Manhattan Associates, Inc. (MANH)

Manhattan Associates Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,067	1,042	928.73	767.08	663.64	586.37
Revenue Growth (YoY)	4.10%	12.23%	21.07%	15.59%	13.18%	-5.11%
Cost of Revenue	463.59	470.98	430.61	358.24	297.83	269.89
Gross Profit	603.22	571.37	498.11	408.85	365.82	316.49
Selling, General & Admin	180.86	165.79	155.66	137.61	125.94	109.2
Research & Development	139.53	137.69	126.81	111.88	97.63	84.28
Operating Expenses	326.81	309.78	288.23	256.15	231.48	202.42
Operating Income	276.41	261.6	209.88	152.7	134.33	114.06
Interest & Investment Income	4.44	6.03	5.3	0.6	0.07	0.1
Currency Exchange Gain (Loss)	2.2	-1	-1.5	4.7	-0.2	-0.4
Other Non Operating Income (Expenses)	0.02	0.19	-0.01	0.13	-0.13	0.02
EBT Excluding Unusual Items	283.07	266.81	213.67	158.12	134.07	113.78
Merger & Restructuring Charges	-2.94	-	-	-	-	-
Pretax Income	280.13	266.81	213.67	158.12	134.07	113.78
Income Tax Expense	64.12	48.45	37.1	29.16	23.6	26.54
Net Income	216.01	218.36	176.57	128.96	110.47	87.24
Net Income to Common	216.01	218.36	176.57	128.96	110.47	87.24
Net Income Growth	-1.40%	23.67%	36.92%	16.73%	26.63%	1.72%
Shares Outstanding (Basic)	61	61	62	63	63	64
Shares Outstanding (Diluted)	61	62	63	63	64	64
Shares Change (YoY)	-1.51%	-0.68%	-1.26%	-1.42%	-0.02%	-1.18%
EPS (Basic)	3.56	3.56	2.86	2.05	1.74	1.37
EPS (Diluted)	3.52	3.51	2.82	2.03	1.72	1.36
EPS Growth	0.28%	24.47%	38.92%	18.02%	26.47%	3.03%
Free Cash Flow	333.2	286.33	241.49	173.04	181.17	138.16
Free Cash Flow Per Share	5.42	4.61	3.86	2.73	2.82	2.15
Gross Margin	56.54%	54.82%	53.63%	53.30%	55.12%	53.97%
Operating Margin	25.91%	25.10%	22.60%	19.91%	20.24%	19.45%
Profit Margin	20.25%	20.95%	19.01%	16.81%	16.65%	14.88%
Free Cash Flow Margin	31.23%	27.47%	26.00%	22.56%	27.30%	23.56%
EBITDA	282.83	267.9	215.63	159.36	142.25	123.01
EBITDA Margin	26.51%	25.70%	23.22%	20.77%	21.43%	20.98%
D&A For EBITDA	6.42	6.3	5.75	6.66	7.91	8.95
EBIT	276.41	261.6	209.88	152.7	134.33	114.06
EBIT Margin	25.91%	25.10%	22.60%	19.91%	20.24%	19.45%
Effective Tax Rate	22.89%	18.16%	17.36%	18.44%	17.60%	23.32%
Revenue as Reported	1,067	1,042	928.73	767.08	663.64	586.37
Advertising Expenses	-	1.8	2.4	2.3	2.3	1.6

Updated Oct 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q