VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

Bentley Systems, Incorporated vs Oracle Corporation

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Bentley Systems, Incorporated

BSY · NASDAQ

Market cap (USD)$9.4B
Gross margin (TTM)81.6%
Operating margin (TTM)24%
Net margin (TTM)18.1%
SectorTechnology
IndustrySoftware - Application
CountryUS
Data as of2026-01-10
Moat score
64/ 100

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 analysis

Oracle Corporation

ORCL · New York Stock Exchange

Market cap (USD)$548.7B
Gross margin (TTM)66.4%
Operating margin (TTM)30.8%
Net margin (TTM)25.3%
SectorTechnology
IndustrySoftware - Infrastructure
CountryUS
Data as of2026-05-27
Moat score
65/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Oracle Corporation's moat claims, evidence, and risks.

View ORCL analysis

Comparison highlights

  • Moat score gap: Oracle Corporation leads (65 / 100 vs 64 / 100 for Bentley Systems, Incorporated).
  • Segment focus: Bentley Systems, Incorporated has 4 segments; Oracle Corporation has 5 segments (36.8% in Software license and support).
  • Moat breadth: Bentley Systems, Incorporated has 7 moat types across 2 domains; Oracle Corporation has 7 across 3.

Primary market context

Bentley Systems, Incorporated

Engineering Applications (Bentley Open)

Market

Infrastructure engineering design and simulation software (CAD/BIM for civil, rail, water, plants, and facilities)

Geography

Global

Customer

Engineering and construction firms; public and private infrastructure owner-operators

Role

Engineering authoring + analysis software vendor

Oracle Corporation

Software license and support

Market

Enterprise software licenses and support for databases, middleware, and applications (on-premise and hybrid/cloud)

Geography

Global

Customer

Enterprises & public sector

Role

Software vendor (licenses)

Revenue share

36.8%

Side-by-side metrics

Bentley Systems, Incorporated
Oracle Corporation
Ticker / Exchange
BSY - NASDAQ
ORCL - New York Stock Exchange
Market cap (USD)
$9.4B
$548.7B
Gross margin (TTM)
81.6%
66.4%
Operating margin (TTM)
24%
30.8%
Net margin (TTM)
18.1%
25.3%
Sector
Technology
Technology
Industry
Software - Application
Software - Infrastructure
HQ country
US
US
Primary segment
Engineering Applications (Bentley Open)
Software license and support
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
64 / 100
65 / 100
Moat domains
Demand, Network
Demand, Supply, Network
Last update
2026-01-10
2026-05-27

Moat coverage

Shared moat types

Training Org Change CostsSuite BundlingInteroperability Hub

Bentley Systems, Incorporated strengths

Data Workflow LockinProcurement InertiaDe Facto StandardEcosystem Complements

Oracle Corporation strengths

Long Term ContractsCapex Knowhow ScaleSwitching Costs GeneralKeystone Component

Segment mix

Bentley Systems, Incorporated segments

Full profile >

Engineering Applications (Bentley Open)

Oligopoly

n/a

Geoprofessional Applications (Seequent)

Oligopoly

n/a

Bentley Infrastructure Cloud (ProjectWise, SYNCHRO, AssetWise)

Oligopoly

n/a

Digital Twin Platform & Asset Analytics (Cesium, iTwin, Asset Analytics)

Competitive

n/a

Oracle Corporation segments

Full profile >

Cloud applications

Oligopoly

24.4%

Cloud infrastructure

Oligopoly

25.6%

Software license and support

Oligopoly

36.8%

Hardware

Competitive

4.5%

Services

Competitive

8.8%

Want the full wide moat stocks list?

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

View expansion-stage stocks

Curation & Accuracy

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.