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

Upland Software (UPLD) reported Operating Margin of 10.37% for Q1 2026, up 1202.0% on a YoY basis from 0.8% in Q1 2025, and down 28.67% quarter-over-quarter from 14.54% in Q4 2025.

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

Upland Software has reported Operating Margin for 14 years, with the latest figure at 10.37% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 1202.0% year-over-year to 10.37%; the trailing twelve-month figure through Mar 2026 stood at 5.22% (up 959.0% YoY), and the FY2025 full-year result was 2.04%, up 3927.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 10.37%, down from 14.54% in the prior quarter.
  • The five-year high for Operating Margin was 14.54% in Q4 2025, with the low at 178.35% in Q1 2023.
  • Historically, Operating Margin has averaged 22.92% across 5 years, with a median of 10.41% in 2023.
  • Annual changes were most pronounced in 2023 — Operating Margin tumbled 15958 bps — and 2025, when it soared 12790 bps.
  • Upland Software's Operating Margin stood at 17.78% in 2022, then increased by 27 bps to 13.0% in 2023, then surged by 78 bps to 2.9% in 2024, then surged by 602 bps to 14.54% in 2025, then fell by 29 bps to 10.37% in 2026.
  • The last three Operating Margin figures came in at 10.37% (Q1 2026), 14.54% (Q4 2025), and 10.58% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 14.56%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 12.05%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 21.08%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 29.26%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 13.34%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -22.99%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 33.82%
10 Upland Software 17.73 Mn -12.68 Mn 36.76 Mn 10.37%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.37%
Dec 31, 2025 14.54%
Sep 30, 2025 10.58%
Jun 30, 2025 -13.18%
Mar 31, 2025 -1.65%
Dec 31, 2024 -2.90%
Sep 30, 2024 -4.96%
Jun 30, 2024 -7.75%
Mar 31, 2024 -129.55%
Dec 31, 2023 -13.00%
Sep 30, 2023 -10.41%
Jun 30, 2023 -12.60%
Mar 31, 2023 -178.35%
Dec 31, 2022 -17.78%
Sep 30, 2022 -0.70%
Jun 30, 2022 -13.57%
Mar 31, 2022 -18.77%
Dec 31, 2021 -2.96%
Sep 30, 2021 -7.55%
Jun 30, 2021 -12.01%