---
schema_version: "secwatch.filing_event.v1"
accession: "0001505155-25-000021"
form_type: "8-K"
ticker: "UPLD"
cik: "0001505155"
company_name: "Upland Software, Inc."
filed_at: "2025-03-12T23:59:59+00:00"
generated_at: "2026-05-24T22:18:09.814663+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Upland Q4 revenue $68M (-6% YoY), net loss narrows; guides 2025 revenue down 11%

## Summary
- Revenue $68.0M (-6% YoY); subscription revenue $64.3M (-6%). GAAP net loss $3.4M vs $16.0M loss in Q4 2023.
- Adjusted EBITDA $14.9M (22% margin), up from $14.1M (19% margin) in prior year.
- Cash on hand $56.4M after $188M debt paydown in 2024; additional $32.9M paydown post-quarter.
- Full year 2025 revenue guidance $231.5-255.5M (-11% YoY midpoint); Adj. EBITDA margin 24% midpoint.
- Divested two non-strategic product lines after year-end; reduces 2025 revenue guide by ~$18M with no Adj. EBITDA impact.

## SEC filing metadata
- accession: 0001505155-25-000021
- form_type: 8-K
- ticker: UPLD
- cik: 0001505155
- company_name: Upland Software, Inc.
- filed_at: 2025-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1505155/000150515525000021/0001505155-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1505155/000150515525000021/upld-20250312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001505155-25-000021
- JSON: https://secwatch.observer/filing/0001505155-25-000021.json
- Plain text: https://secwatch.observer/filing/0001505155-25-000021.txt

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