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

Upland Software has reported Cost of Revenue for 14 years, with the latest figure 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.
• The five-year high for Cost of Revenue was $26.6 million in Q2 2022, with the low at $5.1 million in Q4 2024.
• Historically, Cost of Revenue has averaged $15.5 million across 5 years, with a median of $14.4 million in 2022.
• Annual changes were most pronounced in 2024 — Cost of Revenue tumbled 70.91% — and 2025, when it jumped 94.74%.
• Upland Software's Cost of Revenue stood at $14.1 million in 2022, then grew by 23.4% to $17.4 million in 2023, then plunged by 70.91% to $5.1 million in 2024, then soared by 94.74% to $9.9 million in 2025, then gained 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.