Manhattan Associates revenue and financials

MANH · NASDAQ · USD

$202.84Change from previous close: −1.27%Absolute change: −$2.61

Close · October 6, 2026

In the fiscal year ended December 2025, Manhattan Associates reported revenue of $1.08B (+3.75% year over year). Net income was $219.95M, a net margin of 20.3%.

Annual revenue · 2025: $1.08B
  1. $604.56M2016
  2. $594.6M2017
  3. $559.16M2018
  4. $617.95M2019
  5. $586.37M2020
  6. $663.64M2021
  7. $767.08M2022
  8. $928.73M2023
  9. $1.04B2024
  10. $1.08B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+3.75%
2025 vs 2024
Net income growth
+0.73%
2025 vs 2024
Net margin
20.3%
2024: 20.9%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Cash flow · Annual
Item2025202420232022202120202019201820172016
Operating cash flow389295246180185141147137164139
Depreciation and amortization6.36.35.86.77.98.98.08.69.19.1
Capital expenditure-15.5-8.7-4.7-6.6-4.0-2.7-15.2-7.3-6.2-6.8
Investing cash flow-15.5-8.7-4.7-6.6-4.0—————
Financing cash flow-315-286-196-204-120—————
Share repurchases-315-286-196-204-120-43.6-121-149-132-168
Effect of exchange rates3.7-4.5-0.2-6.8-1.7—————
Net change in cash62.5-4.545.3-38.259.0—————
Free cash flow374286241173181—————
Levered free cash flow312260236176168—————