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Manhattan Associates MANH Service Other — Provision For Doubtful Accounts

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Other financials

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

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Market cap$11.2B-14.3%
Enterprise value$11.07B-14.1%
P/E53.3×-5.8×
P/S9.9×-2.4×

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

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

Where this comes from

Reported directly by Manhattan Associates in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

The source filing: Manhattan Associates’s 10-Q, filed April 24, 2026.

Filed
Apr 24, 2026, 10:08 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-175715

We also adjust accounts receivable with a corresponding adjustment in services revenue for the most likely amount of potential service revenue adjustments based on a detailed assessment of accounts receivable. The total amount recorded to services revenue was a $1.1 million reduction and $0.2 million reduction for the three months ended March 31, 2026 and 2025, respectively. As of March 31, 2026 and December 31, 2025, we have reduced our accounts receivable balance by $2.8 million and $1.9 million, respectively, for these potential adjustments.

Item 1. Financial Statements

FAQ

What is Manhattan Associates's service other — provision for doubtful accounts?
Manhattan Associates (MANH) reported service other — provision for doubtful accounts of -$1.1M in Q1 2026.
How has Manhattan Associates's service other — provision for doubtful accounts changed year-over-year?
Manhattan Associates's service other — provision for doubtful accounts decreased by 650.0% year-over-year, from $200K to -$1.1M.
What is the long-term trend for Manhattan Associates's service other — provision for doubtful accounts?
Over 4 years (2021 to 2025), Manhattan Associates's service other — provision for doubtful accounts has grown at a -15.1% compound annual growth rate (CAGR), from $2.5M to $1.3M.
What does service other — provision for doubtful accounts mean?
This metric represents the expense recognized by the company to account for expected credit losses on receivables specifically associated with the 'Service Other' segment. It reflects management's estimate of the portion of accounts receivable that may become uncollectible due to customer credit risk or disputes. A high or rising provision indicates potential deterioration in the credit quality of the customer base or challenges in the billing and collection process for these specific services.

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