Upland Q1 revenue $48.7M (-24% YoY); net loss narrows to $0.09/share; guides FY revenue decline ~9%

Upland Software, Inc.

2026-Q1 EPS reported -$0.09 revenue$48,690,000

Total revenue $48.7M, down 24% YoY; subscription revenue $46.1M, down 23%, mainly from 2025 divestitures.
GAAP net loss attributable to common $2.7M ($0.09/share) vs $27.3M ($0.97) last year; Adjusted EBITDA $12.7M (26% margin).
Operating cash flow $5.6M; free cash flow $5.5M; cash on hand $29.8M.
Outlook: Q2 revenue $47.1-$50.1M; FY revenue $192.5-$201.5M (both down ~9% at midpoint); Adj. EBITDA margin ~27%.
New CEO Sean Nathaniel: 'solid Q1; beating guidance midpoints'; 107 new customers added in Q1.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

Upland Software, Inc. reported the quarter ended March 31, 2026 results: revenue $48.7 million, net income GAAP net loss attributable to common stockholders was $2.7 million, EPS GAAP net loss per share attributable to common stockholders was $0.09 per share. Guidance reaffirmed.

Period: the quarter ended March 31, 2026
Revenue: $48.7 million
Net income: GAAP net loss attributable to common stockholders was $2.7 million
EPS: GAAP net loss per share attributable to common stockholders was $0.09 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

and operating results for the first quarter 2026 and issued guidance for its second quarter and full year of 2026. First Quarter 2026 Financial Highlights • Total revenue was $48.7 million, a decrease of 24% from $63.7 million in the first quarter of 2025, primarily due to divestitures completed in 2025. • Subscription and support revenue was $46.1 million, a

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Source: SEC EDGAR

accession 0001505155-26-000034

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