Manhattan Associates (MANH) Operating Leases (2019 - 2026)
Manhattan Associates (MANH) reported Operating Leases of $55.7 million for Q1 2026, up 18.48% on a YoY basis from $47.0 million in Q1 2025, and down 0.88% sequentially from $56.2 million in Q4 2025.
Manhattan Associates (MANH) Operating Leases (2019 - 2026) Analysis & Trends
Manhattan Associates (MANH) has 8 years of Operating Leases data on file, last reported at $55.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 18.48% year-over-year to $55.7 million; the trailing twelve-month figure through Mar 2026 stood at $55.7 million (up 18.48% YoY), and the FY2025 full-year result was $56.2 million, up 17.55% from the prior year.
- Operating Leases eased to $55.7 million in Q1 2026, from $56.2 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $56.2 million in Q4 2025 to a low of $12.5 million in Q2 2023.
- A 5-year average of $34.5 million and a median of $47.0 million in 2025 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases sank 39.26% in 2022 and jumped 308.07% in 2024, its largest moves.
- Tracing MANH's Operating Leases over 5 years: stood at $14.1 million in 2022, then climbed by 25.8% to $17.7 million in 2023, then jumped by 170.11% to $47.8 million in 2024, then gained by 17.55% to $56.2 million in 2025, then fell by 0.88% to $55.7 million in 2026.
- Business Quant data shows MANH's Operating Leases at $55.7 million in Q1 2026, $56.2 million in Q4 2025, and $47.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Manhattan Associates | 8.72 Bn | 8.50 Bn | 193.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 55.69 Mn |
| Dec 31, 2025 | 56.18 Mn |
| Sep 30, 2025 | 47.71 Mn |
| Jun 30, 2025 | 48.59 Mn |
| Mar 31, 2025 | 47.00 Mn |
| Dec 31, 2024 | 47.79 Mn |
| Sep 30, 2024 | 50.03 Mn |
| Jun 30, 2024 | 50.84 Mn |
| Mar 31, 2024 | 51.81 Mn |
| Dec 31, 2023 | 17.69 Mn |
| Sep 30, 2023 | 16.24 Mn |
| Jun 30, 2023 | 12.46 Mn |
| Mar 31, 2023 | 13.04 Mn |
| Dec 31, 2022 | 14.07 Mn |
| Sep 30, 2022 | 17.19 Mn |
| Jun 30, 2022 | 18.93 Mn |
| Mar 31, 2022 | 21.25 Mn |
| Dec 31, 2021 | 23.16 Mn |
| Sep 30, 2021 | 23.88 Mn |
| Jun 30, 2021 | 24.96 Mn |