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

Upland Software's Cost of Revenue history runs 14 years deep, the most recent figure standing at $11.9 million for Q1 2026.

• Quarterly Cost of Revenue fell 33.88% year-over-year to $11.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $48.6 million (down 37.71% YoY) and the FY2025 annual result came in at $54.8 million, down 32.47% from the prior year.
• Cost of Revenue was $11.9 million for Q1 2026 at Upland Software, up from $11.6 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.
• A 5-year average of $20.5 million and a median of $21.0 million in 2024 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue rose 6.16% — and 2025, when it slumped 41.61%.
• Upland Software's 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 grew by 2.9% to $11.9 million in 2026.
• Business Quant data shows UPLD's Cost of Revenue at $11.9 million in Q1 2026, $11.6 million in Q4 2025, and $11.7 million in Q3 2025.