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% quarter-over-quarter from $80.1 million in Q4 2025.
Manhattan Associates (MANH) Cost of Revenue (2010 - 2026) Analysis & Trends
Manhattan Associates (MANH) has 17 years of Cost of Revenue data on file, last reported at $126.6 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $126.6 million, up 501.31% year-over-year; the trailing twelve-month figure through Mar 2026 was $305.2 million (up 169.17% YoY), and the FY2025 annual result was $320.0 million, up 5.44% from the prior year.
- Cost of Revenue climbed to $126.6 million in Q1 2026 per MANH's latest filing, from $80.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $126.6 million in Q1 2026 and troughed at -$203.7 million in Q4 2022.
- A 5-year average of $40.8 million and a median of $64.3 million in 2022 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2026: Cost of Revenue plunged 434.24% in 2022, then jumped 501.31% in 2026.
- A 5-year view of Cost of Revenue shows it stood at -$203.7 million in 2022, then jumped by 109.92% to $20.2 million in 2023, then sank by 369.71% to -$54.5 million in 2024, then soared by 246.94% to $80.1 million in 2025, then jumped by 58.1% to $126.6 million in 2026.
- Business Quant data shows MANH's Cost of Revenue at $126.6 million in Q1 2026, $80.1 million in Q4 2025, and $78.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Manhattan Associates | 8.34 Bn | 8.12 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 |