Manhattan Associates (MANH) EBT Margin (2010 - 2026)
Manhattan Associates' (MANH) quarterly EBT Margin came in at 22.57% in Q2 2026, down 478.0% year-over-year from 5.97% in Q2 2025, and down 8.05% quarter-over-quarter from 24.55% in Q1 2026.
Analysis
Manhattan Associates (MANH) EBT Margin (2010 - 2026) Analysis & Trends
Manhattan Associates has disclosed EBT Margin across 17 years of filings, most recently posting 22.57% for Q2 2026.
- In Q2 2026, EBT Margin fell 478.0% year-over-year to 22.57%; the TTM figure through Jun 2026 stood at 25.16% (down 113.0% YoY), while the FY2025 annual figure was 26.44%, up 84.0% from the prior year.
- EBT Margin came in at 22.57% for Q2 2026 at Manhattan Associates, down from 24.55% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 28.65% in Q3 2024 to a low of 19.37% in Q3 2022.
- Average EBT Margin over 5 years is 23.85%, with a median of 23.82% recorded in 2024.
- The largest YoY upside for EBT Margin was 729 bps in 2022 against a maximum downside of 567 bps in 2022.
- Over 5 years, EBT Margin stood at 22.98% in 2022, then increased by 9 bps to 25.07% in 2023, then declined by 2 bps to 24.5% in 2024, then climbed by 3 bps to 25.32% in 2025, then fell by 11 bps to 22.57% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 22.57% in Q2 2026, 24.55% in Q1 2026, and 25.32% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 10.22% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 22.57% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 33.72% |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 5.26% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -14.29% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 27.50% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 21.41% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | -16.02% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | -6.21% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 36.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.57% |
| Mar 31, 2026 | 24.55% |
| Dec 31, 2025 | 25.32% |
| Sep 30, 2025 | 28.44% |
| Jun 30, 2025 | 27.35% |
| Mar 31, 2025 | 24.55% |
| Dec 31, 2024 | 24.50% |
| Sep 30, 2024 | 28.65% |
| Jun 30, 2024 | 26.04% |
| Mar 31, 2024 | 23.03% |
| Dec 31, 2023 | 25.07% |
| Sep 30, 2023 | 23.14% |
| Jun 30, 2023 | 22.30% |
| Mar 31, 2023 | 21.37% |
| Dec 31, 2022 | 22.98% |
| Sep 30, 2022 | 19.37% |
| Jun 30, 2022 | 20.58% |
| Mar 31, 2022 | 19.40% |
| Dec 31, 2021 | 15.69% |
| Sep 30, 2021 | 25.04% |