Upland Software, Inc. 2026: Revenue $49.14M, EPS ($12.53) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Upland Software reported Q2 2026 revenue of $49.14M, down 7.9% YoY, with a net loss of ($36.84M) and diluted EPS of ($12.53). The decline was driven by divested product lines impacting subscription revenue. Management implemented cost reductions in sales, R&D, and G&A. The company recognized significant goodwill impairment and is focusing on core growth areas while reviewing Sunset Assets.
Upland Software, Inc. reported results for the 2026 quarter with revenue of $49.14M, a net loss of ($36.84M) and diluted loss per share of ($12.53), versus revenue of $53.38M, a net loss of ($14.48M) and diluted loss per share of ($5.08) in the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $49.14M | $53.38M | (7.9%) |
| Net income² | ($36.84M) | ($14.48M) | (154.4%) |
| Diluted EPS³ | ($12.53) | ($5.08) | (146.7%) |
¹ Reported as “Total revenue”. ² Reported as “Net loss attributable to common stockholders”. ³ Reported as “loss per common share, basic and diluted”.
Business Highlights
- Subscription and support revenue declined, with subscription and support down 9% quarter-over-quarter on a core basis and 17% year-to-date, driven primarily by divested product lines and Sunset Assets.
- Product and channel mix shifted toward core, higher-margin offerings after recent divestitures; perpetual license sales increased and partially offset subscription declines.
- Management implemented cost reductions across sales & marketing, R&D and G&A through lower headcount, ending outsourced R&D arrangements and reducing use of the India Center of Excellence.
- The company recognized a significant goodwill impairment and plans continued focus on core growth areas and periodic reviews of Sunset Assets.
Original SEC Filing: Upland Software, Inc. [ UPLD ] - 10-Q - Aug. 14, 2026