MANHATTAN ASSOCIATES INC

For the period ended Dec 31, 2024. Filed Feb 7, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 7, 2025

MANH$257.54+2.3%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

(in thousands, except per share amounts)

	Year Ended December 31,
	2024	2023	2022
Revenue:
Cloud subscriptions	$337,203	$254,612	$176,458
Software license	15,085	18,206	24,848
Maintenance	138,304	143,936	142,198
Services	525,517	487,869	394,096
Hardware	26,243	24,102	29,484
Total revenue	1,042,352	928,725	767,084
Costs and expenses:
Cost of cloud subscriptions, maintenance and services	469,659	429,263	356,111
Cost of software license	1,321	1,351	2,126
Research and development	137,689	126,814	111,877
Sales and marketing	75,976	74,490	64,537
General and administrative	89,810	81,174	73,070
Depreciation and amortization	6,301	5,752	6,663
Total costs and expenses	780,756	718,844	614,384
Operating income	261,596	209,881	152,700
Interest income	6,029	5,304	596
Other (loss) income, net	(811)	(1,514)	4,825
Income before income taxes	266,814	213,671	158,121
Income tax provision	48,450	37,103	29,162
Net income	$218,364	$176,568	$128,959
Basic earnings per share	$3.56	$2.86	$2.05
Diluted earnings per share	$3.51	$2.82	$2.03
Weighted average number of shares:
Basic	61,303	61,817	62,768
Diluted	62,183	62,608	63,408

The accompanying notes are an integral part of these Consolidated Statements of Income.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.