
Manhattan Associates Inc
NASDAQ:MANH

Income Statement
Earnings Waterfall
Manhattan Associates Inc
Revenue
|
996.5m
USD
|
Cost of Revenue
|
-457.5m
USD
|
Gross Profit
|
539.1m
USD
|
Operating Expenses
|
-301m
USD
|
Operating Income
|
238.1m
USD
|
Other Expenses
|
-33.4m
USD
|
Net Income
|
204.7m
USD
|
Income Statement
Manhattan Associates Inc
Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
452
N/A
|
469
+4%
|
492
+5%
|
512
+4%
|
529
+3%
|
545
+3%
|
556
+2%
|
573
+3%
|
589
+3%
|
598
+2%
|
605
+1%
|
598
-1%
|
597
0%
|
598
+0%
|
595
-1%
|
582
-2%
|
570
-2%
|
559
-2%
|
559
+0%
|
577
+3%
|
590
+2%
|
609
+3%
|
618
+1%
|
623
+1%
|
605
-3%
|
592
-2%
|
586
-1%
|
589
+1%
|
620
+5%
|
639
+3%
|
664
+4%
|
686
+3%
|
712
+4%
|
741
+4%
|
767
+4%
|
809
+5%
|
848
+5%
|
889
+5%
|
929
+5%
|
962
+4%
|
997
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(194)
|
(203)
|
(213)
|
(223)
|
(230)
|
(234)
|
(235)
|
(242)
|
(246)
|
(249)
|
(250)
|
(247)
|
(247)
|
(248)
|
(246)
|
(242)
|
(239)
|
(237)
|
(241)
|
(250)
|
(263)
|
(276)
|
(285)
|
(293)
|
(284)
|
(275)
|
(270)
|
(269)
|
(277)
|
(283)
|
(298)
|
(307)
|
(325)
|
(350)
|
(358)
|
(378)
|
(399)
|
(414)
|
(431)
|
(446)
|
(457)
|
|
Gross Profit |
257
N/A
|
266
+3%
|
280
+5%
|
289
+3%
|
299
+4%
|
312
+4%
|
321
+3%
|
331
+3%
|
343
+4%
|
349
+2%
|
355
+2%
|
352
-1%
|
351
0%
|
350
0%
|
349
0%
|
340
-3%
|
331
-3%
|
322
-3%
|
318
-1%
|
327
+3%
|
327
N/A
|
333
+2%
|
333
0%
|
331
-1%
|
321
-3%
|
317
-1%
|
317
0%
|
320
+1%
|
343
+7%
|
356
+4%
|
366
+3%
|
379
+3%
|
386
+2%
|
391
+1%
|
409
+5%
|
431
+5%
|
450
+4%
|
475
+6%
|
498
+5%
|
516
+4%
|
539
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(139)
|
(143)
|
(152)
|
(155)
|
(156)
|
(161)
|
(160)
|
(163)
|
(164)
|
(161)
|
(160)
|
(159)
|
(158)
|
(160)
|
(160)
|
(168)
|
(173)
|
(179)
|
(184)
|
(192)
|
(201)
|
(208)
|
(217)
|
(219)
|
(210)
|
(206)
|
(202)
|
(205)
|
(215)
|
(221)
|
(232)
|
(236)
|
(246)
|
(256)
|
(256)
|
(265)
|
(271)
|
(279)
|
(288)
|
(296)
|
(301)
|
|
Selling, General & Administrative |
(88)
|
(90)
|
(97)
|
(98)
|
(97)
|
(100)
|
(98)
|
(100)
|
(100)
|
(97)
|
(97)
|
(95)
|
(94)
|
(95)
|
(94)
|
(96)
|
(99)
|
(102)
|
(104)
|
(108)
|
(113)
|
(117)
|
(122)
|
(121)
|
(113)
|
(112)
|
(109)
|
(111)
|
(118)
|
(121)
|
(126)
|
(127)
|
(133)
|
(137)
|
(138)
|
(143)
|
(146)
|
(151)
|
(156)
|
(159)
|
(160)
|
|
Research & Development |
(46)
|
(47)
|
(49)
|
(51)
|
(52)
|
(54)
|
(54)
|
(55)
|
(55)
|
(55)
|
(55)
|
(54)
|
(55)
|
(56)
|
(58)
|
(61)
|
(65)
|
(68)
|
(72)
|
(76)
|
(80)
|
(84)
|
(88)
|
(90)
|
(88)
|
(86)
|
(84)
|
(85)
|
(89)
|
(92)
|
(98)
|
(101)
|
(106)
|
(112)
|
(112)
|
(115)
|
(119)
|
(123)
|
(127)
|
(131)
|
(135)
|
|
Depreciation & Amortization |
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
118
N/A
|
123
+4%
|
127
+4%
|
134
