Manhattan Associates (MANH) EBITDA Margin (2010 - 2026)
Manhattan Associates (MANH) reported EBITDA Margin of 23.01% for Q1 2026, down 103.0% on a YoY basis from 766.99% in Q1 2025, and down 7.16% sequentially 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.
- For the quarter ending Q1 2026, EBITDA Margin fell 103.0% year-over-year to 23.01%; the trailing twelve-month figure through Mar 2026 stood at 25.58% (up 15.0% YoY), and the FY2025 full-year result was 25.87%, up 78.0% from the prior year.
- EBITDA Margin slipped to 23.01% in Q1 2026, from 24.78% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 28.16% in Q3 2024 to a low of 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.
- Peak annual rise in EBITDA Margin reached 674 bps in 2022, while the deepest fall reached 650 bps in 2022.
- Tracing MANH's EBITDA Margin over 5 years: stood at 22.57% in 2022, then climbed by 9 bps to 24.71% in 2023, then fell by 4 bps to 23.72% in 2024, then grew by 4 bps to 24.78% in 2025, then fell 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 | 208.91 Bn | 189.27 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.05% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 14.56% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 21.08% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 4.06% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -22.99% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -23.45% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 29.26% |
| 10 | Manhattan Associates | 8.72 Bn | 8.50 Bn | 193.41 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% |