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% quarter-over-quarter from $203.4 million in Q4 2025.

Manhattan Associates (MANH) Operating Expenses (2010 - 2026) Analysis & Trends

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

  • Operating Expenses for Q1 2026 came in at $217.3 million, up 8.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $819.3 million (up 4.57% YoY), and the FY2025 annual result was $801.6 million, up 2.67% from the prior year.
  • Operating Expenses rose to $217.3 million in Q1 2026 per MANH's latest filing, from $203.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $217.3 million in Q1 2026 and troughed at $145.0 million in Q1 2022.
  • A 5-year average of $184.3 million and a median of $191.6 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses climbed 27.26% in 2022, then advanced 0.76% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $153.4 million in 2022, then rose by 16.94% to $179.4 million in 2023, then gained by 8.76% to $195.1 million in 2024, then increased by 4.24% to $203.4 million in 2025, then increased by 6.84% to $217.3 million in 2026.
  • Business Quant data shows MANH's Operating Expenses at $217.3 million in Q1 2026, $203.4 million in Q4 2025, and $200.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 Manhattan Associates 8.34 Bn 8.12 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