---
schema_version: "secwatch.filing_event.v1"
accession: "0001505155-22-000054"
form_type: "8-K"
ticker: "UPLD"
cik: "0001505155"
company_name: "Upland Software, Inc."
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T05:06:53.680071+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Upland Software reports Q2 revenue $80.2M, beats guidance; announces $115M HGGC investment

## Summary
- Total revenue $80.2M (+5% YoY); subscription & support $75.0M (+4% YoY); GAAP net loss $16.4M ($0.52/share loss).
- Adjusted EBITDA $24.5M (31% margin); free cash flow $13.9M, up from $10.6M in Q2 2021.
- After quarter close, announced $115M strategic equity investment from HGGC at $17.50/share convertible preferred with 4.5% dividend.
- Q3 2022 guidance: revenue $75.7-81.7M, Adj. EBITDA $23.2-26.2M; FY22 revenue $310.5-322.5M, Adj. EBITDA $94.5-100.5M.

## SEC filing metadata
- accession: 0001505155-22-000054
- form_type: 8-K
- ticker: UPLD
- cik: 0001505155
- company_name: Upland Software, Inc.
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1505155/000150515522000054/0001505155-22-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1505155/000150515522000054/upld-20220803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001505155-22-000054
- JSON: https://secwatch.observer/filing/0001505155-22-000054.json
- Plain text: https://secwatch.observer/filing/0001505155-22-000054.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.