Manhattan Associates, Inc. (MANH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 282.21M | 270.39M | 275.8M | 272.42M | 262.79M | 255.8M | 266.68M | 265.32M | 254.55M | 238.25M | 238.44M | 231.02M | 221.01M | 198.1M | 198.1M | 191.92M | 178.96M | 171.49M | 169.19M | 166.11M |
| Revenue Growth % | 7.39% | 5.7% | 3.42% | 2.68% | 3.24% | 7.36% | 11.84% | 14.85% | 15.18% | 20.27% | 20.36% | 20.37% | 23.5% | 15.52% | 17.09% | 15.54% | 14.09% | 16.6% | 12.97% | 22.48% |
| Cost of Goods Sold | 126.64M | 123.28M | 121.47M | 117.8M | 114.57M | 114.62M | 120.35M | 121.53M | 120.78M | 108.24M | 111.44M | 110.13M | 105.12M | 91.51M | 97.82M | 90.39M | 85.17M | 83.41M | 73.42M | 72.71M |
| COGS % of Revenue | 44.87% | 45.59% | 44.04% | 43.24% | 43.6% | 44.81% | 45.13% | 45.81% | 47.45% | 45.43% | 46.74% | 47.67% | 47.56% | 46.19% | 49.38% | 47.1% | 47.59% | 48.64% | 43.4% | 43.77% |
| Gross Profit | 155.57M | 147.11M | 154.32M | 154.62M | 148.22M | 141.18M | 146.33M | 143.79M | 133.77M | 130.02M | 127M | 120.88M | 115.9M | 106.59M | 100.28M | 101.53M | 93.78M | 88.08M | 95.77M | 93.4M |
| Gross Margin % | 55.13% | 54.41% | 55.96% | 56.76% | 56.4% | 55.19% | 54.87% | 54.19% | 52.55% | 54.57% | 53.26% | 52.33% | 52.44% | 53.81% | 50.62% | 52.9% | 52.41% | 51.36% | 56.6% | 56.23% |
| Gross Profit Growth % | 4.96% | 4.2% | 5.46% | 7.53% | 10.8% | 8.58% | 15.22% | 18.95% | 15.42% | 21.98% | 26.65% | 19.06% | 23.58% | 21.01% | 4.71% | 8.7% | 16.28% | 12.78% | 16.27% | 32.77% |
| Operating Expenses | 90.64M | 80.1M | 78.5M | 80.83M | 85.05M | 80.49M | 71.24M | 75.6M | 76.14M | 71.15M | 73.55M | 70.4M | 68.81M | 61.89M | 63.51M | 64.28M | 59.81M | 60.94M | 53.36M | 54.05M |
| OpEx % of Revenue | 32.12% | 29.62% | 28.46% | 29.67% | 32.36% | 31.47% | 26.71% | 28.49% | 29.91% | 29.86% | 30.85% | 30.47% | 31.13% | 31.24% | 32.06% | 33.49% | 33.42% | 35.54% | 31.54% | 32.53% |
| Selling, General & Admin | 51.46M | 41.57M | 42.13M | 45.95M | 45.28M | 47.49M | 36.89M | 40.27M | 41.13M | 39.83M | 39.02M | 38.8M | 38.02M | 34.76M | 34.13M | 36.35M | 32.35M | 34.16M | 29.98M | 30.83M |
| SG&A % of Revenue | 18.23% | 15.37% | 15.28% | 16.87% | 17.23% | 18.57% | 13.83% | 15.18% | 16.16% | 16.72% | 16.37% | 16.8% | 17.2% | 17.55% | 17.23% | 18.94% | 18.08% | 19.92% | 17.72% | 18.56% |
| Research & Development | 37.35M | 38.53M | 36.36M | 34.87M | 35.3M | 33M | 34.35M | 35.33M | 35.01M | 31.33M | 33.09M | 31.6M | 30.79M | 27.12M | 29.38M | 27.92M | 27.45M | 26.78M | 23.37M | 23.21M |
