Manhattan Associates raised its full-year 2026 total revenue guidance to between $1.16 billion and $1.166 billion while introducing a new three-tier packaging strategy called Editions for its Manhattan Active solutions. The company reported second-quarter total revenue of $298 million, up 9%, with cloud revenue increasing 26% to $127 million and remaining performance obligations reaching $2.47 billion, a 23% year-over-year rise. CEO Eric Clark said conversions from on-premises to Manhattan Active represented over 40% of new cloud bookings, and the company now expects RPO toward the high end of its $2.62 billion to $2.68 billion target range. The Editions launch, described as a packaging and pricing change rather than a new product line, offers Enterprise Premier, Enterprise, and Essentials tiers aimed at expanding the addressable market. Adjusted earnings per share guidance was raised to $5.44 to $5.50 for the full year, while the company noted that foreign exchange is now expected to be neutral compared with a prior expectation of a one-point tailwind.
Manhattan Associates IncRaised 2026 revenue guidance and adjusted EPS guidance, and introduced new packaging strategy.