{"id":535191,"date":"2026-07-10T19:52:11","date_gmt":"2026-07-10T19:52:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/535191\/"},"modified":"2026-07-10T19:52:11","modified_gmt":"2026-07-10T19:52:11","slug":"unpacking-q1-earnings-bentley-systems-nasdaqbsy-in-the-context-of-other-vertical-software-stocks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/535191\/","title":{"rendered":"Unpacking Q1 Earnings: Bentley Systems (NASDAQ:BSY) In The Context Of Other Vertical Software Stocks"},"content":{"rendered":"

\"BSY<\/a> Unpacking Q1 Earnings: Bentley Systems (NASDAQ:BSY) In The Context Of Other Vertical Software Stocks <\/p>\n

Let’s dig into the relative performance of Bentley Systems (NASDAQ:BSY) and its peers as we unravel the now-completed Q1 vertical software earnings season. <\/p>\n

Software is eating the world, and while a large number of solutions such as project management or video conferencing software can be useful to a wide array of industries, some have very specific needs. As a result, vertical software, which addresses industry-specific workflows, is growing and fueled by the pressures to improve productivity, whether it be for a life sciences, education, or banking company. <\/p>\n

The 4 vertical software stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 3.7% while next quarter’s revenue guidance was 0.9% above. <\/p>\n

In light of this news, share prices of the companies have held steady as they are up 3.2% on average since the latest earnings results. <\/p>\n

Slowest Q1: Bentley Systems (NASDAQ:BSY) <\/p>\n

Pioneering the concept of “digital twins” for infrastructure projects long before it became an industry buzzword, Bentley Systems (NASDAQ:BSY) provides software solutions that help engineers design, build, and operate infrastructure projects across sectors including roads, bridges, utilities, mining, and industrial facilities. <\/p>\n

Bentley Systems reported revenues of $424.2 million, up 14.5% year on year. This print exceeded analysts’ expectations by 1.2%. Despite the top-line beat, it was still a slower quarter for the company with a significant miss of analysts’ billings estimates. <\/p>\n

CEO Nicholas Cumins said, “We are pleased to report a strong start to 2026, reflecting both solid market fundamentals and strong execution by our team. The quarter was highlighted by the performance of our Resources business, which continues to be our fastest-growing sector, and by the steady demand from Public Works \/ Utilities. This gives us a solid foundation for the year. <\/p>\n

\"Bentley<\/a> <\/p>\n

Bentley Systems delivered the weakest performance against analyst estimates of the whole group. The market seems disappointed with the results as the stock is down 1.3% since reporting and currently trades at $31.65. <\/p>\n

Read our full report on Bentley Systems here, it’s free<\/a>. <\/p>\n

Best Q1: Alarm.com (NASDAQ:ALRM) <\/p>\n

Processing over 325 billion data points annually from more than 150 million connected devices, Alarm.com (NASDAQ:ALRM) provides cloud-based platforms that enable residential and commercial property owners to remotely monitor and control their security, video, energy, and other connected devices. <\/p>\n

Alarm.com reported revenues of $265.2 million, up 11% year on year, outperforming analysts’ expectations by 5.6%. The business had a very strong quarter with a solid beat of analysts’ billings and EBITDA estimates. <\/p>\n

\"Alarm.com<\/a> <\/p>\n

Alarm.com delivered the biggest analyst estimate beat among its peers. The market seems happy with the results as the stock is up 10% since reporting. It currently trades at $51.69. <\/p>\n

Is now the time to buy Alarm.com? Access our full analysis of the earnings results here, it’s free<\/a>. <\/p>\n

Guidewire Software (NYSE:GWRE) <\/p>\n

With its systems powering the operations of hundreds of insurance brands across 42 countries, Guidewire Software (NYSE:GWRE) provides a technology platform that helps property and casualty insurance companies manage their core operations, digital engagement, and analytics. <\/p>\n

Guidewire Software reported revenues of $372.5 million, up 26.9% year on year, exceeding analysts’ expectations by 4.7%. It may have had the worst quarter among its peers, but its results were still good as it also locked in a solid beat of analysts’ billings estimates and full-year revenue guidance slightly topping analysts’ expectations. <\/p>\n

As expected, the stock is down 11.4% since the results and currently trades at $134.00. <\/p>\n

Read our full analysis of Guidewire Software’s results here.<\/a> <\/p>\n

Manhattan Associates (NASDAQ:MANH) <\/p>\n

Built on a “versionless” cloud architecture that delivers quarterly updates to all customers, Manhattan Associates (NASDAQ:MANH) develops cloud-based software that helps retailers, wholesalers, and manufacturers manage their supply chains, inventory, and omnichannel operations. <\/p>\n

Manhattan Associates reported revenues of $282.2 million, up 7.4% year on year. This number topped analysts’ expectations by 3.3%. Overall, it was a strong quarter as it also recorded full-year EPS and revenue guidance slightly topping analysts’ expectations. <\/p>\n

Manhattan Associates had the slowest revenue growth among its peers. The stock is up 15.6% since reporting and currently trades at $155.91. <\/p>\n

Read our full, actionable report on Manhattan Associates here, it’s free.<\/a> <\/p>\n

Market Update <\/p>\n

Late in 2025 into early 2026, there was hand-wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure? <\/p>\n

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability. <\/p>\n

Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks<\/a> and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. <\/p>\n","protected":false},"excerpt":{"rendered":"Unpacking Q1 Earnings: Bentley Systems (NASDAQ:BSY) In The Context Of Other Vertical Software Stocks Let’s dig into the…\n","protected":false},"author":2,"featured_media":535192,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[243990,114,108341,11881,243992,85,84545,46,243994,76504,243995,243993,243991],"class_list":["post-535191","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bentley-systems","tag-business","tag-earnings-results","tag-expectations","tag-guidewire-software","tag-il","tag-infrastructure-projects","tag-israel","tag-reported-revenues","tag-revenue-guidance","tag-vertical-software","tag-vertical-software-stocks","tag-video-conferencing-software"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/535191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=535191"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/535191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/535192"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=535191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=535191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=535191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}