Upland Software Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	216.88	274.79	297.85	317.3	302.02
Revenue Growth (YoY)	-21.08%	-7.74%	-6.13%	5.06%	3.51%
Cost of Revenue	54.76	81.09	96.36	103.74	99.45
Gross Profit	162.12	193.7	201.49	213.56	202.56
Selling, General & Admin	82.14	115.76	125.61	129.88	132
Depreciation & Amortization Expenses	26.85	45.62	58.61	43.67	41.32
Research & Development	36.51	47.37	49.38	46.19	42.69
Other Operating Expenses	12.19	87.25	131.82	34.06	21.23
Total Operating Expenses	157.69	296	365.41	253.79	237.24
Operating Income	4.43	-102.3	-163.92	-40.23	-34.68
Total Non-Operating Income (Expense)	-43.1	-7.8	-18.45	-29.93	-31.88
Pretax Income	-38.67	-110.09	-182.37	-70.15	-66.56
Provision for Income Taxes	0.23	2.64	-2.49	-1.74	-8.34
Net Income	-33.06	-107.14	-174.53	-66.57	-58.21
Net Income Attributable to Preferred Dividends	-5.85	-5.59	-5.35	-1.85	-
Net Income to Common	-33.06	-107.14	-174.53	-66.57	-58.21
Shares Outstanding (Basic)	29	28	32	32	30
Shares Outstanding (Diluted)	29	28	32	32	30
Shares Change (YoY)	2.97%	-13.36%	1.73%	4.07%	13.76%
EPS (Basic)	-1.56	-4.26	-5.77	-2.23	-1.92
EPS (Diluted)	-1.56	-4.26	-5.77	-2.23	-1.92
Free Cash Flow	24.45	23.36	48.72	29.11	40.62
Free Cash Flow Growth	4.67%	-52.06%	67.36%	-28.33%	17.73%
Free Cash Flow Per Share	0.85	0.84	1.52	0.92	1.34
Gross Margin	74.75%	70.49%	67.65%	67.31%	67.07%
Operating Margin	2.04%	-37.23%	-55.03%	-12.68%	-11.48%
Profit Margin	-17.94%	-41.02%	-60.39%	-21.56%	-19.27%
FCF Margin	11.27%	8.50%	16.36%	9.18%	13.45%
EBITDA	36.57	-47.31	-91.93	15.92	18.25
EBITDA Margin	16.86%	-17.22%	-30.87%	5.02%	6.04%
EBIT	4.43	-102.3	-163.92	-40.23	-34.68
EBIT Margin	2.04%	-37.23%	-55.03%	-12.68%	-11.48%
Effective Tax Rate	-0.60%	-2.40%	1.37%	2.48%	12.54%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

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