Manhattan Associates, Inc. (MANH) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MANH Revenue Growth
Revenue Breakdown (FY 2025)
MANH's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MANH Revenue Analysis (2014–2025)
As of May 6, 2026, Manhattan Associates, Inc. (MANH) generated trailing twelve-month (TTM) revenue of $1.10 billion, reflecting solid growth of +7.4% year-over-year. The most recent quarter (Q1 2026) recorded $282.2 million in revenue, up 4.4% sequentially.
Looking at the longer-term picture, MANH's 5-year compound annual growth rate (CAGR) stands at +13.0%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $1.08 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows MANH's business is primarily driven by Service, Other (47%), Cloud Subscriptions (38%), and Maintenance (12%).
When compared to Technology sector peers including WMS (+1.6% YoY), NCNO (+12.1% YoY), and VEEV (+16.3% YoY), MANH has underperformed the peer group in terms of revenue growth. Compare MANH vs WMS →
MANH Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MANHCurrent | $1.1B | +7.4% | +13.0% | 26.1% | |
 WMS | $2.9B | +1.6% | +11.7% | 22.6% | |
 NCNO | $541M | +12.1% | +31.4% | -3.4% | |
 VEEV | $3.2B | +16.3% | +16.9% | 28.7% | |
 GWRE | $1.2B | +23.7% | +10.1% | 3.4% | |
 PCTY | $1.6B | +15.6% | +23.2% | 19.1% |
MANH Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.08B | +3.7% | $602.7M | 55.7% | $282.7M | 26.1% |
| 2024 | $1.04B | +12.2% | $565.1M | 54.2% | $261.6M | 25.1% |
| 2023 | $928.7M | +21.1% | $492.4M | 53.0% | $209.9M | 22.6% |
| 2022 | $767.1M | +15.6% | $402.2M | 52.4% | $152.7M | 19.9% |
| 2021 | $663.6M | +13.2% | $357.9M | 53.9% | $134.3M | 20.2% |
| 2020 | $586.4M | -5.1% | $307.5M | 52.4% | $114.1M | 19.5% |
| 2019 | $617.9M | +10.5% | $325.0M | 52.6% | $115.9M | 18.8% |
| 2018 | $559.2M | -6.0% | $309.7M | 55.4% | $133.9M | 23.9% |
| 2017 | $594.6M | -1.6% | $339.8M | 57.1% | $185.6M | 31.2% |
| 2016 | $604.6M | +8.7% | $345.6M | 57.2% | $194.3M | 32.1% |
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Start ComparisonMANH — Frequently Asked Questions
Quick answers to the most common questions about buying MANH stock.
Is MANH's revenue growth accelerating or slowing?
MANH maintains +7.4% revenue growth, in line with its 5-year CAGR of +13.0%. TTM revenue stands at $1.1B. Growth rate remains consistent with historical average.
What is MANH's long-term revenue growth rate?
Manhattan Associates, Inc.'s 5-year revenue CAGR of +13.0% reflects the sustained expansion pattern. Current YoY growth of +7.4% is near this long-term average.
How is MANH's revenue distributed by segment?
MANH reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.