Manhattan Associates (MANH) Cost of Revenue (2010 - 2026)
Manhattan Associates' (MANH) quarterly Cost of Revenue came in at $129.5 million in Q2 2026, up 11.4% year-over-year from $116.2 million in Q2 2025, and up 2.23% quarter-over-quarter from $126.6 million in Q1 2026.
Analysis
Manhattan Associates (MANH) Cost of Revenue (2010 - 2026) Analysis & Trends
Manhattan Associates has disclosed Cost of Revenue across 17 years of filings, most recently posting $129.5 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 11.4% year-over-year to $129.5 million; the TTM figure through Jun 2026 stood at $497.7 million (up 7.62% YoY), while the FY2025 annual figure was $472.3 million, changed 0.29% from the prior year.
- Cost of Revenue came in at $129.5 million for Q2 2026 at Manhattan Associates, up from $126.6 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $129.5 million in Q2 2026 to a low of $83.4 million in Q1 2022.
- Average Cost of Revenue over 5 years is $110.5 million, with a median of $113.8 million recorded in 2024.
- Year-over-year, Cost of Revenue surged 34.48% in 2022 and fell 3.96% in 2025.
- Over 5 years, Cost of Revenue stood at $90.0 million in 2022, then advanced by 18.58% to $106.7 million in 2023, then grew by 5.86% to $113.0 million in 2024, then increased by 7.75% to $121.7 million in 2025, then rose by 6.34% to $129.5 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $129.5 million in Q2 2026, $126.6 million in Q1 2026, and $121.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 117.70 Mn |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 129.46 Mn |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 43.45 Mn |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 59.03 Mn |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | 80.10 Mn |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 23.28 Mn |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 51.44 Mn |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | 14.21 Mn |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 49.63 Mn |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 853,744.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 129.46 Mn |
| Mar 31, 2026 | 126.64 Mn |
| Dec 31, 2025 | 121.75 Mn |
| Sep 30, 2025 | 119.81 Mn |
| Jun 30, 2025 | 116.22 Mn |
| Mar 31, 2025 | 114.57 Mn |
| Dec 31, 2024 | 112.99 Mn |
| Sep 30, 2024 | 118.66 Mn |
| Jun 30, 2024 | 120.04 Mn |
| Mar 31, 2024 | 119.29 Mn |
| Dec 31, 2023 | 106.73 Mn |
| Sep 30, 2023 | 111.44 Mn |
| Jun 30, 2023 | 108.81 Mn |
| Mar 31, 2023 | 103.63 Mn |
| Dec 31, 2022 | 90.01 Mn |
| Sep 30, 2022 | 96.16 Mn |
| Jun 30, 2022 | 88.65 Mn |
| Mar 31, 2022 | 83.43 Mn |
| Dec 31, 2021 | 81.63 Mn |
| Sep 30, 2021 | 71.50 Mn |