Manhattan Associates (MANH) Tax Rate (2010 - 2026)
Manhattan Associates' (MANH) quarterly Tax Rate came in at 25.09% in Q2 2026, up 130.0% year-over-year from 10.91% in Q2 2025, and down 13.01% quarter-over-quarter from 28.84% in Q1 2026.
Analysis
Manhattan Associates (MANH) Tax Rate (2010 - 2026) Analysis & Trends
Manhattan Associates has disclosed Tax Rate across 17 years of filings, most recently posting 25.09% for Q2 2026.
- In Q2 2026, Tax Rate rose 130.0% year-over-year to 25.09%; the TTM figure through Jun 2026 stood at 25.81% (down 498.0% YoY), while the FY2025 annual figure was 23.07%, down 584.0% from the prior year.
- Tax Rate came in at 25.09% for Q2 2026 at Manhattan Associates, down from 28.84% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 82.09% in Q4 2022 to a low of 8.23% in Q1 2024.
- Average Tax Rate over 5 years is 28.88%, with a median of 23.37% recorded in 2023.
- Year-over-year, Tax Rate jumped 5136 bps in 2022 and tumbled 4507 bps in 2025.
- Over 5 years, Tax Rate stood at 82.09% in 2022, then slipped by 19 bps to 66.7% in 2023, then rose by 4 bps to 69.17% in 2024, then slumped by 65 bps to 24.1% in 2025, then increased 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 9.03% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 25.09% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | - |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 34.06% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -1.03% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | -25.59% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | -20.47% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | -14.10% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | -19.94% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 21.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.09% |
| Mar 31, 2026 | 28.84% |
| Dec 31, 2025 | 24.10% |
| Sep 30, 2025 | 25.24% |
| Jun 30, 2025 | 23.79% |
| Mar 31, 2025 | 18.49% |
| Dec 31, 2024 | 69.17% |
| Sep 30, 2024 | 16.52% |
| Jun 30, 2024 | 23.64% |
| Mar 31, 2024 | 8.23% |
| Dec 31, 2023 | 66.70% |
| Sep 30, 2023 | 10.45% |
| Jun 30, 2023 | 23.10% |
| Mar 31, 2023 | 17.86% |
| Dec 31, 2022 | 82.09% |
| Sep 30, 2022 | 22.69% |
| Jun 30, 2022 | 21.95% |
| Mar 31, 2022 | 11.86% |
| Dec 31, 2021 | 30.72% |
| Sep 30, 2021 | 13.48% |