# Manhattan Associates, Inc. (MANH) · Edgar & Edgarette company card

> Manhattan Associates (MANH) grew revenue 3.7% in FY2025 to $1.1 billion, operating margin 25.9% against a 0.9% median for services-prepackaged software, equity 37.5% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1056696 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MANH) · [JSON](https://www.pops4.com/boards/company/MANH.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.1B |
| Revenue growth, 1 year | 3.7% |
| Revenue growth per year | 13.0% |
| Operating margin | 25.9% (prior year 25.1%) |
| Net margin | 20.3% |
| Operating cash flow | $389M |
| Capital spending | $15M |
| Free cash flow | $374M |
| Cash | $329M |
| Long-term debt | — |
| Total assets | $839M |
| Total equity | $315M |
| Equity ÷ assets | 37.5% |
| Return on equity | 69.9% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 5.21 (safe zone)
- Piotroski F: 7 of 9 (solid)
- Beneish M: -3.41 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · filed restructuring or exit costs in the last 12 months
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $1.1B (FY2025). Experience: revenue up 3.7% on the year, up 13.0% a year over 4 years; operating margin 25.9%, up from 25.1%. Soundness: equity 37.5% of assets, return on equity 69.9%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.0B and $1.3B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $945.1M to $1.4B. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin 25.9% against a 0.9% median; growth 3.7% against 13.0%.

Range logged 2026-10-28, receipt d0b3a6fa34d2093f, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 2.05 Restructuring or exit costs: 1, latest 2026-06-01 ([filing](https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm))
- Item 5.02 Director or officer change: 3, latest 2026-10-27 ([filing](https://www.sec.gov/Archives/edgar/data/1056696/000119312526434178/0001193125-26-434178-index.htm))

## Recent filings

- 8-K · filed 2026-10-27 · 2.01 Completion of Acquisition or Disposition of Assets; 3.03 Material Modifications to Rights of Security Holders; 5.02 Departure or Election of Directors; Appointment of Officers; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1056696/000119312526434178/0001193125-26-434178-index.htm)
- 10-Q · filed 2026-07-31 · [filing](https://www.sec.gov/Archives/edgar/data/1056696/000119312526327591/0001193125-26-327591-index.htm)
- 8-K · filed 2026-07-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1056696/000119312526320952/0001193125-26-320952-index.htm)
- 8-K · filed 2026-06-01 · 2.05 Costs Associated with Exit or Disposal Activities; 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm)
- 8-K · filed 2026-05-20 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1056696/000119312526232142/0001193125-26-232142-index.htm)
- 8-K · filed 2026-05-18 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1056696/000119312526228194/0001193125-26-228194-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001056696.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1056696

## Cite

POPS4, Edgar & Edgarette: Manhattan Associates, Inc. (MANH) company card, from the company's own SEC filings, accessed 2026-10-28, https://www.pops4.com/boards/company/MANH. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.