UPLAND SOFTWARE, INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-35.3M | $-1.2M | $1.1M | $-1.1M | $-13.0M | $-25.8M | $-3.4M | $-1.7M |
| Depreciation & Amortization | $5.6M | $6.6M | $9.3M | $6.4M | $6.9M | $9.7M | $18.3M | $11.5M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $6.2M | $6.4M | $6.6M | $7.3M | $7.9M | $9.4M | $13.3M | $13.5M |
| Stock-Based Compensation | $830.0K | $961.0K | $1.0M | $2.3M | $3.1M | $2.7M | $3.2M | $3.4M |
| Net Cash from Operating Activities | $5.4M | $5.6M | $7.3M | $6.9M | $3.3M | $8.3M | $9.3M | $4.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $87.0K | $81.0K | $87.0K | $207.0K | $634.0K | $424.0K | $320.0K | $105.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $97.0K | $96.0K | $835.0K | $-40.0K | $4.2M | $3.8M | $-320.0K | $-105.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-4.2M | $-5.1M | $-1.9M | $-25.3M | $-1.5M | $-34.7M | $-9.5M | $-178.5M |
| Net Change in Cash | $1.3M | $383.0K | $6.6M | $-18.3M | $7.3M | $-22.7M | $-2.7M | $-172.6M |
| Free Cash Flow | $5.3M | $5.5M | $7.2M | $6.7M | $2.7M | $7.9M | $9.0M | $4.2M |