Upland Software (UPLD) Gross Margin (2013 - 2026)
Upland Software (UPLD) reported Gross Margin of 76.25% for Q2 2026, up 1.42 percentage points from 74.83% a year earlier and up 0.76 percentage points from the prior quarter.
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Upland Software (UPLD) Gross Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Upland Software's Gross Margin came in at 76.28%, up 4.51 percentage points year-over-year; for FY2025, it came in at 74.75%, up 4.26 percentage points from FY2024.
- Gross Margin has increased for five consecutive years, with a five-year change of +8.49 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 70.49% in FY2024 (+2.84 pp), 67.65% in FY2023 (+0.34 pp), 67.31% in FY2022 (+0.24 pp) and 67.07% in FY2021 (+0.81 pp).
- Five-year quarterly Gross Margin spans a low of 66.11% in Q4 2022 and a high of 76.89% in Q3 2025.
- Year over year, Gross Margin has now increased in each of the last 13 quarters, with an average year-over-year change of +3.52 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q3 2025 (a gain of 6.44 percentage points); the low point was Q1 2023 (a drop of 1.69 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 75.49% (Q1 2026), 76.48% (Q4 2025) and 76.89% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 93.82 Bn | 69.07 Bn | 6.00 Bn | 88.71% |
| 2 | Atlassian | 46.64 Bn | 39.92 Bn | 1.53 Bn | 86.50% |
| 3 | Twilio | 44.91 Bn | 34.90 Bn | 725.87 Mn | 48.42% |
| 4 | Autodesk | 43.68 Bn | 31.72 Bn | 1.87 Bn | 91.40% |
| 5 | Zoom Communications | 26.53 Bn | -4.25 Bn | 985.50 Mn | 77.16% |
| 6 | Figma | 11.16 Bn | 4.66 Bn | 309.61 Mn | 83.66% |
| 7 | Dropbox | 7.44 Bn | 3.07 Bn | 506.50 Mn | 80.21% |
| 8 | Nice | 6.72 Bn | 5.19 Bn | 995.81 Mn | 64.21% |
| 9 | RingCentral | 6.26 Bn | 5.75 Bn | 472.31 Mn | 71.89% |
| 10 | Upland Software | 10.23 Mn | -102.75 Mn | 37.47 Mn | 76.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.25% |
| Mar 31, 2026 | 75.49% |
| Dec 31, 2025 | 76.48% |
| Sep 30, 2025 | 76.89% |
| Jun 30, 2025 | 74.83% |
| Mar 31, 2025 | 71.65% |
| Dec 31, 2024 | 70.80% |
| Sep 30, 2024 | 70.45% |
| Jun 30, 2024 | 70.47% |
| Mar 31, 2024 | 70.24% |
| Dec 31, 2023 | 67.15% |
| Sep 30, 2023 | 69.05% |
| Jun 30, 2023 | 67.55% |
| Mar 31, 2023 | 66.86% |
| Dec 31, 2022 | 66.11% |
| Sep 30, 2022 | 67.66% |
| Jun 30, 2022 | 66.90% |
| Mar 31, 2022 | 68.55% |
| Dec 31, 2021 | 66.73% |
| Sep 30, 2021 | 67.37% |
API Access
Upland Software Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=UPLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "UPLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=UPLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();