Manhattan Associates (MANH) Net Margin (2010 - 2026)
Manhattan Associates (MANH) reported Net Margin of 17.47% for Q1 2026, down 254.0% on a YoY basis from 11.34% in Q1 2025, and up 122.97% sequentially from 76.03% in Q4 2025.
Manhattan Associates (MANH) Net Margin (2010 - 2026) Analysis & Trends
Manhattan Associates (MANH) has 17 years of Net Margin data on file, last reported at 17.47% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 254.0% year-over-year to 17.47%; the trailing twelve-month figure through Mar 2026 stood at 3.71% (up 128.0% YoY), and the FY2025 full-year result was 3.48%, up 144.0% from the prior year.
- Net Margin improved to 17.47% in Q1 2026, from 76.03% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 37.62% in Q4 2023 to a low of 86.61% in Q4 2024.
- A 5-year average of 8.36% and a median of 19.12% in 2022 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 1850 bps in 2023 and plunged 12422 bps in 2024, its largest moves.
- Tracing MANH's Net Margin over 5 years: stood at 19.12% in 2022, then surged by 97 bps to 37.62% in 2023, then plunged by 330 bps to 86.61% in 2024, then rose by 12 bps to 76.03% in 2025, then soared by 123 bps to 17.47% in 2026.
- Business Quant data shows MANH's Net Margin at 17.47% in Q1 2026, 76.03% in Q4 2025, and 21.26% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 201.92 Bn | 181.68 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 192.40 Bn | 189.70 Bn | - | - |
| 3 | Shopify | 164.22 Bn | 158.47 Bn | 1.55 Bn | -18.33% |
| 4 | Salesforce | 153.50 Bn | 141.66 Bn | 8.56 Bn | 18.93% |
| 5 | Uber Technologies | 138.61 Bn | 137.40 Bn | 5.95 Bn | 2.29% |
| 6 | ServiceNow | 111.29 Bn | 106.63 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 103.39 Bn | 100.16 Bn | 2.87 Bn | 22.90% |
| 8 | Adobe | 97.32 Bn | 91.69 Bn | 5.90 Bn | 25.87% |
| 9 | Snowflake | 93.83 Bn | 90.88 Bn | 926.45 Mn | -21.25% |
| 10 | Manhattan Associates | 9.76 Bn | 9.53 Bn | 193.41 Mn | 17.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.47% |
| Dec 31, 2025 | -76.03% |
| Sep 30, 2025 | 21.26% |
| Jun 30, 2025 | 20.84% |
| Mar 31, 2025 | 20.01% |
| Dec 31, 2024 | -86.61% |
| Sep 30, 2024 | 23.92% |
| Jun 30, 2024 | 19.89% |
| Mar 31, 2024 | 21.14% |
| Dec 31, 2023 | 37.62% |
| Sep 30, 2023 | 20.73% |
| Jun 30, 2023 | 17.15% |
| Mar 31, 2023 | 17.55% |
| Dec 31, 2022 | 19.12% |
| Sep 30, 2022 | 14.98% |
| Jun 30, 2022 | 16.06% |
| Mar 31, 2022 | 17.09% |
| Dec 31, 2021 | 2.99% |
| Sep 30, 2021 | 21.67% |
| Jun 30, 2021 | 18.42% |