Manhattan Associates (MANH) Cost of Revenue (2010 - 2026)

Manhattan Associates (MANH) reported Cost of Revenue of $88.8 million for Q1 2026, down 22.49% on a YoY basis from $114.6 million in Q1 2025, and up 390.26% sequentially from -$30.6 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 $88.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue fell 22.49% year-over-year to $88.8 million; the trailing twelve-month figure through Mar 2026 stood at $294.2 million (down 21.41% YoY), and the FY2025 full-year result was $320.0 million, down 32.06% from the prior year.
  • Cost of Revenue climbed to $88.8 million in Q1 2026, from -$30.6 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $219.3 million in Q4 2023 to a low of -$30.6 million in Q4 2025.
  • A 5-year average of $93.7 million and a median of $90.0 million in 2022 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue jumped 1120.75% in 2022 and sank 127.08% in 2025, its largest moves.
  • Tracing MANH's Cost of Revenue over 5 years: stood at $90.0 million in 2022, then soared by 143.64% to $219.3 million in 2023, then tumbled by 48.47% to $113.0 million in 2024, then slumped by 127.08% to -$30.6 million in 2025, then soared by 390.26% to $88.8 million in 2026.
  • Business Quant data shows MANH's Cost of Revenue at $88.8 million in Q1 2026, -$30.6 million in Q4 2025, and $119.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Manhattan Associates 9.64 Bn 9.41 Bn 193.41 Mn 88.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 88.80 Mn
Mar 31, 2026 88.80 Mn
Dec 31, 2025 -30.60 Mn
Dec 31, 2025 -30.60 Mn
Sep 30, 2025 119.81 Mn
Sep 30, 2025 119.81 Mn
Jun 30, 2025 116.22 Mn
Jun 30, 2025 116.22 Mn
Mar 31, 2025 114.57 Mn
Mar 31, 2025 114.57 Mn
Dec 31, 2024 112.99 Mn
Dec 31, 2024 112.99 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 119.29 Mn
Mar 31, 2024 119.29 Mn
Dec 31, 2023 219.29 Mn
Dec 31, 2023 219.29 Mn