Despite the Citizens’ dominance and multiple trophies in recent seasons, the Catalan had not claimed the monthly honour since December 2021.
This marks his 12th award, placing him third all-time behind Sir Alex Ferguson and Arsène Wenger, and one ahead of David Moyes.
February saw the Etihad Stadium giants earn 13 points from four wins against Liverpool, Fulham, Newcastle and Leeds, following a draw with Tottenham Hotspur.
Guardiola edged a competitive shortlist including Keith Andrews, Michael Carrick, and Arne Slot to claim the accolade.