Manhattan Associates Reports Record Q3 2026 Results and Raises Full-Year Guidance
Manhattan Associates (MANH) delivered strong third-quarter 2026 results, characterized by an 11% year-over-year increase in total revenue to $306 million. A significant milestone was reached as cloud revenue grew 28% to $134 million, achieving parity with services revenue for the first time. The company's Remaining Performance Obligation (RPO) rose 25% year-over-year to $2.59 billion, driven by record bookings and strong demand for its unified platform. Driven by these results, management raised its full-year 2026 guidance for revenue, RPO growth, and non-GAAP EPS. Growth is being fueled by the integration of agentic AI—which boasts a 100% conversion rate from pilot to paid subscription—and a new tiered pricing model. Despite potential macroeconomic volatility, the company maintains a strong balance sheet with $199 million in cash and zero debt.
Tickers: $MANH
Topics: cloud revenue growth guidance raise revenue beat RPO increase share repurchases