UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-23999 Manhattan Associates, Inc. (Exact name of registrant as specified in its charter) | Georgia | | | --- | --- | | (State or othe ...

For the quarter ended December 2025, Manhattan Associates (MANH) reported revenue of $270.39 million, up 5.7% over the same period last year. EPS came in at $1.21, compared to $1.17 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $264.25 million, representing a surprise of +2.32%. The company delivered an EPS surprise of +9.01%, with the consensus EPS estimate being $1.11.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

For the full year, revenue totaled $1.08 billion , up 4% on an as-reported basis. CFO Dennis Story noted that excluding license and maintenance revenue—removing the “revenue compression” associated with the company’s cloud transition—full-year revenue growth was 5% . Full-year cloud revenue rose 21% to $408 million , while services revenue declined 4% to $503 million .RPO ended the quarter at $2.2 billion , up 25% year over year and 7% sequentially. CEO Eric Clark said competitive win rates remained above 7 ...

分组1 - Manhattan Associates reported quarterly earnings of $1.21 per share, exceeding the Zacks Consensus Estimate of $1.11 per share, and showing an increase from $1.17 per share a year ago, resulting in an earnings surprise of +9.01% [1] - The company achieved revenues of $270.39 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.32% and increasing from $255.8 million year-over-year [2] - Manhattan Associates has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] 分组2 - The stock has gained approximately 2.3% since the beginning of the year, outperforming the S&P 500's gain of 1.5% [3] - The current consensus EPS estimate for the upcoming quarter is $1.22 on revenues of $272.54 million, and for the current fiscal year, it is $5.31 on revenues of $1.14 billion [7] - The Computer - Software industry, to which Manhattan Associates belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Manhattan Associates (NasdaqGS:MANH) Q4 2025 Earnings call January 27, 2026 04:30 PM ET Company ParticipantsChris Quintero - VP of Software Equity ResearchDennis Story - CFOEric Clark - President and CEOJoe Vruwink - Managing DirectorMichael Bauer - Head of Investor RelationsParker Lane - Managing DirectorTerry Tillman - Managing DirectorConference Call ParticipantsBrian Peterson - AnalystClark Wright - Research AnalystDylan Becker - Equity Research AnalystGeorge Kurosawa - Equity Research AnalystGuy Hardwi ...

Manhattan Associates (NasdaqGS:MANH) Q4 2025 Earnings call January 27, 2026 04:30 PM ET Company ParticipantsChris Quintero - VP of Software Equity ResearchDennis Story - CFOEric Clark - President and CEOJoe Vruwink - Managing DirectorMichael Bauer - Head of Investor RelationsParker Lane - Managing DirectorTerry Tillman - Managing DirectorConference Call ParticipantsBrian Peterson - AnalystClark Wright - Research AnalystDylan Becker - Equity Research AnalystGeorge Kurosawa - Equity Research AnalystGuy Hardwi ...

Financial Data and Key Metrics Changes - In Q4 2025, total revenue increased by 6% to $270 million, with full-year revenue totaling $1.08 billion, up 4% [21][22] - Adjusted earnings per diluted share increased by 3% to $1.21, while GAAP earnings per share increased by 12% to $0.86 [23] - RPO (Remaining Performance Obligations) increased by 25% to $2.2 billion, reflecting strong new logo momentum [22][24] - Operating cash flow increased by 40% to $147 million in Q4, with a free cash flow margin of 52.7% [24] Business Line Data and Key Metrics Changes - Q4 cloud revenue totaled $109 million, up 20%, contributing to a full-year cloud revenue increase of 21% to $408 million [22][24] - Services revenue in Q4 was $120 million, returning to growth earlier than expected, while full-year services revenue declined by 4% to $503 million [22][23] - Competitive win rates remained over 70%, with more than 75% of new cloud bookings generated from net new logos [9][22] Market Data and Key Metrics Changes - The company reported strong performance across various sectors, including retail, grocery, food distribution, life sciences, and technology [10][11] - New logos represented over 55% of new cloud bookings in 2025, indicating a healthy market presence [9][22] Company Strategy and Development Direction - The company aims to leverage its strengths in cloud solutions and AI capabilities to drive growth, with a focus on faster implementation and customer satisfaction [5][12] - Strategic investments in sales and marketing, along with key hires, are expected to enhance growth and operational effectiveness [6][8] - The introduction of AI agents and the Agent Foundry is a significant part of the company's strategy to provide innovative solutions to customers [12][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, citing strong fundamentals and a robust pipeline for 2026 [31] - The company anticipates continued growth in cloud revenue and a focus on expanding its customer base through cross-selling and converting on-premise customers to the cloud [12][30] - Management acknowledged the potential impact of the global macro environment on performance but remains optimistic about future prospects [3][4] Other Important Information - The company introduced a new metric, ramped ARR (Annual Recurring Revenue), which exceeded $600 million, up 23% year-over-year [10][21] - The board approved a replenishment of the $100 million share repurchase authority, reflecting confidence in the company's financial position [25] Q&A Session Summary Question: Progress on cloud migrations and fast renewals - Management reported early success in converting on-prem customers to cloud solutions and building a strong pipeline for 2026 [33][34] Question: Implementation times and time to value - Management indicated good progress in accelerating implementation times and closing deals as fixed-fee, fixed-timeline agreements [35][36] Question: RPO strength and deal timing - Management highlighted that Q4 strength came from a variety of products and deal types, contributing to confidence in the pipeline for 2026 [38][39] Question: Renewals and growth expectations - Management clarified that the expected 18%-20% contribution from renewals in 2026 reflects a conservative approach to deal durations [41][42] Question: Services business outlook - Management expressed confidence in the services business, driven by strong bookings growth and the introduction of agentic AI [43][60] Question: New bookings and migration pace - Management noted that new bookings include new logos, expansion within existing accounts, and conversions from on-prem to cloud, with a focus on market share growth [46][47] Question: Customer liquidation headwind - Management confirmed a $1.3 million headwind in Q4 due to customer liquidation, which is now accounted for in future projections [58]

Exhibit 99.1 Contact: Michael Bauer Devika Goel Senior Director, Investor Relations Manhattan Associates, Inc. Manhattan Associates, Inc. 678-597-7538 678-597-6754 mbauer@manh.com dgoel@manh.com Senior Manager, Public Relations Manhattan Associates Reports Fourth Quarter Results RPO Bookings Increased 25% over Prior Year ATLANTA – January 27, 2026 – Leading Supply Chain and Omnichannel Commerce Solutions provider Manhattan Associates Inc. (NASDAQ: MANH) today reported revenue of $270.4 million for the fourt ...

While the global macro environment remains challenging, demand for our solutions is robust, customer satisfaction is high, and as evidenced by our recent release of the Manhattan Active Supply Chain Planning solution, the investments we're making in R&D and our people are creating a clear differentiation. Delivering consistent market-leading innovation is creating more opportunities across supply chain, omnichannel retail and at the world's best -- as the world's best brands look to unify and digitally tran ...

Core Viewpoint - Manhattan has appointed Katie Foote as its Senior Vice President and Chief Marketing Officer, indicating a strategic move to enhance its marketing leadership and initiatives [1] Group 1 - The appointment of Katie Foote is expected to strengthen Manhattan's marketing strategies and overall brand presence [1]