Manhattan Associates, Inc. Earnings Recaps
Q1 2026
Apr 22, 2026
Manhattan Associates delivered a record quarter with robust revenue growth, driven by strong cloud and services demand amidst a volatile macro environment. The company has raised its full-year outlook on continued booking momentum and product expansion.
Key takeaways
- Q1 revenue grew significantly, with cloud revenue up 24% and overall demand supporting a 24% increase in RPO to $2.35 billion.
- Over 55% of new cloud bookings were from net new logos, including notable wins like Google Cloud Marketplace and large retail, healthcare, and industrial clients.
- Deal volume improved across all regions and deal types, with a book rate consistently above 70%.
- The active agent pilot program shows early success, with deployments across diverse sectors demonstrating AI’s ability to enhance productivity and ROI.
- The company’s integrated, cloud-native AI agents embedded directly into workflows position Manhattan for sustained growth in automation and SaaS adoption.
Q3 2025
Oct 22, 2025
Manhattan Associates reported stronger-than-expected Q3 results, with 21% cloud revenue growth propelling top-line performance and earnings improvement, despite ongoing macroeconomic challenges.
Key takeaways
- Cloud revenue growth of 21% year-over-year and RPO increased 23% to $2.1 billion, signaling robust demand.
- Strong win rates at 70%, with a notable increase in conversions from existing customers and strong pipeline development for future growth.
- New logos contributed to 17% of new cloud bookings in Q3, reflecting solid momentum in expanding market reach and services diversification.
- Continued investment in sales and marketing, coupled with the launch of a dedicated renewal team and conversion program, is expected to drive sustained revenue growth.
- New COO Greg Betz brings critical experience from Microsoft, aiming to enhance operational frameworks and partner models.