Manhattan Associates (MANH) Q4 Revenue Beats Estimates, Stock Jumps 5.7%

Supply chain software provider Manhattan Associates (NASDAQ:MANH) reported Q4 CY2025 revenue of $270.4 million, up 5.7% year-over-year and exceeding analyst estimates by 2.2%. Non-GAAP earnings of $1.21 per share also beat consensus by 6.7%. The company provided full-year revenue guidance of approximately $1.14 billion, aligning with expectations. The stock surged 5.7% to $179.50 following the earnings release. While quarterly performance exceeded expectations, the company's growth has moderated, with two-year annualized revenue growth of 7.9% below its five-year average of 13%. Billings growth of 4.1% over the past four quarters reflects competitive pressures in customer acquisition.