Manhattan Associates (MANH) Net Margin (2010 - 2026)
Manhattan Associates' (MANH) quarterly Net Margin came in at 16.91% in Q2 2026, down 393.0% year-over-year from 5.77% in Q2 2025, and down 3.2% quarter-over-quarter from 17.47% in Q1 2026.
Analysis
Manhattan Associates (MANH) Net Margin (2010 - 2026) Analysis & Trends
Manhattan Associates has disclosed Net Margin across 17 years of filings, most recently posting 16.91% for Q2 2026.
- In Q2 2026, Net Margin fell 393.0% year-over-year to 16.91%; the TTM figure through Jun 2026 stood at 18.67% (up 47.0% YoY), while the FY2025 annual figure was 20.34%, up 214.0% from the prior year.
- Net Margin came in at 16.91% for Q2 2026 at Manhattan Associates, down from 17.47% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 23.92% in Q3 2024 to a low of 4.12% in Q4 2022.
- Average Net Margin over 5 years is 16.9%, with a median of 17.51% recorded in 2023.
- Year-over-year, Net Margin sank 675 bps in 2022 and surged 1166 bps in 2025.
- Over 5 years, Net Margin stood at 4.12% in 2022, then soared by 103 bps to 8.35% in 2023, then decreased by 10 bps to 7.56% in 2024, then soared by 154 bps to 19.21% in 2025, then declined by 12 bps to 16.91% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 16.91% in Q2 2026, 17.47% in Q1 2026, and 19.21% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 9.29% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 16.91% |
| 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 | 3.47% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -14.44% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 20.55% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 25.79% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | -18.28% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | -7.62% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 27.99% |
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 | 7.56% |
| Sep 30, 2024 | 23.92% |
| Jun 30, 2024 | 19.89% |
| Mar 31, 2024 | 21.14% |
| Dec 31, 2023 | 8.35% |
| Sep 30, 2023 | 20.73% |
| Jun 30, 2023 | 17.15% |
| Mar 31, 2023 | 17.55% |
| Dec 31, 2022 | 4.12% |
| Sep 30, 2022 | 14.98% |
| Jun 30, 2022 | 16.06% |
| Mar 31, 2022 | 17.09% |
| Dec 31, 2021 | 10.87% |
| Sep 30, 2021 | 21.67% |