Upland Software
Builds AI-powered software for enterprise knowledge and content workflows.
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Profile
AI-powered knowledge and content-management software helps enterprise customers unlock information and automate content workflows. An acquisition-led strategy built a cloud-product library that is being refined through selected divestitures.
AI-powered knowledge and content-management software helps enterprise customers unlock knowledge and automate content workflows. The business also maintains a cloud-software library assembled through strategic acquisitions, spanning functions such as sales, contact center, IT, marketing, HR and legal, business operations, and project management.
Formed as an acquisition platform in 2010, it has made acquisitions an important part of its strategy since its first purchase. Recent product-line divestitures are intended to streamline and focus the portfolio, and the company attributes its projected revenue decline primarily to those divestitures in its stated outlook.
Company facts
Categories
Key statistics
Year to date −68.7% · Average volume (30d) 28.5K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 28, 2026 | Needham | Reiterate | Buy | $25 | $10 | |
| Jul 2, 2026 | Canaccord Genuity | Target | $15 | |||
| Aug 21, 2025 | Needham | Upgrade | Hold | Buy |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 14, 2026Q2 FY26 | $1.51 | $1.78 | +17.9% | $48.6M | $49.1M | +1.1% | −12.30% |
| Aug 13, 2026Q2 FY26 | $1.51 | $1.78 | +17.9% | $48.6M | $49.1M | +1.1% | +20.55% |
| May 1, 2026Q1 FY26 | $1.30 | $1.60 | +23.1% | $48.5M | $48.7M | +0.4% | +18.03% |
| Mar 3, 2026Q4 FY25 | $0.19 | $0.24 | +24.5% | $50.3M | $49.3M | −2.0% | +0.13% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $63.7M | $53.4M | $50.5M | $49.3M | $48.7M | $49.1M | |
| Gross profit | $45.6M | $39.9M | $38.8M | $37.7M | $36.8M | $37.5M | |
| Operating income | −$1.1M | −$7.0M | $5.3M | $7.2M | $5.0M | −$29.7M | |
| Net income | −$25.8M | −$13.0M | −$1.1M | $1.1M | −$1.2M | −$35.3M | |
| Diluted EPS | −$9.70 | −$5.10 | −$0.90 | −$0.13 | −$0.90 | −$12.53 | |
| Gross margin | 71.6% | 74.8% | 76.9% | 76.5% | 75.5% | 76.3% | |
| Operating margin | -1.7% | -13.2% | 10.6% | 14.5% | 10.4% | -60.4% |
Fiscal years (4-quarter sums)FY21 $302.0M · FY22 $317.3M · FY23 $297.9M · FY24 $274.8M · FY25 $216.9M
Revenue by product · Q2 FY26
Revenue by geography · Q4 FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $31.0M · Total debt $226.3M · Total assets $356.6M · Shareholders' equity −$89.8M
Dividends
No dividends on record.
Ownership
Shares outstanding 2.94M · Float 2.16M · 73.5% free float
A split settled inside the quarter being compared, so quarter-on-quarter change is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Ameriprise Financial Inc | 137.9K | 4.70% | 13F | Aug 14, 2026 |
| Vanguard Capital Management LLC | 120.4K | 4.10% | 13F | Aug 13, 2026 |
| Acadian Asset Management LLC | 112.4K | 3.83% | 13F | Aug 13, 2026 |
| Rice Hall James & Associates, LLC | 101.1K | 3.44% | 13F | Aug 7, 2026 |
| Castleknight Management LP | 77.7K | 2.65% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 7, 2026 | Timothy Mattox | director | −847 | $4.28 |
| Aug 6, 2026 | Timothy Mattox | director | −1,000 | $4.27 |
| Aug 5, 2026 | Timothy Mattox | director | −1,000 | $4.53 |
| Aug 4, 2026 | Timothy Mattox | director | −1,000 | $4.33 |
| Aug 3, 2026 | Timothy Mattox | director | −1,000 | $4.45 |
Peers
- Microsoft
Enterprise AI search and governed content workflows
- ServiceNow
AI-enabled customer self-service and workflow automation
- Salesforce
Customer-service knowledge and AI-assisted case resolution
- NiCE (ADR)
AI customer-experience platform with enterprise knowledge
- OpenText
Enterprise content management with search, workflow, and AI
- eGain
AI knowledge platform for customer-service operations
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Upland Software | $4.70 | 0.00% | $13.8M | — | 0.7 | 0.1 | −8.0% |
| Microsoft | $513.06 | −0.06% | $3.81T | 28.6 | 26.2 | 11.5 | +17.8% |
| ServiceNow | $143.28 | −0.97% | $149.61B | 90.4 | 31.9 | 10.2 | +24.0% |
| Salesforce | $256.48 | +0.16% | $209.66B | 23.4 | 17.6 | 4.8 | +10.8% |
| NiCE (ADR) | $108.17 | −0.68% | $6.38B | 15.8 | 9.2 | 2.0 | +7.7% |
| OpenText | $25.10 | +0.04% | $6.09B | 5.6 | 6.4 | 0.7 | +1.6% |
| eGain | $7.40 | +0.14% | $203.1M | 5.4 | 22.0 | 2.2 | +7.1% |
| Median | 19.6 | 19.8 | 3.5 | +9.2% |








