BSY Bentley Systems (BSY) Q4 FY25 earnings call
Bentley Systems concluded Q4 FY25 with robust financial results, emphasizing its strong business fundamentals and strategic positioning for AI. The company views AI as an unprecedented opportunity, particularly in asset analytics and optimizing infrastructure engineering workflows, rather than a risk. Management highlighted its commitment to data stewardship and a phased monetization approach for AI, focusing on adoption in design while driving revenue growth in asset analytics. The outlook for FY26 reflects continued confidence in durable ARR growth and annual margin expansion.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
BSY operating KPIs by quarter
| KPI | This call Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Net revenue retention rate | 109%Net revenue retention was stable at 109%.Source: earnings call transcript | 109%Our net revenue retention rate remained strong at 109%, consistent with previous quarters and highlighting the stability and growth within our existing accounts.Source: earnings call transcript | 109%Our last 12 months constant currency account retention rate remained consistent at 99%, and our constant currency net revenue retention rate remained at 109%, consistent with recent quarters.Source: earnings call transcript | 0 pt |
| Annual recurring revenue (ARR) | $1.462BWe ended Q4 with ARR of $1.462 billion at quarter end spot rates.Source: earnings call transcript | $1.495BWe ended the first quarter with ARR of $1.495 billion at quarter end spot rates.Source: earnings call transcript | $1.536BWe ended the second quarter with ARR of $1.536 billion at quarter end spot rates.Source: earnings call transcript | +2.7% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.