Upland Software (UPLD) Operating Expenses (2013 - 2026)

Upland Software (UPLD) has 14 years of Operating Expenses data on file, last reported at $31.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 32.05% year-over-year to $31.7 million; the trailing twelve-month figure through Mar 2026 stood at $142.7 million (down 29.1% YoY), and the FY2025 full-year result was $157.7 million, down 46.73% from the prior year.
• Operating Expenses for Q1 2026 stood at $31.7 million, up from $30.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $189.0 million in Q1 2023 and bottomed at $30.5 million in Q4 2025.
• The 5-year median for Operating Expenses is $54.4 million (2022), against an average of $65.0 million.
• The widest annual swing landed in 2023, when Operating Expenses jumped 174.89%; it then tumbled 66.99% in 2025.
• A 5-year view of Operating Expenses shows it stood at $66.1 million in 2022, then slipped by 12.5% to $57.9 million in 2023, then dropped by 13.34% to $50.1 million in 2024, then plunged by 39.07% to $30.5 million in 2025, then gained by 3.8% to $31.7 million in 2026.
• The last three Operating Expenses figures came in at $31.7 million (Q1 2026), $30.5 million (Q4 2025), and $33.5 million (Q3 2025), per Business Quant data.

Peer Comparison