Bentley Systems Declares $0.07 Quarterly Dividend for First Quarter 2026
Bentley Systems, Incorporated (Nasdaq: BSY), an infrastructure engineering software company, announced its board declared a $0.07 per share cash dividend for the first quarter of 2026. The dividend is payable March 19, 2026 to stockholders of record as of March 10, 2026.
Bentley Systems, Incorporated (Nasdaq: BSY), an infrastructure engineering software company, announced its board of directors declared a $0.07 per share cash dividend for the first quarter of 2026. The dividend will be paid to holders of both Class A and Class B common stock. Read more dividend announcements.
The board approved the dividend on February 23, 2026. Shareholders of record as of the close of business on March 10, 2026 will receive payment on March 19, 2026.
| Dividend Details | Date |
|---|---|
| Amount per Share | $0.07 |
| Declaration Date | February 23, 2026 |
| Record Date | March 10, 2026 |
| Payment Date | March 19, 2026 |
| Frequency | Quarterly |
Fourth Quarter 2025 Financial Performance
The dividend announcement came alongside Bentley Systems' fourth quarter 2025 results. Total revenues reached $391.6 million, up 11.9% year-over-year, or 9.7% on a constant currency basis. Subscriptions revenues climbed 13.0% to $356.6 million.
Annualized recurring revenues stood at $1.46 billion as of December 31, 2025, compared to $1.28 billion a year earlier. The constant currency ARR growth rate was 11.5%. The company's last twelve-month recurring revenues dollar-based net retention rate was 109%, down from 110% in the same period last year.
Operating income margin expanded to 20.0% from 17.6% in the fourth quarter of 2024. Adjusted operating income less stock-based compensation expense margin improved to 24.1% from 21.5%. Net income per diluted share was $0.18, compared to $0.16 in the prior year period, while adjusted EPS increased to $0.27 from $0.21.
Cash flows from operating activities surged to $141.6 million from $81.6 million in the fourth quarter of 2024. Free cash flow totaled $136.2 million for the quarter.
2026 Financial Outlook
Bentley Systems projected total revenues between $1.675 billion and $1.690 billion for 2026. The company expects adjusted operating income less stock-based compensation of $495 million to $510 million, representing annual margin improvement of approximately 100 basis points in constant currency.
The company forecasts an effective tax rate of approximately 21% and free cash flows ranging from $500 million to $570 million for the full year.