Manhattan Associates cloud revenue grows 28%

Manhattan Associates reported third-quarter revenue of $306.2 million, up from $275.8 million a year earlier, as cloud revenue grew 28%, according to its earnings release filed with an 8-K.

The supply chain software company reported GAAP earnings of $1.04 per diluted share, up from $0.96, and adjusted earnings of $1.55 per share, up from $1.36.

Cloud and backlog

Cloud revenue rose 28%, and remaining performance obligations, a measure of contracted future revenue, grew 25%, the release said.

"While macroeconomic headwinds persist, Manhattan's business fundamentals are solid," President and Chief Executive Eric Clark said.

Outlook

Manhattan expects 2026 revenue of $1.176 billion to $1.178 billion, about 9% growth, and GAAP earnings of $3.62 to $3.64 per share.

Board addition

In the same 8-K, Manhattan said its board elected Juan Perez as a Class III director, with his service expected to begin Jan. 28, 2027.

Why it matters

Manhattan's software runs warehouses, transportation and store operations for large retailers and distributors. Growth in cloud revenue and contracted backlog shows customers are still investing in supply chain technology despite economic uncertainty, ahead of the holiday shipping season.

Sources

1. Manhattan Associates, Inc. Form 8-K with third-quarter 2026 results, filed Oct. 27, 2026 (accession 0001193125-26-434178)

This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.

Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.