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R&D at other companies

International Business Machines logo
International Business MachinesIBM
$2.17B+11.4%
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SalesforceCRM
$1.63B+11.4%
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OracleORCL
$2.61B-1.5%
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HubSpotHUBS
$234.19M+6.4%
Medline, Inc.
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Medline, Inc. MDLN
$20M+19.4%
PTC logo
PTCPTC
$124.13M+11.8%

Other financials

Income statement

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Revenue$282.2M+7.4%
Gross profit$155.6M+5.0%
Operating income$64.9M+2.8%
Net income$49.3M-6.3%
EPS (diluted)$0.82-3.5%

Balance sheet

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Cash & equivalents$226.1M+9.8%
Total debt$55.7M+18.5%
Total equity$205.2M-16.3%
Total assets$740.5M+4.6%

Cash flow

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Operating cash flow$84.0M+11.7%
CapEx$4.1M+360%
Free cash flow$79.9M+7.5%

Valuation

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Market cap$7.83B-24.7%
Enterprise value$7.66B-25.2%
P/E36.1×-11.7×
P/S7.1×-2.8×

Profitability

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Gross margin56%+0.4pp
Operating margin25.6%+0.2pp
Net margin19.7%-1.0pp
FCF margin34.5%+5.1pp

Returns & leverage

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Return on equity96.2%+6.6pp
Debt / equity0.3×+0.1×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Manhattan Associates in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Manhattan Associates’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Manhattan Associates's R&D?
Manhattan Associates (MANH) reported R&D of $37.35M in Q1 2026.
How has Manhattan Associates's R&D changed year-over-year?
Manhattan Associates's R&D increased by 5.8% year-over-year, from $35.3M to $37.35M.
What is the long-term trend for Manhattan Associates's R&D?
Over 4 years (2021 to 2025), Manhattan Associates's R&D has grown at a 10.4% compound annual growth rate (CAGR), from $97.63M to $145.06M.
What does R&D mean?
Spending dedicated to creating new products and improving existing technology.
How do you interpret R&D?
Higher spending signals a commitment to innovation and future growth, though excessive spending relative to revenue may pressure short-term profitability.
How does R&D compare across companies?
Standard operating expense line item for technology and software firms.