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
DateValue
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