VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Sunday, January 11, 2026
Stock Comparison
Bentley Systems, Incorporated vs Costco Wholesale Corporation
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Bentley Systems, Incorporated
BSY · NASDAQ
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Bentley Systems, Incorporated's moat claims, evidence, and risks.
View BSY analysisCostco Wholesale Corporation
COST · Nasdaq Global Select Market
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Costco Wholesale Corporation's moat claims, evidence, and risks.
View COST analysisComparison highlights
- Moat score gap: Costco Wholesale Corporation leads (80 / 100 vs 64 / 100 for Bentley Systems, Incorporated).
- Segment focus: Bentley Systems, Incorporated has 4 segments; Costco Wholesale Corporation has 2 segments (98.1% in Warehouse club retail).
- Primary market structure: Oligopoly vs Oligopoly. Pricing power: Moderate vs Weak.
- Moat breadth: Bentley Systems, Incorporated has 7 moat types across 2 domains; Costco Wholesale Corporation has 6 across 3.
Primary market context
Bentley Systems, Incorporated
Engineering Applications (Bentley Open)
Infrastructure engineering design and simulation software (CAD/BIM for civil, rail, water, plants, and facilities)
Global
Engineering and construction firms; public and private infrastructure owner-operators
Engineering authoring + analysis software vendor
Costco Wholesale Corporation
Warehouse club retail
Membership warehouse club retail (warehouse clubs, ancillary services, and e-commerce)
Global
Households and small businesses
Retailer (membership club)
98.1%
Side-by-side metrics
Moat coverage
Shared moat types
No overlap yet.
Bentley Systems, Incorporated strengths
Costco Wholesale Corporation strengths
Segment mix
Bentley Systems, Incorporated segments
Full profile >Engineering Applications (Bentley Open)
Oligopoly
Geoprofessional Applications (Seequent)
Oligopoly
Bentley Infrastructure Cloud (ProjectWise, SYNCHRO, AssetWise)
Oligopoly
Digital Twin Platform & Asset Analytics (Cesium, iTwin, Asset Analytics)
Competitive
Costco Wholesale Corporation segments
Full profile >Warehouse club retail
Oligopoly
Membership fees (subscription)
Oligopoly
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This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.