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

Bentley Systems' (BSY) quarterly Net Margin came in at 22.49% in Q1 2026, down 216.0% year-on-year from 19.39% in Q1 2025, and up 50.47% on a QoQ basis from 14.95% in Q4 2025.

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

Bentley Systems (BSY) has 8 years of Net Margin data on file, last reported at 22.49% in Q1 2026.

  • On a quarterly basis, Net Margin fell 216.0% year-over-year to 22.49% in Q1 2026; TTM through Mar 2026 was 18.12%, a 31.0% decrease from a year earlier, with the FY2025 full-year figure at 18.5%, up 118.0% from the prior year.
  • Net Margin for Q1 2026 stood at 22.49%, up from 14.95% in the prior quarter.
  • Over the last five years, Net Margin for BSY reached as high as 57.79% in Q4 2023 and fell as low as 8.96% in Q4 2022.
  • Historically, Net Margin has averaged 19.77% across 5 years, with a median of 17.31% in 2023.
  • Across the five-year window, Net Margin surged 4883 bps in 2023 and tumbled 4360 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 8.96% in 2022, then jumped by 545 bps to 57.79% in 2023, then slumped by 75 bps to 14.19% in 2024, then rose by 5 bps to 14.95% in 2025, then surged by 50 bps to 22.49% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 22.49% in Q1 2026, 14.95% in Q4 2025, and 15.3% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 20.22%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -18.33%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 18.93%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 7.47%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 22.90%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -21.25%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 22.77%
10 Bentley Systems 9.42 Bn 9.31 Bn 350.41 Mn 22.49%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 20.38%