Manhattan Associates Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,101	1,081	1,042	928.73	767.08	663.64
Revenue Growth (YoY)	4.78%	3.74%	12.23%	21.07%	15.59%	13.18%
Cost of Revenue	484.41	472.34	470.98	430.61	358.24	297.83
Gross Profit	616.41	609.05	571.37	498.11	408.85	365.82
Selling, General & Admin	181.12	174.94	165.79	155.66	137.61	125.94
Depreciation & Amortization Expenses	6.61	6.32	6.3	5.75	6.66	7.91
Research & Development	147.11	145.06	137.69	126.81	111.88	97.63
Other Operating Expenses	0.01	2.94	-	-	-	-
Total Operating Expenses	334.84	329.25	309.78	288.23	256.15	231.48
Operating Income	281.57	279.8	261.6	209.88	152.7	134.33
Interest Income	-	4.39	6.03	5.3	0.6	0.07
Other Non-Operating Income (Expense)	4.71	1.71	-0.81	-1.51	4.83	-0.33
Total Non-Operating Income (Expense)	4.71	6.09	5.22	3.79	5.42	-0.26
Pretax Income	290.66	285.89	266.81	213.67	158.12	134.07
Provision for Income Taxes	74	65.95	48.45	37.1	29.16	23.6
Net Income	216.66	219.95	218.36	176.57	128.96	110.47
Net Income to Common	216.66	219.95	218.36	176.57	128.96	110.47
Net Income Growth	-0.22%	0.73%	23.67%	36.92%	16.73%	26.63%
Shares Outstanding (Basic)	60	60	61	62	63	63
Shares Outstanding (Diluted)	61	61	62	63	63	64
Shares Change (YoY)	-1.98%	-1.82%	-0.68%	-1.26%	-1.42%	-0.02%
EPS (Basic)	3.61	3.64	3.56	2.86	2.05	1.74
EPS (Diluted)	3.57	3.60	3.51	2.82	2.03	1.72
EPS Growth	2.00%	2.56%	24.47%	38.92%	18.02%	26.47%
Shares Outstanding	59.16	59.85	60.92	61.57	62.19	63.15
Free Cash Flow	379.59	374.01	286.33	241.49	173.04	181.17
Free Cash Flow Growth	1.49%	30.62%	18.57%	39.55%	-4.48%	31.13%
Free Cash Flow Per Share	6.26	6.13	4.60	3.86	2.73	2.82
Gross Margin	56.00%	56.32%	54.82%	53.63%	53.30%	55.12%
Operating Margin	25.58%	25.87%	25.10%	22.60%	19.91%	20.24%
Profit Margin	19.68%	20.34%	20.95%	19.01%	16.81%	16.65%
FCF Margin	34.48%	34.59%	27.47%	26.00%	22.56%	27.30%
EBITDA	288.17	286.12	267.9	215.63	159.36	142.25
EBITDA Margin	26.18%	26.46%	25.70%	23.22%	20.78%	21.43%
EBIT	281.57	279.8	261.6	209.88	152.7	134.33
EBIT Margin	25.58%	25.87%	25.10%	22.60%	19.91%	20.24%
Effective Tax Rate	25.46%	23.07%	18.16%	17.36%	18.44%	17.60%

Updated Apr 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q