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

Upland Software's Operating Expenses history runs 14 years deep, the most recent figure standing at $31.7 million for Q1 2026.

• Quarterly Operating Expenses fell 32.05% year-over-year to $31.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $142.7 million (down 29.1% YoY) and the FY2025 annual result came in at $157.7 million, down 46.73% from the prior year.
• Operating Expenses was $31.7 million for Q1 2026 at Upland Software, 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.
• A 5-year average of $65.0 million and a median of $54.4 million in 2022 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses jumped 174.89% — and 2025, when it plunged 66.99%.
• Upland Software's Operating Expenses stood at $66.1 million in 2022, then dropped by 12.5% to $57.9 million in 2023, then declined by 13.34% to $50.1 million in 2024, then tumbled by 39.07% to $30.5 million in 2025, then advanced by 3.8% to $31.7 million in 2026.
• Business Quant data shows UPLD's Operating Expenses at $31.7 million in Q1 2026, $30.5 million in Q4 2025, and $33.5 million in Q3 2025.