Manhattan Associates (MANH) Net Margin (2010 - 2026)
Manhattan Associates (MANH) reported Net Margin of 16.91% for Q2 2026, down 3.93 percentage points from 20.84% a year earlier and down 0.56 percentage points from the prior quarter.
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Analysis
Manhattan Associates (MANH) Net Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Manhattan Associates' Net Margin came in at 18.67%, down 2.24 percentage points year-over-year; for FY2025, it was 20.34%, down 0.61 percentage points from FY2024.
- Net Margin has a five-year change of +5.46 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 20.95% in FY2024 (+1.94 pp), 19.01% in FY2023 (+2.20 pp), 16.81% in FY2022 (+0.17 pp) and 16.65% in FY2021 (+1.77 pp).
- The Q2 2026 figure ranks as the lowest quarterly Net Margin since Q3 2022.
- Year over year, Net Margin gained in three of the last eight quarters, with an average year-over-year change of -0.92 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2022 (a gain of 7.11 percentage points); the low point was Q3 2022 (a drop of 6.69 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 17.47% (Q1 2026), 19.21% (Q4 2025) and 21.26% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 29.47% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 3.19% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 8.07% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 19.80% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | -48.53% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 11.11% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 16.91% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 5.95% |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 19.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.91% |
| Mar 31, 2026 | 17.47% |
| Dec 31, 2025 | 19.21% |
| Sep 30, 2025 | 21.26% |
| Jun 30, 2025 | 20.84% |
| Mar 31, 2025 | 20.01% |
| Dec 31, 2024 | 18.77% |
| Sep 30, 2024 | 23.92% |
| Jun 30, 2024 | 19.89% |
| Mar 31, 2024 | 21.14% |
| Dec 31, 2023 | 20.46% |
| 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 | 12.00% |
| Sep 30, 2021 | 21.67% |
API Access
Manhattan Associates Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MANH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MANH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MANH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();