, behind the S&P 500 by 53.5 percentage points.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth53Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 48%
- EPS growth (TTM, YoY)Top 49%
- FCF growth (TTM, YoY)Bottom 45%
- Revenue growth, 3-year CAGRTop 39%
- Revenue growth accelerationTop 49%
Quality83Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 22%
- Gross marginTop 7%
- Operating marginTop 13%
- Cash conversion (OCF / net income)Top 46%
- Accruals (lower is better)Bottom 50%
- Net debt / EBITDA (lower is better)Bottom 27%
- Interest coverTop 31%
Value74Positive
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 30%
- Free-cash-flow yieldTop 34%
- EBITDA / enterprise valueTop 37%
- Sales / enterprise valueBottom 34%
- P/E vs own 5-year history (lower is better)Top 5%
Momentum17Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 19%
- 6-month returnBottom 21%
- 1-year return vs S&P 500Bottom 18%
- Distance from 52-week highBottom 30%
- Trend checklist (0–4)Bottom 26%
Revisions34Weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 37%
- Consecutive EPS beatsTop 48%
- Share of analysts rating BuyBottom 39%
- Upside to consensus price targetBottom 48%
Stability80Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 21%
- Maximum drawdown, 3 yearsTop 30%
- Beta vs S&P 500 (lower is better)Top 7%
- Net debt / EBITDA (lower is better)Bottom 27%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 12.2% | 12.8% | ↑ |
| EPS growth (YoY) | 10.1% | 13.9% | ↑ |
| Gross margin | 81.2% | 81.8% | ↑ |
| Operating margin | 23.2% | 23.6% | ↑ |
| FCF margin | 30.6% | 31.1% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 12.8% | 12.2% | ↑ | Top 48% |
| EPS growth (TTM, YoY) | 13.9% | 10.1% | ↑ | Top 49% |
| Gross margin | 81.8% | 81.2% | ↑ | Top 7% |
| Operating margin | 23.6% | 23.2% | ↑ | Top 13% |
| Net margin | 18.1% | 17.9% | ↑ | — |
| Free-cash-flow margin | 31.1% | 30.6% | ↑ | — |
| Return on invested capital | 11.2% | — | Top 22% | |
| Revenue growth, 3-year CAGR | 11.0% | — | Top 39% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.80×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -6.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 4.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +13.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.23×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 9.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.90%
- Net buyback yield (TTM)
- 2.14%
- Shareholder yield
- 3.04%
- Share count change, 1 year
- -4.2%
- Share count change, 3-year CAGR
- -1.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +5.0%
- Average 2-day reaction, last 8
- +2.3%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $40.00
- Target vs current price
- +24.1%
- Analysts with a rating
- 12
- Share rating Buy or Strong Buy
- 58%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +10.7% | -1.9% | -0.9% | -2.6% | — |
| May 7, 2026 | +7.0% | +4.8% | -2.6% | +3.1% | +11.9% |
| Feb 26, 2026 | +3.9% | +14.0% | +19.7% | +8.0% | +2.6% |
| Nov 5, 2025 | -1.7% | -1.0% | -8.1% | -12.9% | -30.1% |
| Aug 6, 2025 | +12.3% | -3.2% | -8.2% | -6.4% | -11.5% |
| May 7, 2025 | +15.5% | +5.6% | +10.0% | +10.9% | +30.5% |
| Feb 26, 2025 | -4.5% | -2.3% | -7.6% | -8.3% | +3.6% |
| Nov 7, 2024 | +0.0% | +2.3% | -3.0% | -0.8% | -5.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.35 | $0.32 | +10.7% | $410.7M |
| May 7, 2026 | $0.38 | $0.36 | +7.0% | $424.2M |
| Feb 26, 2026 | $0.27 | $0.26 | +3.9% | $391.6M |
| Nov 5, 2025 | $0.27 | $0.27 | -1.7% | $375.5M |
