Manhattan Associates (MANH) Research & Development (2010 - 2026)
Manhattan Associates' (MANH) quarterly Research & Development came in at $34.8 million in Q2 2026, little changed year-over-year from $34.9 million in Q2 2025, and down 6.91% quarter-over-quarter from $37.3 million in Q1 2026.
Analysis
Manhattan Associates (MANH) Research & Development (2010 - 2026) Analysis & Trends
Manhattan Associates has disclosed Research & Development across 17 years of filings, most recently posting $34.8 million for Q2 2026.
- In Q2 2026, Research & Development changed 0.3% year-over-year to $34.8 million; the TTM figure through Jun 2026 stood at $147.0 million (up 6.9% YoY), while the FY2025 annual figure was $145.1 million, up 5.35% from the prior year.
- Research & Development came in at $34.8 million for Q2 2026 at Manhattan Associates, down from $37.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $38.5 million in Q4 2025 to a low of $27.1 million in Q4 2022.
- Average Research & Development over 5 years is $33.0 million, with a median of $33.7 million recorded in 2023.
- Year-over-year, Research & Development gained 25.68% in 2022 and dropped 1.31% in 2025.
- Over 5 years, Research & Development stood at $27.1 million in 2022, then rose by 15.5% to $31.3 million in 2023, then rose by 5.33% to $33.0 million in 2024, then rose by 16.78% to $38.5 million in 2025, then declined by 9.78% to $34.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $34.8 million in Q2 2026, $37.3 million in Q1 2026, and $38.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 203.60 Mn |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 34.77 Mn |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 27.40 Mn |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 43.94 Mn |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | 26.11 Mn |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | -3.62 Mn |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 5.54 Mn |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | - |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 4.36 Mn |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 1.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.77 Mn |
| Mar 31, 2026 | 37.35 Mn |
| Dec 31, 2025 | 38.53 Mn |
| Sep 30, 2025 | 36.36 Mn |
| Jun 30, 2025 | 34.87 Mn |
| Mar 31, 2025 | 35.30 Mn |
| Dec 31, 2024 | 33.00 Mn |
| Sep 30, 2024 | 34.35 Mn |
| Jun 30, 2024 | 35.33 Mn |
| Mar 31, 2024 | 35.01 Mn |
| Dec 31, 2023 | 31.33 Mn |
| Sep 30, 2023 | 33.09 Mn |
| Jun 30, 2023 | 31.60 Mn |
| Mar 31, 2023 | 30.79 Mn |
| Dec 31, 2022 | 27.12 Mn |
| Sep 30, 2022 | 29.38 Mn |
| Jun 30, 2022 | 27.92 Mn |
| Mar 31, 2022 | 27.46 Mn |
| Dec 31, 2021 | 26.78 Mn |
| Sep 30, 2021 | 23.37 Mn |