Manhattan Associates (MANH) risk factors, FY2025 10-K

Manhattan Associates's FY2025 10-K, filed Feb 04, 2026, lists 9 risk factors in 5 groups. Against the prior year's 6: 4 new, 1 dropped, 3 substantially reworded.

Open MANH in Gloom →
Manhattan Associates' chart, financials and news, free in your browser.Open MANH in Gloom →
Risk factors listed
95 groups
New this year
4vs 6 last year
Dropped
1since the prior 10-K
Substantially reworded
3of those kept
Section length
9k wordsItem 1A

What the changes say

  • The company added risks concerning third-party cloud hosting dependencies, generative AI deployment, retail market disruption, and R&D spending returns.
  • Drop of open source code exposure risk indicates shifting compliance priorities.

What changed since the prior 10-K

New

  • NewRisks Related to Our Business

    decrease significantly, and that could have a material adverse effect on our business, results of operations, cash flow and financial condition

    We depend on third-party data center facilities to host our cloud solutions, and any outages or damage could cause service interruptions.

  • NewRisks Related to Our Business

    resolve post-deployment issues, our ability to sell software products to these customers would be adversely affected and our reputation in the marketplace with potential customers could suffer

    Using third-party generative and agentic AI tools for our software features and internal operations exposes us to operational, compliance, and legal risks.

  • NewRisks Related to Our Business

    our brand, or if we incur excessive expenses in our efforts to do so, our business, operating results and financial condition may be materially and adversely affected

    Disruptions and digital transformation in our largest market, retail, may cause customers to evaluate store networks and delay software purchase decisions.

  • NewRisks Related to Our Business

    significant downturns in sales and market acceptance of our offerings, it may not be fully reflected in our results of operations until future periods

    Our significant investments in software research and development may not generate anticipated returns or marketable solutions.

Dropped

  • DroppedRisks Related to Our Intellectual Property and Cybersecurity

    source software licenses require the user of such software to make any derivative works of the open source code available to others on unfavorable terms or at no cost. This can subject previously proprietary software to open source license terms

Reworded

  • 60% rewrittenRisks Related to Our Business

    Smaller independent companies that have developed or are attempting to develop supply chain execution solutions or planning solutions that apply either globally or in specific countries

    Minor stylistic or header adjustments related to smaller independent supply chain execution or planning competitors.

  • 42% rewrittenRisks Related to Our Business

    Any of these risks could be difficult to eliminate or manage, and, if not addressed, could adversely affect our business, financial condition, results of operations, and growth prospects

    Minor stylistic or header adjustments related to pricing pressure and long customer sales cycles.

  • 22% rewrittenRisks Related to Our Common Stock

    currency exchange rate fluctuations

    Minor stylistic or header adjustments related to macroeconomic developments and currency exchange rate fluctuations.

All 9 risk factors

Headings as the filing states them, in filing order.

Risks Related to Our Business

  1. 01decrease significantly, and that could have a material adverse effect on our business, results of operations, cash flow and financial conditionNew
  2. 02resolve post-deployment issues, our ability to sell software products to these customers would be adversely affected and our reputation in the marketplace with potential customers could sufferNew
  3. 03Any of these risks could be difficult to eliminate or manage, and, if not addressed, could adversely affect our business, financial condition, results of operations, and growth prospects42% rewritten
  4. 04our brand, or if we incur excessive expenses in our efforts to do so, our business, operating results and financial condition may be materially and adversely affectedNew
  5. 05Smaller independent companies that have developed or are attempting to develop supply chain execution solutions or planning solutions that apply either globally or in specific countries60% rewritten
  6. 06significant downturns in sales and market acceptance of our offerings, it may not be fully reflected in our results of operations until future periodsNew

Risks Related to Our Intellectual Property and Cybersecurity

  1. 07If a cyber-attack or other security incident were to occur, we could suffer damage to our brand and reputation, which could reduce our revenue, earnings, and operating cash flow resulting from increased expenses, including potential legal claims and regulatory actions to address and fix the incidents

Risks Related to Our Common Stock

  1. 08currency exchange rate fluctuations22% rewritten
  2. 09A decrease in revenues could also negatively affect our liquidity, as we primarily rely on cash generated from operating activities for our liquidity needs. Compounding this issue, a disease outbreak, pandemic, or other public health crisis may make outside capital less available or more expensive

Other Manhattan Associates 10-Ks

  • FY2024 10-K risk factors
    42 risks

    Cloud subscriptions and related professional services drive revenue, with customer retention and renewals central to results.

    Filed Feb 07, 2025

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.