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| Date | Value |
|---|---|
| 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% |