Bentley Systems (BSY) Tax Rate (2019 - 2026)
Bentley Systems (BSY) reported 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 8 years of Tax Rate data on file, last reported at 19.53% in Q1 2026.
- Tax Rate for Q1 2026 came in at 19.53%, up 121.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.16% (up 292.0% YoY), and the FY2025 annual result was 20.81%, up 77.0% from the prior year.
- Tax Rate retreated to 19.53% in Q1 2026 per BSY's latest filing, from 22.87% in the prior quarter.
- Over five years, Tax Rate peaked at 33.36% in Q4 2022 and troughed at 1166.56% in Q4 2023.
- A 5-year average of 52.89% and a median of 19.53% in 2026 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 119992 bps in 2023, then jumped 118932 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 33.36% in 2022, then plunged by 3596 bps to 1166.56% in 2023, then soared by 102 bps to 22.76% in 2024, then rose by 1 bps to 22.87% in 2025, then declined 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Bentley Systems | 9.52 Bn | 9.41 Bn | 350.41 Mn | 19.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.53% |
| Mar 31, 2026 | 19.53% |
| Dec 31, 2025 | 22.87% |
| Dec 31, 2025 | 22.87% |
| Sep 30, 2025 | 31.37% |
| Sep 30, 2025 | 31.37% |
| Jun 30, 2025 | 11.19% |
| Jun 30, 2025 | 11.19% |
| Mar 31, 2025 | 18.32% |
| Mar 31, 2025 | 18.32% |
| Dec 31, 2024 | 22.76% |
| Dec 31, 2024 | 22.76% |
| Sep 30, 2024 | 28.06% |
| Sep 30, 2024 | 28.06% |
| Jun 30, 2024 | 6.89% |
| Jun 30, 2024 | 6.89% |
| Mar 31, 2024 | 24.04% |
| Mar 31, 2024 | 24.04% |
| Dec 31, 2023 | -1,166.56% |
| Dec 31, 2023 | -1,166.56% |