Manhattan Associates (MANH) Cost of Revenue (2010 - 2026)
Manhattan Associates (MANH) reported Cost of Revenue of $126.6 million for Q1 2026, up 501.31% year-over-year from $21.1 million in Q1 2025, and up 58.1% on a QoQ basis from $80.1 million in Q4 2025.
Manhattan Associates (MANH) has 17 years of Cost of Revenue data on file, last reported at $126.6 million in Q1 2026.
- Quarterly Cost of Revenue rose 501.31% year-over-year to $126.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $305.2 million (up 169.17% YoY) and the FY2025 annual result came in at $320.0 million, up 5.44% from the prior year.
- Cost of Revenue improved to $126.6 million in Q1 2026 per MANH's latest filing, from $80.1 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $126.6 million in Q1 2026 and bottomed at -$203.7 million in Q4 2022.
- The 5-year median for Cost of Revenue is $64.3 million (2022), against an average of $40.8 million.
- The widest annual swing landed in 2022, when Cost of Revenue slumped 434.24%; it then surged 501.31% in 2026.
- Tracing MANH's Cost of Revenue over 5 years: stood at -$203.7 million in 2022, then surged by 109.92% to $20.2 million in 2023, then tumbled by 369.71% to -$54.5 million in 2024, then jumped by 246.94% to $80.1 million in 2025, then surged by 58.1% to $126.6 million in 2026.
- Per Business Quant, the three latest MANH Cost of Revenue figures stand at $126.6 million (Q1 2026), $80.1 million (Q4 2025), and $78.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 4.02 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.62 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 940.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 211.49 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.71 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 1.79 Bn |
| 10 | Manhattan Associates | 8.28 Bn | 8.05 Bn | 155.57 Mn | 126.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 126.64 Mn |
| Mar 31, 2026 | 126.64 Mn |
| Dec 31, 2025 | 80.10 Mn |
| Dec 31, 2025 | 80.10 Mn |
| Sep 30, 2025 | 78.50 Mn |
| Sep 30, 2025 | 78.50 Mn |
| Jun 30, 2025 | 19.98 Mn |
| Jun 30, 2025 | 19.98 Mn |
| Mar 31, 2025 | 21.06 Mn |
| Mar 31, 2025 | 21.06 Mn |
| Dec 31, 2024 | -54.51 Mn |
| Dec 31, 2024 | -54.51 Mn |
| Sep 30, 2024 | 71.24 Mn |
| Sep 30, 2024 | 71.24 Mn |
| Jun 30, 2024 | 75.60 Mn |
| Jun 30, 2024 | 75.60 Mn |
| Mar 31, 2024 | 19.93 Mn |
| Mar 31, 2024 | 19.93 Mn |
| Dec 31, 2023 | 20.21 Mn |
| Dec 31, 2023 | 20.21 Mn |
| Sep 30, 2023 | 111.44 Mn |
| Sep 30, 2023 | 111.44 Mn |
| Jun 30, 2023 | 70.40 Mn |
| Jun 30, 2023 | 70.40 Mn |
| Mar 31, 2023 | 68.81 Mn |
| Mar 31, 2023 | 68.81 Mn |
| Dec 31, 2022 | -203.69 Mn |
| Dec 31, 2022 | -203.69 Mn |
| Sep 30, 2022 | 63.51 Mn |
| Sep 30, 2022 | 63.51 Mn |
| Jun 30, 2022 | 64.28 Mn |
