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% on a QoQ basis from 0.95% in Q4 2025.
Manhattan Associates (MANH) has 17 years of Tax Rate data on file, last reported at 28.84% in Q1 2026.
- Quarterly Tax Rate rose 1035.0% year-over-year to 28.84% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 204.47% (down 6023.0% YoY) and the FY2025 annual result came in at 212.0%, down 8534.0% from the prior year.
- Tax Rate climbed to 28.84% in Q1 2026 per MANH's latest filing, from 0.95% in the prior quarter.
- Across five years, Tax Rate topped out at 140.36% in Q4 2022 and bottomed at 24.33% in Q4 2024.
- The 5-year median for Tax Rate is 21.95% (2022), against an average of 25.67%.
- The widest annual swing landed in 2022, when Tax Rate jumped 11684 bps; it then sank 9103 bps in 2024.
- Tracing MANH's Tax Rate over 5 years: stood at 140.36% in 2022, then tumbled by 52 bps to 66.7% in 2023, then sank by 136 bps to 24.33% in 2024, then jumped by 104 bps to 0.95% in 2025, then soared by 2948 bps to 28.84% in 2026.
- Per Business Quant, the three latest MANH Tax Rate figures stand at 28.84% (Q1 2026), 0.95% (Q4 2025), and 25.24% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Manhattan Associates | 8.28 Bn | 8.05 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 |
| Sep 30, 2023 | 10.45 |
| Sep 30, 2023 | 10.45 |
| Jun 30, 2023 | 23.10 |
| Jun 30, 2023 | 23.10 |
| Mar 31, 2023 | 17.86 |
| Mar 31, 2023 | 17.86 |
| Dec 31, 2022 | 140.36 |
| Dec 31, 2022 | 140.36 |
| Sep 30, 2022 | 22.69 |
| Sep 30, 2022 | 22.69 |
| Jun 30, 2022 | 21.95 |
| Jun 30, 2022 | 21.95 |
| Mar 31, 2022 | 11.86 |
| Mar 31, 2022 | 11.86 |
| Dec 31, 2021 | 23.52 |
| Dec 31, 2021 | 23.52 |
| Sep 30, 2021 | 13.48 |
| Sep 30, 2021 | 13.48 |
| Jun 30, 2021 | 22.87 |
| Jun 30, 2021 | 22.87 |
| Mar 31, 2021 | 9.90 |
| Mar 31, 2021 | 9.90 |
| Dec 31, 2020 | 25.42 |
| Dec 31, 2020 | 25.42 |
| Sep 30, 2020 | 26.75 |
| Sep 30, 2020 | 26.75 |
| Jun 30, 2020 | 27.62 |
| Jun 30, 2020 | 27.62 |
| Mar 31, 2020 | 12.05 |
| Mar 31, 2020 | 12.05 |
| Dec 31, 2019 | 32.57 |
| Dec 31, 2019 | 32.57 |
| Sep 30, 2019 | 24.30 |
| Sep 30, 2019 | 24.30 |
| Jun 30, 2019 | 23.94 |
| Jun 30, 2019 | 23.94 |
| Mar 31, 2019 | 24.85 |
| Mar 31, 2019 | 24.85 |
| Dec 31, 2018 | 22.35 |
| Dec 31, 2018 | 22.35 |
| Sep 30, 2018 | 24.39 |
| Sep 30, 2018 | 24.39 |
| Jun 30, 2018 | 24.55 |
| Jun 30, 2018 | 24.55 |
| Mar 31, 2018 | 20.66 |
| Mar 31, 2018 | 20.66 |
| Dec 31, 2017 | 42.98 |
| Dec 31, 2017 | 42.98 |
| Sep 30, 2017 | 36.46 |
| Sep 30, 2017 | 36.46 |
| Jun 30, 2017 | 36.69 |
| Jun 30, 2017 | 36.69 |
| Mar 31, 2017 | 31.74 |
| Mar 31, 2017 | 31.74 |
| Dec 31, 2016 | 34.64 |
| Dec 31, 2016 | 34.64 |
| Sep 30, 2016 | 37.73 |
| Sep 30, 2016 | 37.73 |
| Jun 30, 2016 | 37.00 |
| Jun 30, 2016 | 37.00 |
| Mar 31, 2016 | 37.00 |
| Mar 31, 2016 | 37.00 |
| Dec 31, 2015 | 33.57 |
| Dec 31, 2015 | 33.57 |
| Sep 30, 2015 | 37.00 |
| Sep 30, 2015 | 37.00 |
| Jun 30, 2015 | 37.69 |
| Jun 30, 2015 | 37.69 |
| Mar 31, 2015 | 37.50 |
| Mar 31, 2015 | 37.50 |
| Dec 31, 2014 | 31.98 |
| Dec 31, 2014 | 31.98 |
| Sep 30, 2014 | 36.97 |
| Sep 30, 2014 | 36.97 |
| Jun 30, 2014 | 37.24 |
| Jun 30, 2014 | 37.24 |
| Mar 31, 2014 | 37.25 |
| Mar 31, 2014 | 37.25 |
| Dec 31, 2013 | 31.38 |
| Dec 31, 2013 | 31.38 |
| Sep 30, 2013 | 37.14 |
| Sep 30, 2013 | 37.14 |
| Jun 30, 2013 | 36.54 |
| Jun 30, 2013 | 36.54 |
| Mar 31, 2013 | 32.59 |
| Mar 31, 2013 | 32.59 |
| Dec 31, 2012 | 36.53 |
| Dec 31, 2012 | 36.53 |
| Sep 30, 2012 | 35.56 |
| Sep 30, 2012 | 35.56 |
| Jun 30, 2012 | 36.00 |
| Jun 30, 2012 | 36.00 |
| Mar 31, 2012 | 36.00 |
| Mar 31, 2012 | 36.00 |
| Dec 31, 2011 | 37.55 |
| Dec 31, 2011 | 37.55 |
| Sep 30, 2011 | 26.56 |
| Sep 30, 2011 | 26.56 |
| Jun 30, 2011 | 33.47 |
| Jun 30, 2011 | 33.47 |
| Mar 31, 2011 | 5.35 |
| Mar 31, 2011 | 5.35 |
| Dec 31, 2010 | 28.82 |
| Dec 31, 2010 | 28.82 |
| Sep 30, 2010 | 33.87 |
| Sep 30, 2010 | 33.87 |
| Jun 30, 2010 | 33.54 |
| Jun 30, 2010 | 33.54 |
| Mar 31, 2010 | 34.50 |
| Mar 31, 2010 | 34.50 |