MANHATTAN ASSOCIATES INC(MANH)Stock Analysis
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Rank #575 of 2,962 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
MANH Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for MANHATTAN ASSOCIATES INC (MANH), a Technology sector company. 13F Pro's AI-powered ranking engine scores MANH at 64.1/100 on a 32-signal composite quality model, placing it at rank #575 of 2,962 stocks — the top 25% of the AI-ranked universe. MANH scores in the top quartile across balance sheet strength (98.3), free cash flow (88.3). Shareholder dilution risk is elevated at 15.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), MANHATTAN ASSOCIATES INC reports quarterly revenue of $297.8M, net income of $50.4M, an operating margin of 22.2%. Top institutional holders of MANH by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, FMR, based on the most recent SEC filings. MANH trades on the Nasdaq exchange and files with the SEC under CIK 1056696. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MANH daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for MANHATTAN ASSOCIATES INC directly from SEC EDGAR. MANHATTAN ASSOCIATES INC's 13F Pro composite quality score has ranged between 59 and 78 since 2021, currently 64.1 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.
What's Driving MANH's Business? Latest 10-Q Breakdown
✓ 24/24 datapoints verifiedAI-extracted from MANHATTAN ASSOCIATES INC's 10-Q filed 2026-07-31 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Manhattan Associates grew Q2 FY2026 revenue 9% YoY to $297.8M on 26% cloud subscription growth, but operating margin fell to 22.2% from 27.1% due to an $8.3M restructuring charge and higher sales & marketing spend.
Biggest Revenue Drivers
Cloud subscriptions revenue increased $20.2M as customers migrated from on-premise to cloud-based offerings
Cloud subscriptions revenue increased $4.7M, partially offset by a $1.5M decrease in services revenue
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q2 2026
$297.8M
Net Income
Q2 2026
$50.4M
Free Cash Flow
Q2 2026
$89.7M
Operating Margin
Q2 2026
22.2%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+3.7% YoYNet Income
+0.7% YoYOperating Income
+7.0% YoYEPS (Diluted)
+2.6% YoYTotal Assets
+10.8% YoYOp. Cash Flow
+32.0% YoYFree Cash Flow
+30.6% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.08B +3.7% | $1.04B +12.2% | $928.7M +21.1% | $767.1M +15.6% | $663.6M +13.2% | $586.4M |
| Net Income | $219.9M +0.7% | $218.4M +23.7% | $176.6M +36.9% | $129.0M +16.7% | $110.5M +26.6% | $87.2M |
| Operating Income | $279.8M +7.0% | $261.6M +24.6% | $209.9M +37.4% | $152.7M +13.7% | $134.3M +17.8% | $114.1M |
| EPS (Diluted) | $3.60 +2.6% | $3.51 +24.5% | $2.82 +38.9% | $2.03 +18.0% | $1.72 +26.5% | $1.36 |
| Total Assets | $839.4M +10.8% | $757.6M +12.5% | $673.4M +18.1% | $570.2M +5.6% | $539.7M +16.0% | $465.4M |
| Operating Cash Flow | $389.5M +32.0% | $295.0M +19.8% | $246.2M +37.1% | $179.6M -3.0% | $185.2M +31.4% | $140.9M |
| Free Cash Flow | $374.0M +30.6% | $286.3M +18.6% | $241.5M +39.6% | $173.0M -4.5% | $181.2M +31.1% | $138.2M |
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Top Institutional Holders of MANH
BlackRock, Inc.
$944.3M6,781,222 shVANGUARD PORTFOLIO MANAGEMENT LLC
$537.2M3,857,897 shFMR LLC
$502.9M3,611,292 shT. Rowe Price Investment Management, Inc.
$472.3M3,391,473 shAQR CAPITAL MANAGEMENT LLC
$458.0M3,328,418 shVANGUARD CAPITAL MANAGEMENT LLC
$372.3M2,673,626 shMORGAN STANLEY
$371.1M2,665,077 shALLIANCEBERNSTEIN L.P.
$305.9M2,297,954 shSTATE STREET CORP
$265.3M1,905,527 shGEODE CAPITAL MANAGEMENT, LLC
$264.1M1,878,302 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $944.3M | 6,781,222 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $537.2M | 3,857,897 |
| FMR LLC | $502.9M | 3,611,292 |
| T. Rowe Price Investment Management, Inc. | $472.3M | 3,391,473 |
| AQR CAPITAL MANAGEMENT LLC | $458.0M | 3,328,418 |
| VANGUARD CAPITAL MANAGEMENT LLC | $372.3M | 2,673,626 |
| MORGAN STANLEY | $371.1M | 2,665,077 |
| ALLIANCEBERNSTEIN L.P. | $305.9M | 2,297,954 |
| STATE STREET CORP | $265.3M | 1,905,527 |
| GEODE CAPITAL MANAGEMENT, LLC | $264.1M | 1,878,302 |
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Popular Research
Is MANH a good stock to buy?
13F Pro's AI-powered analysis of MANHATTAN ASSOCIATES INC (MANH) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for MANH are available on the MANH stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. MANH is classified as a large company.
Which hedge funds own MANH?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling MANH. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of MANHATTAN ASSOCIATES INC's investment landscape.