Bentley Systems, Incorporated

BSY Technology Software Application

Bentley Systems, Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 11.0% from fiscal 2024.

Revenue
+12.2%
EPS
+61.1%
Free cash flow
−8.34%
Total debt
−6.82%

Quarter to September 2026, against a year earlier

43.13 1.81 −4.03%
Market cap
$13.6B
P/E
43.3×
Fwd P/E
39.1×
Dividend yield
0.62%
F-score
9/9
Altman Z
3.65
Beneish M
−2.74
Dividend safety
68/100

Bentley Systems, Incorporated (BSY) Gross margin

Alert me on Gross margin

Bentley Systems, Incorporated's gross margin over the twelve months to 30 September 2026 was 82.4%, up 0.8 percentage points from fiscal 2025 (81.5%). Over the past ten years it has ranged from 77.6% (fiscal 2021) to 81.5% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 66.9% and above the Technology sector median of 46.9%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 81.5% 0.57
FY2024 81.0% 2.61
FY2023 78.3% (0.10)
FY2022 78.4% 0.88
FY2021 77.6% (1.59)
FY2020 79.2% (1.28)
FY2019 80.4% (0.58)
FY2018 81.0% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 82.9% 0.94
Jun 2026 82.0% (0.62)
Mar 2026 82.6% 0.72
Dec 2025 81.9% 1.11
26 more quarters

Against its own ten years

Low 77.6% High 81.5%
Ten-year median 79.8%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
BSY Bentley Systems, Incorporated 82.4%
FIG Figma, Inc. compare 81.4%
DT Dynatrace, Inc. compare 81.1%
PCOR Procore Technologies, Inc. compare 80.2%
DOCU Docusign Inc. compare 79.5%
GWRE Guidewire Software, Inc. compare 64.2%
MANH Manhattan Associates, Inc. compare 55.9%
GRAB Grab Holdings Limited compare 44.4%
PAYC Paycom Software, Inc. compare 0.00%
Software Application industry median 66.9%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on BSY