Upland Software, Inc. (UPLD) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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UPLD Revenue Growth
Revenue Breakdown (FY 2025)
UPLD's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
UPLD Revenue Analysis (2014–2025)
As of May 8, 2026, Upland Software, Inc. (UPLD) generated trailing twelve-month (TTM) revenue of $201.9 million, reflecting significant decline in growth of -23.5% year-over-year. The most recent quarter (Q1 2026) recorded $48.7 million in revenue, down 1.3% sequentially.
Looking at the longer-term picture, UPLD's 5-year compound annual growth rate (CAGR) stands at -5.8%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $317.3 million in 2022.
Revenue diversification analysis shows UPLD's business is primarily driven by Product (49%), Subscription And Support (48%), and Professional Services And Other (2%).
When compared to Technology sector peers including ALKT (+32.7% YoY), HUBS (+21.0% YoY), and MANH (+4.8% YoY), UPLD has underperformed the peer group in terms of revenue growth. Compare UPLD vs ALKT →
UPLD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| UPLDCurrent | $202M | -23.5% | -5.8% | 7.7% | |
 ALKT | $444M | +32.7% | +31.7% | -12.1% | |
 HUBS | $3.1B | +21.0% | +28.8% | 0.4% | |
 MANH | $1.1B | +4.8% | +13.0% | 26.1% | |
 PCTY | $1.6B | +14.7% | +23.2% | 19.1% | |
 JAMF | $627M | +12.3% | +25.2% | -11.0% |
UPLD Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $216.9M | -21.1% | $135.3M | 62.4% | $16.6M | 7.7% |
| 2024 | $274.8M | -7.7% | $193.7M | 70.5% | $-102,295,000 | -37.2% |
| 2023 | $297.9M | -6.1% | $201.5M | 67.6% | $-163,919,000 | -55.0% |
| 2022 | $317.3M | +5.1% | $213.6M | 67.3% | $-40,228,000 | -12.7% |
| 2021 | $302.0M | +3.5% | $202.6M | 67.1% | $-34,677,000 | -11.5% |
| 2020 | $291.8M | +31.1% | $193.3M | 66.3% | $-23,813,000 | -8.2% |
| 2019 | $222.6M | +48.5% | $153.5M | 69.0% | $-24,306,000 | -10.9% |
| 2018 | $149.9M | +53.0% | $101.3M | 67.6% | $-4,704,000 | -3.1% |
| 2017 | $98.0M | +31.0% | $64.3M | 65.6% | $-11,136,000 | -11.4% |
| 2016 | $74.8M | +6.9% | $47.2M | 63.1% | $-8,524,000 | -11.4% |
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Start ComparisonUPLD — Frequently Asked Questions
Quick answers to the most common questions about buying UPLD stock.
Is UPLD's revenue growth accelerating or slowing?
UPLD revenue declined -23.5% year-over-year, contrasting with the 5-year CAGR of -5.8%. TTM revenue fell to $202M. This reverses the prior growth trend.
What is UPLD's long-term revenue growth rate?
Upland Software, Inc.'s 5-year revenue CAGR of -5.8% reflects the variable expansion pattern. Current YoY growth of -23.5% is below this long-term average.
How is UPLD's revenue distributed by segment?
UPLD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.