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Manhattan Associates, Inc. (MANH)
NASDAQ: MANH · Real-Time Price · USD
258.86
+1.32 (0.51%)
At close: Nov 11, 2026, 4:00 PM EST
259.02
+0.16 (0.06%)
After-hours: Nov 11, 2026, 7:30 PM EST

Manhattan Associates Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,1571,0811,042928.73767.08663.64
Revenue Growth
8.42%3.74%12.23%21.07%15.59%13.18%
Gross Profit
646.85609.05571.37498.11408.85365.82
Operating Income
287.44282.74261.6209.88152.7134.33
Net Income
212.94219.95218.36176.57128.96110.47
Earnings Per Share
3.573.603.512.822.031.72
EPS Growth
1.43%2.56%24.47%38.92%18.02%26.47%

Revenue by Segment
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cloud Subscriptions
486.84408.14337.2254.61176.46122.2
Software License
10.4314.8215.0918.2124.8537.07
Maintenance
122.62129.97138.3143.94142.2145.84
Services
513.19503.04525.52487.87394.1334.8
Hardware
23.525.4226.2424.129.4823.74
Revenue (Total)
1,1571,0811,042928.73767.08663.64

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
199.45328.75266.23270.74225.46263.71
Total Debt
51.7461.0647.7917.6914.0723.16
Net Cash (Debt)
147.71267.68218.44253.05211.4240.55
Net Cash Growth
-31.57%22.55%-13.68%19.70%-12.12%36.01%
Net Cash Per Share
2.484.383.514.043.333.74

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
390.36389.47295246.22179.63185.18
Capital Expenditures
-10.76-15.46-8.68-4.73-6.59-4.02
Free Cash Flow
379.61374.01286.33241.49173.04181.17
Free Cash Flow Growth
13.93%30.62%18.57%39.55%-4.48%31.13%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
55.93%56.32%54.82%53.63%53.30%55.12%
Operating Margin
24.85%26.15%25.10%22.60%19.91%20.24%
Pretax Margin
24.89%26.44%25.60%23.01%20.61%20.20%
Profit Margin
18.41%20.34%20.95%19.01%16.81%16.65%
FCF Margin
32.82%34.59%27.47%26.00%22.56%27.30%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
72.5447.4875.5875.0858.7489.07
Forward PE
43.0533.5356.8160.8948.3578.65
P/FCF Ratio
39.5927.9257.6454.8943.7854.31
PS Ratio
13.009.6615.8314.279.8814.83