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The financials
Manhattan Associates, Inc. by the numbers
Manhattan Associates, Inc. (MANH) reported revenue of $298M in Q2 2026 (quarter ended Jun 30, 2026), up 9.3% from the same quarter a year earlier. That came with a gross margin of 57% and net income of $50M (17% of revenue). For the full year FY2025, revenue was $1.08B (+3.7% year on year) and net income $220M. Its largest product in Q2 2026 was Service Other at $133M, 45% of the disclosed total, just ahead of Cloud Subscriptions at 43%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $298M | $272M | +9.3% |
| Gross profit | $168M | $156M | +7.8% |
| Operating income | $66M | $74M | −10% |
| Net income | $50M | $57M | −11% |
| Diluted EPS | $0.85 | $0.93 | −8.6% |
| Product | Revenue | Share |
|---|---|---|
| Service Other | $133M | 45% |
| Cloud Subscriptions | $127M | 43% |
| Maintenance | $31M | 10% |
| Hardware | $5.6M | 1.9% |
| License And Maintenance | $1.9M | 0.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $297.8M (+5.5%)
Cloud Subscriptions grew +26% year on yearHardware -14% year on year
Segment Latestquarter on quarteryear on year
- Service Other$133.0M$133.0MQoQ +5.8%year on year +3.2%+5.8%+3.2%
- Cloud Subscriptions$126.7M$126.7MQoQ +8.2%year on year +26%+8.2%+26%
- Maintenance$30.5M$30.5MQoQ -0.23%year on year -13%-0.23%-13%
- Hardware$5.6M$5.6MQoQ -15%year on year -14%-15%-14%
- License And Maintenance$1.9M$1.9MQoQ -14%year on year +26%-14%+26%
Software - Application
Ranks #10 of 72 by Smart Score