Manhattan Associates Inc (MANH) Operating Expenses (2010 - 2026)
Manhattan Associates (MANH) recorded Operating Expenses of $231.56 million in Q2 2026, up 16.6% from $198.63 million a year earlier and up 6.6% from the prior quarter.
Manhattan Associates Inc (MANH) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Manhattan Associates' Operating Expenses came in at $852.19 million as of Jun 30, 2026, up 8.6% year-over-year; for FY2025, it came in at $801.59 million, up 2.7% from FY2024.
- Annual Operating Expenses has increased for five straight years, with a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $780.76 million in FY2024 (+8.6%), $718.84 million in FY2023 (+17.0%), $614.38 million in FY2022 (+16.1%) and $529.31 million in FY2021 (+12.1%).
- The Q2 2026 figure is the highest quarterly Operating Expenses in data going back to Q1 2010.
- On a year-over-year basis, Operating Expenses has increased for 22 consecutive quarters, with growth averaging 6.1% over the last eight quarters.
- The year-over-year growth in Operating Expenses has ranged between 0.8% (Q2 2025) and 27.3% (Q3 2022) over the last five years.
- Per Business Quant, the preceding three quarters came in at $217.28 million (Q1 2026), $203.38 million (Q4 2025) and $199.97 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 231.56 Mn |
| 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 |
Manhattan Associates Inc Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MANH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MANH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MANH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();