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
DateValue
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%