The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

BSY

Concerning the House

Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling applications, such as MicroStation, OpenBridge, OpenBuildings, OpenFlows, OpenPlant, OpenRail, OpenRoads, OpenSite and OpenSite+, OpenTower, OpenTunnel, and OpenUtilities; and open simulation applications, including ADINA, AutoPIPE, LEGION, OpenPaths, Power Line Systems, RAM, SACS, SPIDA, and STAAD; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including AGS, Central, GeoStudio, Imago, Leapfrog, MX Deposit, Oasis montaj, OpenGround, and PLAXIS. It also provides infrastructure cloud applications, such as ProjectWise, SYNCHRO, and AssetWise, as well as Cesium and iTwin platform that enables users to create and curate cloud native digital representations of physical infrastructure assets consisting of iTwin Capture, iTwin Engage, iTwin Experience, and iTwin IoT platforms. The company serves civil, structural, geotechnical, subsurface, process engineers, architects, geospatial professionals, city and regional planners, contractors, fabricators, and operations and maintenance engineers. Bentley Systems, Incorporated was incorporated in 1984 and is headquartered in Exton, Pennsylvania.

United States · www.bentley.com

The Long Run

FY 2020–2025 · 6 years

LineLatestCAGRTrend
Revenue$1.35B+43.5%
Gross profit$1.22B+50.7%
Operating income$230.54M+32.9%
Net income$326.79M+41.8%
Cash from ops$435.29M+43.1%
Quotation

$36.56

+0.83 (+2.3%)

52w hi$56.49
52w lo$28.42
Vol3.09M
As ofAug 13
The Verdict

Hold

Our score +0.04

Short+0.04
Medium+0.03
Long+0.06

computed 2026-08-13

By the Numbers

Bentley Systems, Incorporated

Technology · Software - Application

Market cap$11.04B
Enterprise value$12.21B
Trailing P/E40.62x
Forward P/E23.28x
EV / EBITDA26.10x
P / S (ttm)6.89x
Profit margin18.1%
Return on equity24.5%
Revenue growth+12.8%
Earnings growth+14.8%
Debt / equity105.44
Risk Metrics
Beta vs SPX0.72
Corr SPX0.34
Annual vol34.1%
Annual ret-8.0%
Sharpe-0.23
Max DD-51.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.22
Sector+0.07
Technical+0.00
Earnings+0.00
Sentiment+0.13

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$35.97$36.99$34.33$36.563.09M
Aug 12$36.22$36.65$35.33$35.732.84M
Aug 11$34.95$36.27$34.893.02M
Aug 10$35.03$35.88$34.75$35.312.02M
Aug 7$36.05$36.28$34.91$35.213.06M