Bentley Systems (BSY) Tax Rate (2019 - 2026)
Bentley Systems (BSY) recorded Tax Rate of 17.47% in Q2 2026, up 6.28 percentage points from 11.19% a year earlier but down 2.06 percentage points from the prior quarter.
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Analysis
Bentley Systems (BSY) Tax Rate (2019 - 2026) Analysis & Trends
On a TTM basis, Bentley Systems' Tax Rate came in at 22.34% as of Jun 30, 2026, up 3.09 percentage points year-over-year; for FY2025, it came in at 20.81%, up 0.77 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -2.24 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 20.04% in FY2024 (+98.09 pp), -78.05% in FY2023 (-88.78 pp), 10.73% in FY2022 (+14.43 pp) and -3.69% in FY2021 (-26.74 pp).
- Quarterly Tax Rate has ranged from -1166.56% in Q4 2023 to 33.36% in Q4 2022 over the past five years.
- On a year-over-year basis, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of +150.39 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 1189.32 percentage points in Q4 2024, against a drop of 1199.92 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 19.53% (Q1 2026), 22.87% (Q4 2025) and 31.37% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 50.52 Bn | 22.77 Bn | 695.95 Mn | 21.77% |
| 3 | Samsara | 24.02 Bn | 20.79 Bn | 392.58 Mn | 7.42% |
| 4 | Ptc | 22.16 Bn | 20.98 Bn | 490.47 Mn | 22.08% |
| 5 | Toast | 18.74 Bn | 11.41 Bn | 516.00 Mn | 4.94% |
| 6 | Trimble | 14.17 Bn | 13.23 Bn | 674.90 Mn | - |
| 7 | Manhattan Associates | 13.17 Bn | 12.17 Bn | 168.33 Mn | 25.09% |
| 8 | Costar | 12.94 Bn | 6.89 Bn | 728.00 Mn | 25.68% |
| 9 | Bentley Systems | 11.23 Bn | 10.69 Bn | 336.74 Mn | 17.47% |
| 10 | Procore Technologies | 8.77 Bn | 6.07 Bn | 299.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.47% |
| Mar 31, 2026 | 19.53% |
| Dec 31, 2025 | 22.87% |
| Sep 30, 2025 | 31.37% |
| Jun 30, 2025 | 11.19% |
| Mar 31, 2025 | 18.32% |
| Dec 31, 2024 | 22.76% |
| Sep 30, 2024 | 28.06% |
| Jun 30, 2024 | 6.89% |
| Mar 31, 2024 | 24.04% |
| Sep 30, 2023 | 23.73% |
| Mar 31, 2023 | 17.26% |
| Dec 31, 2022 | 33.36% |
| Sep 30, 2022 | 20.41% |
| Mar 31, 2022 | 5.37% |
| Dec 31, 2021 | 4.02% |
| Mar 31, 2021 | 15.28% |
| Dec 31, 2020 | 23.73% |
| Sep 30, 2020 | 62.49% |
| Jun 30, 2020 | 9.72% |
API Access
Bentley Systems Tax Rate 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=tax-rate&ticker=BSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=BSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();