Manhattan Associates Surges After Reporting Record Revenue Growth and Improved Earnings

Manhattan Associates, a supply chain software provider, reported Q2 earnings with a record $272.4 million in total revenue, up 3% YoY, and a 22% increase in cloud subscription revenue to $100.4 million. The stock surged 7.36% to $217.71, with analysts maintaining buy ratings and target prices ranging from $210 to $250.

Title: Manhattan Associates Posts Strong Q2 2025 Earnings, Driven by Cloud Revenue Growth

Manhattan Associates Inc. (NASDAQ: MANH) has reported its second quarter (Q2) 2025 financial results, showcasing robust performance and solid growth. The company reported total revenue of $272.4 million, a 3% year-over-year (YoY) increase, and a 22% increase in cloud subscription revenue to $100.4 million. The stock surged 7.36% to $217.71, reflecting investor confidence in the company’s performance and future prospects.

The company's adjusted diluted earnings per share (EPS) for Q2 2025 was $1.31, compared to a forecast of $1.13, outperforming analyst expectations [2]. This strong performance was driven by the company's leadership in cloud platform solutions, which has positioned Manhattan Associates as a clear choice for modern supply chain commerce solutions.

Eric Clark, President and CEO of Manhattan Associates, commented on the results, stating, "Manhattan delivered record second quarter results. Solid demand drove Q2 cloud revenue growth of 22% and RPO surpassing the $2 billion milestone." He further added, "While the global macro environment remains challenging, we believe our cloud platform leadership advantage positions Manhattan as the clear choice for modern supply chain commerce solutions."

The company's operating income for Q2 2025 was $73.8 million, up from $68.2 million in Q2 2024. Adjusted operating income, a non-GAAP measure, was $101.1 million, compared to $92.9 million in the previous year. Cash flow from operations also improved, reaching $74.0 million compared to $73.3 million in Q2 2024.

Manhattan Associates' stock performance has been positive, with analysts maintaining buy ratings and target prices ranging from $210 to $250. The company’s "GREAT" financial health score of 3.04, as reported by InvestingPro, underscores its strong profitability metrics [2].

The company's share repurchase program has been active, with 262,341 shares repurchased for a total investment of $49.6 million during the second quarter. Additionally, the Board of Directors replenished the Company’s remaining share repurchase authority to an aggregate of $100.0 million of common stock in July 2025.

Manhattan Associates will hold a conference call regarding its second quarter financial results today, July 22, 2025, at 4:30 p.m. Eastern Time. The call will provide further insights into the company’s business and expectations for the year and next quarter.

References:
[1] https://finance.yahoo.com/news/manhattan-associates-reports-second-quarter-200500086.html
[2] https://www.investing.com/news/transcripts/earnings-call-transcript-manhattan-associates-q2-2025-earnings-beat-expectations-93CH-4147018