Bentley Systems (BSY) Tax Rate (2019 - 2026)

Bentley Systems' (BSY) quarterly Tax Rate came in at 19.53% in Q1 2026, up 121.0% year-on-year from 8.84% in Q1 2025, and down 14.61% on a QoQ basis 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.

  • On a quarterly basis, Tax Rate rose 121.0% year-over-year to 19.53% in Q1 2026; TTM through Mar 2026 was 21.16%, a 292.0% increase from a year earlier, with the FY2025 full-year figure at 20.81%, up 77.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 19.53%, down from 22.87% in the prior quarter.
  • Over the last five years, Tax Rate for BSY reached as high as 33.36% in Q4 2022 and fell as low as 1166.56% in Q4 2023.
  • Historically, Tax Rate has averaged 52.89% across 5 years, with a median of 19.53% in 2026.
  • Across the five-year window, Tax Rate plunged 119992 bps in 2023 and surged 118932 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 33.36% in 2022, then sank by 3596 bps to 1166.56% in 2023, then soared by 102 bps to 22.76% in 2024, then climbed by 1 bps to 22.87% in 2025, then decreased by 15 bps to 19.53% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 19.53% in Q1 2026, 22.87% in Q4 2025, and 31.37% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Bentley Systems 9.42 Bn 9.31 Bn 350.41 Mn 19.53%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 22.76%
Sep 30, 2024 28.06%
Sep 30, 2024 28.06%