Upland Software UPLD
NASDAQ UPLD
$3.71 -0.29 (-7.25%)
At close: Sep 4, 2026 · 4:00 PM EDT

Upland Software (UPLD) Gross Margin (2013 - 2026)

Upland Software's (UPLD) quarterly Gross Margin came in at 76.25% in Q2 2026, up 142.0% on a YoY basis from 31.51% in Q2 2025, and up 1.01% quarter-over-quarter from 75.49% in Q1 2026.

Analysis

Upland Software (UPLD) Gross Margin (2013 - 2026) Analysis & Trends

Upland Software (UPLD) has reported Gross Margin for 14 consecutive years, with 76.25% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 142.0% year-over-year to 76.25%; the trailing twelve-month figure through Jun 2026 stood at 76.28% (up 451.0% YoY), and the FY2025 full-year result was 74.75%, up 426.0% from the prior year.
  • Gross Margin advanced to 76.25% in Q2 2026 per UPLD's latest filing, from 75.49% in the prior quarter.
  • Across five years, Gross Margin topped out at 76.89% in Q3 2025 and bottomed at 66.11% in Q4 2022.
  • Historically, Gross Margin has averaged 70.74% across 5 years, with a median of 70.35% in 2024.
  • The sharpest annual moves came in 2023 and 2025: Gross Margin plunged 169 bps in 2023, then jumped 644 bps in 2025.
  • Over 5 years, Gross Margin stood at 66.11% in 2022, then gained by 2 bps to 67.15% in 2023, then climbed by 5 bps to 70.8% in 2024, then climbed by 8 bps to 76.48% in 2025, then retreated by 0 bps to 76.25% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 76.25%, 75.49%, and 76.48% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Atlassian 49.32 Bn 48.08 Bn 1.53 Bn 86.50%
2 Dropbox 7.65 Bn 6.54 Bn 506.50 Mn 80.21%
3 Open Text 5.80 Bn 4.84 Bn 1.01 Bn 74.98%
4 Box 4.83 Bn 4.38 Bn 253.97 Mn 79.08%
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn 85.99%
6 Cheetah Mobile 99.06 Mn -64.30 Mn 24.15 Mn 64.31%
7 Upland Software 10.97 Mn -20.70 Mn 37.47 Mn 76.25%
Historic Data

Historic Data

Download Data
DateValue
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%