The Investor
28 Jan 2026, 12:14
Manhattan Associates reported solid fourth-quarter 2025 results, with revenue rising to $270.4 million from $255.8 million a year earlier, driven by strong cloud demand. Cloud subscription revenue jumped 20% year over year to $108.6 million, while RPO bookings increased 25%, marking a record quarter for cloud bookings.
GAAP diluted EPS increased to $0.86 from $0.77, while adjusted EPS rose to $1.21 from $1.17. Operating income and cash flow also strengthened, with operating cash flow reaching $147.0 million in the quarter. For full-year 2025, revenue grew to $1.08 billion, cloud subscription revenue climbed to $408.1 million, and adjusted EPS rose to $5.06. The company ended the year with $328.7 million in cash and continued its share buyback program, repurchasing $274.5 million of stock during 2025 and renewing a $100 million authorization in January 2026.
GAAP diluted EPS increased to $0.86 from $0.77, while adjusted EPS rose to $1.21 from $1.17. Operating income and cash flow also strengthened, with operating cash flow reaching $147.0 million in the quarter. For full-year 2025, revenue grew to $1.08 billion, cloud subscription revenue climbed to $408.1 million, and adjusted EPS rose to $5.06. The company ended the year with $328.7 million in cash and continued its share buyback program, repurchasing $274.5 million of stock during 2025 and renewing a $100 million authorization in January 2026.
