Upland Software, Inc. (UPLD)

Upland Software Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	274.79	297.85	317.3	302.02	291.78
Revenue Growth (YoY)	-7.74%	-6.13%	5.06%	3.51%	31.05%
Cost of Revenue	81.09	96.36	103.74	99.45	98.45
Gross Profit	193.7	201.49	213.56	202.56	193.33
Selling, General & Admin	115.76	125.61	129.88	125.7	114.15
Research & Development	47.37	49.38	46.19	42.69	39
Operating Expenses	208.75	233.6	219.73	209.71	190.07
Operating Income	-15.05	-32.1	-6.17	-7.14	3.26
Interest Expense	-8.94	-18.68	-29.15	-31.63	-31.53
Currency Exchange Gain (Loss)	1.1	0.3	-1	0.05	0.2
Other Non Operating Income (Expenses)	0.04	-0.06	0.22	-0.3	-0.31
EBT Excluding Unusual Items	-22.85	-50.55	-36.1	-39.02	-28.38
Merger & Restructuring Charges	-0.02	-3.06	-21.56	-21.23	-27.08
Impairment of Goodwill	-87.23	-128.76	-12.5	-	-
Other Unusual Items	-	-	-	-6.3	-
Pretax Income	-110.09	-182.37	-70.15	-66.56	-55.45
Income Tax Expense	2.64	-2.49	-1.74	-8.34	-4.23
Net Income	-112.73	-179.87	-68.41	-58.21	-51.22
Preferred Dividends & Other Adjustments	5.59	5.35	1.85	-	-
Net Income to Common	-118.32	-185.22	-70.26	-58.21	-51.22
Shares Outstanding (Basic)	28	32	32	30	27
Shares Outstanding (Diluted)	28	32	32	30	27
Shares Change (YoY)	-13.36%	1.73%	4.07%	13.76%	15.29%
EPS (Basic)	-4.26	-5.77	-2.23	-1.92	-1.92
EPS (Diluted)	-4.26	-5.77	-2.23	-1.92	-1.92
Free Cash Flow	23.36	48.72	29.11	40.62	34.51
Free Cash Flow Per Share	0.84	1.52	0.92	1.34	1.30
Gross Margin	70.49%	67.65%	67.31%	67.07%	66.26%
Operating Margin	-5.48%	-10.78%	-1.94%	-2.37%	1.12%
Profit Margin	-43.06%	-62.19%	-22.14%	-19.27%	-17.55%
Free Cash Flow Margin	8.50%	16.36%	9.18%	13.45%	11.83%
EBITDA	39.94	39.88	49.97	45.79	50.43
EBITDA Margin	14.53%	13.39%	15.75%	15.16%	17.28%
D&A For EBITDA	54.99	71.99	56.15	52.93	47.16
EBIT	-15.05	-32.1	-6.17	-7.14	3.26
EBIT Margin	-5.48%	-10.78%	-1.94%	-2.37%	1.12%
Revenue as Reported	274.79	297.85	317.3	302.02	291.78
Advertising Expenses	2.3	2	0.8	0.9	0.1

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q