Manhattan Associates (MANH)
NASDAQ:MANH
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Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.32Last Year’s EPS
1.31Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives: accelerating cloud revenue (24% growth), a 24% increase in RPO to $2.35B, improved adjusted margins, raised full-year guidance, strong new-logo momentum including the largest-ever OMS booking, and promising early AI/agent customer outcomes. Offsets include GAAP EPS pressure from higher taxes, expected attrition of maintenance/license revenue as customers migrate to cloud (maintenance down ~17%), some nonrecurring cloud overage upside in Q1, and continued macro/FX uncertainty. Overall, management emphasized conservative modeling for the remainder of 2026 while highlighting durable wins and investments that underpin longer-term growth.Company Guidance
Total Revenue Beat and Growth
Total revenue of $282 million, up 7% year-over-year; excluding license and maintenance (cloud transition compression), revenue was up 13%.
Strong Cloud Revenue Acceleration
Cloud revenue of $117 million, up 24% year-over-year (Q1); management noted ~1 percentage point FX tailwind to cloud revenue in the quarter.
Robust RPO and Bookings Momentum
Remaining Performance Obligation (RPO) increased 24% year-over-year to $2.35 billion and was up 5% sequentially; company targets full-year RPO of $2.62–$2.68 billion (18%–20% growth).
Improved Profitability and EPS (Adjusted)
Q1 adjusted operating profit of $91 million with a 32.4% adjusted operating margin; adjusted EPS of $1.24, up 4% year-over-year; operating cash flow increased 12% to $84 million.
Raised Full-Year Outlook
Raised full-year guidance: total revenue $1.147B–$1.157B (midpoint $1.152B), representing ~11% growth excluding license and maintenance attrition (7% all-in); adjusted operating margin midpoint raised to 35%; adjusted EPS range $5.29–$5.37.
Large Strategic Wins and New Logos
Notable new logos and large deals including the largest-ever order management system (OMS) booking (major global retailer) and a large unified warehouse + transportation deal; >55% of new cloud bookings were net new logos in Q1.
Active Agent Early Traction and Measurable Customer ROI
Active Agent pilots and early paying customers across industries; customer results include a 5% improvement in order cycle times, double-digit reduction in loading times, up to 75% reduction in exceptions, >30% increase in line shipped and >25% improved order cycle times for certain customers.
Win Rates, Renewal Performance and Product Breadth
Win rate consistently above 70%; renewals in line with plan; deal volume improvements across deal types and stronger contributions from multiple products (Active Warehouse, Active Omni, Active Transportation, Active Planning).
Strong Balance Sheet and Share Repurchases
Ended Q1 with $226 million cash, $0 debt; repurchased $150 million of stock in the quarter with $350 million remaining in repurchase authorization; deferred revenue grew 20% to $356 million.
Investment in Services and Forward Deployed Engineers
Added ~120 services headcount (with ~70 more pending) to scale forward deployed engineer (FDE) capability, enabling faster AI agent deployment and customer outcomes.
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 |
|---|---|---|---|
Apr 21, 2026 | $134.89 | $142.88 | +5.92% |
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% |
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 Jul 28, 2026, After Close (Confirmed).
What is Manhattan Associates (MANH) earnings time?
Manhattan Associates (MANH) earnings time is at Jul 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 (Q2) is 1.32.