Bentley Systems Q1 Earnings Call Highlights

Bentley Systems (NASDAQ:BSY) opened 2026 with what executives characterized arsenic a beardown archetypal quarter, arsenic recurring gross maturation and currency procreation remained successful enactment with the company’s full-year outlook. Management besides spent sizeable clip outlining however it expects artificial quality to reshape infrastructure engineering workflows, including caller merchandise instrumentation aimed astatine enabling “agentic” usage of Bentley’s engineering applications done APIs.

AI strategy centers connected “API consumption” and exertion instrumentation

Executive Chair Greg Bentley said Bentley views AI arsenic “more a seminal accidental than a terminal threat,” arguing that the company’s incumbency with engineering organizations and the breadth of infrastructure information stewarded successful Bentley Infrastructure Cloud, ProjectWise, SYNCHRO, and AssetWise positions it good to benefit. He besides pointed to Bentley’s modeling and simulation tools arsenic “de facto standards for liable and deterministic infrastructure engineering,” which helium said should beryllium invaluable arsenic AI is applied to plan and optimization.

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Greg Bentley highlighted Bentley’s Asset Analytics initiative, describing it arsenic “spawned by AI” and “already exceeding $50 cardinal successful yearly gross tally rate,” and said it is being commercialized done subscriptions “denominated successful depletion per asset.” He besides emphasized the company’s attraction successful ample endeavor customers, noting that 45% of gross comes from 220 accounts spending much than $1 cardinal annually, and astir two-thirds of gross comes from 824 accounts spending much than $250,000 per year, “mostly…through E365 depletion subscriptions.”