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% quarter-over-quarter from 71.43% 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.
- Net Margin for Q1 2026 came in at 17.47%, down 254.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.58% (up 241.0% YoY), and the FY2025 annual result was 2.33%, up 259.0% from the prior year.
- Net Margin grew to 17.47% in Q1 2026 per MANH's latest filing, from 71.43% in the prior quarter.
- Over five years, Net Margin peaked at 23.92% in Q3 2024 and troughed at 86.61% in Q4 2024.
- A 5-year average of 5.47% and a median of 17.47% in 2026 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2025: Net Margin slumped 9496 bps in 2024, then soared 1518 bps in 2025.
- A 5-year view of Net Margin shows it stood at 5.42% in 2022, then soared by 254 bps to 8.35% in 2023, then sank by 1137 bps to 86.61% in 2024, then advanced by 18 bps to 71.43% in 2025, then surged by 124 bps to 17.47% in 2026.
- Business Quant data shows MANH's Net Margin at 17.47% in Q1 2026, 71.43% in Q4 2025, and 21.26% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Manhattan Associates | 8.34 Bn | 8.12 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% |