Upland Software (UPLD) Research & Development (2013 - 2026)
Upland Software (UPLD) reported Research & Development of $8.0 million for Q1 2026, down 30.31% on a YoY basis from $11.5 million in Q1 2025, and up 9.95% quarter-over-quarter from $7.3 million in Q4 2025.
Upland Software (UPLD) Research & Development (2013 - 2026) Analysis & Trends
Upland Software has reported Research & Development for 14 years, with the latest figure at $8.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 30.31% year-over-year to $8.0 million; the trailing twelve-month figure through Mar 2026 stood at $33.0 million (down 28.93% YoY), and the FY2025 full-year result was $36.5 million, down 22.92% from the prior year.
- Research & Development for Q1 2026 stood at $8.0 million, up from $7.3 million in the prior quarter.
- The five-year high for Research & Development was $12.7 million in Q3 2023, with the low at $7.3 million in Q4 2025.
- Historically, Research & Development has averaged $11.0 million across 5 years, with a median of $11.6 million in 2022.
- Annual changes were most pronounced in 2022 — Research & Development increased 11.53% — and 2025, when it tumbled 35.22%.
- Upland Software's Research & Development stood at $10.8 million in 2022, then rose by 7.99% to $11.7 million in 2023, then slipped by 3.16% to $11.3 million in 2024, then plunged by 35.22% to $7.3 million in 2025, then advanced by 9.95% to $8.0 million in 2026.
- The last three Research & Development figures came in at $8.0 million (Q1 2026), $7.3 million (Q4 2025), and $7.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | Upland Software | 17.73 Mn | -12.68 Mn | 36.76 Mn | 8.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.04 Mn |
| Dec 31, 2025 | 7.32 Mn |
| Sep 30, 2025 | 7.87 Mn |
| Jun 30, 2025 | 9.78 Mn |
| Mar 31, 2025 | 11.54 Mn |
| Dec 31, 2024 | 11.29 Mn |
| Sep 30, 2024 | 11.43 Mn |
| Jun 30, 2024 | 12.19 Mn |
| Mar 31, 2024 | 12.46 Mn |
| Dec 31, 2023 | 11.66 Mn |
| Sep 30, 2023 | 12.74 Mn |
| Jun 30, 2023 | 12.44 Mn |
| Mar 31, 2023 | 12.53 Mn |
| Dec 31, 2022 | 10.80 Mn |
| Sep 30, 2022 | 11.65 Mn |
| Jun 30, 2022 | 11.68 Mn |
| Mar 31, 2022 | 12.07 Mn |
| Dec 31, 2021 | 10.20 Mn |
| Sep 30, 2021 | 10.44 Mn |
| Jun 30, 2021 | 11.11 Mn |