Company research / UPLD

Upland Software, Inc. (UPLD)

CIK 0001505155 · Nasdaq · Services-Prepackaged Software

  • Sector Services
  • Incorporated TX
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Upland Software, Inc. reported revenue of $216.88M. Revenue fell 21.1% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $197.67M.

Key ratios (year ended 2025-12-31)

74.8%
Gross margin
2.0%
Operating margin
-17.9%
Net margin
-21.1%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-09-21

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Stock splits: 1-for-10, first reflected in a filing dated 2026-08-14. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$197.67M$216.88M$274.79M$297.85M$317.30M$302.02M$291.78M$222.64M$149.88M$97.95M$74.77M
Cost of Revenue$46.88M$54.76M$81.09M$96.36M$103.74M$99.45M$98.45M$69.12M$48.59M$33.65M$27.57M
Gross Profit$150.79M$162.12M$193.70M$201.49M$213.56M$202.56M$193.33M$153.52M$101.30M$64.31M$47.20M
R&D Expense$31.00M$36.51M$47.37M$49.38M$46.19M$42.69M$39.00M$29.04M$20.91M$15.79M$14.92M
Operating Income-$12.13M$4.43M-$102.30M-$163.92M-$40.23M-$34.68M-$23.81M-$24.31M-$5.59M-$11.14M-$8.52M
Depreciation & Amortization$27.38M$32.14M$54.99M$71.98M$56.15M$52.93M$47.16M$34.62M$21.35M$11.91M$9.79M
EBITDA$15.25M$36.57M-$47.31M-$91.93M$15.92M$18.25M$23.35M$10.31M$15.75M$778.0K$1.27M
Net Income-$36.58M-$38.90M-$112.73M-$179.87M-$68.41M-$58.21M-$51.22M-$45.37M-$10.84M-$18.73M-$13.51M
EPS (Diluted)n/a-$1.56-$4.26-$5.77-$2.23-$1.92-$1.92-$1.96n/an/an/a
Total Assets$356.57M$413.18M$529.52M$870.02M$1.11B$1.03B$1.01B$896.83M$483.20M$281.26M$150.59M
Total Liabilities$314.22M$332.47M$424.60M$626.09M$692.30M$712.72M$704.61M$683.97M$395.89M$189.84M$91.58M
Long-Term Debtn/a$232.41M$290.19M$476.67M$514.98M$518.33M$521.60M$525.07Mn/an/a$47.93M
Shareholders' Equity-$89.75M-$48.37M-$18.30M$126.29M$308.87M$316.29M$306.62M$212.86M$87.31M$91.42M$59.01M
Cash & Equivalents$31.04M$29.40M$56.43M$236.56M$248.65M$189.16M$250.03M$175.02M$16.74M$22.33M$28.76M
Operating Cash Flow$25.18M$25.80M$24.24M$49.94M$29.98M$41.74M$35.62M$12.08M$7.35M$7.72M$3.88M
Capital Expenditures$462.0K$1.35M$882.0K$1.22M$866.0K$1.11M$1.11M$1.04M$935.0K$396.0K$670.0K
Free Cash Flow$24.72M$24.45M$23.36M$48.72M$29.11M$40.62M$34.51M$11.04M$6.41M$7.32M$3.21M
Shares Outstanding2.96M29.12M28.17M29.91M32.22M31.10M29.99M25.25M21.49M20.77M17.79M
Weighted Average Diluted Sharesn/a28.62M27.79M32.07M31.53M30.30M26.63M23.10Mn/an/an/a
EPS (Basic)n/a-$1.56-$4.26-$5.77-$2.23-$1.92-$1.92-$1.96n/an/an/a

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