Bentley Systems (BSY) Net Margin (2019 - 2026)
Bentley Systems' (BSY) quarterly Net Margin came in at 19.1% in Q2 2026, down 24.0% year-over-year from 25.14% in Q2 2025, and down 15.06% quarter-over-quarter from 22.49% in Q1 2026.
Analysis
Bentley Systems (BSY) Net Margin (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has reported Net Margin for 8 consecutive years, with 19.1% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 24.0% year-over-year to 19.1% in Q2 2026; TTM through Jun 2026 was 18.09%, a 22.0% increase from a year earlier, with the FY2025 full-year figure at 18.5%, up 118.0% from the prior year.
- Net Margin was 19.1% for Q2 2026 at Bentley Systems, down from 22.49% in the prior quarter.
- Over five years, Net Margin peaked at 57.79% in Q4 2023 and troughed at 8.96% in Q4 2022.
- A 5-year average of 19.73% and a median of 18.21% in 2026 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 4883 bps in 2023 and slumped 4360 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 8.96% in 2022, then soared by 545 bps to 57.79% in 2023, then slumped by 75 bps to 14.19% in 2024, then advanced by 5 bps to 14.95% in 2025, then gained by 28 bps to 19.1% in 2026.
- The last three Net Margin figures came in at 19.1% (Q2 2026), 22.49% (Q1 2026), and 14.95% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ptc | 15.61 Bn | 15.26 Bn | 490.47 Mn | 19.80% |
| 2 | Trimble | 13.87 Bn | 13.65 Bn | 674.90 Mn | -48.53% |
| 3 | Bentley Systems | 10.17 Bn | 10.03 Bn | 336.74 Mn | 19.10% |
| 4 | Procore Technologies | 8.81 Bn | 8.15 Bn | 299.80 Mn | 4.52% |
| 5 | ServiceTitan | 7.27 Bn | 6.85 Bn | 193.79 Mn | -8.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.10% |
| Mar 31, 2026 | 22.49% |
| Dec 31, 2025 | 14.95% |
| Sep 30, 2025 | 15.30% |
| Jun 30, 2025 | 19.35% |
| Mar 31, 2025 | 24.65% |
| Dec 31, 2024 | 14.19% |
| Sep 30, 2024 | 12.64% |
| Jun 30, 2024 | 21.80% |
| Mar 31, 2024 | 20.81% |
| Dec 31, 2023 | 57.79% |
| Sep 30, 2023 | 17.31% |
| Jun 30, 2023 | 16.41% |
| Mar 31, 2023 | 14.47% |
| Dec 31, 2022 | 8.96% |
| Sep 30, 2022 | 13.78% |
| Jun 30, 2022 | 20.75% |
| Mar 31, 2022 | 20.46% |
| Dec 31, 2021 | 14.41% |
| Sep 30, 2021 | -19.10% |