Manhattan Associates (MANH) Cash from Operations (2010 - 2026)
Manhattan Associates (MANH) posted Cash from Operations of $68.59 million for Q3 2026, down 26.3% from $93.11 million a year earlier and down 24.4% from the prior quarter.
Manhattan Associates (MANH) Cash from Operations (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cash from Operations at Manhattan Associates was $390.36 million, up 12.5% year-over-year; for FY2025, it came in at $389.47 million, up 32.0% from FY2024.
- Annual Cash from Operations has increased for three consecutive years, with a five-year compound annual growth rate of 22.6% (FY2020 to FY2025).
- In prior years, Manhattan Associates' Cash from Operations was $295 million in FY2024 (+19.8%), $246.22 million in FY2023 (+37.1%), $179.63 million in FY2022 (-3.0%) and $185.18 million in FY2021 (+31.4%).
- The Q3 2026 figure stands as the lowest quarterly Cash from Operations since Q3 2024.
- On a year-over-year basis, Cash from Operations increased in seven of the last eight quarters, with growth averaging 19.3%.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q1 2023, with growth of 84.7%; the weakest was Q3 2022, with a decline of 33.1%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $90.68 million (Q2 2026), $84.05 million (Q1 2026) and $147.05 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | -127,466.00 |
| 2 | Veeva Systems | 49.70 Bn | 21.94 Bn | 695.95 Mn | 238.71 Mn |
| 3 | Samsara | 24.71 Bn | 21.48 Bn | 392.58 Mn | 73.52 Mn |
| 4 | Ptc | 22.46 Bn | 21.27 Bn | 490.47 Mn | 260.63 Mn |
| 5 | Toast | 20.17 Bn | 12.81 Bn | 543.00 Mn | 198.00 Mn |
| 6 | Manhattan Associates | 14.80 Bn | 13.86 Bn | 174.30 Mn | 68.59 Mn |
| 7 | Bentley Systems | 14.11 Bn | 13.58 Bn | 349.55 Mn | 109.43 Mn |
| 8 | Trimble | 12.72 Bn | 11.80 Bn | 659.10 Mn | 149.70 Mn |
| 9 | Costar | 12.56 Bn | 7.94 Bn | 741.00 Mn | 188.00 Mn |
| 10 | Procore Technologies | 11.50 Bn | 8.87 Bn | 323.62 Mn | 95.69 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 68.59 Mn |
| Jun 30, 2026 | 90.68 Mn |
| Mar 31, 2026 | 84.05 Mn |
| Dec 31, 2025 | 147.05 Mn |
| Sep 30, 2025 | 93.11 Mn |
| Jun 30, 2025 | 74.05 Mn |
| Mar 31, 2025 | 75.26 Mn |
| Dec 31, 2024 | 104.70 Mn |
| Sep 30, 2024 | 62.30 Mn |
| Jun 30, 2024 | 73.26 Mn |
| Mar 31, 2024 | 54.74 Mn |
| Dec 31, 2023 | 88.36 Mn |
| Sep 30, 2023 | 58.57 Mn |
| Jun 30, 2023 | 40.57 Mn |
| Mar 31, 2023 | 58.72 Mn |
| Dec 31, 2022 | 55.23 Mn |
| Sep 30, 2022 | 39.92 Mn |
| Jun 30, 2022 | 52.69 Mn |
| Mar 31, 2022 | 31.79 Mn |
| Dec 31, 2021 | 40.10 Mn |
Manhattan Associates Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=MANH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "MANH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=MANH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();