Upland Software Operating Expenses Growth & History (UPLD)
Upland Software's operating expenses was $157.7M for fiscal 2025.
View full Upland Software company overviewUpland Software annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $157.7M | −$138.3M | −46.73% |
| 2024 | 2024-12-31 | $296.0M | −$69.4M | −19.00% |
| 2023 | 2023-12-31 | $365.4M | $111.6M | +43.98% |
| 2022 | 2022-12-31 | $253.8M | $16.6M | +6.98% |
| 2021 | 2021-12-31 | $237.2M | $20.1M | +9.25% |
| 2020 | 2020-12-31 | $217.1M | $39.3M | +22.11% |
| 2019 | 2019-12-31 | $177.8M | $70.9M | +66.36% |
| 2018 | 2018-12-31 | $106.9M | $31.4M | +41.69% |
| 2017 | 2017-12-31 | $75.4M | $19.7M | +35.38% |
| 2016 | 2016-12-31 | $55.7M | $2.3M | +4.23% |
| 2015 | 2015-12-31 | $53.5M | −$6.3M | −10.59% |
| 2014 | 2014-12-31 | $59.8M | $27.5M | +84.88% |
| 2013 | 2013-12-31 | $32.3M | $13.1M | +68.20% |
| 2012 | 2012-12-31 | $19.2M | — | — |
Upland Software quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $67.2M | $20.2M | +42.96% |
| Q1 2026 | 2026-03-31 | $31.7M | −$15.0M | −32.05% |
| Q4 2025 | 2025-12-31 | $30.5M | −$19.6M | −39.07% |
| Q3 2025 | 2025-09-30 | $33.5M | −$16.8M | −33.39% |
| Q2 2025 | 2025-06-30 | $47.0M | −$7.3M | −13.37% |
| Q1 2025 | 2025-03-31 | $46.7M | −$94.7M | −66.99% |
| Q4 2024 | 2024-12-31 | $50.1M | −$7.7M | −13.34% |
| Q3 2024 | 2024-09-30 | $50.3M | −$8.6M | −14.61% |
| Q2 2024 | 2024-06-30 | $54.2M | −$5.5M | −9.16% |
| Q1 2024 | 2024-03-31 | $141.3M | −$47.6M | −25.20% |
| Q4 2023 | 2023-12-31 | $57.9M | −$8.3M | −12.50% |
| Q3 2023 | 2023-09-30 | $58.9M | $4.5M | +8.32% |
| Q2 2023 | 2023-06-30 | $59.7M | −$4.9M | −7.52% |
| Q1 2023 | 2023-03-31 | $189.0M | $120.2M | +174.89% |
| Q4 2022 | 2022-12-31 | $66.1M | $13.3M | +25.27% |
| Q3 2022 | 2022-09-30 | $54.4M | −$2.6M | −4.57% |
| Q2 2022 | 2022-06-30 | $64.6M | $4.1M | +6.86% |
| Q1 2022 | 2022-03-31 | $68.7M | $1.7M | +2.49% |
| Q4 2021 | 2021-12-31 | $52.8M | $2.7M | +5.30% |
| Q3 2021 | 2021-09-30 | $57.0M | $5.7M | +11.11% |
| Q2 2021 | 2021-06-30 | $60.4M | $5.8M | +10.68% |
| Q1 2021 | 2021-03-31 | $67.1M | $5.9M | +9.67% |
| Q4 2020 | 2020-12-31 | $50.1M | −$7.4M | −12.84% |
| Q3 2020 | 2020-09-30 | $51.3M | $9.2M | +21.84% |
| Q2 2020 | 2020-06-30 | $54.6M | $12.6M | +30.09% |
| Q1 2020 | 2020-03-31 | $61.2M | $24.9M | +68.61% |
| Q4 2019 | 2019-12-31 | $57.5M | $22.5M | +64.49% |
| Q3 2019 | 2019-09-30 | $42.1M | $17.4M | +70.31% |
| Q2 2019 | 2019-06-30 | $42.0M | $16.2M | +62.72% |
| Q1 2019 | 2019-03-31 | $36.3M | $14.8M | +69.26% |
| Q4 2018 | 2018-12-31 | $35.0M | $14.2M | +68.61% |
| Q3 2018 | 2018-09-30 | $24.7M | $5.4M | +28.14% |
| Q2 2018 | 2018-06-30 | $25.8M | $7.7M | +42.62% |
| Q1 2018 | 2018-03-31 | $21.4M | $4.1M | +23.58% |
| Q4 2017 | 2017-12-31 | $20.7M | $8.0M | +62.23% |
| Q3 2017 | 2017-09-30 | $19.3M | $5.5M | +40.18% |
| Q2 2017 | 2017-06-30 | $18.1M | $3.8M | +26.49% |
| Q1 2017 | 2017-03-31 | $17.3M | $2.4M | +16.43% |
| Q4 2016 | 2016-12-31 | $12.8M | −$588,000 | −4.40% |
| Q3 2016 | 2016-09-30 | $13.8M | $1.3M | +10.36% |
| Q2 2016 | 2016-06-30 | $14.3M | $681,000 | +5.00% |
| Q1 2016 | 2016-03-31 | $14.9M | $878,000 | +6.26% |
| Q4 2015 | 2015-12-31 | $13.4M | −$689,000 | −4.90% |
| Q3 2015 | 2015-09-30 | $12.5M | $314,000 | +2.58% |
| Q2 2015 | 2015-06-30 | $13.6M | $1.9M | +16.14% |
| Q1 2015 | 2015-03-31 | $14.0M | −$7.9M | −35.91% |
| Q4 2014 | 2014-12-31 | $14.1M | $3.6M | +34.49% |
| Q3 2014 | 2014-09-30 | $12.2M | $4.5M | +58.15% |
| Q2 2014 | 2014-06-30 | $11.7M | $3.3M | +38.66% |
| Q1 2014 | 2014-03-31 | $21.9M | $16.1M | +279.97% |
| Q4 2013 | 2013-12-31 | $10.5M | — | — |
| Q3 2013 | 2013-09-30 | $7.7M | — | — |
| Q2 2013 | 2013-06-30 | $8.5M | — | — |
| Q1 2013 | 2013-03-31 | $5.8M | — | — |
Upland Software operating expenses trends
Over the last five fiscal years, Upland Software's operating expenses decreased from $217.1M to $157.7M, a change of −$59.5M. The latest reported quarter, Q2 2026, shows $67.2M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Upland Software source filings ↗