Manhattan Associates annual operating margin
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Manhattan Associates Operating Margin Growth & History (MANH)
Manhattan Associates's operating margin was 25.87% for fiscal 2025.
View full Manhattan Associates company overviewManhattan Associates annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 25.87% | +0.78 pp |
| 2024 | 2024-12-31 | 25.10% | +2.50 pp |
| 2023 | 2023-12-31 | 22.60% | +2.69 pp |
| 2022 | 2022-12-31 | 19.91% | −0.34 pp |
| 2021 | 2021-12-31 | 20.24% | +0.79 pp |
| 2020 | 2020-12-31 | 19.45% | +0.69 pp |
| 2019 | 2019-12-31 | 18.76% | −5.18 pp |
| 2018 | 2018-12-31 | 23.94% | −7.28 pp |
| 2017 | 2017-12-31 | 31.22% | −0.92 pp |
| 2016 | 2016-12-31 | 32.14% | −90.82 pp |
| 2015 | 2015-12-31 | 122.96% | +28.51 pp |
| 2014 | 2014-12-31 | 94.45% | +3.03 pp |
| 2013 | 2013-12-31 | 91.41% | +14.72 pp |
| 2012 | 2012-12-31 | 76.70% | +9.04 pp |
| 2011 | 2011-12-31 | 67.65% | +53.54 pp |
| 2010 | 2010-12-31 | 14.11% | +5.54 pp |
| 2009 | 2009-12-31 | 8.57% | — |
Manhattan Associates quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 22.24% | −4.85 pp |
| Q1 2026 | 2026-03-31 | 23.01% | −1.03 pp |
| Q4 2025 | 2025-12-31 | 24.78% | +1.06 pp |
| Q3 2025 | 2025-09-30 | 27.49% | −0.66 pp |
| Q2 2025 | 2025-06-30 | 27.09% | +1.39 pp |
| Q1 2025 | 2025-03-31 | 24.04% | +1.40 pp |
| Q4 2024 | 2024-12-31 | 23.72% | −0.98 pp |
| Q3 2024 | 2024-09-30 | 28.16% | +5.74 pp |
| Q2 2024 | 2024-06-30 | 25.70% | +3.85 pp |
| Q1 2024 | 2024-03-31 | 22.64% | +1.34 pp |
| Q4 2023 | 2023-12-31 | 24.71% | +2.14 pp |
| Q3 2023 | 2023-09-30 | 22.42% | +3.85 pp |
| Q2 2023 | 2023-06-30 | 21.85% | +2.44 pp |
| Q1 2023 | 2023-03-31 | 21.30% | +2.32 pp |
| Q4 2022 | 2022-12-31 | 22.57% | +6.74 pp |
| Q3 2022 | 2022-09-30 | 18.56% | −6.50 pp |
| Q2 2022 | 2022-06-30 | 19.41% | −4.28 pp |
| Q1 2022 | 2022-03-31 | 18.98% | +2.77 pp |
| Q4 2021 | 2021-12-31 | 15.83% | −3.34 pp |
| Q3 2021 | 2021-09-30 | 25.07% | +1.71 pp |
| Q2 2021 | 2021-06-30 | 23.69% | +4.01 pp |
| Q1 2021 | 2021-03-31 | 16.21% | +0.49 pp |
| Q4 2020 | 2020-12-31 | 19.17% | +2.78 pp |
| Q3 2020 | 2020-09-30 | 23.36% | +1.79 pp |
| Q2 2020 | 2020-06-30 | 19.68% | +1.81 pp |
| Q1 2020 | 2020-03-31 | 15.72% | −3.33 pp |
| Q4 2019 | 2019-12-31 | 16.39% | −7.35 pp |
| Q3 2019 | 2019-09-30 | 21.57% | −3.79 pp |
| Q2 2019 | 2019-06-30 | 17.87% | −7.28 pp |
| Q1 2019 | 2019-03-31 | 19.05% | −2.26 pp |
| Q4 2018 | 2018-12-31 | 23.74% | −6.50 pp |
| Q3 2018 | 2018-09-30 | 25.36% | −8.06 pp |
| Q2 2018 | 2018-06-30 | 25.15% | −6.80 pp |
| Q1 2018 | 2018-03-31 | 21.31% | −7.76 pp |
| Q4 2017 | 2017-12-31 | 30.24% | −0.49 pp |
| Q3 2017 | 2017-09-30 | 33.42% | −1.78 pp |
| Q2 2017 | 2017-06-30 | 31.96% | −1.79 pp |
| Q1 2017 | 2017-03-31 | 29.08% | +0.32 pp |
| Q4 2016 | 2016-12-31 | 30.73% | +0.04 pp |
| Q3 2016 | 2016-09-30 | 35.20% | +5.46 pp |
| Q2 2016 | 2016-06-30 | 33.74% | +6.14 pp |
| Q1 2016 | 2016-03-31 | 28.76% | +0.50 pp |
| Q3 2015 | 2015-09-30 | 30.69% | +4.17 pp |
| Q2 2015 | 2015-06-30 | 29.74% | +3.28 pp |
| Q1 2015 | 2015-03-31 | 27.61% | −0.94 pp |
| Q3 2014 | 2014-09-30 | 28.26% | +2.72 pp |
| Q2 2014 | 2014-06-30 | 26.52% | +6.17 pp |
| Q1 2014 | 2014-03-31 | 26.46% | +3.84 pp |
| Q3 2013 | 2013-09-30 | 28.54% | +5.74 pp |
| Q2 2013 | 2013-06-30 | 25.54% | +5.93 pp |
| Q1 2013 | 2013-03-31 | 20.35% | −2.30 pp |
| Q3 2012 | 2012-09-30 | 22.62% | +2.02 pp |
| Q2 2012 | 2012-06-30 | 22.81% | +12.28 pp |
| Q1 2012 | 2012-03-31 | 19.61% | +6.62 pp |
| Q3 2011 | 2011-09-30 | 22.66% | +7.18 pp |
| Q2 2011 | 2011-06-30 | 20.60% | — |
| Q1 2011 | 2011-03-31 | 10.53% | — |
| Q3 2010 | 2010-09-30 | 12.99% | — |
| Q2 2010 | 2010-06-30 | 15.48% | — |
Manhattan Associates operating margin trends
Over the last five reported fiscal years, Manhattan Associates's operating margin increased from 19.45% to 25.87%, a change of +6.42 percentage points. The latest reported quarter, Q2 2026, shows 22.24%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Manhattan Associates filings at SEC.gov ↗