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Companies / Technology / Upland Software, Inc.
UPLD

Upland Software, Inc.

TechnologyPrepackaged Software
Ticker UPLDAUSTIN, TXFiscal year ends DecemberBook value per share $-30.66Diluted shares 2.9M

Upland Software, Inc. (Nasdaq: UPLD) is a leader in AI-powered knowledge and content management software serving enterprise customers globally. The company's website is www.uplandsoftware.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$216.88M
−21.1% year over year
Last 12 mo $197.67M
2.04%
+39.3 percentage points
Last 12 mo -6.14%
$-38.90M
+65.5% year over year
Last 12 mo $-36.57M
76.25%
−71.8 percentage points
Last 12 mo 40.75%
Cash & financing
$25.80M
+6.4% year over year
Last 12 mo $25.18M
$24.45M
+4.7% year over year
Last 12 mo $24.72M
-4.80
Was -15.85× a year earlier
Last 12 mo -2.49
28.6M
+3.0% year over year
Last 12 mo 2.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Upland Software, Inc. does

In the company’s own words

Upland Software, Inc. (Nasdaq: UPLD) is a leader in AI-powered knowledge and content management software serving enterprise customers globally. The company's website is www.uplandsoftware.com.

Upland provides a diversified family of cloud-based applications addressing two primary business functions: Knowledge Management and Content Lifecycle and Workflow Automation. The Knowledge Management solutions help organizations capture, organize, and distribute information to employees and customers through features including AI-driven search, content recommendations, and workflow integrations. The Content Lifecycle and Workflow Automation solutions support document management, compliance, and process efficiency, offering tools for content capture, storage, retrieval, and automated processing, along with secure digital faxing capabilities. The portfolio also includes solutions for project and portfolio management, customer reference management, and IT spending management.

The company operates through a direct sales organization comprised of inside and field sales personnel, supplemented by indirect sales channels through strategic partner alliances. Upland employs a land-and-expand go-to-market strategy, initially demonstrating value with a single application before cross-selling additional products to address broader customer needs. As of December 31, 2025, the company had 760 full-time employees located primarily in the United States, Canada, India, the United Kingdom, and Australia. The customer base exceeds 1,100 enterprise accounts spanning diverse industries including financial services, technology, manufacturing, healthcare, government, and telecommunications, with no single customer representing more than ten percent of revenue.

Approximately 88 percent of recurring revenue derives from major accounts, defined as customers with contracted annual recurring revenue of $25,000 or more. International operations generated approximately 28 percent of total revenue for the year ended December 31, 2025. The company's operating model emphasizes a high-touch customer success program, quality-focused research and development, customer-driven innovation, expert professional services, global support infrastructure, and an enterprise cloud platform utilizing third-party hosting providers. The recurring subscription revenue model provides visibility and predictability while enabling scalability with limited incremental costs.

Company details
Sector
Technology
Industry
Prepackaged Software
Headquarters
AUSTIN, TX
Fiscal year end
December
CIK
1505155
SIC
7372

Financial performance, year by year

Fiscal 2014–2025 · USD
$-229.59M$-80.44M$68.71M$217.87M$367.02M201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Upland Software, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

10
funds hold it
0 of 35
superinvestors hold it
$0.79M
held by funds, at market
5.7%
of shares held by funds

Largest fund holders · Upland Software, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Clearwater Select Equity Fund
QWVOX · Clearwater Investment Trust
0.02%of fund net assets
0.02%of fund net assets
U.S. Small Cap Equity Fund
RIFBX · RUSSELL INVESTMENT FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Upland Software, Inc. and its peers compare on margins and cash generation over ten years?”
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