Upland Software (UPLD) Net Margin (2013 - 2026)
Upland Software (UPLD) recorded Net Margin of -74.97% in Q2 2026, down 47.84 percentage points from -27.13% a year earlier and down 69.35 percentage points from the prior quarter.
Upland Software (UPLD) Net Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Upland Software's Net Margin came in at -21.53% as of Jun 30, 2026, down 1.76 percentage points year-over-year; for FY2025, it came in at -20.63%, up 22.42 percentage points from FY2024.
- Annual Net Margin has a five-year change of -3.08 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -43.06% in FY2024 (+19.13 pp), -62.19% in FY2023 (-40.04 pp), -22.14% in FY2022 (-2.87 pp) and -19.27% in FY2021 (-1.72 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin since Q1 2024.
- On a year-over-year basis, Net Margin rose in five of the last eight quarters, with an average year-over-year change of +13.43 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 94.98 percentage points in Q1 2025, against a drop of 154.45 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -5.61% (Q1 2026), -0.79% (Q4 2025) and -5.13% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 27.03% |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 7.87% |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 71.19% |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 24.05% |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 120.77% |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | -30.30% |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 15.17% |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 8.38% |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 5.95% |
| 10 | Upland Software | 9.73 Mn | -103.25 Mn | 37.47 Mn | -74.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -74.97% |
| Mar 31, 2026 | -5.61% |
| Dec 31, 2025 | -0.79% |
| Sep 30, 2025 | -5.13% |
| Jun 30, 2025 | -27.13% |
| Mar 31, 2025 | -42.87% |
| Dec 31, 2024 | -7.13% |
| Sep 30, 2024 | -4.71% |
| Jun 30, 2024 | -18.50% |
| Mar 31, 2024 | -137.84% |
| Dec 31, 2023 | -24.07% |
| Sep 30, 2023 | -13.51% |
| Jun 30, 2023 | -22.12% |
| Mar 31, 2023 | -183.45% |
| Dec 31, 2022 | -30.42% |
| Sep 30, 2022 | -8.87% |
| Jun 30, 2022 | -20.43% |
| Mar 31, 2022 | -29.00% |
| Dec 31, 2021 | -9.87% |
| Sep 30, 2021 | -14.48% |
Upland Software Net 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=net-margin&ticker=UPLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=UPLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();