Bentley Systems (BSY) Gross Margin (2019 - 2026)
Bentley Systems (BSY) reported Gross Margin of 82.61% for Q1 2026, up 33.0% year-over-year from 62.11% in Q1 2025, and up 0.87% on a QoQ basis from 81.89% in Q4 2025.
Bentley Systems (BSY) has 8 years of Gross Margin data on file, last reported at 82.61% in Q1 2026.
- Quarterly Gross Margin rose 33.0% year-over-year to 82.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 81.64% (up 51.0% YoY) and the FY2025 annual result came in at 81.52%, up 57.0% from the prior year.
- Gross Margin improved to 82.61% in Q1 2026 per BSY's latest filing, from 81.89% in the prior quarter.
- Across five years, Gross Margin topped out at 82.61% in Q1 2026 and bottomed at 77.62% in Q2 2023.
- The 5-year median for Gross Margin is 80.59% (2024), against an average of 79.97%.
- The widest annual swing landed in 2023, when Gross Margin tumbled 112 bps; it then surged 325 bps in 2024.
- Tracing BSY's Gross Margin over 5 years: stood at 78.27% in 2022, then slipped by 0 bps to 78.18% in 2023, then increased by 3 bps to 80.59% in 2024, then rose by 2 bps to 81.89% in 2025, then increased by 1 bps to 82.61% in 2026.
- Per Business Quant, the three latest BSY Gross Margin figures stand at 82.61% (Q1 2026), 81.89% (Q4 2025), and 80.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Bentley Systems | 10.37 Bn | 10.26 Bn | 350.41 Mn | 82.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 77.80% |
| Dec 31, 2020 | 76.97% |
| Sep 30, 2020 | 79.00% |
| Jun 30, 2020 | 80.08% |
| Mar 31, 2020 | 80.86% |
| Dec 31, 2019 | 80.34% |
| Sep 30, 2019 | 81.21% |
| Jun 30, 2019 | 78.40% |