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| Date | Value |
|---|---|
| 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% |