Bentley Systems (BSY) Gross Margin (2019 - 2026)
Bentley Systems (BSY) posted quarterly Gross Margin of 82.61% for Q1 2026, up 33.0% year-over-year from 62.11% in Q1 2025, and up 0.87% quarter-over-quarter from 81.89% in Q4 2025.
Bentley Systems (BSY) Gross Margin (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has reported Gross Margin for 8 consecutive years, with 82.61% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 33.0% year-over-year to 82.61%; the TTM figure through Mar 2026 stood at 81.64% (up 51.0% YoY), while the FY2025 annual figure was 81.52%, up 57.0% from the prior year.
- Gross Margin grew 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.
- Historically, Gross Margin has averaged 79.97% across 5 years, with a median of 80.59% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin sank 112 bps — and 2024, when it jumped 325 bps.
- Bentley Systems' Gross Margin stood at 78.27% in 2022, then fell by 0 bps to 78.18% in 2023, then advanced by 3 bps to 80.59% in 2024, then climbed by 2 bps to 81.89% in 2025, then advanced by 1 bps to 82.61% in 2026.
- Business Quant data shows BSY's Gross Margin at 82.61% in Q1 2026, 81.89% in Q4 2025, and 80.78% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Bentley Systems | 10.94 Bn | 10.79 Bn | 336.74 Mn | 81.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 81.99% |
| 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% |