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
DateValue
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