{"schema_version":"secwatch.filing_event.v1","accession":"0001505155-26-000034","form_type":"8-K","ticker":"UPLD","cik":"0001505155","company_name":"Upland Software, Inc.","filed_at":"2026-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.383599+00:00","generated_at":"2026-05-15T00:17:32.341470+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Upland Q1 revenue $48.7M (-24% YoY); net loss narrows to $0.09/share; guides FY revenue decline ~9%","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001505155-26-000034","json":"https://secwatch.observer/filing/0001505155-26-000034.json","markdown":"https://secwatch.observer/filing/0001505155-26-000034.md","text":"https://secwatch.observer/filing/0001505155-26-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1505155/000150515526000034/0001505155-26-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1505155/000150515526000034/upld-20260501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:17:32.341470+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6f0550e6209b8cabfcecd4c7e872c02d8e2362fa","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505155/000150515526000034/0001505155-26-000034-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Revenue","value":"$48.7 million"},{"label":"Net income","value":"GAAP net loss attributable to common stockholders was $2.7 million"},{"label":"EPS","value":"GAAP net loss per share attributable to common stockholders was $0.09 per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}