Upland Software (UPLD) Free Cash Flow (2013 - 2026)
Upland Software posted quarterly Free Cash Flow of $5.5 million for Q1 2026, down 29.93% year-on-year from $7.9 million in Q1 2025, and down 23.63% on a QoQ basis from $7.2 million in Q4 2025.
Upland Software (UPLD) has 14 years of Free Cash Flow data on file, last reported at $5.5 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 29.93% year-over-year to $5.5 million; the trailing twelve-month figure through Mar 2026 stood at $22.1 million (down 16.01% YoY), and the FY2025 full-year result was $24.4 million, up 4.67% from the prior year.
- Free Cash Flow for Q1 2026 stood at $5.5 million, down from $7.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $17.8 million in Q3 2023 and bottomed at $1.5 million in Q3 2022.
- The 5-year median for Free Cash Flow is $6.7 million (2023), against an average of $7.7 million.
- The widest annual swing landed in 2023, when Free Cash Flow jumped 1120.11%; it then sank 76.36% in 2024.
- A 5-year view of Free Cash Flow shows it stood at $5.7 million in 2022, then jumped by 51.12% to $8.6 million in 2023, then grew by 4.86% to $9.0 million in 2024, then dropped by 19.84% to $7.2 million in 2025, then fell by 23.63% to $5.5 million in 2026.
- The last three Free Cash Flow figures came in at $5.5 million (Q1 2026), $7.2 million (Q4 2025), and $6.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 4.11 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 5.32 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 476.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 1.57 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 306.96 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 2.92 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 2.19 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 5.24 Bn |
| 10 | Upland Software | 20.55 Mn | -9.86 Mn | 36.76 Mn | 5.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.52 Mn |
| Mar 31, 2026 | 5.52 Mn |
| Dec 31, 2025 | 7.23 Mn |
| Dec 31, 2025 | 7.23 Mn |
| Sep 30, 2025 | 6.68 Mn |
| Sep 30, 2025 | 6.68 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Mar 31, 2025 | 7.88 Mn |
| Mar 31, 2025 | 7.88 Mn |
| Dec 31, 2024 | 9.02 Mn |
| Dec 31, 2024 | 9.02 Mn |
| Sep 30, 2024 | 4.20 Mn |
| Sep 30, 2024 | 4.20 Mn |
| Jun 30, 2024 | 5.20 Mn |
| Jun 30, 2024 | 5.20 Mn |
| Mar 31, 2024 | 4.94 Mn |
| Mar 31, 2024 | 4.94 Mn |
| Dec 31, 2023 | 8.60 Mn |
| Dec 31, 2023 | 8.60 Mn |
| Sep 30, 2023 | 17.78 Mn |
| Sep 30, 2023 | 17.78 Mn |
| Jun 30, 2023 | 6.73 Mn |
| Jun 30, 2023 | 6.73 Mn |
| Mar 31, 2023 | 15.61 Mn |
| Mar 31, 2023 | 15.61 Mn |
| Dec 31, 2022 | 5.69 Mn |
| Dec 31, 2022 | 5.69 Mn |
| Sep 30, 2022 | 1.46 Mn |
| Sep 30, 2022 | 1.46 Mn |
| Jun 30, 2022 | 13.92 Mn |
| Jun 30, 2022 | 13.92 Mn |
| Mar 31, 2022 | 8.05 Mn |
| Mar 31, 2022 | 8.05 Mn |
| Dec 31, 2021 | 12.94 Mn |
| Dec 31, 2021 | 12.94 Mn |
| Sep 30, 2021 | 4.88 Mn |
| Sep 30, 2021 | 4.88 Mn |
| Jun 30, 2021 | 10.58 Mn |
| Jun 30, 2021 | 10.58 Mn |
| Mar 31, 2021 | 12.22 Mn |
| Mar 31, 2021 | 12.22 Mn |
| Dec 31, 2020 | 21.19 Mn |
| Dec 31, 2020 | 21.19 Mn |
| Sep 30, 2020 | 18.52 Mn |
| Sep 30, 2020 | 18.52 Mn |
| Jun 30, 2020 | 405,000.00 |
| Jun 30, 2020 | 405,000.00 |
| Mar 31, 2020 | -5.61 Mn |
| Mar 31, 2020 | -5.61 Mn |
| Dec 31, 2019 | 6.71 Mn |
| Dec 31, 2019 | 6.71 Mn |
| Sep 30, 2019 | -701,000.00 |
| Sep 30, 2019 | -701,000.00 |
| Jun 30, 2019 | 328,000.00 |
| Jun 30, 2019 | 328,000.00 |
| Mar 31, 2019 | 4.70 Mn |
| Mar 31, 2019 | 4.70 Mn |
| Dec 31, 2018 | 2.26 Mn |
| Dec 31, 2018 | 2.26 Mn |
| Sep 30, 2018 | 929,000.00 |
| Sep 30, 2018 | 929,000.00 |
| Jun 30, 2018 | 4.13 Mn |
| Jun 30, 2018 | 4.13 Mn |
| Mar 31, 2018 | -901,000.00 |
| Mar 31, 2018 | -901,000.00 |
| Dec 31, 2017 | 1.96 Mn |
| Dec 31, 2017 | 1.96 Mn |
| Sep 30, 2017 | -2,000.00 |
| Sep 30, 2017 | -2,000.00 |
| Jun 30, 2017 | 788,000.00 |
| Jun 30, 2017 | 788,000.00 |
| Mar 31, 2017 | 4.58 Mn |
| Mar 31, 2017 | 4.58 Mn |
| Dec 31, 2016 | 2.96 Mn |
| Dec 31, 2016 | 2.96 Mn |
| Sep 30, 2016 | 153,000.00 |
| Sep 30, 2016 | 153,000.00 |
| Jun 30, 2016 | 894,000.00 |
| Jun 30, 2016 | 894,000.00 |
| Mar 31, 2016 | -798,000.00 |
| Mar 31, 2016 | -798,000.00 |
| Dec 31, 2015 | -3.67 Mn |
| Dec 31, 2015 | -3.67 Mn |
| Sep 30, 2015 | 663,000.00 |
| Sep 30, 2015 | 663,000.00 |
| Jun 30, 2015 | 1.13 Mn |
| Jun 30, 2015 | 1.13 Mn |
| Mar 31, 2015 | -580,000.00 |
| Mar 31, 2015 | -580,000.00 |
| Dec 31, 2014 | 192,000.00 |
| Dec 31, 2014 | 192,000.00 |
| Sep 30, 2014 | 151,000.00 |
| Sep 30, 2014 | 151,000.00 |
| Jun 30, 2014 | -4.02 Mn |
| Jun 30, 2014 | -4.02 Mn |
| Mar 31, 2014 | 3.99 Mn |
| Mar 31, 2014 | 3.99 Mn |
| Dec 31, 2013 | -220,000.00 |
| Dec 31, 2013 | -220,000.00 |