Manhattan Associates (MANH) Operating Leases (2019 - 2026)
Manhattan Associates (MANH) reported Operating Leases of $55.7 million for Q1 2026, up 18.48% year-over-year from $47.0 million in Q1 2025, and down 0.88% quarter-over-quarter 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.
- Operating Leases for Q1 2026 came in at $55.7 million, up 18.48% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.7 million (up 18.48% YoY), and the FY2025 annual result was $56.2 million, up 17.55% from the prior year.
- Operating Leases fell to $55.7 million in Q1 2026 per MANH's latest filing, from $56.2 million in the prior quarter.
- Over five years, Operating Leases peaked at $56.2 million in Q4 2025 and troughed at $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.
- The sharpest annual moves came in 2022 and 2024: Operating Leases tumbled 39.26% in 2022, then soared 308.07% in 2024.
- A 5-year view of Operating Leases shows it stood at $14.1 million in 2022, then increased by 25.8% to $17.7 million in 2023, then soared by 170.11% to $47.8 million in 2024, then climbed by 17.55% to $56.2 million in 2025, then decreased 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Manhattan Associates | 8.34 Bn | 8.12 Bn | 155.57 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 |