Upland Software Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	201.91	216.88	274.79	297.85	317.3	302.02
Revenue Growth (YoY)	-24.58%	-21.08%	-7.74%	-6.13%	5.06%	3.51%
Cost of Revenue	48.64	54.76	81.09	96.36	103.74	99.45
Gross Profit	153.27	162.12	193.7	201.49	213.56	202.56
Selling, General & Admin	74.77	82.14	115.76	125.61	129.88	132
Depreciation & Amortization Expenses	24.49	26.85	45.62	58.61	43.67	41.32
Research & Development	33.01	36.51	47.37	49.38	46.19	42.69
Other Operating Expenses	10.15	12.19	87.25	131.82	34.06	21.23
Total Operating Expenses	142.42	157.69	296	365.41	253.79	237.24
Operating Income	10.53	4.43	-102.3	-163.92	-40.23	-34.68
Total Non-Operating Income (Expense)	-19.95	-43.1	-7.8	-18.45	-29.93	-31.88
Pretax Income	-11.72	-38.67	-110.09	-182.37	-70.15	-66.56
Provision for Income Taxes	2.56	0.23	2.64	-2.49	-1.74	-8.34
Net Income	-14.29	-38.9	-112.73	-179.87	-68.41	-58.21
Net Income Attributable to Preferred Dividends	-5.91	-5.85	-5.59	-5.35	-1.85	-
Net Income to Common	-20.2	-44.75	-118.32	-185.22	-70.26	-58.21
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
Shares Change (YoY)	4.46%	2.97%	-13.36%	1.73%	4.07%	13.76%
EPS (Basic)	-7.00	-15.60	-42.60	-57.70	-22.30	-19.20
EPS (Diluted)	-7.00	-15.60	-42.60	-57.70	-22.30	-19.20
Free Cash Flow	22.09	24.45	23.36	48.72	29.11	40.62
Free Cash Flow Growth	-9.65%	4.67%	-52.06%	67.36%	-28.33%	17.73%
Free Cash Flow Per Share	7.66	8.54	8.41	15.19	9.23	13.41
Gross Margin	75.91%	74.75%	70.49%	67.65%	67.31%	67.07%
Operating Margin	5.22%	2.04%	-37.23%	-55.03%	-12.68%	-11.48%
Profit Margin	-7.08%	-17.94%	-41.02%	-60.39%	-21.56%	-19.27%
FCF Margin	10.94%	11.27%	8.50%	16.36%	9.18%	13.45%
EBITDA	39.63	36.57	-47.31	-91.93	15.92	18.25
EBITDA Margin	19.63%	16.86%	-17.22%	-30.87%	5.02%	6.04%
EBIT	10.53	4.43	-102.3	-163.92	-40.23	-34.68
EBIT Margin	5.22%	2.04%	-37.23%	-55.03%	-12.68%	-11.48%
Effective Tax Rate	-21.86%	-0.60%	-2.40%	1.37%	2.48%	12.54%

SEC Filings: 10-K · 10-Q