Manhattan Associates Cash Flow 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	Jun '26 Jun 30, 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
Net Income	210.23	219.95	218.36	176.57	128.96	110.47
Depreciation & Amortization	6.66	6.32	6.3	5.75	6.66	7.91
Stock-Based Compensation	114.04	111.26	93.21	71.57	59.36	43.26
Other Adjustments	45.91	18.07	-29.2	-27.51	-31.32	-2.4
Change in Receivables	-10.2	-3.58	-26.7	-13.08	-44.06	-16.65
Changes in Accounts Payable	32.9	-0.23	1.25	18.12	11.79	12.26
Changes in Income Taxes Payable	-10.77	0.32	-6.24	-1.42	0.77	-3.67
Changes in Unearned Revenue	44.44	52.1	42.19	27.14	57.71	40.53
Changes in Other Operating Activities	-18.31	-14.73	-4.16	-10.93	-10.25	-6.53
Operating Cash Flow	414.89	389.47	295	246.22	179.63	185.18
Operating Cash Flow Growth	31.16%	32.02%	19.81%	37.07%	-3.00%	31.44%
Capital Expenditures	-15.69	-15.46	-8.68	-4.73	-6.59	-4.02
Investing Cash Flow	-15.69	-15.46	-8.68	-4.73	-6.59	-4.02
Repurchase of Common Stock	-435	-315.16	-286.37	-196.05	-204.46	-120.42
Net Common Stock Issued (Repurchased)	-435	-315.16	-286.37	-196.05	-204.46	-120.42
Financing Cash Flow	-435	-315.16	-286.37	-196.05	-204.46	-120.42
Foreign Exchange Rate Adjustments	-8.67	3.67	-4.47	-0.16	-6.83	-1.75
Net Cash Flow	-44.48	62.52	-4.51	45.28	-38.24	59
Free Cash Flow	399.19	374.01	286.33	241.49	173.04	181.17
Free Cash Flow Growth	29.90%	30.62%	18.57%	39.55%	-4.48%	31.13%
FCF Margin	35.45%	34.59%	27.47%	26.00%	22.56%	27.30%
Free Cash Flow Per Share	6.64	6.13	4.60	3.86	2.73	2.82
Levered Free Cash Flow	249.45	248.27	249.03	210.51	189.05	156.96
Unlevered Free Cash Flow	242.5	243.58	244.76	207.38	184.63	157.17

SEC Filings: 10-K · 10-Q