• Bentley Systems Q1 2026 results webcast featured Executive Chair Greg Bentley, CEO Nicholas Cumins, CFO Werner Andre, Investor Relations Officer Eric Boyer.
• Quarter ended with ARR of USD 1.5 billion; constant-currency ARR rose 11.5% year over year, net revenue retention held at 109%, revenue was USD 424 million.
• Management positioned “infrastructure AI” as a growth lever via API-based “indirect usage” of engineering applications; Cumins cited release of an MCP server for STAAD to let AI agents run structural optimization, with more APIs and MCP servers prioritized based on customer demand.
• Cumins said Bentley Infrastructure Cloud data will not be monetized for access or used to train Bentley AI unless customers explicitly direct it, citing heightened customer sensitivity on data rights as AI adoption rises.
• Andre reported free cash flow of USD 188 million; Bentley repaid USD 678 million of 2026 convertible notes, cutting fully diluted share count by about 10,600,000, then added a USD 550 million term loan A post-quarter to refinance revolver borrowings and lower interest costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bentley Systems Inc. published the original content used to generate this news brief on May 08, 2026, and is solely responsible for the information contained therein.