Manhattan Associates (MANH) Tax Rate (2010 - 2026)
Manhattan Associates (MANH) reported Tax Rate of 28.84% for Q1 2026, up 1035.0% year-over-year from 2.54% in Q1 2025, and up 2948.02% quarter-over-quarter from 0.95% in Q4 2025.
Manhattan Associates (MANH) Tax Rate (2010 - 2026) Analysis & Trends
Manhattan Associates (MANH) has 17 years of Tax Rate data on file, last reported at 28.84% in Q1 2026.
- Tax Rate for Q1 2026 came in at 28.84%, up 1035.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 204.47% (down 6023.0% YoY), and the FY2025 annual result was 212.0%, down 8534.0% from the prior year.
- Tax Rate advanced to 28.84% in Q1 2026 per MANH's latest filing, from 0.95% in the prior quarter.
- Over five years, Tax Rate peaked at 140.36% in Q4 2022 and troughed at 24.33% in Q4 2024.
- A 5-year average of 25.67% and a median of 21.95% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2024: Tax Rate soared 11684 bps in 2022, then tumbled 9103 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 140.36% in 2022, then sank by 52 bps to 66.7% in 2023, then tumbled by 136 bps to 24.33% in 2024, then soared by 104 bps to 0.95% in 2025, then surged by 2948 bps to 28.84% in 2026.
- Business Quant data shows MANH's Tax Rate at 28.84% in Q1 2026, 0.95% in Q4 2025, and 25.24% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Manhattan Associates | 8.34 Bn | 8.12 Bn | 155.57 Mn | 28.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.84% |
| Mar 31, 2026 | 28.84% |
| Dec 31, 2025 | 0.95% |
| Dec 31, 2025 | 0.95% |
| Sep 30, 2025 | 25.24% |
| Sep 30, 2025 | 25.24% |
| Jun 30, 2025 | 23.79% |
| Jun 30, 2025 | 23.79% |
| Mar 31, 2025 | 18.49% |
| Mar 31, 2025 | 18.49% |
| Dec 31, 2024 | -24.33% |
| Dec 31, 2024 | -24.33% |
| Sep 30, 2024 | 16.52% |
| Sep 30, 2024 | 16.52% |
| Jun 30, 2024 | 23.64% |
| Jun 30, 2024 | 23.64% |
| Mar 31, 2024 | 8.23% |
| Mar 31, 2024 | 8.23% |
| Dec 31, 2023 | 66.70% |
| Dec 31, 2023 | 66.70% |