Bentley Systems (BSY) Tax Rate (2019 - 2026)
Bentley Systems' (BSY) quarterly Tax Rate came in at 17.47% in Q2 2026, up 628.0% year-over-year from 2.4% in Q2 2025, and down 10.55% quarter-over-quarter from 19.53% in Q1 2026.
Bentley Systems (BSY) Tax Rate (2019 - 2026) Analysis & Trends
Bentley Systems (BSY) has reported Tax Rate for 8 consecutive years, with 17.47% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 628.0% year-over-year to 17.47% in Q2 2026; TTM through Jun 2026 was 22.34%, a 309.0% increase from a year earlier, with the FY2025 full-year figure at 20.81%, up 77.0% from the prior year.
- Tax Rate was 17.47% for Q2 2026 at Bentley Systems, down from 19.53% 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 48.98% and a median of 18.93% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 119992 bps in 2023 and soared 118932 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 33.36% in 2022, then sank by 3596 bps to 1166.56% in 2023, then surged by 102 bps to 22.76% in 2024, then increased by 1 bps to 22.87% in 2025, then fell by 24 bps to 17.47% in 2026.
- The last three Tax Rate figures came in at 17.47% (Q2 2026), 19.53% (Q1 2026), and 22.87% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 43.86 Bn | 36.61 Bn | 695.95 Mn | 21.77% |
| 2 | Samsara | 22.87 Bn | 22.04 Bn | 392.58 Mn | 7.42% |
| 3 | Toast | 17.21 Bn | 15.49 Bn | 516.00 Mn | 4.94% |
| 4 | Ptc | 15.54 Bn | 15.19 Bn | 490.47 Mn | 22.08% |
| 5 | Trimble | 13.83 Bn | 13.62 Bn | 674.90 Mn | -6.05% |
| 6 | Duolingo | 13.65 Bn | 12.34 Bn | 216.74 Mn | 26.91% |
| 7 | Manhattan Associates | 12.26 Bn | 12.08 Bn | 168.33 Mn | 25.09% |
| 8 | Costar | 11.45 Bn | 10.20 Bn | 728.00 Mn | 25.68% |
| 9 | Bentley Systems | 9.87 Bn | 9.73 Bn | 336.74 Mn | 17.47% |
| 10 | Procore Technologies | 7.76 Bn | 7.10 Bn | 299.80 Mn | -11.87% |
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% |
| Dec 31, 2023 | -1,166.56% |
| Sep 30, 2023 | 23.73% |
| Jun 30, 2023 | -8.71% |
| Mar 31, 2023 | 17.26% |
| Dec 31, 2022 | 33.36% |
| Sep 30, 2022 | 20.41% |
| Jun 30, 2022 | -9.06% |
| Mar 31, 2022 | 5.37% |
| Dec 31, 2021 | 4.02% |
| Sep 30, 2021 | -11.87% |
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_KEY
import 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();