Bentley Systems (BSY) Gross Margin (2019 - 2026)

Bentley Systems' (BSY) quarterly Gross Margin came in at 82.61% in Q1 2026, up 33.0% year-on-year from 62.11% in Q1 2025, and up 0.87% on a QoQ basis from 81.89% in Q4 2025.

Bentley Systems (BSY) Gross Margin (2019 - 2026) Analysis & Trends

Bentley Systems (BSY) has 8 years of Gross Margin data on file, last reported at 82.61% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 33.0% year-over-year to 82.61% in Q1 2026; TTM through Mar 2026 was 81.64%, a 51.0% increase from a year earlier, with the FY2025 full-year figure at 81.52%, up 57.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 82.61%, up from 81.89% in the prior quarter.
  • Over the last five years, Gross Margin for BSY reached as high as 82.61% in Q1 2026 and fell as low as 77.62% in Q2 2023.
  • Historically, Gross Margin has averaged 79.97% across 5 years, with a median of 80.59% in 2024.
  • Across the five-year window, Gross Margin tumbled 112 bps in 2023 and surged 325 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 78.27% in 2022, then decreased by 0 bps to 78.18% in 2023, then grew by 3 bps to 80.59% in 2024, then increased by 2 bps to 81.89% in 2025, then grew by 1 bps to 82.61% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 82.61% in Q1 2026, 81.89% in Q4 2025, and 80.78% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 48.77%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 45.03%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 76.92%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 70.68%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 48.28%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 66.61%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 95.85%
10 Bentley Systems 9.42 Bn 9.31 Bn 350.41 Mn 82.61%

Historic Data

Download Data
DateValue
Mar 31, 2026 82.61%
Dec 31, 2025 81.89%
Sep 30, 2025 80.78%
Jun 30, 2025 81.11%
Mar 31, 2025 82.28%
Dec 31, 2024 80.59%
Sep 30, 2024 80.66%
Jun 30, 2024 80.87%
Mar 31, 2024 81.69%
Dec 31, 2023 78.18%
Sep 30, 2023 78.91%
Jun 30, 2023 77.62%
Mar 31, 2023 78.63%
Dec 31, 2022 78.27%
Sep 30, 2022 77.94%
Jun 30, 2022 77.75%
Mar 31, 2022 79.75%
Dec 31, 2021 77.75%
Sep 30, 2021 78.43%
Jun 30, 2021 76.13%