| Aug 6, 2025 | $0.32 | $0.28 | +12.3% | $364.1M |
| May 7, 2025 | $0.35 | $0.30 | +15.5% | $370.5M |
| Feb 26, 2025 | $0.21 | $0.22 | -4.5% | $349.8M |
| Nov 7, 2024 | $0.24 | $0.24 | +0.0% | $335.2M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 35.8× | 61.6× | 0th | Top 30% |
| P/E (forward) | 23.0× | — | — | — |
| EV / EBITDA | 21.0× | — | — | Top 37% |
| EV / Sales | 6.58× | — | — | Bottom 34% |
| Free-cash-flow yield | 5.29% | — | — | Top 34% |
| Earnings yield | 2.79% | — | — | Top 30% |
P/E over the past five years
Range 38.6× – 182.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -38.4%
- Earnings per share growth (TTM)
- +13.9%
- Change in P/E multiple
- -43.8%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +0.8%
- 200-day average slope (20 days)
- -2.7%
- Distance from 50-day average
- -6.0%
- Distance from 200-day average
- -6.7%
- RSI (14)
- 46.7
- Relative volume
- 0.57×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 41.8%
- Volatility vs own 5-year history
- 75th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.62
- Correlation with S&P 500
- 0.29
- Current drawdown from 1-year high
- -43.2%
- Maximum drawdown, 3 years
- -51.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Sep 15, 2021 | May 11, 2022 | -61.1% | 165 days | Not yet recovered |
| Jan 12, 2021 | Jan 29, 2021 | -26.3% | 12 days | 79 days (May 24, 2021) |
| Oct 16, 2020 | Nov 12, 2020 | -19.4% | 19 days | 33 days (Dec 31, 2020) |
| Sep 25, 2020 | Oct 5, 2020 | -14.0% | 6 days | 7 days (Oct 14, 2020) |
| Jun 21, 2021 | Jul 19, 2021 | -11.5% | 19 days | 34 days (Sep 3, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $9.42B
- P/E (TTM)
- 35.8
- EPS, diluted (TTM)
- $0.90
- Revenue (TTM)
- $1.60B
- Dividend yield
- 0.87%
- 52-week range
- $28.08 – $57.25
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $965.0M | $1.10B | $1.23B | $1.35B | $1.50B |
| Gross profit | $748.5M | $862.1M | $910.2M | $1.10B | $1.22B |
| Operating income | $94.6M | $208.6M | $230.5M | $302.1M | $362.6M |
| Net income | $93.2M | $174.8M | $326.8M | $234.8M | $277.9M |
| EPS (diluted) | $0.30 | $0.53 | $1.00 | $0.72 | $0.85 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $335.2M | $349.8M | $370.5M | $364.1M | $375.5M | $391.6M | $424.2M | $410.7M |
| Net income | $42.3M | $50.1M | $91.4M | $70.5M | $57.4M | $58.6M | $95.4M | $78.6M |
| EPS (diluted) | $0.13 | $0.16 | $0.28 | $0.22 | $0.17 | $0.18 | $0.30 | $0.25 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $288.0M | $274.3M | $416.7M | $435.3M | $538.5M |
| Capital expenditure | -$17.5M | -$18.5M | -$25.0M | -$14.0M | -$18.3M |
| Free cash flow | $270.5M | $255.8M | $391.7M | $421.2M | $520.2M |
| Dividends paid | -$33.4M | -$34.5M | -$58.8M | -$72.1M | -$85.0M |
| Net share buybacks | -$111.1M | -$71.8M | -$58.9M | -$76.9M | -$145.7M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $147.0M
- Total assets
- $3.58B
- Total liabilities
- $2.38B
- Total debt
- $1.27B
- Net debt
- $1.12B
- Shareholders’ equity
- $1.20B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 22, 2026 | $0.07 | Sep 29, 2026 |
| Jun 2, 2026 | $0.07 | Jun 11, 2026 |
| Mar 10, 2026 | $0.07 | Mar 19, 2026 |
| Dec 4, 2025 | $0.07 | Dec 11, 2025 |
| Sep 23, 2025 | $0.07 | Sep 30, 2025 |
| Jun 3, 2025 | $0.07 | Jun 12, 2025 |
| Mar 19, 2025 | $0.07 | Mar 27, 2025 |
| Dec 3, 2024 | $0.06 | Dec 12, 2024 |
Short interest
- Shares sold short
- 17,832,774
- Days to cover
- 8.03
- Change vs previous report
- +5.8%
FINRA short interest, settlement date Sep 15, 2026.