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    Manhattan Associates Inc (MANH)

    Official site

    TECHNOLOGY • SOFTWARE - APPLICATION • NASDAQ

    $226.96
    +6.92 (+3.14%)

    Market Cap: $12.83B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    100%(39/39)
    Avg Surprise
    +22.06%
    Streak
    71 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.46
    Range$1.44 - $1.51
    10 analysts
    EPS RevisionsNo revisions (7d)
    1
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$1.44+1.7%
    60d ago$1.46+0.0%
    30d ago$1.47-0.2%
    7d ago$1.460.0%
    Current$1.46
    Revenue Consensus
    $297M
    Range$296M - $299M
    8 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.60
    Range$1.51 - $1.74
    11 analysts
    Revenue Consensus
    $307M
    Range$304M - $315M
    10 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$1.60---
    Sep 26EST
    -$1.46---
    Jun 26
    Reported Jul 28
    $0.96$0.91+5.49%Beat-26.7%
    Mar 26
    Reported Apr 21
    $1.24$1.11+11.71%Beat+4.2%
    Dec 25
    Reported Jan 27
    $1.21$1.13+7.08%Beat+3.4%
    Sep 25
    Reported Oct 21
    $1.36$1.19+14.29%Beat+0.7%
    Jun 25
    Reported Jul 22
    $1.31$1.13+15.93%Beat+11.0%
    Mar 25
    Reported Apr 22
    $1.19$1.03+15.53%Beat+15.5%
    Dec 24
    Reported Jan 28
    $1.17$1.06+10.38%Beat+13.6%
    Sep 24
    Reported Oct 22
    $1.35$1.06+27.36%Beat+28.6%
    Jun 24
    Reported Jul 23
    $1.18$0.96+22.92%Beat+34.1%
    Mar 24
    Reported Apr 23
    $1.03$0.87+18.39%Beat+28.7%
    Dec 23
    Reported Jan 30
    $1.03$0.80+28.75%Beat+27.2%
    Sep 23
    Reported Oct 24
    $1.05$0.77+36.36%Beat+59.1%
    Jun 23
    Reported Jul 25
    $0.88$0.72+22.22%Beat+27.5%
    Mar 23
    Reported Apr 25
    $0.80$0.65+23.08%Beat+33.3%
    Dec 22
    Reported Feb 2
    $0.81$0.50+62.00%Beat+68.8%
    Sep 22
    Reported Oct 25
    $0.66$0.57+15.79%Beat-7.0%
    Jun 22
    Reported Jul 26
    $0.69$0.54+27.78%Beat+13.1%
    Mar 22
    Reported Apr 26
    $0.60$0.45+33.33%Beat+39.5%
    Dec 21
    Reported Feb 1
    $0.48$0.38+26.32%Beat+6.7%
    Sep 21
    Reported Oct 26
    $0.71$0.54+31.48%Beat+39.2%
    Jun 21
    Reported Jul 27
    $0.61$0.43+41.86%Beat+52.5%
    Mar 21
    Reported Apr 27
    $0.43$0.32+34.38%Beat+7.5%
    Dec 20
    Reported Feb 2
    $0.45$0.32+40.63%Beat+12.5%
    Sep 20
    Reported Oct 22
    $0.51$0.39+30.77%Beat+0.0%
    Jun 20
    Reported Jul 23
    $0.40$0.34+17.65%Beat-4.8%
    Mar 20
    Reported Apr 21
    $0.40$0.33+21.21%Beat-2.4%
    Dec 19
    Reported Feb 4
    $0.40$0.31+29.03%Beat-13.0%
    Sep 19
    Reported Oct 22
    $0.51$0.36+41.67%Beat+4.1%
    Jun 19
    Reported Jul 23
    $0.42$0.35+20.00%Beat-10.6%
    Mar 19
    Reported Apr 23
    $0.41$0.34+20.59%Beat+10.8%
    Dec 18
    Reported Feb 5
    $0.46$0.37+24.32%Beat+2.2%
    Sep 18
    Reported Oct 23
    $0.49$0.40+22.50%Beat-3.9%
    Jun 18
    Reported Jul 24
    $0.47$0.41+14.63%Beat-6.0%
    Mar 18
    Reported Apr 24
    $0.37$0.31+19.35%Beat-11.9%
    Dec 17
    Reported Feb 6
    $0.45$0.45+0.00%Beat-2.2%
    Sep 17
    Reported Oct 24
    $0.51$0.49+4.08%Beat-
    Jun 17
    Reported Jul 20
    $0.50$0.48+4.17%Beat-
    Mar 17
    Reported Apr 20
    $0.42$0.38+10.53%Beat-
    Dec 16
    Reported Jan 31
    $0.46$0.43+6.98%Beat-

    Key Metrics

    Valuation
    P/E Ratio47.58EV/EBITDA46.04x
    Price/FCF33.41xFCF Yield2.99%
    Profitability
    Profit Margin18.70%Operating Margin25.00%
    ROE96.40%ROICN/A
    Financial Health
    Debt/Equity0.00xInterest Coverage-64.14x
    Current Ratio0.98xQuick Ratio0.98x
    Trading Statistics
    Beta0.95Avg Volume603.62K
    52-Week High$227.0352-Week Low$119.06

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$211.38
    SMA 20$208.63
    SMA 50$208.27
    SMA 200$162.85
    EMA 10$214.50
    EMA 20$210.98
    EMA 50$202.60
    EMA 200$177.41

