Upland Software UPLD
NASDAQ UPLD
$3.71 -0.29 (-7.25%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Upland Software's (UPLD) quarterly Cost of Revenue came in at $11.7 million in Q2 2026, down 13.14% on a YoY basis from $13.4 million in Q2 2025, and down 2.21% quarter-over-quarter from $11.9 million in Q1 2026.

Analysis

Upland Software (UPLD) Cost of Revenue (2013 - 2026) Analysis & Trends

Upland Software (UPLD) has reported Cost of Revenue for 14 consecutive years, with $11.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue fell 13.14% year-over-year to $11.7 million; the trailing twelve-month figure through Jun 2026 stood at $46.9 million (down 34.02% YoY), and the FY2025 full-year result was $54.8 million, down 32.47% from the prior year.
  • Cost of Revenue declined to $11.7 million in Q2 2026 per UPLD's latest filing, from $11.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $26.7 million in Q4 2022 and bottomed at $11.6 million in Q4 2025.
  • Historically, Cost of Revenue has averaged $20.0 million across 5 years, with a median of $20.8 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue grew 6.16% in 2022, then plunged 41.61% in 2025.
  • Over 5 years, Cost of Revenue stood at $26.7 million in 2022, then dropped by 11.23% to $23.7 million in 2023, then retreated by 16.22% to $19.9 million in 2024, then slumped by 41.61% to $11.6 million in 2025, then increased by 0.62% to $11.7 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $11.7 million, $11.9 million, and $11.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Atlassian 49.32 Bn 48.08 Bn 1.53 Bn 238.45 Mn
2 Dropbox 7.65 Bn 6.54 Bn 506.50 Mn 125.00 Mn
3 Open Text 5.80 Bn 4.84 Bn 1.01 Bn 337.55 Mn
4 Box 4.83 Bn 4.38 Bn 253.97 Mn 67.18 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn 30.33 Mn
6 Cheetah Mobile 99.06 Mn -64.30 Mn 24.15 Mn 13.40 Mn
7 Upland Software 10.97 Mn -20.70 Mn 37.47 Mn 11.67 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.67 Mn
Mar 31, 2026 11.93 Mn
Dec 31, 2025 11.60 Mn
Sep 30, 2025 11.68 Mn
Jun 30, 2025 13.44 Mn
Mar 31, 2025 18.05 Mn
Dec 31, 2024 19.86 Mn
Sep 30, 2024 19.71 Mn
Jun 30, 2024 20.47 Mn
Mar 31, 2024 21.05 Mn
Dec 31, 2023 23.71 Mn
Sep 30, 2023 22.94 Mn
Jun 30, 2023 24.18 Mn
Mar 31, 2023 25.54 Mn
Dec 31, 2022 26.71 Mn
Sep 30, 2022 25.73 Mn
Jun 30, 2022 26.55 Mn
Mar 31, 2022 24.76 Mn
Dec 31, 2021 25.20 Mn
Sep 30, 2021 24.82 Mn