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| Date | Value |
|---|---|
| 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 |