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ACI Worldwide vs Bentley Systems: ACIW and BSY compared
ACI Worldwide is the larger company: $427M of revenue in its latest quarter (Q3 2026) against $422M for Bentley Systems (Q3 2026). Bentley Systems is growing faster (+12% against -12% a year earlier). Bentley Systems is more profitable, with an operating margin of 29.1% against 12.3%.
Where the money goes: ACIW and BSY
ACI Worldwide (ACIW) · Q3 2026
ACI Worldwide, Q3 2026: revenue $427M (-12% year over year), operating margin 12.3%, net earnings $32.5M, operating cash flow $119M. The chart follows the revenue to costs, profit and cash.
Bentley Systems (BSY) · Q3 2026
Bentley Systems, Q3 2026: revenue $422M (+12% year over year), operating margin 29.1%, net earnings $90.0M, operating cash flow $109M. The chart follows the revenue to costs, profit and cash.
| ACI Worldwide (ACIW) | Bentley Systems (BSY) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $427M | $422M |
| Revenue growth, Y/Y | -12% | +12% |
| Gross margin | — | 82.9% |
| Operating margin | 12.3% | 29.1% |
| Net earnings | $32.5M | $90.0M |
| Net margin | 7.6% | 21.4% |
| Operating cash flow | $119M | $109M |
| Free cash flow | $116M | $101M |
| Market value | $6.1B | $14.2B |
| P/E | 36.4× | 44.0× |
| Analysts’ mean target | $66.00 | $44.67 |
Where the revenue comes from
ACI Worldwide
- Software as a service and platform as a service: $258M (61%)
- License: $94.8M (22%)
- Maintenance: $51.0M (12%)
- Services: $22.7M (5%)
Bentley Systems
- Subscriptions and licenses: $399M (95%)
- Services: $22.1M (5%)
Questions
Which is bigger, ACI Worldwide or Bentley Systems?
ACI Worldwide is the larger company: $427M of revenue in its latest quarter (Q3 2026) against $422M for Bentley Systems (Q3 2026).
Is ACI Worldwide or Bentley Systems growing faster?
Bentley Systems is growing faster (+12% against -12% a year earlier).
Which is more profitable, ACI Worldwide or Bentley Systems?
Bentley Systems is more profitable, with an operating margin of 29.1% against 12.3%.
More: ACI Worldwide earnings · how ACI Worldwide makes money · Bentley Systems earnings · how Bentley Systems makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.