Manhattan Associates (MANH) Operating Leases (2019 - 2026)
Manhattan Associates (MANH) recorded Operating Leases of $53.88 million in Q2 2026, up 10.9% from $48.59 million a year earlier but down 3.2% from the prior quarter.
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Analysis
Manhattan Associates (MANH) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Manhattan Associates reported Operating Leases of $56.18 million, up 17.5% from FY2024.
- Annual Operating Leases has increased for three straight years, with a five-year compound annual growth rate of 15.1% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $47.79 million in FY2024 (+170.1%), $17.69 million in FY2023 (+25.8%), $14.07 million in FY2022 (-39.3%) and $23.16 million in FY2021 (-16.8%).
- Quarterly Operating Leases has ranged from $12.46 million in Q2 2023 to $56.18 million in Q4 2025 over the past five years.
- On a year-over-year basis, Operating Leases has increased for three consecutive quarters, with growth averaging 50.8% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 308.1% in Q2 2024, against a decline of 39.3% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $55.69 million (Q1 2026), $56.18 million (Q4 2025) and $47.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.88 Mn |
| 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 |
API Access
Manhattan Associates Operating Leases 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-leases&ticker=MANH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=MANH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();