Bentley Systems Inc (BSY)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,095,330 | 910,235 | 862,069 | 748,507 | 634,389 |
| Revenue | US$ in thousands | 1,353,100 | 1,228,410 | 1,099,080 | 965,046 | 801,544 |
| Gross profit margin | 80.95% | 74.10% | 78.44% | 77.56% | 79.15% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,095,330K ÷ $1,353,100K
= 80.95%
Peer comparison
Dec 31, 2024
Company name
Symbol
Gross profit margin
Bentley Systems Inc
BSY
80.95%
Guidewire Software Inc
GWRE
62.54%
Q2 Holdings
QTWO
50.90%