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Manhattan Associates (MANH)
NASDAQ:MANH
Earnings Data
Report Date
Apr 28, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.12Last Year’s EPS
1.19Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly positive: Manhattan Associates delivered record cloud bookings, strong RPO growth (+25%), improving visibility via a new ramped ARR metric (+23%), healthy cloud revenue growth (+21% FY), strong cash generation, and commercial launches of AI agents with promising early feedback. Negatives were manageable: material maintenance attrition (-19% guidance), services remain only modestly growing after a FY decline, some lumpiness from large deals, and a small customer liquidation headwind. Management provided constructive 2026 guidance (RPO +18–20%, cloud +21%) while investing in sales, services, and AI commercialization.Company Guidance
Record cloud bookings and RPO growth
RPO increased 25% year-over-year to $2.2 billion and the company reported record cloud bookings in Q4, driven by strong new-logo momentum and >70% competitive win rates.
Revenue and cloud revenue growth
Q4 total revenue rose 6% to $270 million. Q4 cloud revenue grew 20% to $109 million and full-year cloud revenue increased 21% to $408 million.
Ramped ARR disclosure and growth
Introduced a four-year ramped ARR metric; ramped ARR exceeded $600 million at year-end, up 23% versus the prior year, improving visibility into future cloud revenue ramps.
Profitability and operating leverage
Q4 adjusted operating profit was $91 million with a 33.8% margin; full-year adjusted operating profit was $387 million with a 35.8% margin (improvement of >100 basis points vs. 2024).
Strong cash flow and balance sheet
Q4 operating cash flow increased 40% to $147 million; full-year operating cash flow rose 32% to $389 million. Free cash flow margins were strong (Q4 52.7%, full-year 34.6%). Ended year with $329 million cash and zero debt.
Share repurchase activity
Returned capital via $75 million of share repurchases in Q4 and $275 million of buybacks in 2025; board approved replenishment of a $100 million repurchase authority.
Commercial launch of AI agents and Agent Foundry
Commercial availability of agentik.ai base AI agents and Agent Foundry announced after successful early access; offering 90-day low-risk pilots and forward-deployed engineers; early adopter feedback indicates meaningful operational value.
Product momentum across portfolio
Continued strong sales and implementations for Active Warehouse and Active Transportation; new features launched including fulfillment optimization simulation and Active POS with embedded AI selling assistance.
2026 guidance reflecting growth and margin expansion
2026 targets: RPO $2.62–$2.68 billion (+18–20%), total revenue $1.133–$1.153 billion (midpoint implies 10% growth ex-license/maintenance attrition), cloud revenue expected +21% to $492 million, and adjusted operating margin targeted ~34.5–35% (midpoint implying ~75 bps expansion ex-attrition).
MANH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MANH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 27, 2026 | $169.73 | $161.14 | -5.06% |
Oct 21, 2025 | $204.66 | $194.52 | -4.95% |
Jul 22, 2025 | $202.79 | $217.71 | +7.36% |
Apr 22, 2025 | $162.25 | $171.95 | +5.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Manhattan Associates (MANH) report earnings?
Manhattan Associates (MANH) is schdueled to report earning on Apr 28, 2026, After Close (Confirmed).
What is Manhattan Associates (MANH) earnings time?
Manhattan Associates (MANH) earnings time is at Apr 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MANH EPS forecast?
MANH EPS forecast for the fiscal quarter 2026 (Q1) is 1.12.