Upland Software (UPLD) Operating Margin (2013 - 2026)
Upland Software's (UPLD) quarterly Operating Margin came in at 60.43% in Q2 2026, down 4725.0% on a YoY basis from 1.31% in Q2 2025, and down 682.72% quarter-over-quarter from 10.37% in Q1 2026.
Analysis
Upland Software (UPLD) Operating Margin (2013 - 2026) Analysis & Trends
Upland Software (UPLD) has reported Operating Margin for 14 consecutive years, with 60.43% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 4725.0% year-over-year to 60.43%; the trailing twelve-month figure through Jun 2026 stood at 6.14% (down 82.0% YoY), and the FY2025 full-year result was 2.04%, up 3927.0% from the prior year.
- Operating Margin declined to 60.43% in Q2 2026 per UPLD's latest filing, from 10.37% in the prior quarter.
- Across five years, Operating Margin topped out at 14.54% in Q4 2025 and bottomed at 178.35% in Q1 2023.
- Historically, Operating Margin has averaged 25.01% across 5 years, with a median of 11.51% in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Margin plunged 15958 bps in 2023, then jumped 12790 bps in 2025.
- Over 5 years, Operating Margin stood at 17.78% in 2022, then gained by 27 bps to 13.0% in 2023, then jumped by 78 bps to 2.9% in 2024, then jumped by 602 bps to 14.54% in 2025, then sank by 516 bps to 60.43% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 60.43%, 10.37%, and 14.54% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 11.93% |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 26.10% |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 23.70% |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 10.16% |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | -19.05% |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | -10.92% |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | -60.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -60.43% |
| 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% |