Manhattan Associates (MANH) Tax Rate (2010 - 2026)
Manhattan Associates (MANH) posted quarterly Tax Rate of 25.09% for Q2 2026, up 130.0% year-over-year from 10.91% in Q2 2025, and down 13.01% on a QoQ basis from 28.84% in Q1 2026.
Manhattan Associates (MANH) Tax Rate (2010 - 2026) Analysis & Trends
Manhattan Associates has reported Tax Rate for 17 years, with the latest figure at 25.09% in Q2 2026.
- Tax Rate for Q2 2026 came in at 25.09%, up 130.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 25.81% (down 498.0% YoY), and the FY2025 annual result was 23.07%, down 584.0% from the prior year.
- Tax Rate slipped to 25.09% in Q2 2026, from 28.84% in the prior quarter.
- Over five years, Tax Rate peaked at 82.09% in Q4 2022 and troughed at 8.23% in Q1 2024.
- A 5-year average of 28.88% and a median of 23.37% in 2023 frame the typical range for Tax Rate.
- The widest annual swing landed in 2022, when Tax Rate soared 5136 bps; it then plunged 4507 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 82.09% in 2022, then declined by 19 bps to 66.7% in 2023, then advanced by 4 bps to 69.17% in 2024, then slumped by 65 bps to 24.1% in 2025, then gained by 4 bps to 25.09% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 25.09% in Q2 2026, 28.84% in Q1 2026, and 24.1% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Manhattan Associates | 11.51 Bn | 11.32 Bn | 168.33 Mn | 25.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.09% |
| Jun 30, 2026 | 25.09% |
| Jun 30, 2026 | 25.09% |
| Mar 31, 2026 | 28.84% |
| Mar 31, 2026 | 28.84% |
| Mar 31, 2026 | 28.84% |
| Dec 31, 2025 | -5.43% |
| Dec 31, 2025 | -5.43% |
| Dec 31, 2025 | -5.43% |
| Sep 30, 2025 | 25.24% |
| Sep 30, 2025 | 25.24% |
| Sep 30, 2025 | 25.24% |
| Jun 30, 2025 | 23.79% |
| Jun 30, 2025 | 23.79% |
| Jun 30, 2025 | 23.79% |
| Mar 31, 2025 | 18.49% |
| Mar 31, 2025 | 18.49% |
| Mar 31, 2025 | 18.49% |
| Dec 31, 2024 | -24.33% |
| Dec 31, 2024 | -24.33% |