Business Context and Reporting Period
Company: Manhattan Associates, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: April 21, 2026
Reporting Period: Three months ended March 31, 2026 (Q1 2026)
Business Overview: The Company issued a press release detailing its financial results for the quarter. The filing serves to disclose these results pursuant to Item 2.02.
Key Financial Metrics
The provided filing text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document references a press release (Exhibit 99.1) containing these figures but does not reproduce the data within the text of the 8-K itself.
Non-GAAP Measures Discussed: The filing outlines the methodology for "adjusted results," which exclude:
- Equity-based compensation expense and related tax effects.
- Expense related to an unusual health insurance claim, net of insurance recoveries.
- Restructuring expense related to a workforce reduction recorded in 2025.
Material Changes and Unusual Items
The filing highlights specific items excluded from non-GAAP calculations that represent material deviations from normal operating activities:
- Unusual Health Insurance Claim: Described as having an uncommonly large magnitude and nature, with timing issues regarding insurance recoveries.
- Restructuring Expense: Related to a 2025 workforce reduction aimed at aligning service capacity with customer demand impacted by macro-economic uncertainty.
Management Commentary and Outlook
Management utilizes adjusted non-GAAP results as primary measures for:
- Reviewing and assessing operating performance.
- Determining executive compensation and bonus plans.
- Making operating decisions regarding investments in R&D, capital expenditures, and acquisitions.
- Facilitating internal historical comparisons and peer comparisons.
The filing explicitly states that these non-GAAP measures are not in accordance with GAAP and should not be used as a substitute for GAAP measures.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific GAAP and non-GAAP financial figures (Revenue, Net Income, EPS) which are not present in this 8-K text.
- Verify the specific dollar amounts and impact of the unusual health insurance claim and 2025 restructuring expenses excluded from adjusted results.
- Assess the reconciliation between GAAP and non-GAAP metrics to understand the magnitude of equity-based compensation and tax effects.
- Confirm the Company's liquidity position and debt levels in the full press release or accompanying 10-Q filing.