Upland Software (UPLD) Research & Development (2013 - 2026)
Upland Software's Research & Development came in at $7.77 million for Q2 2026, down 20.6% from $9.78 million a year earlier and down 3.5% from the prior quarter.
Upland Software (UPLD) Research & Development (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Upland Software reported Research & Development of $31 million, down 29.6% year-over-year; for FY2025, it was $36.51 million, down 22.9% from FY2024.
- Research & Development carries a five-year compound annual growth rate of -1.3% (FY2020 to FY2025).
- Going back by year, Research & Development was $47.37 million in FY2024 (-4.1%), $49.38 million in FY2023 (+6.9%), $46.19 million in FY2022 (+8.2%) and $42.69 million in FY2021 (+9.5%).
- The five-year range for quarterly Research & Development is $7.32 million (Q4 2025) to $12.74 million (Q3 2023).
- Year-over-year, Research & Development has declined for ten consecutive quarters, with an average decline of 19.7% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q3 2022 (growth of 11.5%), and the weakest in Q4 2025 (a decline of 35.2%).
- Business Quant data shows UPLD's Research & Development at $8.04 million (Q1 2026), $7.32 million (Q4 2025) and $7.87 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 1.29 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 759.82 Mn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 273.32 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 464.00 Mn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 242.50 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 167.33 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 188.10 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 200.30 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 82.80 Mn |
| 10 | Upland Software | 9.73 Mn | -103.25 Mn | 37.47 Mn | 7.77 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.77 Mn |
| 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 |
Upland Software Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=UPLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "UPLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=UPLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();