Manhattan Associates Posts Strong Q1 with Adjusted EPS $1.24, Revenue $282.2M; RPO Climbs to $2.35B
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Manhattan Associates reported strong first-quarter 2026 results, with revenue reaching $282.2 million and adjusted diluted EPS of $1.24. A key highlight is the significant increase in Remaining Performance Obligations (RPO) to $2.35 billion, driven by cloud-native subscription agreements, which signals robust future revenue. Cloud subscription revenue itself grew to $117.1 million, reinforcing the company's successful transition and growth in its cloud offerings. This positive performance builds on the strong financial results and cloud growth outlined in the company's recent 2025 10-K filing. Additionally, the company demonstrated commitment to shareholder returns by repurchasing $150 million in shares during the quarter. Traders will view the RPO growth as a strong indicator of continued demand and future financial health.
At the time of this announcement, MANH was trading at $134.89 on NASDAQ in the Technology sector, with a market capitalization of approximately $8B. The 52-week trading range was $119.06 to $247.22. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.