Bentley Systems - B

Q2 FY2026 EarningsQ2 FY2026 results showed steady performance with a minor revenue miss ($410.7M vs. $412.1M consensus) and normalized EPS outperforming expectations ($0.35 vs. $0.32 consensus). Subscription growth remains robust at 13.6% YoY, while constant-currency ARR growth reached 12%. Despite high R&D and G&A spending related to new platform implementations, the company maintained disciplined execution and favorable positioning for its full-year outlook.