Company / R&D Expense
Manhattan Associates R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$145.1M
FY2025
5-year range
$84.3M / $145.1M
FY2021-FY2025
Trend
+5.4%
vs FY2024
Sector context
#155 of 264
Information Technology
What the data says
At $145M, Manhattan Associates's r&d expense ranks #155 of 264 in the Information Technology sector. R&D Expense has increased for 3 consecutive years, from $84M in FY2022 to $145M in FY2025.
Based on SEC 10-K filings.
$145M in FY2025 with a 5-year CAGR of +15.1%.
Improved from $127M to $145M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +19.8%
- 5-Year CAGR
- +15.1%
- 10-Year CAGR
- -
Sector benchmark
#155 of 264 in Information TechnologyTop 59% of 264This company $145.1M Sector average $924.6M
▼
-84.3% below sector average
Key checks
Key Insights
- Manhattan Associates's r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +15.1%, indicating consistent growth.
- In FY2025, r&d expense increased 5.4% year-over-year.
- Ranks #155 out of 264 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 3.03 (safe zone, above 2.9 threshold)
- Strong profit margin: 20.9%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $145.1M | +5.4% |
| FY2024 | $137.7M | +8.6% |
| FY2023 | $126.8M | +50.5% |
| FY2022 | $84.3M | -3.8% |
| FY2021 | $87.6M | +21.9% |
| FY2020 | $71.9M | +24.6% |
| FY2019 | $57.7M | +5.4% |
| FY2018 | $54.7M | +1.6% |
| FY2017 | $53.9M | +10.0% |
| FY2016 | $49.0M | -9.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026