| R&D % of Revenue | 13.23% | 14.25% | 13.18% | 12.8% | 13.43% | 12.9% | 12.88% | 13.32% | 13.75% | 13.15% | 13.88% | 13.68% | 13.93% | 13.69% | 14.83% | 14.55% | 15.34% | 15.62% | 13.81% | 13.97% |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 64.94M | 67.01M | 75.83M | 73.79M | 63.17M | 60.69M | 75.09M | 68.19M | 57.63M | 58.87M | 53.45M | 50.48M | 47.09M | 44.7M | 36.77M | 37.25M | 33.97M | 27.14M | 42.41M | 39.36M |
| Operating Margin % | 23.01% | 24.78% | 27.49% | 27.09% | 24.04% | 23.72% | 28.16% | 25.7% | 22.64% | 24.71% | 22.42% | 21.85% | 21.3% | 22.57% | 18.56% | 19.41% | 18.98% | 15.83% | 25.07% | 23.69% |
| Operating Income Growth % | 2.79% | 10.42% | 0.98% | 8.21% | 9.62% | 3.1% | 40.49% | 35.07% | 22.4% | 31.67% | 45.36% | 35.51% | 38.6% | 64.7% | -13.29% | -5.35% | 33.62% | -3.74% | 21.25% | 47.45% |
| EBITDA | 66.77M | 68.54M | 77.49M | 75.37M | 64.71M | 62.32M | 76.78M | 69.68M | 59.12M | 60.37M | 54.89M | 51.8M | 48.57M | 46.21M | 38.43M | 39M | 35.72M | 28.92M | 44.33M | 41.44M |
| EBITDA Margin % | 23.66% | 25.35% | 28.1% | 27.67% | 24.63% | 24.36% | 28.79% | 26.26% | 23.23% | 25.34% | 23.02% | 22.42% | 21.98% | 23.33% | 19.4% | 20.32% | 19.96% | 16.86% | 26.2% | 24.95% |
| EBITDA Growth % | 3.18% | 9.99% | 0.92% | 8.17% | 9.45% | 3.23% | 39.88% | 34.5% | 21.72% | 30.64% | 42.81% | 32.83% | 35.98% | 59.78% | -13.29% | -5.89% | 29.6% | -4.7% | 19.25% | 43.15% |
| D&A (Non-Cash Add-back) | 1.83M | 1.53M | 1.66M | 1.58M | 1.54M | 1.63M | 1.69M | 1.49M | 1.49M | 1.5M | 1.44M | 1.32M | 1.49M | 1.51M | 1.66M | 1.75M | 1.75M | 1.78M | 1.92M | 2.08M |
| EBIT | 64.94M | 68.45M | 78.43M | 74.5M | 66.1M | 60.69M | 75.09M | 68.19M | 57.63M | 59.73M | 53.45M | 50.48M | 47.09M | 44.7M | 36.77M | 37.25M | 33.97M | 27.14M | 42.41M | 39.36M |
| Net Interest Income | 0 | 1.43M | 1.01M | 0 | 0 | 1.48M | 0 | 0 | 0 | 1.41M | 0 | 0 | 0 | 373K | 0 | 0 | 0 | 102K | 0 | 0 |
| Interest Income | 0 | 1.43M | 1.01M | 0 | 0 | 1.48M | 0 | 0 | 0 | 1.41M | 0 | 0 | 0 | 373K | 0 | 0 | 0 | 102K | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 4.34M | 1.44M | 2.6M | 715K | 1.34M | 2M | 1.31M | 914K | 996K | 867K | 1.74M | 1.04M | 143K | 828K | 1.61M | 2.24M | 738K | -232K | -42K | 306K |
| Pretax Income | 69.27M | 68.45M | 78.43M | 74.5M | 64.51M | 62.68M | 76.4M | 69.1M | 58.63M | 59.73M | 55.19M | 51.52M | 47.23M | 45.53M | 38.38M | 39.5M | 34.71M | 26.91M | 42.37M | 39.66M |
