MANHATTAN ASSOCIATES INC 8-K

What Happened
Manhattan Associates, Inc. (MANH) announced its financial results for the three and twelve months ended December 31, 2025, by press release dated January 27, 2026 (attached as Exhibit 99.1 to the Form 8-K). The release presents both GAAP results and a set of adjusted (non‑GAAP) measures — including adjusted operating income and margin, adjusted income tax provision, adjusted net income and adjusted diluted EPS — which exclude certain items the company considers outside normal operations.

Key Details

• Press release filed on January 27, 2026, covering results for the periods ended December 31, 2025 (three- and twelve-month periods).
• Non‑GAAP adjusted measures exclude: equity‑based compensation (non‑cash), an unusual health insurance claim net of insurance recoveries, restructuring expense tied to a 2025 workforce reduction, and related tax effects.
• Management states it uses these adjusted measures for operational review, executive compensation/bonuses, and comparisons to peers and historical results.
• Exhibit 99.1 is furnished (not filed) under General Instruction B.2 of Form 8‑K.

Why It Matters
Investors should note Manhattan’s reported results include both GAAP numbers and management’s adjusted metrics. The exclusions (equity compensation, a large health‑insurance claim, and restructuring costs) can materially change reported margins and EPS, so compare GAAP and non‑GAAP results and review the reconciliation in the press release. The disclosed restructuring tied to workforce reductions signals management’s actions to align service capacity with current demand, which is relevant context for near‑term revenue and expense trends. Non‑GAAP figures are used internally for performance assessment and compensation, so they reflect management’s view of recurring operating performance but are not substitutes for GAAP results.