Manhattan Associates, Inc.

MANH Technology Software Application

Manhattan Associates, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 3.75% from fiscal 2024.

Revenue
+11.0%
EPS
+8.25%
Free cash flow
−22.5%

Quarter to September 2026, against a year earlier

251.18 3.99 −1.56%
Market cap
$14.8B
P/E
71.0×
Fwd P/E
68.4×
Dividend yield
—
F-score
7/9
Altman Z
15.13
Beneish M
−3.40
Dividend safety
n/a

Manhattan Associates, Inc. (MANH) Net margin

Alert me on Net margin

Manhattan Associates, Inc.'s net margin over the twelve months to 30 September 2026 was 18.4%, down 1.9 percentage points from fiscal 2025 (20.3%). Over the past ten years it has ranged from 13.9% (fiscal 2019) to 21.0% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 20.3% (0.61)
FY2024 21.0% 1.94
FY2023 19.0% 2.20
FY2022 16.8% 0.16
FY2021 16.7% 1.77
FY2020 14.9% 1.00
FY2019 13.9% (4.84)
FY2018 18.7% (0.87)
FY2017 19.6% (0.96)
FY2016 20.6% 1.95

Quarterly newest first

Period Net margin Change (points)
Sep 2026 20.0% 3.12
Jun 2026 16.9% (0.56)
Mar 2026 17.5% (1.74)
Dec 2025 19.2% (2.05)
43 more quarters

Against its own ten years

Low 13.9% High 21.0%
Ten-year median 18.7%
Current reading's percentile 44

Net margin against peers

Company Net margin
FICO Fair Isaac Corporation compare 34.1%
BSY Bentley Systems, Incorporated compare 19.6%
MANH Manhattan Associates, Inc. 18.4%
GRAB Grab Holdings Limited compare 14.8%
TYL Tyler Technologies, Inc. compare 13.5%
SSNC SS&C Technologies Holdings, Inc. compare 13.2%
DOCU Docusign Inc. compare 9.82%
GWRE Guidewire Software, Inc. compare 9.44%
DT Dynatrace, Inc. compare 7.42%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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