WIDE MOAT STOCKS COMPARISON

Checking

Stock Comparison

Bentley Systems, Incorporated vs Trimble Inc.

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

Bentley Systems, Incorporated

BSY · The Nasdaq Global Select Market

Market cap (USD)$9.9B
Gross margin (TTM)81.8%
Operating margin (TTM)23.6%
Net margin (TTM)18.1%
SectorTechnology
IndustrySoftware - Application
CountryUS
Data as of2026-08-23
73/100
Moat score

Weighted across the company's segments.

Full stock profile

Dive deeper into Bentley Systems, Incorporated's moat claims, evidence, and risks.

View BSY analysis

Trimble Inc.

TRMB · Nasdaq Global Select Market

Market cap (USD)$13.9B
Gross margin (TTM)68.4%
Operating margin (TTM)17.5%
Net margin (TTM)-2.8%
SectorTechnology
IndustryHardware, Equipment & Parts
CountryUS
Data as of2026-08-23
72/100
Moat score

Weighted across the company's segments.

Full stock profile

Dive deeper into Trimble Inc.'s moat claims, evidence, and risks.

View TRMB analysis

Comparison highlights

  • Moat score gap: Bentley Systems, Incorporated leads (73 / 100 vs 72 / 100 for Trimble Inc.).
  • Segment focus: Bentley Systems, Incorporated has 4 segments; Trimble Inc. has 3 segments (45.5% in Field Systems).
  • Moat breadth: Bentley Systems, Incorporated has 5 moat types across 2 domains; Trimble Inc. has 4 across 2.

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

Trimble Inc.

Field Systems

Market

High-precision positioning & field solutions (geospatial, construction machine control, positioning/correction services)

Geography

Global

Customer

Surveyors, mapping professionals, civil construction contractors, governments, utilities

Role

Field hardware + software + subscription positioning services

Revenue share

45.5%

Side-by-side metrics

Bentley Systems, Incorporated
Trimble Inc.
Ticker / Exchange
BSY - The Nasdaq Global Select Market
TRMB - Nasdaq Global Select Market
Market cap (USD)
$9.9B
$13.9B
Gross margin (TTM)
81.8%
68.4%
Operating margin (TTM)
23.6%
17.5%
Net margin (TTM)
18.1%
-2.8%
Sector
Technology
Technology
Industry
Software - Application
Hardware, Equipment & Parts
HQ country
US
US
Primary segment
Engineering Applications (Bentley Open)
Field Systems
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
73 / 100
72 / 100
Moat domains
Demand, Network
Demand, Network
Last update
2026-09-05
2026-09-05

Moat coverage

Shared moat types

Data Workflow Lockin

Bentley Systems, Incorporated strengths

Training Org Change CostsSuite BundlingDe Facto StandardInteroperability Hub

Trimble Inc. strengths

Ecosystem ComplementsDesign In QualificationTwo Sided Network

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

Trimble Inc. segments

Full profile >

Architects, Engineers, Construction and Owners

Competitive

40%

Field Systems

Oligopoly

45.5%

Transportation and Logistics

Competitive

14.5%

Act on this comparison

Turn a two-stock debate into a systemSee the systematic rankings that surface stocks like BSY and TRMB, with backtests and current holdings.

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

View the moat stocks list

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.