Bentley Systems (BSY) Net Margin (2019 - 2026)
Bentley Systems (BSY) reported Net Margin of 22.48% for Q1 2026, down 214.0% year-over-year from 19.72% in Q1 2025, and up 50.61% on a QoQ basis from 14.93% in Q4 2025.
Bentley Systems (BSY) has 8 years of Net Margin data on file, last reported at 22.48% in Q1 2026.
- Quarterly Net Margin fell 214.0% year-over-year to 22.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.1% (down 21.0% YoY) and the FY2025 annual result came in at 18.49%, up 118.0% from the prior year.
- Net Margin advanced to 22.48% in Q1 2026 per BSY's latest filing, from 14.93% in the prior quarter.
- Across five years, Net Margin topped out at 57.56% in Q4 2023 and bottomed at 8.96% in Q4 2022.
- The 5-year median for Net Margin is 17.08% (2023), against an average of 19.67%.
- The widest annual swing landed in 2023, when Net Margin soared 4860 bps; it then tumbled 4341 bps in 2024.
- Tracing BSY's Net Margin over 5 years: stood at 8.96% in 2022, then surged by 542 bps to 57.56% in 2023, then slumped by 75 bps to 14.15% in 2024, then climbed by 5 bps to 14.93% in 2025, then surged by 51 bps to 22.48% in 2026.
- Per Business Quant, the three latest BSY Net Margin figures stand at 22.48% (Q1 2026), 14.93% (Q4 2025), and 15.29% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Bentley Systems | 10.37 Bn | 10.26 Bn | 350.41 Mn | 22.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.48% |
| Dec 31, 2025 | 14.93% |
| Sep 30, 2025 | 15.29% |
| Jun 30, 2025 | 19.31% |
| Mar 31, 2025 | 24.62% |
| Dec 31, 2024 | 14.15% |
| Sep 30, 2024 | 12.43% |
| Jun 30, 2024 | 21.59% |
| Mar 31, 2024 | 20.61% |
| Dec 31, 2023 | 57.56% |
| Sep 30, 2023 | 17.08% |
| Jun 30, 2023 | 16.17% |
| Mar 31, 2023 | 14.24% |
| 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% |
| Mar 31, 2021 | 25.68% |
| Dec 31, 2020 | 23.55% |
| Sep 30, 2020 | 2.88% |
| Jun 30, 2020 | 21.20% |
| Mar 31, 2020 | 15.24% |
| Dec 31, 2019 | 17.87% |
| Sep 30, 2019 | 10.94% |
| Jun 30, 2019 | 11.01% |