Growth Metrics

Manhattan Associates (MANH) Cost of Revenue (2016 - 2025)

Manhattan Associates (MANH) has disclosed Cost of Revenue for 16 consecutive years, with -$30.6 million as the latest value for Q4 2025.

  • Quarterly Cost of Revenue fell 138.01% to -$30.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $182.9 million through Dec 2025, down 37.95% year-over-year, with the annual reading at $320.0 million for FY2025, 5.44% up from the prior year.
  • Cost of Revenue for Q4 2025 was -$30.6 million at Manhattan Associates, down from $18.1 million in the prior quarter.
  • The five-year high for Cost of Revenue was $118.7 million in Q3 2024, with the low at -$30.6 million in Q4 2025.
  • Average Cost of Revenue over 5 years is $62.8 million, with a median of $70.2 million recorded in 2021.
  • The sharpest move saw Cost of Revenue skyrocketed 540.81% in 2023, then plummeted 138.01% in 2025.
  • Over 5 years, Cost of Revenue stood at $60.9 million in 2021, then tumbled by 72.67% to $16.7 million in 2022, then surged by 540.81% to $106.7 million in 2023, then dropped by 24.59% to $80.5 million in 2024, then plummeted by 138.01% to -$30.6 million in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods came in at -$30.6 million, $18.1 million, and $80.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.