MANH — what changed in the latest 10-Q
A section-by-section comparison of MANH's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-30 vs the prior 10-Q · 2026-07-31
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +15 | −16 | ~57 | 46 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 3 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 2 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-30
In the three months ended September 30, 2026, license revenue totaled $3.6 million, or 1% of total revenue. The Americas, EMEA, and APAC segments totaled $3.0 million, $0.5 million, and $0.1 million in license revenue, respectively, in the three months ended September 30, 2026. In the nine months en…
Operating income in the third quarter of 2026 was $81.0 million compared to $75.8 million in the same quarter in the prior year. Operating margin was 26.5% for the third quarter of 2026 versus 27.5% for the same quarter in the prior year. Operating income increased primarily due to increased cloud s…
Other income, net. Other income, net primarily includes interest income, foreign currency gains and losses, and other non-operating expenses. Other income, net decreased $0.7 million in the third quarter of 2026 compared to the same quarter in the prior year primarily due to a $0.5 million decrease …
Income tax provision. Our effective income tax rate was 26.0% and 25.2% for the quarters ended September 30, 2026 and 2025, respectively. The increase in the effective tax rate for the three months ended September 30, 2026 is due to a decrease of stock-based compensation benefits.
Condensed Consolidated Financial Summary – First Nine Months of 2026
Text removed vs the prior filing · source: 10-Q · 2026-07-31
In the three months ended June 30, 2026, license revenue totaled $2.0 million, or 1% of total revenue. The Americas, EMEA, and APAC segments totaled $1.2 million, $0.6 million, and $0.2 million in license revenue, respectively, in the three months ended June 30, 2026. In the six months ended June 30…
Restructuring Expense. Restructuring expenses consist primarily of employee severance and outplacement services. On June 1, 2026, the Company reduced its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing the Company to focus investments on key strategic…
Operating income in the second quarter of 2026 was $66.2 million compared to $73.8 million in the same quarter in the prior year. Operating margin was 22.2% for the second quarter of 2026 versus 27.1% for the same quarter in the prior year. Operating income and margin decreased primarily due to the …
Other income, net. Other income, net primarily includes interest income, foreign currency gains and losses, and other non-operating expenses. Other income, net increased $0.3 million in the second quarter of 2026 compared to the same quarter in the prior year due to a $0.3 million increase in foreig…
Income tax provision. Our effective income tax rate was 25.1% and 23.8% for the quarters ended June 30, 2026 and 2025, respectively. The increase in the effective tax rate for the three months ended June 30, 2026 is due to a decrease of stock-based compensation benefits.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice