Quarterly reports
Upland Software reported second quarter 2026 total revenue of $49.14 million, down 7.9% from $53.38 million in the second quarter of 2025. The decline came mostly from divestitures completed in 2025, which the MD&A says reduced revenue by $3.8 million, and Sunset Assets, which cut $0.5 million.
Upland Software reported first quarter fiscal 2026 results with a much smaller revenue base following its 2025 divestitures. Total revenue was $48.7 million for the quarter, down 23.5% from the prior-year quarter. Gross profit was $36.8 million, down 19.4%. Gross margin improved to 75.5%.
Upland Software finished fiscal 2025 with a much smaller top line and a cleaner cost structure. Fourth quarter revenue was $49.31 million, down 27.5% from $68.03 million in the prior-year quarter. Full year revenue came in at $216.88 million, a decline of 21.1% from $274.79 million.
Upland Software reported third quarter 2025 total revenue of $50.5 million, down 24.2% from the prior-year quarter, a decline the company attributes mainly to divestitures completed earlier in the year. Gross profit was $38.8 million, down 17.3%, yet gross margin climbed to 76.9%, up 6.4 percentage points.
Upland Software reported second quarter 2025 total revenue of $53.4 million, down 23% from the prior-year quarter. The decline was tied mostly to divested product lines. Gross profit was $39.9 million, down 18.2%, and gross margin was 74.8%, up from the prior-year quarter.
Upland Software reported FY2025 Q1 total revenue of $63.7 million, down 10% from $70.7 million in the prior-year quarter. Gross profit was $45.6 million, down 8.2% from $49.7 million. Gross margin was 71.6%, up from 70.2%.
Upland Software closed fiscal 2024 with the split it showed most of the year: lower revenue against much smaller losses. Fourth-quarter revenue was $68.03 million, down 5.8% from $72.18 million in the prior-year quarter. Full-year revenue was $274.79 million, down 7.7% from $297.85 million.
Upland Software reported third quarter 2024 results on November 7, 2024. Total revenue was $66.7 million, down 10.0% from the prior-year quarter. Year-to-date revenue was $206.8 million, down 8.4% from the same nine-month period in 2023. The top line continued to face pressure.
Upland Software reported second quarter 2024 total revenue of $69.34 million, down 6.9% from $74.50 million in the second quarter of 2023. Gross profit fell 2.9% to $48.86 million, yet gross margin improved to 70.5% from 67.5%.
Upland Software posted first quarter 2024 revenue of $70.7 million, an 8% decline from the prior-year quarter. Gross profit was $49.7 million, down 3.6%, and gross margin was 70.2%, up 3.4 percentage points from a year earlier. The company reported an operating loss of $91.6 million and a net loss of $96.1 million.
Upland Software finished fiscal 2023 with a fourth quarter that mixed a smaller top line with better margins. Total revenue was $72.2 million, down 8.4% from $78.8 million in the fourth quarter of 2022.
Upland Software's third quarter fiscal 2023 results show a business still shrinking on the top line while cost actions and cash generation improved. Total revenue was $74.1 million, down 6.8% from the prior-year quarter. Year-to-date revenue was $225.7 million, down 5.4%.
Upland Software reported second quarter 2023 total revenue of $74.5 million, down 7.1% from $80.2 million in the second quarter of 2022. Gross profit fell to $50.3 million from $53.7 million. Gross margin improved to 67.5% from 66.9%.
Upland Software opened fiscal 2023 with soft top-line results and a much wider loss. Total revenue in the first quarter ended March 31, 2023 was $77.06 million, down 2.1% from the prior-year quarter.
Upland Software closed fiscal 2022 with fourth-quarter revenue of $78.8 million, up 4.1% from the prior-year quarter. Gross profit rose 3.1% to $52.1 million, but gross margin slipped to 66.1%, down 0.6 percentage points. The quarter's operating loss widened to $14.0 million.
Upland Software reported total revenue of $79.5 million for the third quarter of 2022, up 4.6% from $76.1 million in the third quarter of 2021. The increase was $3.50 million. Foreign currency was a drag. The press release attributes a 3% negative impact on third quarter revenue growth to changes in exchange rates.
Upland Software reported total revenue of $80.2 million for the second quarter of 2022, up 5% from the prior-year quarter. Revenue growth included a negative impact of 3 percentage points from changes in foreign currency exchange rates. Gross profit was $53.7 million, up 4.7% from the prior-year quarter.
Upland Software reported total revenue of $78.7 million for the first quarter of fiscal 2022, up 6.4% from $74.0 million in the prior-year quarter. Gross profit rose 8.9% to $54.0 million, and gross margin reached 68.6%, up 1.6 percentage points from 67.0%.
Upland Software closed fiscal 2021 with a softer fourth quarter. Revenue fell 3.2% to $75.7 million from $78.25 million a year earlier. Gross profit slipped 1.4% to $50.5 million, though gross margin improved to 66.7% from 65.5%. The operating line swung hard.
Upland Software reported third-quarter fiscal 2021 total revenue of $76.1 million, up 2.5% from $74.2 million in the prior-year quarter. Gross profit was $51.2 million, up 5.4%, and gross margin rose to 67.4% from 65.5%, a gain of 1.9 percentage points. The operating picture weakened.
Upland Software reported second quarter 2021 total revenue of $76.3 million, up 7% from $71.3 million in the second quarter of 2020. Gross profit was $51.3 million, up 7.6% from $47.6 million, and gross margin rose to 67.2% from 66.8%, a gain of 0.4 percentage points. The picture below the gross line was weaker.
Upland Software opened fiscal 2021 with total revenue of $74.0 million for the quarter ended March 31, 2021, up 8.7% from $68.0 million in the prior-year quarter. Gross profit rose 8.1%, to $49.5 million, from $45.8 million. Gross margin slipped to 67.0% from 67.4%. Profitability below the gross line stayed weak.
Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.