Growth Metrics

Manhattan Associates (MANH) Research & Development (2010 - 2026)

Manhattan Associates (MANH) reported Research & Development of $37.3 million for Q1 2026, up 5.8% year-over-year from $35.3 million in Q1 2025, and down 3.08% on a QoQ basis from $38.5 million in Q4 2025.

Manhattan Associates (MANH) has 17 years of Research & Development data on file, last reported at $37.3 million in Q1 2026.

  • Quarterly Research & Development rose 5.8% year-over-year to $37.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $147.1 million (up 6.62% YoY) and the FY2025 annual result came in at $145.1 million, up 5.35% from the prior year.
  • Research & Development fell to $37.3 million in Q1 2026 per MANH's latest filing, from $38.5 million in the prior quarter.
  • Across five years, Research & Development topped out at $38.5 million in Q4 2025 and bottomed at $27.1 million in Q4 2022.
  • The 5-year median for Research & Development is $33.1 million (2023), against an average of $32.9 million.
  • The widest annual swing landed in 2022, when Research & Development rose 25.68%; it then slipped 1.31% in 2025.
  • Tracing MANH's Research & Development over 5 years: stood at $27.1 million in 2022, then increased by 15.5% to $31.3 million in 2023, then increased by 5.33% to $33.0 million in 2024, then increased by 16.78% to $38.5 million in 2025, then declined by 3.08% to $37.3 million in 2026.
  • Per Business Quant, the three latest MANH Research & Development figures stand at $37.3 million (Q1 2026), $38.5 million (Q4 2025), and $36.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -1.99 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.62 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 951.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 437.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 823.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 508.44 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.11 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 253.90 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 840.00 Mn
10 Manhattan Associates 8.28 Bn 8.05 Bn 155.57 Mn 37.35 Mn

Historic Data

Download Data 🔒
DateValue
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
Jun 30, 2021 23.21 Mn
Mar 31, 2021 24.26 Mn
Dec 31, 2020 20.56 Mn
Sep 30, 2020 20.45 Mn
Jun 30, 2020 19.93 Mn
Mar 31, 2020 23.33 Mn
Dec 31, 2019 21.78 Mn
Sep 30, 2019 22.61 Mn
Jun 30, 2019 22.00 Mn
Mar 31, 2019 21.21 Mn
Dec 31, 2018 18.21 Mn
Sep 30, 2018 18.45 Mn
Jun 30, 2018 18.18 Mn
Mar 31, 2018 17.06 Mn
Dec 31, 2017 14.63 Mn
Sep 30, 2017 14.75 Mn
Jun 30, 2017 14.10 Mn
Mar 31, 2017 14.23 Mn
Dec 31, 2016 13.18 Mn
Sep 30, 2016 13.39 Mn
Jun 30, 2016 13.46 Mn
Mar 31, 2016 14.71 Mn
Dec 31, 2015 13.46 Mn
Sep 30, 2015 13.59 Mn
Jun 30, 2015 13.26 Mn
Mar 31, 2015 13.56 Mn
Dec 31, 2014 13.05 Mn
Sep 30, 2014 12.24 Mn
Jun 30, 2014 11.87 Mn
Mar 31, 2014 11.80 Mn
Dec 31, 2013 11.14 Mn
Sep 30, 2013 10.91 Mn
Jun 30, 2013 11.03 Mn
Mar 31, 2013 11.48 Mn
Dec 31, 2012 10.95 Mn
Sep 30, 2012 11.40 Mn
Jun 30, 2012 10.80 Mn
Mar 31, 2012 11.55 Mn
Dec 31, 2011 10.44 Mn
Sep 30, 2011 10.88 Mn
Jun 30, 2011 10.68 Mn
Mar 31, 2011 10.38 Mn
Dec 31, 2010 9.87 Mn
Sep 30, 2010 9.87 Mn
Jun 30, 2010 10.33 Mn
Mar 31, 2010 10.44 Mn