Manhattan Associates (MANH) Payables (2010 - 2026)
Manhattan Associates (MANH) recorded Payables of $30.73 million in Q2 2026, up 28.6% from $23.9 million a year earlier and up 37.1% from the prior quarter.
Manhattan Associates (MANH) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, Manhattan Associates reported Payables of $22.18 million, down 16.7% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 4.5% (FY2020 to FY2025).
- Across earlier years, Payables came in at $26.62 million in FY2024 (+8.6%), $24.51 million in FY2023 (-4.6%), $25.7 million in FY2022 (+31.0%) and $19.63 million in FY2021 (+10.2%).
- The Q2 2026 figure is the highest quarterly Payables in data going back to Q4 2010.
- On a year-over-year basis, Payables rose in two of the last eight quarters, with an average decline of 2.2%.
- Peak year-over-year performance for Payables in the last five years was growth of 34.2% in Q1 2022, against a decline of 16.7% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $22.42 million (Q1 2026), $22.18 million (Q4 2025) and $21.36 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | 206,170.00 |
| 2 | Veeva Systems | 49.39 Bn | 21.63 Bn | 695.95 Mn | 35.98 Mn |
| 3 | Samsara | 23.96 Bn | 20.73 Bn | 392.58 Mn | 41.24 Mn |
| 4 | Ptc | 22.37 Bn | 21.18 Bn | 490.47 Mn | 34.91 Mn |
| 5 | Toast | 20.05 Bn | 12.69 Bn | 543.00 Mn | 51.00 Mn |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn | 22.12 Mn |
| 7 | Bentley Systems | 13.89 Bn | 13.37 Bn | 349.55 Mn | 20.61 Mn |
| 8 | Trimble | 12.57 Bn | 11.65 Bn | 659.10 Mn | 310.00 Mn |
| 9 | Costar | 12.28 Bn | 7.66 Bn | 741.00 Mn | 56.00 Mn |
| 10 | Procore Technologies | 11.33 Bn | 8.70 Bn | 323.62 Mn | 45.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.12 Mn |
| Jun 30, 2026 | 30.73 Mn |
| Mar 31, 2026 | 22.42 Mn |
| Dec 31, 2025 | 22.18 Mn |
| Sep 30, 2025 | 21.36 Mn |
| Jun 30, 2025 | 23.90 Mn |
| Mar 31, 2025 | 24.20 Mn |
| Dec 31, 2024 | 26.62 Mn |
| Sep 30, 2024 | 23.18 Mn |
| Jun 30, 2024 | 25.58 Mn |
| Mar 31, 2024 | 26.40 Mn |
| Dec 31, 2023 | 24.51 Mn |
| Sep 30, 2023 | 25.25 Mn |
| Jun 30, 2023 | 26.12 Mn |
| Mar 31, 2023 | 25.36 Mn |
| Dec 31, 2022 | 25.70 Mn |
| Sep 30, 2022 | 27.36 Mn |
| Jun 30, 2022 | 25.15 Mn |
| Mar 31, 2022 | 24.59 Mn |
| Dec 31, 2021 | 19.63 Mn |
Manhattan Associates Payables 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=payables&ticker=MANH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=MANH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();