MANH
$198.70-0.70%
as of close, Sep 30, 2026
☾ AH $198.70 -0.70%
Manhattan Associates Inc.Stock · TechnologyRussell 1000 0.01%Russell 3000 0.01%US Stock Market 0.01%
MANH financial statements
The full income statement, balance sheet, and cash-flow statement for Manhattan Associates Inc. (MANH), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 61.2M2024-09 61.1M2024-12 61.1M2025-03 60.7M2025-06 60.5M2025-09 60.3M2025-12 59.8M2026-03 59.2M2026-06 58.3M-4.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.08B+3.7% | 1.04B+12.2% | 929M+21.1% | 767M+15.6% | 664M+13.2% | |
| Cost of revenue | 472M+0.3% | 471M+9.4% | 431M+20.2% | 358M+20.3% | 298M+10.4% | |
| Research & development | 145M+5.4% | 138M+8.6% | 127M+13.4% | 112M+14.6% | 97.6M+15.8% | |
| Selling, general & administrative | 93.8M+4.4% | 89.8M+10.6% | 81.2M+11.1% | 73.1M+7.3% | 68.1M+10.8% | |
| General & administrative | 93.8M+4.4% | 89.8M+10.6% | 81.2M+11.1% | 73.1M+7.3% | 68.1M+10.8% | |
| Selling & marketing | 81.2M+6.8% | 76.0M+2.0% | 74.5M+15.4% | 64.5M+11.5% | 57.9M+21.1% | |
| Restructuring | 2.94M | — | — | — | — | |
| Provision for credit losses | — | — | — | 5.40M+116.0% | 2.50M-28.6% | |
| Operating income | 280M+7.0% | 262M+24.6% | 210M+37.4% | 153M+13.7% | 134M+17.8% | |
| Net interest income | 4.39M-27.2% | 6.03M+13.7% | 5.30M+789.9% | 596K+776.5% | 68.0K-30.6% | |
| Other non-operating income | 1.71M+310.2% | -811K+46.4% | -1.51M-131.4% | 4.83M+1566.6% | -329K+14.1% | |
| Pre-tax income | 286M+7.2% | 267M+24.9% | 214M+35.1% | 158M+17.9% | 134M+17.8% | |
| Income tax | 65.9M+36.1% | 48.5M+30.6% | 37.1M+27.2% | 29.2M+23.6% | 23.6M-11.1% | |
| Net income | 220M+0.7% | 218M+23.7% | 177M+36.9% | 129M+16.7% | 110M+26.6% | |
| $3.60+2.6% | $3.51+24.5% | $2.82+38.9% | $2.03+18.0% | $1.72+26.5% | ||
| EPS (basic) | $3.64+2.2% | $3.56+24.5% | $2.86+39.5% | $2.05+17.8% | $1.74+27.0% | |
| Weighted-avg shares (basic) | 60.5M-1.4% | 61.3M-0.8% | 61.8M-1.5% | 62.8M-1.1% | 63.4M-0.1% | |
| Weighted-avg shares (diluted) | 61.1M-1.8% | 62.2M-0.7% | 62.6M-1.3% | 63.4M-1.4% | 64.3M-0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 583M+15.9% | 503M+5.0% | 479M+15.4% | 415M+1.7% | 408M+22.3% | ||
| Cash & equivalents | 329M+23.5% | 266M-1.7% | 271M+20.1% | 225M-14.5% | 264M+28.8% | |
| Accounts receivable | 215M+4.5% | 205M+13.4% | 181M+8.6% | 167M+34.0% | 124M+13.9% | |
| Prepaid expenses | 39.9M+26.5% | 31.6M+15.7% | 27.3M+17.8% | 23.1M+14.1% | 20.3M+0.8% | |
| Other current assets | 6.15M+48.6% | 4.14M-20.3% | 5.20M+43.7% | 3.61M+462.1% | 643K-81.9% | |
| 839M+10.8% | 758M+12.5% | 673M+18.1% | 570M+5.6% | 540M+16.0% | ||
| Property, plant & equipment | 23.1M+65.5% | 14.0M+18.4% | 11.8M-7.9% | 12.8M-7.8% | 13.9M-22.4% | |
| Operating lease right-of-use | 50.4M+5.3% | 47.9M+121.4% | 21.6M+21.6% | 17.8M-34.8% | 27.3M-13.3% | |
| Goodwill | 62.2M+0.0% | 62.2M-0.0% | 62.2M+0.0% | 62.2M-0.0% | 62.2M-0.0% | |
| Long-term investments | — | — | — | 0.00 | 0.00 | |
| Deferred tax assets | 75.9M-19.7% | 94.5M+43.1% | 66.0M+77.5% | 37.2M+386.4% | 7.65M+32.8% | |
| Other non-current assets | 44.3M+24.3% | 35.7M+9.9% | 32.4M+31.0% | 24.8M+22.4% | 20.2M+44.7% | |
| 456M+13.9% | 400M+9.4% | 366M+15.9% | 316M+26.7% | 249M+26.4% | ||
| Accounts payable | 22.2M-16.7% | 26.6M+8.6% | 24.5M-4.6% | 25.7M+31.0% | 19.6M+10.2% | |
