Upland Software (UPLD) Research & Development (2013 - 2026)
Upland Software's (UPLD) quarterly Research & Development came in at $9.5 million in Q2 2026, down 11.72% on a YoY basis from $10.8 million in Q2 2025, and little changed quarter-over-quarter from $9.5 million in Q1 2026.
Analysis
Upland Software (UPLD) Research & Development (2013 - 2026) Analysis & Trends
Upland Software (UPLD) has reported Research & Development for 14 consecutive years, with $9.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 11.72% year-over-year to $9.5 million; the trailing twelve-month figure through Jun 2026 stood at $38.6 million (down 32.36% YoY), and the FY2025 full-year result was $44.1 million, down 33.47% from the prior year.
- Research & Development steadied at $9.5 million in Q2 2026 per UPLD's latest filing, from $9.5 million in the prior quarter.
- Across five years, Research & Development topped out at $17.4 million in Q4 2023 and bottomed at $9.5 million in Q1 2026.
- Historically, Research & Development has averaged $14.1 million across 5 years, with a median of $14.8 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Research & Development climbed 25.43% in 2022, then plunged 40.54% in 2025.
- Over 5 years, Research & Development stood at $14.1 million in 2022, then rose by 23.4% to $17.4 million in 2023, then retreated by 7.29% to $16.2 million in 2024, then slumped by 38.89% to $9.9 million in 2025, then slipped by 3.75% to $9.5 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $9.5 million, $9.5 million, and $9.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 759.82 Mn |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 188.10 Mn |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 308.36 Mn |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 106.72 Mn |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | 104.38 Mn |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | -8.37 Mn |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | 9.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.51 Mn |
| Mar 31, 2026 | 9.47 Mn |
| Dec 31, 2025 | 9.88 Mn |
| Sep 30, 2025 | 9.71 Mn |
| Jun 30, 2025 | 10.77 Mn |
| Mar 31, 2025 | 13.76 Mn |
| Dec 31, 2024 | 16.17 Mn |
| Sep 30, 2024 | 16.33 Mn |
| Jun 30, 2024 | 16.79 Mn |
| Mar 31, 2024 | 17.02 Mn |
| Dec 31, 2023 | 17.44 Mn |
| Sep 30, 2023 | 16.86 Mn |
| Jun 30, 2023 | 15.76 Mn |
| Mar 31, 2023 | 14.29 Mn |
| Dec 31, 2022 | 14.13 Mn |
| Sep 30, 2022 | 14.36 Mn |
| Jun 30, 2022 | 15.33 Mn |
| Mar 31, 2022 | 15.59 Mn |
| Dec 31, 2021 | 14.00 Mn |
| Sep 30, 2021 | 14.36 Mn |