Manhattan Associates annual free cash flow
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2025
Manhattan Associates Free Cash Flow (FCF) History (MANH)
Manhattan Associates reported $374.0M in free cash flow for fiscal 2025, an increase of 30.62% from the previous fiscal year, with a free cash flow margin of 34.59%.
View full Manhattan Associates company overviewManhattan Associates free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $374.0M | $87.7M | +30.62% | +34.59% |
| 2024 | 2024-12-31 | $286.3M | $44.8M | +18.57% | +27.47% |
| 2023 | 2023-12-31 | $241.5M | $68.4M | +39.55% | +26.00% |
| 2022 | 2022-12-31 | $173.0M | −$8.1M | −4.48% | +22.56% |
| 2021 | 2021-12-31 | $181.2M | $43.0M | +31.13% | +27.30% |
| 2020 | 2020-12-31 | $138.2M | $6.4M | +4.89% | +23.56% |
| 2019 | 2019-12-31 | $131.7M | $1.7M | +1.29% | +21.31% |
| 2018 | 2018-12-31 | $130.0M | −$27.8M | −17.62% | +23.26% |
| 2017 | 2017-12-31 | $157.9M | $25.4M | +19.14% | +26.55% |
| 2016 | 2016-12-31 | $132.5M | $23.8M | +21.94% | +21.92% |
| 2015 | 2015-12-31 | $108.7M | $23.9M | +28.22% | +82.76% |
| 2014 | 2014-12-31 | $84.7M | $100,000 | +0.12% | +62.96% |
| 2013 | 2013-12-31 | $84.6M | $17.2M | +25.59% | +76.40% |
| 2012 | 2012-12-31 | $67.4M | $16.6M | +32.80% | +64.56% |
| 2011 | 2011-12-31 | $50.8M | $6.6M | +15.08% | +55.95% |
| 2010 | 2010-12-31 | $44.1M | −$11.8M | −21.17% | +14.84% |
| 2009 | 2009-12-31 | $55.9M | — | — | +22.68% |
Manhattan Associates quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $89.7M | $19.6M | +27.98% | +30.11% |
| Q1 2026 | 2026-03-31 | $79.9M | $5.6M | +7.49% | +28.33% |
| Q4 2025 | 2025-12-31 | $142.4M | $40.8M | +40.18% | +52.66% |
| Q3 2025 | 2025-09-30 | $87.2M | $25.9M | +42.25% | +31.61% |
| Q2 2025 | 2025-06-30 | $70.1M | −$975,000 | −1.37% | +25.72% |
| Q1 2025 | 2025-03-31 | $74.4M | $22.0M | +41.88% | +28.30% |
| Q4 2024 | 2024-12-31 | $101.6M | $15.2M | +17.58% | +39.71% |
| Q3 2024 | 2024-09-30 | $61.3M | $3.8M | +6.62% | +22.98% |
| Q2 2024 | 2024-06-30 | $71.0M | $31.5M | +79.58% | +26.78% |
| Q1 2024 | 2024-03-31 | $52.4M | −$5.6M | −9.70% | +20.59% |
| Q4 2023 | 2023-12-31 | $86.4M | $33.6M | +63.64% | +36.26% |
| Q3 2023 | 2023-09-30 | $57.5M | $19.5M | +51.24% | +24.11% |
| Q2 2023 | 2023-06-30 | $39.6M | −$12.0M | −23.34% | +17.12% |
| Q1 2023 | 2023-03-31 | $58.0M | $27.4M | +89.50% | +26.27% |
| Q4 2022 | 2022-12-31 | $52.8M | $14.5M | +38.04% | +26.65% |
| Q3 2022 | 2022-09-30 | $38.0M | −$20.7M | −35.24% | +19.19% |
| Q2 2022 | 2022-06-30 | $51.6M | $6.7M | +14.91% | +26.89% |
| Q1 2022 | 2022-03-31 | $30.6M | −$8.7M | −22.09% | +17.12% |
| Q4 2021 | 2021-12-31 | $38.2M | $1.0M | +2.77% | +22.30% |
| Q3 2021 | 2021-09-30 | $58.7M | $16.4M | +38.75% | +34.69% |
| Q2 2021 | 2021-06-30 | $44.9M | −$3.4M | −7.01% | +27.03% |
| Q1 2021 | 2021-03-31 | $39.3M | $29.0M | +280.12% | +25.07% |
