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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $297.79M | $282.22M | $270.39M | $275.80M | $272.42M | $262.79M | $255.80M | $266.68M |
| Cost of revenue | $129.46M | $126.64M | $121.75M | $119.81M | $116.22M | $114.57M | $112.99M | $118.66M |
| Gross profit | $168.33M | $155.57M | $148.64M | $155.98M | $156.21M | $148.22M | $142.81M | $148.02M |
| Gross margin | 56.5% | 55.1% | 55.0% | 56.6% | 57.3% | 56.4% | 55.8% | 55.5% |
| Research and development | $34.77M | $37.35M | $38.53M | $36.36M | $34.87M | $35.30M | $33.00M | $34.35M |
| Selling, general and administrative | $57.44M | $51.46M | $41.57M | $42.14M | $45.96M | $45.28M | $47.49M | $36.89M |
| Operating expenses | $102.10M | $90.64M | $81.63M | $80.16M | $82.42M | $85.05M | $82.12M | $72.93M |
| Operating income | $66.23M | $64.94M | $67.01M | $75.83M | $73.79M | $63.17M | $60.69M | $75.09M |
| Operating margin | 22.2% | 23.0% | 24.8% | 27.5% | 27.1% | 24.0% | 23.7% | 28.2% |
| EBITDA | $76.13M | $66.77M | $68.54M | $77.49M | $75.38M | $67.64M | $62.32M | $76.78M |
| Interest expense | $0 | $0 | $4.39M | — | $0 | $0 | $6.03M | — |
| Income before taxes | $67.21M | $69.27M | $68.45M | $78.43M | $74.50M | $64.51M | $62.68M | $76.40M |
| Income taxes | $16.86M | $19.98M | $16.50M | $19.80M | $17.72M | $11.93M | $14.67M | $12.62M |
| Net income | $50.35M | $49.30M | $51.95M | $58.63M | $56.78M | $52.58M | $48.02M | $63.78M |
| Net margin | 16.9% | 17.5% | 19.2% | 21.3% | 20.8% | 20.0% | 18.8% | 23.9% |
| EPS, basic | $0.86 | $0.83 | $0.87 | $0.97 | $0.94 | $0.86 | $0.79 | $1.04 |
| EPS, diluted | $0.85 | $0.82 | $0.86 | $0.96 | $0.93 | $0.85 | $0.77 | $1.03 |
| Diluted shares | 59.00M | 60.04M | 60.66M | 60.95M | 61.07M | 61.53M | 62.17M | 61.95M |
Figures describe Manhattan Associates shares, not any token. As of Jul 31, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.