Manhattan Associates profit margin MANH
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 18.7%
- Operating margin, 12 months
- 24.3%
- Net margin on a year earlier
- −2.2 pts
- Peer median
- 11.6%
Over the twelve months to Jun 30, 2026, Manhattan Associates kept 18.7% of its revenue as net profit, with an operating margin of 24.3% and a gross margin of 55.8%.
Five years earlier its net margin was 15.9%.
The median for 10 infrastructure software stocks of a similar size is 11.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 20.3% | 25.9% | 56.3% |
| FY2024 | 20.9% | 25.1% | 54.8% |
| FY2023 | 19.0% | 22.6% | 53.6% |
| FY2022 | 16.8% | 19.9% | 53.3% |
| FY2021 | 16.6% | 20.2% | 55.1% |
| FY2020 | 14.9% | 19.5% | 54.0% |
| FY2019 | 13.9% | 18.8% | 53.9% |
| FY2018 | 18.7% | 23.9% | 56.9% |
| FY2017 | 19.6% | 31.2% | 58.7% |
| FY2016 | 20.5% | 32.1% | 58.7% |
| FY2015 | 18.6% | 29.0% | 57.7% |
| FY2014 | 16.7% | 25.8% | 56.8% |
| FY2013 | 16.2% | 24.4% | 56.3% |
| FY2012 | 13.8% | 21.3% | 57.0% |
| FY2011 | 13.6% | 18.6% | 57.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 18.7% | −2.2 pts | 24.3% | |
| Q1 FY26 | 19.7% | −1.0 pts | 25.6% | |
| Q4 FY25 | 20.3% | −0.6 pts | 25.9% | |
| Q3 FY25 | 20.2% | −1.1 pts | 25.6% | |
| Q2 FY25 | 20.9% | +0.4 pts | 25.8% | |
| Q1 FY25 | 20.7% | +0.8 pts | 25.4% | |
| Q4 FY24 | 20.9% | +1.9 pts | 25.1% | |
| Q3 FY24 | 21.4% | +2.7 pts | 25.3% | |
| Q2 FY24 | 20.5% | +3.3 pts | 23.9% | |
| Q1 FY24 | 19.9% | +3.0 pts | 22.9% | |
| Q4 FY23 | 19.0% | +2.2 pts | 22.6% | |
| Q3 FY23 | 18.6% | +3.6 pts | 22.0% |
Against its peers
Companies in Software - Infrastructure nearest Manhattan Associates' size, closest first, today.
| Company | Profit margin |
|---|---|
| MANHManhattan Associates | 18.7% |
| CACICaci International | 5.6% |
| GDDYGoDaddy | 17.8% |
| AKAMAkamai Technologies | 9.5% |
| GENGen Digital | 20.7% |
| GWREGuidewire Software | 9.4% |
| PAYCPaycom Software | 22.8% |
| DOCUDocusign | 9.8% |
| TYLTyler Technologies | 13.4% |
| BSYBentley Systems | 18.1% |
| LDOSLeidos | 7.8% |
| Peer median | 11.6% |
Where Manhattan Associates ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Manhattan Associates
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.