| Jun 30, 2022 | 64.28 Mn |
| Mar 31, 2022 | 59.81 Mn |
| Mar 31, 2022 | 59.81 Mn |
| Dec 31, 2021 | 60.94 Mn |
| Dec 31, 2021 | 60.94 Mn |
| Sep 30, 2021 | 14.06 Mn |
| Sep 30, 2021 | 14.06 Mn |
| Jun 30, 2021 | 54.05 Mn |
| Jun 30, 2021 | 54.05 Mn |
| Mar 31, 2021 | 74.07 Mn |
| Mar 31, 2021 | 74.07 Mn |
| Dec 31, 2020 | 13.56 Mn |
| Dec 31, 2020 | 13.56 Mn |
| Sep 30, 2020 | 11.40 Mn |
| Sep 30, 2020 | 11.40 Mn |
| Jun 30, 2020 | 43.66 Mn |
| Jun 30, 2020 | 43.66 Mn |
| Mar 31, 2020 | 74.83 Mn |
| Mar 31, 2020 | 74.83 Mn |
| Dec 31, 2019 | 15.43 Mn |
| Dec 31, 2019 | 15.43 Mn |
| Sep 30, 2019 | 12.13 Mn |
| Sep 30, 2019 | 12.13 Mn |
| Jun 30, 2019 | 14.52 Mn |
| Jun 30, 2019 | 14.52 Mn |
| Mar 31, 2019 | 14.78 Mn |
| Mar 31, 2019 | 14.78 Mn |
| Dec 31, 2018 | 13.84 Mn |
| Dec 31, 2018 | 13.84 Mn |
| Sep 30, 2018 | 10.73 Mn |
| Sep 30, 2018 | 10.73 Mn |
| Jun 30, 2018 | 13.81 Mn |
| Jun 30, 2018 | 13.81 Mn |
| Mar 31, 2018 | 12.88 Mn |
| Mar 31, 2018 | 12.88 Mn |
| Dec 31, 2017 | 13.22 Mn |
| Dec 31, 2017 | 13.22 Mn |
| Sep 30, 2017 | 10.74 Mn |
| Sep 30, 2017 | 10.74 Mn |
| Jun 30, 2017 | 11.73 Mn |
| Jun 30, 2017 | 11.73 Mn |
| Mar 31, 2017 | 11.79 Mn |
| Mar 31, 2017 | 11.79 Mn |
| Dec 31, 2016 | 13.62 Mn |
| Dec 31, 2016 | 13.62 Mn |
| Sep 30, 2016 | 10.00 Mn |
| Sep 30, 2016 | 10.00 Mn |
| Jun 30, 2016 | 12.02 Mn |
| Jun 30, 2016 | 12.02 Mn |
| Mar 31, 2016 | 12.59 Mn |
| Mar 31, 2016 | 12.59 Mn |
| Dec 31, 2015 | 13.98 Mn |
| Dec 31, 2015 | 13.98 Mn |
| Sep 30, 2015 | 46.68 Mn |
| Sep 30, 2015 | 46.68 Mn |
| Jun 30, 2015 | 46.46 Mn |
| Jun 30, 2015 | 46.46 Mn |
| Mar 31, 2015 | 44.78 Mn |
| Mar 31, 2015 | 44.78 Mn |
| Dec 31, 2014 | 45.53 Mn |
| Dec 31, 2014 | 45.53 Mn |
| Sep 30, 2014 | 43.69 Mn |
| Sep 30, 2014 | 43.69 Mn |
| Jun 30, 2014 | 41.46 Mn |
| Jun 30, 2014 | 41.46 Mn |
| Mar 31, 2014 | 38.46 Mn |
| Mar 31, 2014 | 38.46 Mn |
| Dec 31, 2013 | 11.37 Mn |
| Dec 31, 2013 | 11.37 Mn |
| Sep 30, 2013 | 9.86 Mn |
| Sep 30, 2013 | 9.86 Mn |
| Jun 30, 2013 | 35.06 Mn |
| Jun 30, 2013 | 35.06 Mn |
| Mar 31, 2013 | 35.05 Mn |
| Mar 31, 2013 | 35.05 Mn |
| Dec 31, 2012 | 34.04 Mn |
| Dec 31, 2012 | 34.04 Mn |
| Sep 30, 2012 | 11.00 Mn |
| Sep 30, 2012 | 11.00 Mn |
| Jun 30, 2012 | 11.42 Mn |
| Jun 30, 2012 | 11.42 Mn |
| Mar 31, 2012 | 31.71 Mn |
| Mar 31, 2012 | 31.71 Mn |
| Dec 31, 2011 | 10.17 Mn |
| Dec 31, 2011 | 10.17 Mn |
| Sep 30, 2011 | 10.87 Mn |
| Sep 30, 2011 | 10.87 Mn |
| Jun 30, 2011 | 27.46 Mn |
| Jun 30, 2011 | 27.46 Mn |
| Mar 31, 2011 | 10.60 Mn |
| Mar 31, 2011 | 10.60 Mn |
| Dec 31, 2010 | 25.15 Mn |
| Dec 31, 2010 | 25.15 Mn |
| Sep 30, 2010 | 24.66 Mn |
| Sep 30, 2010 | 24.66 Mn |
| Jun 30, 2010 | 24.91 Mn |
| Jun 30, 2010 | 24.91 Mn |
| Mar 31, 2010 | 24.06 Mn |
| Mar 31, 2010 | 24.06 Mn |