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Manhattan Associates

MANH

Manhattan Associates is a global provider of supply chain, inventory, and omnichannel commerce solutions.

Market cap
$10.92B-16.4%
Revenue$1.1B+6.5%
Net income$210.2M-4.9%
Free cash flow$391.0M+27.2%
EPS (diluted)$3.48-2.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$296.8M
EPS estimate$1.45

Financials

Q2 2026

Income statement

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Revenue$297.8M+9.3%
Gross profit$168.9M+8.1%
Operating income$66.2M-10.2%
Net income$50.4M-11.3%
EPS (diluted)$0.85-8.6%

Balance sheet

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Cash & equivalents$186.1M-19.3%
Total debt$53.9M+10.9%
Total equity$157.5M-43.5%
Total assets$698.6M-6.2%

Cash flow

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Operating cash flow$90.7M+22.5%
CapEx-$9.2M-331%
Free cash flow$81.5M+16.3%

Valuation & ratios

Valuation

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Market cap$10.92B-16.4%
Enterprise value$10.78B-17.3%
P/E51.9×-7.8×
P/S9.7×-2.8×

Profitability

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Gross margin55.9%-0.4pp
Operating margin24.3%-1.5pp
Net margin18.7%-2.2pp
FCF margin34.7%+5.7pp

Returns & leverage

See full
Return on equity96.4%+11.2pp
Debt / equity0.3×+0.2×
Current ratio-0.2×

Segments

By product

See full
Cloud Subscriptions$126.7M+26.2%
Maintenance$30.5M-12.9%
Hardware$5.6M-14.4%

By geography

See full
Americas$227.0M+9.9%
EMEA$55.4M+5.9%

Competitors

Profile

Manhattan Associates is a global provider of supply chain, inventory, and omnichannel commerce solutions. The company develops and delivers cloud-native, subscription-based software designed to optimize distribution, transportation, and retail operations for manufacturers, wholesalers, and retailers. Its core value proposition centers on a unified, versionless architecture that provides seamless innovation and end-to-end visibility across the commercial network.

Competitive position

A leading global provider of supply chain and omnichannel solutions, distinguished by its cloud-native 'versionless' architecture and deep domain expertise.

GeographiesNorth America, Latin America, Europe, Middle East, Africa, Asia Pacific
Customer segmentsEnterprise, Retailers, Manufacturers, Third-party logistics (3PL)
Business modelSubscription SaaS, Professional Services, Software Licensing, Hardware Resale
SuppliersCloud infrastructure providers, Third-party hardware manufacturers, Large language model providers
CustomersRetailers, Wholesalers, Manufacturers, Logistics service providers, Government agencies
Listed1998
Employees4.7K
CEOEric A. Clark
Websitemanh.com
FilingsSEC EDGAR

FAQ

What is Manhattan Associates's market cap?
Manhattan Associates (MANH) has a market capitalization of $10.9B and trades on NASDAQ.
What is Manhattan Associates's revenue and profitability?
Manhattan Associates generated $1.1B in trailing twelve-month revenue with net income of $210.2M, representing a net margin of 18.7%. Gross margin stands at 55.9%, with free cash flow of $391.0M. These figures are based on the Q2 2026 filing.
Who are Manhattan Associates's competitors?
Manhattan Associates's key competitors include Salesforce, Oracle, IBM, and others. These companies compete in similar markets and product categories.
Who does Manhattan Associates partner with?
Manhattan Associates's notable partners include Google Cloud, Microsoft, Deloitte, and others.
Where is Manhattan Associates headquartered?
Manhattan Associates is headquartered in United States of America and employs approximately 4,700 people. It has been publicly traded since 1998.