Upland Software (UPLD) Gross Margin (2013 - 2026)
Upland Software's (UPLD) quarterly Gross Margin came in at 75.49% in Q1 2026, up 384.0% YoY from 15.6% in Q1 2025, and down 1.3% on a QoQ basis from 76.48% in Q4 2025.
Upland Software (UPLD) Gross Margin (2013 - 2026) Analysis & Trends
Upland Software (UPLD) has 14 years of Gross Margin data on file, last reported at 75.49% in Q1 2026.
- Quarterly Gross Margin rose 384.0% year-over-year to 75.49% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 75.91% (up 508.0% YoY) and the FY2025 annual result came in at 74.75%, up 426.0% from the prior year.
- Gross Margin eased to 75.49% in Q1 2026, from 76.48% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 76.89% in Q3 2025 to a low of 66.11% in Q4 2022.
- A 5-year average of 70.42% and a median of 70.24% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 169 bps — and 2025, when it soared 644 bps.
- Tracing UPLD's Gross Margin over 5 years: stood at 66.11% in 2022, then increased by 2 bps to 67.15% in 2023, then gained by 5 bps to 70.8% in 2024, then gained by 8 bps to 76.48% in 2025, then dropped by 1 bps to 75.49% in 2026.
- The last three Gross Margin figures came in at 75.49% (Q1 2026), 76.48% (Q4 2025), and 76.89% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Upland Software | 15.82 Mn | -15.85 Mn | 37.47 Mn | 76.25% |
Historic Data
Download 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% |