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Bentley Systems NRR

Net Revenue Retention history for Bentley Systems (BSY) - Construction SaaS, Public stage. Sourced from SEC filings and earnings releases.

Construction SaaS Public $100K-$500K ACV sales-led
Latest NRR · FY2026-Q2
109.0%
All-time peak
110.0%
FY-2024
All-time low
98.0%
FY2018-Q4
Disclosures tracked
17
since FY2018-Q4
QoQ flat
YoY ▼ 1.0pp
3-year ▲ 11.0pp

NRR vs GRR over time

0%32%63%95%127% FY2018-Q4FY2021-Q3FY2023-Q2FY2024-Q2FY2025-Q1FY-2025FY2026-Q2 Retention NRR (incl. expansion) GRR (excl. expansion) NRR — FY2018-Q4: 98% NRR — FY2020-Q4: 98% NRR — FY2021-Q2: 98% NRR — FY2021-Q3: 98% NRR — FY2021-Q4: 98% NRR — FY2022-Q2: 98% NRR — FY2023-Q2: 98% NRR — FY2023-Q4: 108% NRR — FY2024-Q1: 108% NRR — FY2024-Q2: 109% NRR — FY2024-Q3: 109% NRR — FY-2024: 110% NRR — FY2025-Q1: 110% NRR — FY2025-Q2: 110% NRR — FY2025-Q3: 109% NRR — FY-2025: 109% NRR — FY2026-Q2: 109% GRR — FY2018-Q4: 0% GRR — FY2020-Q4: 0% GRR — FY2021-Q2: 0% GRR — FY2021-Q3: 0% GRR — FY2021-Q4: 0% GRR — FY2022-Q2: 0% GRR — FY2023-Q2: 0% GRR — FY2023-Q4: 0% GRR — FY2024-Q1: 0% GRR — FY2024-Q2: 0% GRR — FY2024-Q3: 0% GRR — FY-2024: 0% GRR — FY2025-Q1: 0% GRR — FY2025-Q2: 0% GRR — FY2025-Q3: 0% GRR — FY-2025: 0% GRR — FY2026-Q2: 0%

Gross Retention excludes expansion - it shows pure churn / contraction loss. The gap between NRR and GRR is the expansion lift.

Peak NRR of 110.0% in FY-2024. Latest is 109.0% - that's -1.0pp from peak.

Bentley Systems is above the Construction SaaS Public median by +0.0pp (cell median: 109%)

What the data shows

Bentley Systems (BSY) is a construction saas company at the public stage. As of its most recent disclosure (FY2026-Q2), Bentley Systems reported a Net Revenue Retention rate of 109.0% - a mid-pack result for B2B SaaS at this segment.

Bentley Systems is currently at or near its all-time NRR peak. Over the past three years, the metric has expanded by 11pp.

Within its peer set (construction saas companies at public stage in the $100k-$500k acv band), Bentley Systems's NRR is roughly in line with the cell median of 109%. Compare against the full peer cell aggregate for distribution and top performers.

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Every disclosure

Period NRR GRR Source type Filing
FY2026-Q2 109.0% - 10-K source ↗
FY-2025 109.0% - 10-K source ↗
FY2025-Q3 109.0% - 10-Q-mdna source ↗
FY2025-Q2 110.0% - 10-K source ↗
FY2025-Q1 110.0% - 10-Q-mdna source ↗
FY-2024 110.0% - 10-K source ↗
FY2024-Q3 109.0% - 10-Q-mdna source ↗
FY2024-Q2 109.0% - 10-K source ↗
FY2024-Q1 108.0% - 10-Q-mdna source ↗
FY2023-Q4 108.0% - 10-Q-mdna source ↗
FY2023-Q2 98.0% - 10-Q-mdna source ↗
FY2022-Q2 98.0% - 10-K source ↗
FY2021-Q4 98.0% - 10-Q-mdna source ↗
FY2021-Q3 98.0% - 10-Q-mdna source ↗
FY2021-Q2 98.0% - 10-Q-mdna source ↗
FY2020-Q4 98.0% - 10-Q-mdna source ↗
FY2018-Q4 98.0% - 10-Q-mdna source ↗
Last verified disclosure: 2025-12-31 · Report an inaccuracy → · How we verify →

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