MANHATTAN ASSOCIATES INC

For the period ended Dec 31, 2025. Filed Feb 4, 2026.

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.

FY2025 · Filed Feb 4, 2026

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,
	2025	2024	2023
Revenue:
Cloud subscriptions	$408,138	$337,203	$254,612
Software license	14,819	15,085	18,206
Maintenance	129,972	138,304	143,936
Services	503,044	525,517	487,869
Hardware	25,419	26,243	24,102
Total revenue	1,081,392	1,042,352	928,725
Costs and expenses:
Cost of cloud subscriptions, maintenance and services	471,405	469,659	429,263
Cost of software license	934	1,321	1,351
Research and development	145,062	137,689	126,814
Sales and marketing	81,175	75,976	74,490
General and administrative	93,762	89,810	81,174
Depreciation and amortization	6,317	6,301	5,752
Restructuring expense	2,937	-	-
Total costs and expenses	801,592	780,756	718,844
Operating income	279,800	261,596	209,881
Interest income	4,389	6,029	5,304
Other income (loss), net	1,705	(811)	(1,514)
Income before income taxes	285,894	266,814	213,671
Income tax provision	65,946	48,450	37,103
Net income	$219,948	$218,364	$176,568
Basic earnings per share	$3.64	$3.56	$2.86
Diluted earnings per share	$3.60	$3.51	$2.82
Weighted average number of shares:
Basic	60,473	61,303	61,817
Diluted	61,054	62,183	62,608

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.