Upland Q2 2026 revenue $49.1M (-8% YoY), net loss $35.3M on goodwill impairment

Upland Software, Inc.

Total revenue $49.1M, down 8% YoY; subscription revenue $46.2M, down 9% due to 2025 divestitures.
GAAP net loss $35.3M vs $13.0M loss, driven by non-cash goodwill impairment in June 2026.
Non-GAAP net income $6.6M, up 18% YoY; Adjusted EBITDA $12.8M (26% margin) vs $13.6M (25%).
Added 81 new customers, 7 major; expanded 200 existing, 19 major expansions.
Q3 2026 guidance: revenue $45.7-48.7M, Adj EBITDA $11.9-13.4M; FY26 revenue $190.1-196.1M, Adj EBITDA $49.8-52.8M.

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