UPLAND SOFTWARE, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $216.9M | $274.8M | $297.9M | $317.3M | $302.0M | $291.8M | $222.6M |
| Cost of Revenue | — | $54.8M | $81.1M | $96.4M | $103.7M | $99.5M | $98.4M | $69.1M |
| Gross Profit | — | $162.1M | $193.7M | $201.5M | $213.6M | $202.6M | $193.3M | $153.5M |
| Gross Margin | — | 74.8% | 70.5% | 67.6% | 67.3% | 67.1% | 66.3% | 69.0% |
| Operating Expenses | ||||||||
| Research & Development | — | $36.5M | $47.4M | $49.4M | $46.2M | $42.7M | $39.0M | $29.0M |
| SG&A Expense | — | $38.0M | $49.5M | $61.3M | $70.5M | $76.9M | $68.1M | $48.1M |
| Operating Income | — | $4.4M | $-102.3M | $-163.9M | $-40.2M | $-34.7M | $-23.8M | $-24.3M |
| Operating Margin | — | 2.0% | -37.2% | -55.0% | -12.7% | -11.5% | -8.2% | -10.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $-38.7M | $-110.1M | $-182.4M | $-70.2M | $-66.6M | $-55.5M | $-52.2M |
| Income Tax Expense | — | $232.0K | $2.6M | $-2.5M | $-1.7M | $-8.3M | $-4.2M | $-6.8M |
| Net Income | — | $-38.9M | $-112.7M | $-179.9M | $-68.4M | $-58.2M | $-51.2M | $-45.4M |
| Net Margin | — | -17.9% | -41.0% | -60.4% | -21.6% | -19.3% | -17.6% | -20.4% |
| EPS (Basic) | — | $-1.56 | $-4.26 | $-5.77 | $-2.23 | $-1.92 | $-1.92 | $-1.96 |
| EPS (Diluted) | — | $-1.56 | $-4.26 | $-5.77 | $-2.23 | $-1.92 | $-1.92 | $-1.96 |
| Shares Outstanding (Basic) | 29.1M | 28.6M | 27.8M | 32.1M | 31.5M | 30.3M | 26.6M | 23.1M |
| Shares Outstanding (Diluted) | 29.1M | 28.6M | 27.8M | 32.1M | 31.5M | 30.3M | 26.6M | 23.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |