Manhattan Associates (MANH) Net Margin (2010 - 2026)
Manhattan Associates (MANH) reported Net Margin of 17.47% for Q1 2026, down 254.0% year-over-year from 11.34% in Q1 2025, and up 124.45% on a QoQ basis from 71.43% in Q4 2025.
Manhattan Associates (MANH) has 17 years of Net Margin data on file, last reported at 17.47% in Q1 2026.
- Quarterly Net Margin fell 254.0% year-over-year to 17.47% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.58% (up 241.0% YoY) and the FY2025 annual result came in at 2.33%, up 259.0% from the prior year.
- Net Margin advanced to 17.47% in Q1 2026 per MANH's latest filing, from 71.43% in the prior quarter.
- Across five years, Net Margin topped out at 23.92% in Q3 2024 and bottomed at 86.61% in Q4 2024.
- The 5-year median for Net Margin is 17.47% (2026), against an average of 5.47%.
- The widest annual swing landed in 2024, when Net Margin plunged 9496 bps; it then jumped 1518 bps in 2025.
- Tracing MANH's Net Margin over 5 years: stood at 5.42% in 2022, then jumped by 254 bps to 8.35% in 2023, then tumbled by 1137 bps to 86.61% in 2024, then rose by 18 bps to 71.43% in 2025, then soared by 124 bps to 17.47% in 2026.
- Per Business Quant, the three latest MANH Net Margin figures stand at 17.47% (Q1 2026), 71.43% (Q4 2025), and 21.26% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Manhattan Associates | 8.28 Bn | 8.05 Bn | 155.57 Mn | 17.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.47% |
| Dec 31, 2025 | -71.43% |
| 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 | 8.35% |
| Sep 30, 2023 | 20.73% |
| Jun 30, 2023 | 17.15% |
| Mar 31, 2023 | 17.55% |
| Dec 31, 2022 | -5.42% |
| 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% |
| Jun 30, 2021 | 18.42% |
| Mar 31, 2021 | 14.44% |
| Dec 31, 2020 | 13.96% |
| Sep 30, 2020 | 16.67% |
| Jun 30, 2020 | 14.16% |
| Mar 31, 2020 | 14.64% |
| Dec 31, 2019 | 10.96% |
| Sep 30, 2019 | 16.70% |
| Jun 30, 2019 | 13.56% |
| Mar 31, 2019 | 14.13% |
| Dec 31, 2018 | 17.95% |
| Sep 30, 2018 | 19.99% |
| Jun 30, 2018 | 19.50% |
| Mar 31, 2018 | 17.35% |
| Dec 31, 2017 | 17.01% |
| Sep 30, 2017 | 21.32% |
| Jun 30, 2017 | 20.20% |
| Mar 31, 2017 | 19.67% |
| Dec 31, 2016 | 20.27% |
| Sep 30, 2016 | 37.38% |
| Jun 30, 2016 | 36.29% |
| Mar 31, 2016 | 30.97% |
| Dec 31, 2015 | 18.64% |
| Sep 30, 2015 | 19.60% |
| Jun 30, 2015 | 18.69% |
| Mar 31, 2015 | 22.93% |
| Dec 31, 2014 | 15.61% |
| Sep 30, 2014 | 17.79% |
| Jun 30, 2014 | 22.02% |
| Mar 31, 2014 | 16.48% |
| Dec 31, 2013 | 15.66% |
| Sep 30, 2013 | 18.26% |
| Jun 30, 2013 | 22.26% |
| Mar 31, 2013 | 17.83% |
| Dec 31, 2012 | 13.08% |
| Sep 30, 2012 | 14.41% |
| Jun 30, 2012 | 20.44% |
| Mar 31, 2012 | 16.20% |
| Dec 31, 2011 | 17.36% |
| Sep 30, 2011 | 17.38% |
| Jun 30, 2011 | 13.96% |
| Mar 31, 2011 | 12.78% |
| Dec 31, 2010 | 12.39% |
| Sep 30, 2010 | 8.42% |
| Jun 30, 2010 | 14.95% |
| Mar 31, 2010 | 13.46% |