The earnings call presented a strong performance in Q2 with record results in cloud revenue and new logo bookings, innovative product developments, and improved operating margins. However, there was cautious sentiment regarding the macroeconomic environment and a decline in services revenue, albeit offset by strategic investments in sales and marketing.

Company Guidance -

Q3 2025

During the Manhattan Associates Q2 2025 earnings call, the company provided an optimistic outlook for the remainder of the fiscal year, anticipating increased full-year 2025 revenue in the range of $1.071 billion to $1.075 billion, with a midpoint of $1.073 billion. The company reported a 22% increase in cloud revenue and a 26% year-over-year rise in remaining performance obligations (RPO), which surpassed the $2 billion milestone. Win rates against top competitors remained high at over 70%, and new cloud bookings from net new logos contributed significantly, with these representing approximately 35% of the current pipeline. Manhattan also highlighted a strategic focus on enhancing sales and marketing efforts, promoting Bob Howell to Chief Sales Officer, and expanding key partnerships with Google and Shopify. The company remains cautious about services revenue growth due to the global macro environment but is optimistic about long-term opportunities given its strong product portfolio and market-leading innovations in AI and supply chain management. Adjusted operating margin guidance was increased to a midpoint of 35%, and adjusted earnings per share for the year were raised to a midpoint of $4.80.

Record Second Quarter Results

Achieved record Q2 performance with 22% cloud revenue growth and 26% year-over-year increase in RPO, surpassing the $2 billion milestone.

New Logo and Cloud Bookings Success

Over 70% of new cloud bookings generated from net new logos, with new logos representing approximately 35% of the current pipeline.

Innovative Product Developments

Announced new AI capabilities and the Agentic AI platform, with successful customer feedback from Manhattan Assist and Agent Foundry.

Operating Margin Improvement

Adjusted operating margin increased by 210 basis points to 37.1% year-over-year, driven by strong cloud revenue growth and operating leverage.

Expanding Partnerships

Expanded partnerships with Google and Shopify, with Google Cloud Marketplace already influencing large deals.

Sales and Marketing Investment

Strategically increasing investment in sales and marketing, including promoting Bob Howell to Chief Sales Officer and hiring new sales leaders.

Manhattan Associates (MANH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MANH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	1.18 / -	1.35	―	―	―
Jul 22, 2025	2025 (Q2)	1.13 / 1.31	1.18	11.02% (+0.13)	―
Apr 22, 2025	2025 (Q1)	1.03 / 1.19	1.03	15.53% (+0.16)	―
Jan 28, 2025	2024 (Q4)	1.06 / 1.17	1.03	13.59% (+0.14)	―
Oct 22, 2024	2024 (Q3)	1.06 / 1.35	1.05	28.57% (+0.30)	―
Jul 23, 2024	2024 (Q2)	0.96 / 1.18	0.88	34.09% (+0.30)	―
Apr 23, 2024	2024 (Q1)	0.87 / 1.03	0.8	28.75% (+0.23)	―
Jan 30, 2024	2023 (Q4)	0.80 / 1.03	0.81	27.16% (+0.22)	―
Oct 24, 2023	2023 (Q3)	0.76 / 1.05	0.66	59.09% (+0.39)	―
Jul 25, 2023	2023 (Q2)	0.72 / 0.88	0.69	27.54% (+0.19)	―

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
Jul 22, 2025	$202.79	$217.71	+7.36%
Apr 22, 2025	$162.25	$171.95	+5.98%
Jan 28, 2025	$295.10	$222.84	-24.49%
Oct 22, 2024	$292.32	$271.36	-7.17%

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 Oct 28, 2025, After Close (Confirmed).

What is Manhattan Associates (MANH) earnings time?

Manhattan Associates (MANH) earnings time is at Oct 28, 2025, 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 2025 (Q3) is 1.18.

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