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Manhattan Associates (MANH) investor relations material
Manhattan Associates Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record results in Q4 and full year 2025, with strong performance in cloud bookings, RPO, total revenue, operating income, free cash flow, and EPS.
Strategic investments in platform, products, and people, including new AI agent offerings and key leadership hires, drove momentum.
Expanded partner programs, reorganized global sales, and entered 2026 with an expanded go-to-market footprint, contributing to robust new logo acquisition and market share gains.
Financial highlights
Q4 2025 revenue was $270.4M, up 6% year-over-year; full-year 2025 revenue reached $1,081.4M, up 4%.
Q4 cloud revenue grew 20% to $109M; full-year cloud revenue up 21% to $408.1M.
Adjusted Q4 EPS increased to $1.21; full-year adjusted EPS up 7% to $5.06.
RPO at year-end reached $2.23B, up 25% year-over-year and 7% sequentially.
Q4 operating cash flow up 40% to $147M; full-year operating cash flow up 32% to $389.5M.
Outlook and guidance
2026 RPO guidance: $2.62B–$2.68B, representing 18%–20% growth.
2026 total revenue expected at $1.133B–$1.153B (midpoint 10% growth ex-license/maintenance, 6% all-in).
Cloud revenue projected to rise 21% to $492M; services revenue to increase 3% to $517M.
Adjusted operating margin for 2026 expected at 34.5%–35%; adjusted EPS guidance $5.04–$5.20.
Maintenance revenue to decline 19% to $105.5M; license revenue about $1M per quarter.
- TimeTickerHeadlineOpen
- SOI
Q3 revenue €160m, up 18% sequentially, Edge & Cloud AI up 27%, Q4 set for 20% growth. - IFX
Q1 2026 revenue rose 7% year-over-year, driven by AI demand and increased investments. - ELS
2025 revenue soared 11x to $23M, with strong cash, major contracts, and a robust 2026 outlook. - V2RETAIL
Q3 FY26 saw 57% revenue and 99% PAT growth, with robust expansion and capital infusion. - UBSG
Net profit surged 53% in FY25, with integration and cost savings driving strong results. - 524348
Q3 FY26 revenue up 8% and PAT up 58%, with margin recovery and new projects ramping up. - BOTX
Record gold output and profit, with investments driving strong growth outlook for 2026. - BAJAJFINSV
Q3 FY26 profit was flat at ₹2,229 crore as strong growth was offset by one-time charges. - WAF
Sales and EBITDA fell, but 300 mm wafer demand grew as 2026 outlook remains challenging. - DEVYANI
Q3 FY26 saw double-digit revenue growth, margin gains, net losses, and major strategic changes.
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