14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $217M | $40M | 74.8% | 2.0% | $24M | $232M | $29M |
| 2024 | $275M | $113M | 70.5% | -37.2% | $23M | $290M | $56M |
| 2023 | $298M | $180M | 67.6% | -55.0% | $49M | $477M | $237M |
| 2022 | $317M | -$68M | 67.3% | -12.7% | $29M | $515M | $249M |
| 2021 | $302M | -$58M | 67.1% | -11.5% | $41M | $518M | $189M |
| 2020 | $292M | -$51M | 66.3% | -8.2% | $35M | $522M | $250M |
| 2019 | $223M | -$45M | 69.0% | -10.9% | $11M | $525M | $175M |
| 2018 | $150M | -$11M | 67.6% | -3.7% | $6M | $280M | $17M |
| 2017 | $98M | -$19M | 65.6% | -11.4% | $7M | $111M | $22M |
| 2016 | $75M | -$14M | 63.1% | -11.4% | $3M | $48M | $29M |
| 2015 | — | -$14M | — | — | -$2M | $24M | $18M |
| 2014 | — | -$20M | — | — | $316000 | $23M | $31M |
| 2013 | — | -$9M | — | — | -$502000 | $29M | $5M |
| 2012 | — | -$3M | — | — | $1M | — | $4M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $49M | -$1M | 75.5% | 10.4% | $6M | — | $30M |
| Dec '25 | $49M | $1M | 76.5% | 14.5% | $7M | $232M | $29M |
| Sep '25 | $51M | -$1M | 76.9% | 10.6% | $7M | — | $23M |
| Jun '25 | $53M | -$13M | 74.8% | -13.2% | $3M | — | $41M |
| Mar '25 | $64M | -$26M | 71.6% | -1.7% | $8M | — | $34M |
| Dec '24 | $68M | -$3M | 70.8% | -2.9% | $9M | $290M | $56M |
| Sep '24 | $67M | -$2M | 70.5% | -5.0% | $4M | — | $60M |
| Jun '24 | $69M | -$11M | 70.5% | -7.7% | $5M | — | $232M |
| Mar '24 | $71M | -$96M | 70.2% | -129.6% | $5M | — | $232M |
| Dec '23 | $72M | -$16M | 67.2% | -13.0% | $9M | $477M | $237M |
| Sep '23 | $74M | -$9M | 69.1% | -10.4% | $18M | — | $240M |
| Jun '23 | $74M | -$15M | 67.5% | -12.6% | $7M | — | $263M |
| Mar '23 | $77M | -$140M | 66.9% | -178.4% | $16M | — | $258M |
| Dec '22 | $79M | -$23M | 66.1% | -17.8% | $6M | $515M | $249M |
| Sep '22 | $80M | -$7M | 67.7% | -0.7% | $1M | — | $242M |
| Jun '22 | $80M | -$16M | 66.9% | -13.6% | $14M | — | $138M |
| Mar '22 | $79M | -$23M | 68.6% | -18.8% | $8M | — | $130M |
| Dec '21 | $76M | -$7M | 66.7% | -3.0% | $13M | $518M | $189M |
| Sep '21 | $76M | -$11M | 67.4% | -7.5% | $5M | — | $180M |
| Jun '21 | $76M | -$19M | 67.2% | -12.0% | $11M | — | $177M |
How the market has priced UPLD against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Upland Software, Inc.'s revenue has declined 5.8% per year. These are computed facts, not advice.
As of FY2025, Upland Software, Inc. reported $232M of total debt against $29M of cash.
In FY2025, gross margin was 74.8%, operating margin 2.0%, and net margin 18.6%.
As of Jun '26, Upland Software, Inc. traded at a price-to-earnings ratio of about 3.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.