MANH

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Manhattan Associates, Inc.

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Key Metrics

Previous Close: $205.99
52-Week Range: $119.06 – $220.31
Market Cap: $12.31B
P/E (TTM): 60.52
EPS (TTM): 3.49
Dividend Yield: —

Advanced Metrics

Price/Book: 78.17
PEG Ratio: 2.48
Return on Equity: 96.38%
Return on Assets: 24.45%
Gross Margin: 55.81%
Operating Margin: 25.01%
Profit Margin: 18.67%
Current Ratio: 0.98
Debt/Equity: 0.34
Total Debt: $53.88M
Free Cash Flow: $321.12M
Revenue Growth: 9.30%
Earnings Growth: -8.60%
Enterprise Value: $12.18B

MANH Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$767.08M	$928.73M	$1.04B	$1.08B
Cost of Revenue	$358.24M	$430.61M	$470.98M	$472.34M
Gross Profit	$408.85M	$498.11M	$571.37M	$609.05M
Research & Development	$111.88M	$126.81M	$137.69M	$145.06M
Selling, General & Admin	$137.61M	$155.66M	$165.79M	$174.94M
Operating Expenses	$256.15M	$288.23M	$309.78M	$326.32M
Operating Income	$152.70M	$209.88M	$261.60M	$282.74M
EBITDA	$159.36M	$215.63M	$267.90M	$289.05M
Pretax Income	$158.12M	$213.67M	$266.81M	$285.89M
Income Tax	$29.16M	$37.10M	$48.45M	$65.95M
Net Income	$128.96M	$176.57M	$218.36M	$219.95M
Diluted EPS	2.03	2.82	3.51	3.60
Diluted Shares	63.41M	62.61M	62.18M	61.05M

MANH Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$225.46M	$270.74M	$266.23M	$328.75M
Receivables	$167.41M	$182.54M	$210.67M	$221.40M
Current Assets	$415.38M	$479.19M	$503.26M	$583.34M
Total Assets	$570.18M	$673.35M	$757.55M	$839.39M
Current Liabilities	$315.60M	$365.92M	$400.30M	$455.91M
Total Debt	$14.06M	$17.69M	$47.79M	$56.18M
Total Liabilities	$343.38M	$395.07M	$458.43M	$524.62M
Retained Earnings	$253.71M	$304.70M	$329.44M	$345.10M
Shareholders' Equity	$226.80M	$278.28M	$299.13M	$314.76M
Working Capital	$99.78M	$113.28M	$102.96M	$127.42M

MANH Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$179.63M	$246.22M	$295.00M	$389.47M
Capital Expenditure	-$6.59M	-$4.73M	-$8.68M	-$15.46M
Free Cash Flow	$173.04M	$241.49M	$286.33M	$374.01M
Depreciation & Amortisation	$6.66M	$5.75M	$6.30M	$6.32M
Stock-Based Compensation	$59.36M	$71.57M	$93.21M	$111.26M
Investing Cash Flow	-$6.59M	-$4.73M	-$8.68M	-$15.46M
Financing Cash Flow	-$204.46M	-$196.05M	-$286.37M	-$315.16M
Share Repurchases	-$204.46M	-$196.05M	-$286.37M	-$315.16M
Net Change in Cash	-$31.42M	$45.44M	-$38.00K	$58.85M

MANH Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$272.42M	$275.80M	$270.39M	$282.21M	$297.79M
Cost of Revenue	$116.22M	$119.81M	$121.75M	$126.64M	$129.46M
Gross Profit	$156.21M	$155.98M	$148.64M	$155.57M	$168.33M
Research & Development	$34.87M	$36.36M	$38.53M	$37.35M	$34.77M
Selling, General & Admin	$45.95M	$42.13M	$41.57M	$51.46M	$57.44M
Operating Expenses	$82.41M	$80.16M	$81.63M	$90.64M	$93.84M
Operating Income	$73.80M	$75.83M	$67.01M	$64.94M	$74.49M
EBITDA	$75.38M	$77.49M	$68.54M	$66.77M	$76.13M
Pretax Income	$74.50M	$78.43M	$68.45M	$69.27M	$67.21M
Income Tax	$17.72M	$19.80M	$16.50M	$19.98M	$16.86M
Net Income	$56.78M	$58.63M	$51.95M	$49.30M	$50.35M
Diluted EPS	0.93	0.96	0.86	0.82	0.85
Diluted Shares	61.07M	60.95M	60.64M	60.04M	59.00M

MANH Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$230.59M	$263.56M	$328.75M	$226.13M	$186.11M
Receivables	$209.84M	$219.56M	$221.40M	$227.11M	$218.88M
Current Assets	$483.35M	$525.77M	$583.34M	$515.82M	$467.06M
Total Assets	$744.68M	$768.82M	$839.39M	$740.54M	$698.65M
Current Liabilities	$407.17M	$400.41M	$455.91M	$467.40M	$475.05M
Total Debt	$48.59M	$47.71M	$56.18M	$55.69M	$53.88M
Total Liabilities	$465.93M	$459.61M	$524.62M	$535.36M	$541.14M
Retained Earnings	$304.48M	$338.69M	$345.10M	$240.58M	$193.95M
Shareholders' Equity	$278.76M	$309.22M	$314.76M	$205.18M	$157.51M
Working Capital	$76.18M	$125.36M	$127.42M	$48.42M	-$7.99M

MANH Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$74.05M	$93.11M	$147.05M	$84.05M	$90.68M
Capital Expenditure	-$3.98M	-$5.93M	-$4.66M	-$4.10M	-$1.00M
Free Cash Flow	$70.07M	$87.18M	$142.39M	$79.94M	$89.67M
Depreciation & Amortisation	$1.58M	$1.66M	$1.53M	$1.83M	$1.63M
Stock-Based Compensation	$24.27M	$27.58M	$30.59M	$26.52M	$29.36M
Investing Cash Flow	-$3.98M	-$5.93M	-$4.66M	-$4.10M	-$1.00M
Financing Cash Flow	-$50.19M	-$51.55M	-$76.97M	-$179.39M	-$127.09M
Share Repurchases	-$50.19M	-$51.55M	-$76.97M	-$179.39M	-$127.09M
Net Change in Cash	$19.88M	$35.63M	$65.42M	-$99.44M	-$37.41M

Market Snapshot

About

Manhattan Associates, Inc. provides supply chain and warehouse management software solutions. The company offers cloud-based platforms for inventory optimization, order management, and transportation logistics. Manhattan Associates serves retailers, manufacturers, and logistics providers globally with enterprise-level software.