---
schema_version: "secwatch.filing_event.v1"
accession: "0001505155-25-000054"
form_type: "8-K"
ticker: "UPLD"
cik: "0001505155"
company_name: "Upland Software, Inc."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-21T23:31:47.065360+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Upland Q1 revenue $63.7M (-10% YoY); net loss narrows; divests mobile messaging unit

## Summary
- Q1 revenue $63.7M (-10% YoY); GAAP net loss $25.8M vs $96.1M loss a year ago.
- Adjusted EBITDA $13.1M (21% margin) flat YoY; free cash flow $7.9M vs $4.9M.
- Sold mobile messaging product lines post-quarter, lowering FY revenue guidance by ~$25M; Adj EBITDA guidance unchanged.
- Q2 revenue guidance $50.3-$56.3M (down 23% YoY); Adj EBITDA $12.1-$15.1M (flat).
- FY 2025 Adj EBITDA guidance $55-$64M (up 7% midpoint); margin expected to expand to 27% vs 20% in 2024.

## SEC filing metadata
- accession: 0001505155-25-000054
- form_type: 8-K
- ticker: UPLD
- cik: 0001505155
- company_name: Upland Software, Inc.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1505155/000150515525000054/0001505155-25-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1505155/000150515525000054/upld-20250512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001505155-25-000054
- JSON: https://secwatch.observer/filing/0001505155-25-000054.json
- Plain text: https://secwatch.observer/filing/0001505155-25-000054.txt

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