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

Manhattan Associates (MANH) reported Operating Expenses of $217.3 million for Q1 2026, up 8.85% on a YoY basis from $199.6 million in Q1 2025, and up 6.84% sequentially 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.

  • For the quarter ending Q1 2026, Operating Expenses rose 8.85% year-over-year to $217.3 million; the trailing twelve-month figure through Mar 2026 stood at $819.3 million (up 4.57% YoY), and the FY2025 full-year result was $801.6 million, up 2.67% from the prior year.
  • Operating Expenses climbed to $217.3 million in Q1 2026, from $203.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $217.3 million in Q1 2026 to a low of $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.
  • Across the five-year window, Operating Expenses gained 27.26% in 2022 and rose 0.76% in 2025, its largest moves.
  • 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.
  • 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 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Manhattan Associates 8.72 Bn 8.50 Bn 193.41 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