| Q4 2020 | 2020-12-31 | $37.2M | $6.5M | +21.11% | +25.30% |
| Q3 2020 | 2020-09-30 | $42.3M | $10.4M | +32.67% | +28.25% |
| Q2 2020 | 2020-06-30 | $48.3M | $13.8M | +39.85% | +35.61% |
| Q1 2020 | 2020-03-31 | $10.3M | −$24.2M | −70.08% | +6.72% |
| Q4 2019 | 2019-12-31 | $30.7M | −$1.5M | −4.75% | +20.09% |
| Q3 2019 | 2019-09-30 | $31.9M | −$1.9M | −5.50% | +19.65% |
| Q2 2019 | 2019-06-30 | $34.5M | $19.6M | +131.57% | +22.37% |
| Q1 2019 | 2019-03-31 | $34.6M | −$14.6M | −29.63% | +23.30% |
| Q4 2018 | 2018-12-31 | $32.3M | −$12.9M | −28.51% | +22.35% |
| Q3 2018 | 2018-09-30 | $33.7M | −$9.1M | −21.25% | +23.70% |
| Q2 2018 | 2018-06-30 | $14.9M | $5.5M | +58.55% | +10.51% |
| Q1 2018 | 2018-03-31 | $49.1M | −$11.4M | −18.78% | +37.63% |
| Q4 2017 | 2017-12-31 | $45.1M | $8.7M | +23.73% | +31.32% |
| Q3 2017 | 2017-09-30 | $42.9M | $2.2M | +5.46% | +28.03% |
| Q2 2017 | 2017-06-30 | $9.4M | −$7.5M | −44.28% | +6.10% |
| Q1 2017 | 2017-03-31 | $60.5M | $22.0M | +57.03% | +42.15% |
| Q4 2016 | 2016-12-31 | $36.5M | $2.2M | +6.49% | +24.71% |
| Q3 2016 | 2016-09-30 | $40.6M | $3.1M | +8.37% | +26.69% |
| Q2 2016 | 2016-06-30 | $16.9M | −$8.0M | −32.05% | +10.90% |
| Q1 2016 | 2016-03-31 | $38.5M | $26.4M | +218.95% | +25.70% |
| Q4 2015 | 2015-12-31 | $34.2M | −$3.5M | −9.18% | — |
| Q3 2015 | 2015-09-30 | $37.5M | $7.9M | +26.72% | +26.35% |
| Q2 2015 | 2015-06-30 | $24.8M | $25.4M | — | +17.86% |
| Q1 2015 | 2015-03-31 | $12.1M | −$5.9M | −32.86% | +9.04% |
| Q4 2014 | 2014-12-31 | $37.7M | $16.2M | +75.69% | — |
| Q3 2014 | 2014-09-30 | $29.6M | −$1.5M | −4.93% | +23.56% |
| Q2 2014 | 2014-06-30 | −$536,000 | −$13.1M | — | −0.44% |
| Q1 2014 | 2014-03-31 | $18.0M | −$1.5M | −7.76% | +15.84% |
| Q4 2013 | 2013-12-31 | $21.5M | $1.1M | +5.58% | — |
| Q3 2013 | 2013-09-30 | $31.1M | $14.8M | +90.10% | +28.87% |
| Q2 2013 | 2013-06-30 | $12.6M | −$6.9M | −35.38% | +12.25% |
| Q1 2013 | 2013-03-31 | $19.5M | $8.2M | +73.15% | +20.19% |
| Q4 2012 | 2012-12-31 | $20.3M | $6.9M | +51.39% | — |
| Q3 2012 | 2012-09-30 | $16.4M | $1.2M | +7.75% | +17.08% |
| Q2 2012 | 2012-06-30 | $19.4M | $4.1M | +26.52% | +20.77% |
| Q1 2012 | 2012-03-31 | $11.3M | $4.5M | +66.46% | +12.31% |
| Q4 2011 | 2011-12-31 | $13.4M | $3.6M | +35.98% | — |
| Q3 2011 | 2011-09-30 | $15.2M | — | — | +17.75% |
| Q2 2011 | 2011-06-30 | $15.4M | — | — | +17.38% |
| Q1 2011 | 2011-03-31 | $6.8M | — | — | +9.44% |
| Q3 2010 | 2010-09-30 | $9.9M | — | — | +13.34% |
Manhattan Associates free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $138.2M to $374.0M, a compound annual growth rate of 22.04%. Manhattan Associates's latest reported quarter, Q2 2026, generated $89.7M in free cash flow, an increase of 27.98% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Manhattan Associates filings at SEC.gov ↗