Upland Software (UPLD) Debt to Equity (2013 - 2026)

Upland Software (UPLD) reported Debt to Equity of -$4.27 for Q1 2026, up 36.28% on a YoY basis from -$3.13 in Q1 2025, and up 8.13% quarter-over-quarter from -$4.64 in Q4 2025.

Upland Software (UPLD) Debt to Equity (2013 - 2026) Analysis & Trends

Upland Software has reported Debt to Equity for 14 years, with the latest figure at -$4.27 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 36.28% year-over-year to -$4.27; the trailing twelve-month figure through Mar 2026 stood at -$4.27 (up 36.28% YoY), and the FY2025 full-year result was -$4.64, up 70.37% from the prior year.
  • Debt to Equity for Q1 2026 stood at -$4.27, up from -$4.64 in the prior quarter.
  • The five-year high for Debt to Equity was $324.05 in Q3 2024, with the low at -$15.68 in Q4 2024.
  • Historically, Debt to Equity has averaged $23.4 across 5 years, with a median of $1.68 in 2022.
  • The largest YoY upside for Debt to Equity was 10104.01% in 2024 against a maximum downside of 518.15% in 2024.
  • Upland Software's Debt to Equity stood at $1.67 in 2022, then jumped by 123.87% to $3.75 in 2023, then plunged by 518.15% to -$15.68 in 2024, then soared by 70.37% to -$4.64 in 2025, then increased by 8.13% to -$4.27 in 2026.
  • The last three Debt to Equity figures came in at -$4.27 (Q1 2026), -$4.64 (Q4 2025), and -$4.85 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.13
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.00
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.42
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 1.15
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.44
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.63
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.16
10 Upland Software 17.73 Mn -12.68 Mn 36.76 Mn -4.27

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.27
Dec 31, 2025 -4.64
Sep 30, 2025 -4.85
Jun 30, 2025 -5.96
Mar 31, 2025 -6.70
Dec 31, 2024 -15.68
Sep 30, 2024 324.05
Jun 30, 2024 72.71
Mar 31, 2024 23.49
Dec 31, 2023 3.75
Sep 30, 2023 3.18
Jun 30, 2023 3.04
Mar 31, 2023 3.07
Dec 31, 2022 1.67
Sep 30, 2022 1.68
Jun 30, 2022 1.69
Mar 31, 2022 1.60
Dec 31, 2021 1.65
Sep 30, 2021 1.71
Jun 30, 2021 1.70