+5%
|
143
+7%
|
151
+6%
|
161
+7%
|
168
+4%
|
179
+6%
|
189
+6%
|
194
+3%
|
193
-1%
|
193
N/A
|
190
-1%
|
189
-1%
|
172
-9%
|
158
-8%
|
143
-9%
|
134
-6%
|
134
+0%
|
126
-6%
|
125
-1%
|
116
-7%
|
112
-3%
|
111
-1%
|
111
N/A
|
114
+3%
|
115
+1%
|
128
+11%
|
135
+6%
|
134
-1%
|
143
+6%
|
141
-1%
|
135
-4%
|
153
+13%
|
166
+9%
|
179
+8%
|
196
+9%
|
210
+7%
|
220
+5%
|
238
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
2
|
0
|
0
|
1
|
2
|
2
|
2
|
2
|
3
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
5
|
5
|
6
|
4
|
2
|
7
|
0
|
6
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(1)
|
(0)
|
1
|
2
|
2
|
0
|
0
|
1
|
0
|
1
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
(0)
|
1
|
1
|
(1)
|
(2)
|
(3)
|
(2)
|
(1)
|
(0)
|
(2)
|
(0)
|
(2)
|
(2)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(1)
|
(0)
|
2
|
(3)
|
5
|
(2)
|
|
Pre-Tax Income |
118
N/A
|
123
+3%
|
128
+4%
|
135
+6%
|
144
+7%
|
153
+6%
|
163
+6%
|
169
+4%
|
181
+7%
|
190
+5%
|
196
+3%
|
194
-1%
|
190
-2%
|
188
-1%
|
185
-1%
|
172
-7%
|
160
-7%
|
146
-9%
|
136
-7%
|
136
0%
|
126
-7%
|
125
-1%
|
116
-7%
|
114
-2%
|
113
-1%
|
111
-2%
|
114
+2%
|
113
-1%
|
126
+12%
|
135
+7%
|
134
0%
|
144
+7%
|
144
0%
|
140
-3%
|
158
+13%
|
171
+8%
|
183
+7%
|
199
+9%
|
214
+7%
|
225
+5%
|
243
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(43)
|
(44)
|
(46)
|
(49)
|
(52)
|
(56)
|
(59)
|
(62)
|
(65)
|
(69)
|
(72)
|
(69)
|
(67)
|
(66)
|
(64)
|
(57)
|
(48)
|
(38)
|
(32)
|
(32)
|
(30)
|
(29)
|
(30)
|
(27)
|
(27)
|
(28)
|
(27)
|
(26)
|
(28)
|
(24)
|
(24)
|
(25)
|
(25)
|
(28)
|
(29)
|
(34)
|
(37)
|
(34)
|
(37)
|
(34)
|
(38)
|
|
Income from Continuing Operations |
76
|
78
|
82
|
87
|
92
|
98
|
104
|
108
|
115
|
121
|
124
|
125
|
123
|
122
|
121
|
116
|
112
|
108
|
105
|
103
|
97
|
95
|
86
|
87
|
86
|
84
|
87
|
87
|
99
|
110
|
111
|
119
|
119
|
112
|
129
|
137
|
146
|
166
|
177
|
192
|
205
|
|
Net Income (Common) |
76
N/A
|
78
+3%
|
82
+5%
|
87
+5%
|
92
+6%
|
98
+6%
|
104
+6%
|
108
+4%
|
115
+7%
|
121
+5%
|
124
+3%
|
125
+1%
|
123
-2%
|
122
-1%
|
117
-4%
|
111
-5%
|
108
-3%
|
103
-4%
|
105
+1%
|
103
-2%
|
96
-7%
|
95
-1%
|
86
-10%
|
87
+2%
|
86
-2%
|
84
-2%
|
87
+4%
|
87
+0%
|
99
+13%
|
110
+12%
|
111
+0%
|
119
+7%
|
119
+0%
|
112
-6%
|
129
+15%
|
137
+6%
|
146
+6%
|
166
+13%
|
177
+7%
|
192
+8%
|
205
+7%
|
|
EPS (Diluted) |
0.98
N/A
|
1.03
+5%
|
1.08
+5%
|
1.15
+6%
|
1.23
+7%
|
1.31
+7%
|
1.4
+7%
|
1.47
+5%
|
1.58
+7%
|
1.67
+6%
|
1.72
+3%
|
1.77
+3%
|
1.76
-1%
|
1.76
N/A
|
1.67
-5%
|
1.63
-2%
|
1.61
-1%
|
1.56
-3%
|
1.58
+1%
|
1.57
-1%
|
1.47
-6%
|
1.46
-1%
|
1.32
-10%
|
1.35
+2%
|
1.33
-1%
|
1.3
-2%
|
1.36
+5%
|
1.36
N/A
|
1.54
+13%
|
1.72
+12%
|
1.72
N/A
|
1.85
+8%
|
1.86
+1%
|
1.76
-5%
|
2.03
+15%
|
2.18
+7%
|
2.32
+6%
|
2.64
+14%
|
2.82
+7%
|
3.06
+9%
|
3.29
+8%
|