Manhattan Associates (MANH) Tax Rate (2010 - 2026)

Manhattan Associates (MANH) reported Tax Rate of 28.84% for Q1 2026, up 1035.0% on a YoY basis from 2.54% in Q1 2025, and up 631.08% sequentially from 5.43% 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.

  • For the quarter ending Q1 2026, Tax Rate rose 1035.0% year-over-year to 28.84%; the trailing twelve-month figure through Mar 2026 stood at 250.15% (down 1455.0% YoY), and the FY2025 full-year result was 267.37%, down 2997.0% from the prior year.
  • Tax Rate rose to 28.84% in Q1 2026, from 5.43% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 28.84% in Q1 2026 to a low of 50.04% in Q4 2023.
  • A 5-year average of 11.16% and a median of 17.86% in 2023 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate sank 6687 bps in 2023 and soared 2571 bps in 2024, its largest moves.
  • Tracing MANH's Tax Rate over 5 years: stood at 16.83% in 2022, then sank by 397 bps to 50.04% in 2023, then soared by 51 bps to 24.33% in 2024, then jumped by 78 bps to 5.43% in 2025, then surged by 631 bps to 28.84% in 2026.
  • Business Quant data shows MANH's Tax Rate at 28.84% in Q1 2026, 5.43% in Q4 2025, and 25.24% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Manhattan Associates 8.72 Bn 8.50 Bn 193.41 Mn 28.84%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 -24.33%
Sep 30, 2024 16.52%
Sep 30, 2024 16.52%