Upland Software (UPLD) Cost of Revenue (2013 - 2026)

Upland Software (UPLD) has 14 years of Cost of Revenue data on file, last reported at $11.9 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 13.25% year-over-year to $11.9 million; the trailing twelve-month figure through Mar 2026 stood at $42.3 million (down 23.56% YoY), and the FY2025 full-year result was $44.1 million, down 33.47% from the prior year.
• Cost of Revenue for Q1 2026 stood at $11.9 million, up from $9.9 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $26.6 million in Q2 2022 and bottomed at $5.1 million in Q4 2024.
• The 5-year median for Cost of Revenue is $14.4 million (2022), against an average of $15.5 million.
• The widest annual swing landed in 2024, when Cost of Revenue sank 70.91%; it then jumped 94.74% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $14.1 million in 2022, then increased by 23.4% to $17.4 million in 2023, then tumbled by 70.91% to $5.1 million in 2024, then jumped by 94.74% to $9.9 million in 2025, then advanced by 20.8% to $11.9 million in 2026.
• The last three Cost of Revenue figures came in at $11.9 million (Q1 2026), $9.9 million (Q4 2025), and $9.7 million (Q3 2025), per Business Quant data.

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