    MACD

    Line: 3.75Signal: 1.59Hist: 2.16

    ADX

    ADX: 19.3+DI: 33.7-DI: 15.9

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down48.0
    PSAR$201.27

    Bollinger Bands

    Upper Band$224.07
    Lower Band$193.19
    %B Position1480%(Upper)
    Band Width1.09

    RSI (14-Day)

    Neutral
    67.9

    Momentum Oscillators

    Stoch %K88.6
    Stoch %D82.8
    Williams %R-3.3
    ROC (10d)11.2%
    Momentum22.81
    CCI (20d)199.2
    MFI (14d)67.5

    Volatility Measures

    ATR (14d)$7.02(3.1%)
    StdDev (20d)7.72
    Hist Vol33.1%(Moderate)

    Volume Flow

    VWAP$225.23
    OBV14.2M
    AD Line12.6M
    CMF (20d)0.104

    Volume Metrics

    Avg Vol (20d)583.0K
    Vol Ratio1.2x
    VWMA (20d)$209.91

    Pivot Points

    R3$230.16
    R2$226.45
    R1$223.24
    Pivot Point$219.53
    S1$216.32
    S2$212.61
    S3$209.40

    Advanced Oscillators

    TSI15.70
    Ultimate Osc62.4
    KST1.28

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$297.79M$282.21M$270.39M$275.80M$272.42M$262.79M$255.80M$266.68M$265.32M$254.55M$238.25M$238.44M
    Cost of Revenue$129.46M$126.64M$121.75M$119.81M$116.22M$114.57M$112.99M$118.66M$120.04M$119.29M$106.73M$111.44M
    Gross Profit$168.33M$155.57M$148.64M$155.98M$156.21M$148.22M$142.81M$148.02M$145.28M$135.26M$131.52M$127.00M
    Operating Expenses$102.10M$90.64M$81.63M$80.16M$82.42M$85.05M$82.12M$72.93M$77.09M$77.64M$72.66M$73.55M
    R&D$34.77M$37.35M$38.53M$36.36M$34.87M$35.30M$33.00M$34.35M$35.33M$35.01M$31.33M$33.09M
    SG&A$26.74M$23.71M$19.49M$24.08M$25.98M$24.22M$27.19M$20.31M$21.11M$21.20M$19.61M$21.37M
    Operating Income$66.23M$64.94M$67.01M$75.83M$73.79M$63.17M$60.69M$75.09M$68.19M$57.63M$58.87M$53.45M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Income Before Tax$67.21M$69.27M$68.45M$78.43M$74.50M$64.51M$62.68M$76.40M$69.10M$58.63M$59.73M$55.19M
    Income Tax Expense$16.86M$19.98M$16.50M$19.80M$17.72M$11.93M$14.67M$12.62M$16.34M$4.83M$11.00M$5.77M
    Net Income$50.35M$49.30M$51.95M$58.63M$56.78M$52.58M$48.02M$63.78M$52.77M$53.80M$48.74M$49.42M
    EBITDA$68.85M$71.11M$65.59M$80.09M$76.09M$66.05M$58.29M$78.09M$70.59M$60.12M$55.93M$56.63M
    EBIT$67.21M$69.27M$64.06M$78.43M$74.50M$64.51M$56.66M$76.40M$69.10M$58.63M$54.43M$55.19M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $29.22M
    Gov Obligations / Revenue
    2.6%
    Obligations YoY
    3.6%
    Active Awards
    5
    New Awards (TTM)
    3
    Avg Remaining Term
    1.9 mo

    Top agency: Department of Homeland Security at 90.8% of trailing twelve month obligations across 2 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    70FA3125F00000047Department of Homeland SecurityFederal Emergency Management Agency$221520Sep 26, 2025
    70FA3126F00000051Department of Homeland SecurityFederal Emergency Management Agency$94400Aug 3, 2026
    70FA3026F00000089Department of Homeland SecurityFederal Emergency Management Agency$29500Apr 18, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    MANH Valuation and Fair Value

    P/E
    47.6x
    Forward P/E
    40.3x
    EV/EBITDA
    46.0x
    P/FCF
    33.4x
    PEG
    2.6x
    P/B
    84.7x
    See GNG's fair value

    MANH Profitability: Margins, ROIC and FCF

    Gross margin
    55.8%
    Operating margin
    25.0%
    Net margin
    18.7%
    ROE
    96.4%
    FCF margin
    35.4%
    FCF yield
    3.0%

    MANH Analyst Ratings

    Consensus
    Buy
    Analysts
    11
    Strong Buy
    2
    Buy
    6
    Hold
    3
    Sell
    0
    Strong Sell
    0

    MANH Bull Case vs Bear Case

    Bull case

    • MANH converts 35.4% of revenue into free cash flow.
    • MANH beat EPS estimates in 100.0% of its last 8 reported quarters.
    • 72.7% of MANH's analyst ratings are Buy or Strong Buy.

    Bear case

    • MANH trades at 47.6x trailing earnings.

    MANH Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    13.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.46
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 1 down

    Frequently Asked Questions About MANH

    Does MANH pay dividends?

    Manhattan Associates Inc (MANH) does not currently pay a regular dividend.

    What is MANH's P/E ratio?

    Manhattan Associates Inc has a price-to-earnings (P/E) ratio of 47.58.

    What is MANH's market cap?

    Manhattan Associates Inc (MANH) has a market capitalization of $12.83B with a current stock price of $226.96.

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