| Deferred revenue | 337M+21.3% | 278M+16.9% | 238M+13.9% | 209M+36.3% | 153M+34.2% | |
| Current lease liability | 4.88M+38.3% | 3.53M-45.1% | 6.43M+7.8% | 5.96M-12.5% | 6.81M+3.7% | |
| Other current liabilities | — | — | — | — | 22.7M | |
| Non-current lease liability | 56.2M+17.5% | 47.8M+170.1% | 17.7M+25.8% | 14.1M-39.3% | 23.2M-16.8% | |
| Operating lease liability (total) | 61.1M+19.0% | 51.3M+112.8% | 24.1M+20.4% | 20.0M-33.2% | 30.0M-12.9% | |
| Other non-current liabilities | 12.5M+21.3% | 10.3M-9.9% | 11.5M-16.4% | 13.7M-18.7% | 16.9M-22.2% | |
| 315M+5.2% | 299M+7.5% | 278M+22.7% | 227M-9.5% | 251M+14.5% | ||
| Common stock | 598K-1.8% | 609K-1.0% | 615K-1.0% | 621K-1.6% | 631K-0.6% | |
| Retained earnings | 345M+4.8% | 329M+8.1% | 305M+20.1% | 254M-6.0% | 270M+14.1% | |
| Accumulated other comprehensive income | -30.9M-0.0% | -30.9M-14.4% | -27.0M+1.8% | -27.5M-38.9% | -19.8M-8.6% | |
| Total liabilities & equity | 839M+10.8% | 758M+12.5% | 673M+18.1% | 570M+5.6% | 540M+16.0% | |
| Common shares issued | 59.8M-1.8% | 60.9M-1.0% | 61.6M-1.0% | 62.2M-1.5% | 63.2M-0.6% | |
| Common shares outstanding | 59.8M-1.8% | 60.9M-1.0% | 61.6M-1.0% | 62.2M-1.5% | 63.2M-0.6% | |
| Shares outstanding (cover) | 59.8M-2.1% | 61.1M-0.7% | 61.6M-1.5% | 62.5M-1.0% | 63.2M-1.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 389M+32.0% | 295M+19.8% | 246M+37.1% | 180M-3.0% | 185M+31.4% | ||
| Depreciation & amortization | 6.32M+0.3% | 6.30M+9.5% | 5.75M-13.7% | 6.66M-15.8% | 7.91M-11.5% | |
| Share-based compensation | 111M+19.4% | 93.2M+30.2% | 71.6M+20.6% | 59.4M+37.2% | 43.3M+29.7% | |
| Deferred income taxes | 18.3M+163.9% | -28.7M+0.5% | -28.8M+2.9% | -29.7M-1432.3% | -1.94M-287.2% | |
| Change in receivables | 3.58M-86.6% | 26.7M+104.1% | 13.1M-70.3% | 44.1M+164.6% | 16.6M+152.6% | |
| -15.5M-78.2% | -8.68M-83.4% | -4.73M+28.2% | -6.59M-64.0% | -4.02M-47.1% | ||
| Capital expenditure | 15.5M+78.2% | 8.68M+83.4% | 4.73M-28.2% | 6.59M+64.0% | 4.02M+47.1% | |
| Free cash flow | 374M+30.6% | 286M+18.6% | 241M+39.6% | 173M-4.5% | 181M+31.1% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| -315M-10.1% | -286M-46.1% | -196M+4.1% | -204M-69.8% | -120M-176.4% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 315M+10.1% | 286M+46.1% | 196M-4.1% | 204M+69.8% | 120M+176.4% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | 62.5M+1485.9% | -4.51M-110.0% | 45.3M+218.4% | -38.2M-164.8% | 59.0M-37.3% | |
| Income taxes paid | 47.3M-43.3% | 83.4M+23.8% | 67.4M+16.1% | 58.0M+99.0% | 29.2M+22.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 10.4B-37.2% | 16.5B+24.6% | 13.3B+75.0% | 7.57B-22.9% | 9.82B+46.3% | |
| P/E | 47.2×-37.7% | 75.6×-5.4% | 80.0×+17.9% | 67.8×-23.7% | 88.9×+15.6% | |
| P/S | 9.6×-39.5% | 15.8×+6.2% | 14.9×+45.8% | 10.2×-30.9% | 14.8×+29.3% | |
| P/B | 33.0×-40.3% | 55.2×-12.5% | 63.1×+65.0% | 38.2×-2.4% | 39.2×+27.8% | |
| P/FCF | 27.7×-51.9% | 57.7×-9.5% | 63.8×+33.4% | 47.8×-11.8% | 54.2×+11.6% | |
| Earnings yield | 2.1%+60.4% | 1.3%+5.8% | 1.2%-15.2% | 1.5%+31.0% | 1.1%-13.5% | |
| FCF yield | 3.6%+108.0% | 1.7%+10.5% | 1.6%-25.0% | 2.1%+13.4% | 1.8%-10.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: MANH’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MANH filings on SEC EDGAR → Not investment advice.