Manhattan Associates (MANH) EBT Margin (2010 - 2026)
Manhattan Associates (MANH) posted quarterly EBT Margin of 22.57% for Q2 2026, down 478.0% year-over-year from 5.97% in Q2 2025, and down 8.05% on a QoQ basis from 24.55% in Q1 2026.
Manhattan Associates (MANH) EBT Margin (2010 - 2026) Analysis & Trends
Manhattan Associates has reported EBT Margin for 17 years, with the latest figure at 22.57% in Q2 2026.
- EBT Margin for Q2 2026 came in at 22.57%, down 478.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 25.16% (down 113.0% YoY), and the FY2025 annual result was 26.44%, up 84.0% from the prior year.
- EBT Margin slipped to 22.57% in Q2 2026, from 24.55% in the prior quarter.
- Over five years, EBT Margin peaked at 28.65% in Q3 2024 and troughed at 19.37% in Q3 2022.
- A 5-year average of 23.85% and a median of 23.82% in 2024 frame the typical range for EBT Margin.
- The largest YoY upside for EBT Margin was 729 bps in 2022 against a maximum downside of 567 bps in 2022.
- A 5-year view of EBT Margin shows it stood at 22.98% in 2022, then gained by 9 bps to 25.07% in 2023, then retreated by 2 bps to 24.5% in 2024, then increased by 3 bps to 25.32% in 2025, then decreased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 29.61% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 49.54% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 24.44% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 23.09% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 10.99% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.33% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.98% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 47.29% |
| 10 | Manhattan Associates | 11.51 Bn | 11.32 Bn | 168.33 Mn | 22.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.57% |
| Mar 31, 2026 | 24.55% |
| Dec 31, 2025 | -72.11% |
| Sep 30, 2025 | 28.44% |
| Jun 30, 2025 | 27.35% |
| Mar 31, 2025 | 24.55% |
| Dec 31, 2024 | -69.66% |
| 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 | 7.82% |
| Sep 30, 2021 | 25.04% |