Manhattan Associates, Inc. (MANH)
NASDAQ: MANH · Real-Time Price · USD
191.36
+0.39 (0.20%)
Jul 31, 2026, 4:00 PM EDT - Market closed

Manhattan Associates Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,1261,0811,042928.73767.08663.64
Revenue Growth
6.48%3.74%12.23%21.07%15.59%13.18%
Gross Profit
628.53609.05571.37498.11408.85365.82
Operating Income
274.01279.8261.6209.88152.7134.33
Net Income
210.23219.95218.36176.57128.96110.47
Earnings Per Share
3.493.603.512.822.031.72
EPS Growth
-2.51%2.56%24.47%38.92%18.02%26.47%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cloud Subscriptions
457.26408.14337.2254.61176.46122.2
Software License
8.1614.8215.0918.2124.8537.07
Maintenance
123.89129.97138.3143.94142.2145.84
Services
511.78503.04525.52487.87394.1334.8
Hardware
25.1125.4226.2424.129.4823.74
Revenue (Total)
1,1261,0811,042928.73767.08663.64

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
186.11328.75266.23270.74225.46263.71
Total Debt
53.8856.1847.7917.6914.0723.16
Net Cash (Debt)
132.23272.57218.44253.05211.4240.55
Net Cash Growth
-27.35%24.78%-13.68%19.70%-12.12%36.01%
Net Cash Per Share
2.204.463.514.043.333.74

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
414.89389.47295246.22179.63185.18
Capital Expenditures
-15.69-15.46-8.68-4.73-6.59-4.02
Free Cash Flow
399.19374.01286.33241.49173.04181.17
Free Cash Flow Growth
29.90%30.62%18.57%39.55%-4.48%31.13%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
55.81%56.32%54.82%53.63%53.30%55.12%
Operating Margin
24.33%25.87%25.10%22.60%19.91%20.24%
Pretax Margin
25.16%26.44%25.60%23.01%20.61%20.20%
Profit Margin
18.67%20.34%20.95%19.01%16.81%16.65%
FCF Margin
35.45%34.59%27.47%26.00%22.56%27.30%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
54.8048.1476.9976.3559.8090.40
Forward PE
32.9233.5356.8160.8948.3578.65
P/FCF Ratio
27.9527.7357.5054.8943.6354.20
PS Ratio
9.919.5915.7914.279.8414.80