| Pretax Margin % | 24.55% | 25.32% | 28.44% | 27.35% | 24.55% | 24.5% | 28.65% | 26.05% | 23.03% | 25.07% | 23.14% | 22.3% | 21.37% | 22.98% | 19.38% | 20.58% | 19.4% | 15.69% | 25.04% | 23.88% |
| Income Tax | 19.98M | 16.5M | 19.8M | 17.72M | 11.93M | 14.67M | 12.62M | 16.34M | 4.83M | 11M | 5.77M | 11.9M | 8.44M | 7.67M | 8.71M | 8.67M | 4.12M | 6.33M | 5.71M | 9.07M |
| Effective Tax Rate % | 28.84% | 24.1% | 25.24% | 23.79% | 18.49% | 23.4% | 16.52% | 23.64% | 8.23% | 18.41% | 10.45% | 23.1% | 17.86% | 16.83% | 22.69% | 21.95% | 11.86% | 23.52% | 13.48% | 22.87% |
| Net Income | 49.3M | 51.95M | 58.63M | 56.78M | 52.58M | 48.02M | 63.78M | 52.77M | 53.8M | 48.74M | 49.42M | 39.62M | 38.79M | 37.87M | 29.67M | 30.82M | 30.59M | 20.58M | 36.65M | 30.59M |
| Net Margin % | 17.47% | 19.21% | 21.26% | 20.84% | 20.01% | 18.77% | 23.92% | 19.89% | 21.14% | 20.46% | 20.73% | 17.15% | 17.55% | 19.12% | 14.98% | 16.06% | 17.09% | 12% | 21.66% | 18.42% |
| Net Income Growth % | -6.25% | 8.2% | -8.07% | 7.61% | -2.27% | -1.48% | 29.06% | 33.18% | 38.69% | 28.7% | 66.55% | 28.53% | 26.8% | 83.99% | -19.04% | 0.76% | 35.11% | 0.2% | 46.82% | 59.31% |
| Net Income (Continuing) | 49.3M | 51.95M | 58.63M | 56.78M | 52.58M | 48.02M | 63.78M | 52.77M | 53.8M | 48.74M | 49.42M | 39.62M | 38.79M | 37.87M | 29.67M | 30.82M | 30.59M | 20.58M | 36.65M | 30.59M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.82 | 0.86 | 0.96 | 0.93 | 0.85 | 0.77 | 1.03 | 0.85 | 0.86 | 0.78 | 0.79 | 0.63 | 0.62 | 0.60 | 0.47 | 0.49 | 0.48 | 0.32 | 0.57 | 0.48 |
| EPS Growth % | -3.53% | 11.69% | -6.8% | 9.41% | -1.16% | -1.28% | 30.38% | 34.92% | 38.71% | 30% | 68.09% | 28.57% | 29.17% | 87.5% | -17.54% | 2.08% | 37.14% | 0% | 46.15% | 60% |
| EPS (Basic) | 0.83 | 0.87 | 0.97 | 0.94 | 0.86 | 0.79 | 1.04 | 0.86 | 0.87 | 0.79 | 0.80 | 0.64 | 0.62 | 0.61 | 0.47 | 0.49 | 0.48 | 0.33 | 0.58 | 0.48 |
| Diluted Shares Outstanding | 60.04M | 60.64M | 60.95M | 61.07M | 61.53M | 62.01M | 61.95M | 62.12M | 62.49M | 62.55M | 62.31M | 62.43M | 62.77M | 63.03M | 63.16M | 63.42M | 63.87M | 64.22M | 64.24M | 64.28M |
| Basic Shares Outstanding | 59.69M | 60.04M | 60.38M | 60.61M | 60.87M | 61M | 61.17M | 61.42M | 61.63M | 61.57M | 61.64M | 61.86M | 62.21M | 62.33M | 62.59M | 62.95M | 63.21M | 63.24M | 63.36M | 63.54M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |