---
schema_version: "secwatch.filing_event.v1"
accession: "0001505155-22-000090"
form_type: "8-K"
ticker: "UPLD"
cik: "0001505155"
company_name: "Upland Software, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:52:14.738307+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Upland Q3 revenue $79.5M (+5% YoY), beats guidance; closes $115M HGGC investment

## Summary
- Total revenue $79.5M, up 5% YoY (3% FX headwind); subscription & support revenue $75.1M (+4% YoY).
- GAAP net loss $6.5M, improved from $11.0M loss in Q3 2021; EPS loss $0.22 vs $0.36 loss.
- Adjusted EBITDA $24.9M (31% margin) vs $25.0M (33% margin) a year ago; free cash flow $1.5M.
- Closed $115M strategic equity investment from HGGC in convertible preferred at $17.50/share.
- Q4 2022 total revenue guided to $74.1-$80.1M; FY22 revenue $312.6-$318.6M with FX headwinds.

## SEC filing metadata
- accession: 0001505155-22-000090
- form_type: 8-K
- ticker: UPLD
- cik: 0001505155
- company_name: Upland Software, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1505155/000150515522000090/0001505155-22-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1505155/000150515522000090/upld-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001505155-22-000090
- JSON: https://secwatch.observer/filing/0001505155-22-000090.json
- Plain text: https://secwatch.observer/filing/0001505155-22-000090.txt

## Key facts
- Earnings Releases
  Upland Software, Inc. reported the third quarter 2022 results: revenue $79.5 million, net income GAAP net loss was $6.5 million, EPS GAAP net loss per share attributable to common stockholders was $0.22 per share. Guidance reaffirmed.
  - Period: the third quarter 2022
  - Revenue: $79.5 million
  - Net income: GAAP net loss was $6.5 million
  - EPS: GAAP net loss per share attributable to common stockholders was $0.22 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: and operating results for the third quarter 2022 and issued guidance for its fourth quarter and full year of 2022. Third Quarter 2022 Financial Highlights • Total revenue was $79.5 million, an increase of 5% from $76.1 million in the third quarter of 2021. Total revenue growth includes a negative impact of 3% from changes in foreign currency exchange rates ("FX").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1505155/000150515522000090/0001505155-22-000090-index.htm

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