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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 43.86 Bn | 36.61 Bn | 695.95 Mn | 29.47% |
| 2 | Samsara | 22.87 Bn | 22.04 Bn | 392.58 Mn | 3.19% |
| 3 | Toast | 17.21 Bn | 15.49 Bn | 516.00 Mn | 8.07% |
| 4 | Ptc | 15.54 Bn | 15.19 Bn | 490.47 Mn | 19.80% |
| 5 | Trimble | 13.83 Bn | 13.62 Bn | 674.90 Mn | -48.53% |
| 6 | Duolingo | 13.65 Bn | 12.34 Bn | 216.74 Mn | 11.11% |
| 7 | Manhattan Associates | 12.26 Bn | 12.08 Bn | 168.33 Mn | 16.91% |
| 8 | Costar | 11.45 Bn | 10.20 Bn | 728.00 Mn | 5.95% |
| 9 | Bentley Systems | 9.87 Bn | 9.73 Bn | 336.74 Mn | 19.10% |
| 10 | Procore Technologies | 7.76 Bn | 7.10 Bn | 299.80 Mn | 4.52% |
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% |
Bentley Systems Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=BSY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BSY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();