Upland Software, Inc. (UPLD) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
UPLD's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
UPLD Revenue Analysis (2013–2024)
As of March 2, 2026, Upland Software, Inc. (UPLD) generated trailing twelve-month (TTM) revenue of $235.6 million, reflecting significant decline in growth of -24.2% year-over-year. The most recent quarter (Q3 2025) recorded $50.5 million in revenue, down 5.4% sequentially.
Looking at the longer-term picture, UPLD's 5-year compound annual growth rate (CAGR) stands at +4.3%, indicating moderate growth over time. 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 (2%).
When compared to Technology sector peers including NOW (+20.9% YoY), TEAM (+20.1% YoY), and MNDY (+26.7% YoY), UPLD has underperformed the peer group in terms of revenue growth. Compare UPLD vs NOW →
Peer Comparison
Compare UPLD's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| UPLDCurrent | $236M | -24.2% | +4.3% | -37.2% | |
| NOW | $13.3B | +20.9% | +24.1% | 13.7% | |
| TEAM | $5.2B | +20.1% | +26.4% | -2.5% | |
| MNDY | $1.2B | +26.7% | +50.2% | -0.1% | |
| ASAN | $724M | +9.5% | +38.4% | -36.8% | |
| CXAI | $7M | -42.9% | - | -192.4% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 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% |
| 2015 | $69.9M | +8.3% | $43.2M | 61.9% | $-10,223,000 | -14.6% |
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Start ComparisonFrequently Asked Questions
Is UPLD's revenue growth accelerating or slowing?
UPLD revenue declined -24.2% year-over-year, contrasting with the 5-year CAGR of +4.3%. TTM revenue fell to $236M. This reverses the prior growth trend.
What is UPLD's long-term revenue growth rate?
Upland Software, Inc.'s 5-year revenue CAGR of +4.3% reflects the variable expansion pattern. Current YoY growth of -24.2% 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 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.