Manhattan Associates, Inc. · MANH · FY2026 Q3 · Calendar Q4 2026
Manhattan Associates: Cloud Growth and RPO Momentum Continue
The supplied analysis supports a constructive but conditional view: record revenue, accelerating cloud growth, higher RPO guidance, AI-agent adoption, and partner momentum provide evidence of resilient demand. The case remains dependent on sustaining cloud acceleration, converting legacy customers, and executing Additions and AI rollouts.
Earnings scorecard
Reported versus consensusMarket reaction
close-to-close (session unavailable)Ask FN2 about MANH FY2026 Q3
Transcript, numbers and history already loadedFree account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, management reported a record Q3 with cloud revenue surpassing services revenue, RPO up 25% year over year, partner-originated bookings up more than fourfold, and AI agents converting from pilot to subscription at a 100% rate. Full-year RPO guidance was raised to 21% growth.
Guidance delta
Management raised full-year 2026 RPO guidance to 21% growth and pointed to continued 2027 cloud-growth and margin-expansion targets.
Key takeaways
- Q3 revenue reached $306 million, with cloud revenue up 28% year over year.
- RPO rose 25% year over year to $2.59 billion, and full-year 2026 RPO guidance was raised to 21% growth.
- Management highlighted Additions tiers, AI-agent adoption, and partner-originated bookings up more than fourfold year over year.
- AI agents converted from pilot to subscription at a 100% rate in Q3, according to the supplied analysis.
Management priorities
- Scale Additions tiers across the customer base.
- Expand AI-agent capabilities and agentic AI offerings.
- Deepen partner integrations and partner-driven deal flow.
- Invest in sales, marketing, and enablement for mid-market opportunities.
Follow MANH with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeCompany context
Snapshot as of publicationManhattan Associates, Inc. develops comprehensive software solutions to manage and optimize supply chains, inventory, and omni-channel operations. Their product portfolio features Manhattan SCALE, a suite of logistics execution tools covering aspects like trading partner management, yard optimization, warehouse management, and transportation execution. Additionally, they offer Manhattan Active, which provides integrated enterprise and in-store omni-channel solutions. The company also supplies specialized solutions for inventory optimization, planning, and allocation.…
Technology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| NXPI NXP Semiconductors N.V. | FY2026 Q3 · Calendar Q4 2026 | — | +3.1% | NXP posts strong Q3 as SDV and AI demand drive growth |
| FFIV F5, Inc. | FY2026 Q4 · Calendar Q4 2026 | — | -0.5% | F5 pairs AI-security investment with 8%-9% FY27 growth outlook |
| CLS Celestica Inc. | FY2026 Q3 · Calendar Q4 2026 | +12.6% | +12.1% | Celestica raises outlook as AI networking demand accelerates |
| GLW Corning Inc | FY2026 Q3 · Calendar Q4 2026 | — | -0.4% | Corning’s optical growth accelerates, while solar remains a drag |
| CDNS Cadence Design Systems, Inc. | FY2026 Q3 · Calendar Q4 2026 | +2.9% | +1.8% | Cadence raises 2026 outlook as AI tools and verification demand accelerate |
Latest beats and misses
Who reports nextBeat on EPS
- HIGFY2026 Q3 · October 26, 2026+10.4% EPS-1.8% move
- CLSFY2026 Q3 · October 26, 2026+12.6% EPS+12.1% move
- CINFFY2026 Q3 · October 26, 2026+39.5% EPS+2.3% move
- VZFY2026 Q3 · October 26, 2026+3.1% EPS-3.5% move
- CXFY2026 Q3 · October 26, 2026+12.0% EPS-0.1% move
- CDNSFY2026 Q3 · October 26, 2026+2.9% EPS+1.8% move
Missed on EPS
- BROFY2026 Q3 · October 26, 2026-1.8% EPS-5.0% move
- PSA-PLFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-PNFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-POFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-PKFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-PGFY2026 Q3 · October 26, 2026-32.1% EPS— move
Get the MANH recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-10-27T23:03:04.258522+00:00
- FN2 earnings calendar · 2026-10-27T01:23:15.065758+00:00
- Polygon adjusted daily market bars · 2026-10-27T23:10:41.729128+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-27T23:10:41.726528+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-27. For educational purposes only; not investment advice.