Manhattan Associates (MANH) EBITDA Margin (2010 - 2026)
Manhattan Associates (MANH) reported EBITDA Margin of 23.01% for Q1 2026, down 103.0% year-over-year from 766.99% in Q1 2025, and down 7.16% quarter-over-quarter from 24.78% in Q4 2025.
Manhattan Associates (MANH) EBITDA Margin (2010 - 2026) Analysis & Trends
Manhattan Associates (MANH) has 17 years of EBITDA Margin data on file, last reported at 23.01% in Q1 2026.
- EBITDA Margin for Q1 2026 came in at 23.01%, down 103.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.58% (up 15.0% YoY), and the FY2025 annual result was 25.87%, up 78.0% from the prior year.
- EBITDA Margin declined to 23.01% in Q1 2026 per MANH's latest filing, from 24.78% in the prior quarter.
- Over five years, EBITDA Margin peaked at 28.16% in Q3 2024 and troughed at 18.56% in Q3 2022.
- A 5-year average of 23.32% and a median of 23.01% in 2026 frame the typical range for EBITDA Margin.
- On a YoY basis, EBITDA Margin climbed as much as 674 bps in 2022 and fell as far as 650 bps in 2022.
- A 5-year view of EBITDA Margin shows it stood at 22.57% in 2022, then increased by 9 bps to 24.71% in 2023, then decreased by 4 bps to 23.72% in 2024, then rose by 4 bps to 24.78% in 2025, then decreased by 7 bps to 23.01% in 2026.
- Business Quant data shows MANH's EBITDA Margin at 23.01% in Q1 2026, 24.78% in Q4 2025, and 27.49% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.49% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 21.08% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.26% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.12% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -22.99% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Manhattan Associates | 8.34 Bn | 8.12 Bn | 155.57 Mn | 23.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.01% |
| Dec 31, 2025 | 24.78% |
| Sep 30, 2025 | 27.49% |
| Jun 30, 2025 | 27.09% |
| Mar 31, 2025 | 24.04% |
| Dec 31, 2024 | 23.72% |
| Sep 30, 2024 | 28.16% |
| Jun 30, 2024 | 25.70% |
| Mar 31, 2024 | 22.64% |
| Dec 31, 2023 | 24.71% |
| Sep 30, 2023 | 22.42% |
| Jun 30, 2023 | 21.85% |
| Mar 31, 2023 | 21.30% |
| Dec 31, 2022 | 22.57% |
| Sep 30, 2022 | 18.56% |
| Jun 30, 2022 | 19.41% |
| Mar 31, 2022 | 18.98% |
| Dec 31, 2021 | 15.83% |
| Sep 30, 2021 | 25.07% |
| Jun 30, 2021 | 23.69% |