Manhattan Associates (MANH) Gross Margin (2010 - 2026)
Manhattan Associates' (MANH) quarterly Gross Margin came in at 56.53% in Q2 2026, down 81.0% year-over-year from 297.51% in Q2 2025, and up 2.54% quarter-over-quarter from 55.13% in Q1 2026.
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Manhattan Associates (MANH) Gross Margin (2010 - 2026) Analysis & Trends
Manhattan Associates has disclosed Gross Margin across 17 years of filings, most recently posting 56.53% for Q2 2026.
- In Q2 2026, Gross Margin fell 81.0% year-over-year to 56.53%; the TTM figure through Jun 2026 stood at 55.81% (down 47.0% YoY), while the FY2025 annual figure was 56.32%, up 151.0% from the prior year.
- Gross Margin came in at 56.53% for Q2 2026 at Manhattan Associates, up from 55.13% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 57.34% in Q2 2025 to a low of 51.46% in Q3 2022.
- Average Gross Margin over 5 years is 54.66%, with a median of 54.86% recorded in 2025.
- Year-over-year, Gross Margin sank 628 bps in 2022 and jumped 326 bps in 2025.
- Over 5 years, Gross Margin stood at 54.57% in 2022, then climbed by 1 bps to 55.2% in 2023, then advanced by 1 bps to 55.83% in 2024, then slipped by 2 bps to 54.97% in 2025, then advanced by 3 bps to 56.53% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 56.53% in Q2 2026, 55.13% in Q1 2026, and 54.97% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 75.42% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 56.53% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 77.56% |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 70.16% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | 40.98% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 71.25% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 50.91% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | 94.61% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 55.20% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 85.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.53% |
| Mar 31, 2026 | 55.13% |
| Dec 31, 2025 | 54.97% |
| Sep 30, 2025 | 56.56% |
| Jun 30, 2025 | 57.34% |
| Mar 31, 2025 | 56.40% |
| Dec 31, 2024 | 55.83% |
| Sep 30, 2024 | 55.50% |
| Jun 30, 2024 | 54.76% |
| Mar 31, 2024 | 53.14% |
| Dec 31, 2023 | 55.20% |
| Sep 30, 2023 | 53.26% |
| Jun 30, 2023 | 52.90% |
| Mar 31, 2023 | 53.11% |
| Dec 31, 2022 | 54.57% |
| Sep 30, 2022 | 51.46% |
| Jun 30, 2022 | 53.81% |
| Mar 31, 2022 | 53.38% |
| Dec 31, 2021 | 52.40% |
| Sep 30, 2021 | 57.74% |