Upland Software, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $29.4M | $56.4M | $236.6M | $248.7M | $189.2M | $250.0M | $175.0M | $16.7M |
| Accounts Receivable | $25.6M | $38.6M | $38.8M | $47.6M | $50.5M | $44.5M | $50.9M | $40.8M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $75.3M | $118.4M | $300.2M | $321.3M | $263.0M | $317.5M | $238.9M | $67.3M |
| Property, Plant & Equipment | $1.8M | $1.5M | $1.9M | $1.8M | $2.7M | $2.8M | $3.9M | $2.8M |
| Goodwill | $259.6M | $261.0M | $353.8M | $477.0M | $457.5M | $383.6M | $346.1M | $225.3M |
| Intangible Assets (Excl. Goodwill) | $62.3M | $123.9M | $182.3M | $248.9M | $279.9M | $280.0M | $282.7M | $179.6M |
| Total Assets | $413.2M | $529.5M | $870.0M | $1.11B | $1.03B | $1.01B | $896.8M | $483.2M |
| Liabilities | ||||||||
| Accounts Payable | $2.1M | $9.4M | $8.1M | $14.9M | $20.4M | $5.4M | $5.9M | $3.5M |
| Total Current Liabilities | $93.8M | $120.4M | $130.6M | $151.2M | $156.4M | $121.4M | $129.4M | $107.6M |
| Long-Term Debt | $224.7M | $287.0M | $473.5M | $511.8M | $515.2M | $518.4M | $521.9M | $273.7M |
| Total Liabilities | $332.5M | $424.6M | $626.1M | $692.3M | $712.7M | $704.6M | $684.0M | $395.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-640.5M | $-601.6M | $-488.9M | $-309.0M | $-240.6M | $-182.4M | $-131.0M | $-85.7M |
| Total Stockholders' Equity | $-48.4M | $-18.3M | $126.3M | $308.9M | $316.3M | $306.6M | $212.9M | $87.3M |