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 · 2026-04-24 vs the prior 10-Q · 2025-10-24
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +31 | −54 | ~38 | 28 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 3 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 2 |
| Risk factors | Text added/removed | +1 | −2 | ~1 | 0 |
| 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 · 2026-04-24
We develop, sell, deploy, service and maintain software solutions designed to manage supply chains, inventory, and omnichannel operations for retailers, wholesalers, manufacturers, logistics providers, government agencies, and other organizations. Our customers include many of the world’s premier an…
In the three months ended March 31, 2026, we generated $282.2 million in total revenue. The revenue mix for the three months ended March 31, 2026 was: cloud subscriptions 41%; software license 1%; maintenance 11%; services 45%; and hardware 2%.
Customers on our legacy perpetual license program can convert their maintenance contracts to cloud subscription contracts.
Global macro-economic trends, technology spending, and supply chain management market growth are important barometers for our business. In the three months ended March 31, 2026, approximately 66% of our total revenue was generated in the United States, 19% in EMEA, and the remaining balance in APAC,…
have long sales cycles. During the three months ended March 31, 2026, approximately 58% of the total value of new non-cancelable cloud subscriptions (excluding renewals) signed was with new customers, and 42% was with existing customers. We define new customers as entities from which we either have …
Text removed vs the prior filing · source: 10-Q · 2025-10-24
We develop, sell, deploy, service and maintain software solutions designed to manage supply chains, inventory and omnichannel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations. Our customers include many of the world’s premier and most profitable brand…
In the three and nine months ended September 30, 2025, we generated $275.8 million and $811.0 million in total revenue, respectively. The revenue mix for the three months ended September 30, 2025 was: cloud subscriptions 38%; software license 1%; maintenance 11%; services 48%; and hardware 2%. The r…
Global macro-economic trends, technology spending, and supply chain management market growth are important barometers for our business. In the three and nine months ended September 30, 2025, approximately 65% and 66% of our total revenue was generated in the United States, respectively; 20% in EMEA …
In the three months ended September 30, 2025, license revenue totaled $1.4 million, or 1% of total revenue. The Americas, EMEA, and APAC segments totaled $0.9 million, $0.4 million, and $0.1 million in license revenue, respectively, in the three months ended September 30, 2025. In the nine months en…
During the three and nine months ended September 30, 2025, approximately 15% and 50%, respectively, of the total value of new non-cancelable cloud subscriptions (excluding renewals) signed was with new customers, and 85% and 50%, respectively, was with existing customers. We define new customers as …
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-04-24
The conflict involving the United States, Israel, and Iran and related geopolitical instability may adversely affect our business. A military conflict involving the United States, Israel, and Iran commenced in February 2026, which has led to disruptions in shipping through the Strait of Hormuz. The …
Text removed vs the prior filing · source: 10-Q · 2025-10-24
Adverse litigation results could affect our business. From time to time, we are involved in litigation relating to claims arising in the ordinary course of business, and occasionally legal proceedings not in the ordinary course. Litigation can be lengthy, expensive and disruptive to our operations, …
In February and April 2025, two putative securities class action lawsuits were filed against us. Then, on September 22, 2025, a shareholder derivative lawsuit was filed against us. Additional information regarding these matters can be found in Note 7 to the condensed consolidated financial statement…
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