Bentley Systems (BSY) Tax Rate (2019 - 2026)
Bentley Systems (BSY) posted quarterly Tax Rate of 19.53% for Q1 2026, up 121.0% year-over-year from 8.84% in Q1 2025, and down 14.61% quarter-over-quarter from 22.87% in Q4 2025.
Bentley Systems (BSY) Tax Rate (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has reported Tax Rate for 8 consecutive years, with 19.53% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 121.0% year-over-year to 19.53%; the TTM figure through Mar 2026 stood at 21.16% (up 292.0% YoY), while the FY2025 annual figure was 20.81%, up 77.0% from the prior year.
- Tax Rate declined to 19.53% in Q1 2026 per BSY's latest filing, from 22.87% in the prior quarter.
- Across five years, Tax Rate topped out at 33.36% in Q4 2022 and bottomed at 1166.56% in Q4 2023.
- Historically, Tax Rate has averaged 52.89% across 5 years, with a median of 19.53% in 2026.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 119992 bps — and 2024, when it jumped 118932 bps.
- Bentley Systems' Tax Rate stood at 33.36% in 2022, then sank by 3596 bps to 1166.56% in 2023, then jumped by 102 bps to 22.76% in 2024, then gained by 1 bps to 22.87% in 2025, then fell by 15 bps to 19.53% in 2026.
- Business Quant data shows BSY's Tax Rate at 19.53% in Q1 2026, 22.87% in Q4 2025, and 31.37% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Bentley Systems | 10.94 Bn | 10.79 Bn | 336.74 Mn | 17.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.47% |
| Jun 30, 2026 | 17.47% |
| Jun 30, 2026 | 17.47% |
| Mar 31, 2026 | 19.53% |
| Mar 31, 2026 | 19.53% |
| Mar 31, 2026 | 19.53% |
| Dec 31, 2025 | 22.87% |
| Dec 31, 2025 | 22.87% |
| Dec 31, 2025 | 22.87% |
| Sep 30, 2025 | 31.37% |
| Sep 30, 2025 | 31.37% |
| Sep 30, 2025 | 31.37% |
| Jun 30, 2025 | 11.19% |
| Jun 30, 2025 | 11.19% |
| Jun 30, 2025 | 11.19% |
| Mar 31, 2025 | 18.32% |
| Mar 31, 2025 | 18.32% |
| Mar 31, 2025 | 18.32% |
| Dec 31, 2024 | 22.76% |
| Dec 31, 2024 | 22.76% |