Growth Metrics

Manhattan Associates (MANH) Operating Expenses (2010 - 2026)

Manhattan Associates (MANH) reported Operating Expenses of $217.3 million for Q1 2026, up 8.85% year-over-year from $199.6 million in Q1 2025, and up 6.84% on a QoQ basis from $203.4 million in Q4 2025.

Manhattan Associates (MANH) has 17 years of Operating Expenses data on file, last reported at $217.3 million in Q1 2026.

  • Quarterly Operating Expenses rose 8.85% year-over-year to $217.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $819.3 million (up 4.57% YoY) and the FY2025 annual result came in at $801.6 million, up 2.67% from the prior year.
  • Operating Expenses grew to $217.3 million in Q1 2026 per MANH's latest filing, from $203.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $217.3 million in Q1 2026 and bottomed at $145.0 million in Q1 2022.
  • The 5-year median for Operating Expenses is $191.6 million (2024), against an average of $184.3 million.
  • The widest annual swing landed in 2022, when Operating Expenses gained 27.26%; it then rose 0.76% in 2025.
  • Tracing MANH's Operating Expenses over 5 years: stood at $153.4 million in 2022, then grew by 16.94% to $179.4 million in 2023, then increased by 8.76% to $195.1 million in 2024, then climbed by 4.24% to $203.4 million in 2025, then climbed by 6.84% to $217.3 million in 2026.
  • Per Business Quant, the three latest MANH Operating Expenses figures stand at $217.3 million (Q1 2026), $203.4 million (Q4 2025), and $200.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -7.98 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 6.82 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 11.28 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.16 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 2.33 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 1.04 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 3.32 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 4.23 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 4.54 Bn
10 Manhattan Associates 8.28 Bn 8.05 Bn 155.57 Mn 217.28 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 217.28 Mn
Dec 31, 2025 203.38 Mn
Sep 30, 2025 199.97 Mn
Jun 30, 2025 198.63 Mn
Mar 31, 2025 199.62 Mn
Dec 31, 2024 195.11 Mn
Sep 30, 2024 191.59 Mn
Jun 30, 2024 197.13 Mn
Mar 31, 2024 196.92 Mn
Dec 31, 2023 179.39 Mn
Sep 30, 2023 184.99 Mn
Jun 30, 2023 180.53 Mn
Mar 31, 2023 173.93 Mn
Dec 31, 2022 153.40 Mn
Sep 30, 2022 161.33 Mn
Jun 30, 2022 154.67 Mn
Mar 31, 2022 144.98 Mn
Dec 31, 2021 144.35 Mn
Sep 30, 2021 126.78 Mn
Jun 30, 2021 126.76 Mn
Mar 31, 2021 131.43 Mn
Dec 31, 2020 118.89 Mn
Sep 30, 2020 114.78 Mn
Jun 30, 2020 108.94 Mn
Mar 31, 2020 129.71 Mn
Dec 31, 2019 127.86 Mn
Sep 30, 2019 127.28 Mn
Jun 30, 2019 126.76 Mn
Mar 31, 2019 120.13 Mn
Dec 31, 2018 110.09 Mn
Sep 30, 2018 106.26 Mn
Jun 30, 2018 106.19 Mn
Mar 31, 2018 102.74 Mn
Dec 31, 2017 100.52 Mn
Sep 30, 2017 101.79 Mn
Jun 30, 2017 104.88 Mn
Mar 31, 2017 101.77 Mn
Dec 31, 2016 102.24 Mn
Sep 30, 2016 98.63 Mn
Jun 30, 2016 102.62 Mn
Mar 31, 2016 106.76 Mn
Dec 31, 2015 101.91 Mn
Sep 30, 2015 98.62 Mn
Jun 30, 2015 97.74 Mn
Mar 31, 2015 96.66 Mn
Dec 31, 2014 101.33 Mn
Sep 30, 2014 90.11 Mn
Jun 30, 2014 90.03 Mn
Mar 31, 2014 83.51 Mn
Dec 31, 2013 82.93 Mn
Sep 30, 2013 77.03 Mn
Jun 30, 2013 76.33 Mn
Mar 31, 2013 76.94 Mn
Dec 31, 2012 76.25 Mn
Sep 30, 2012 74.16 Mn
Jun 30, 2012 72.23 Mn
Mar 31, 2012 73.54 Mn
Dec 31, 2011 67.34 Mn
Sep 30, 2011 66.21 Mn
Jun 30, 2011 70.19 Mn
Mar 31, 2011 64.16 Mn
Dec 31, 2010 62.70 Mn
Sep 30, 2010 64.40 Mn
Jun 30, 2010 65.62 Mn
Mar 31, 2010 62.47 Mn