Upland Software (UPLD) Revenue & Revenue Breakdown


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Upland Software Revenue Highlights


Latest Revenue (Y)

$297.85M

Latest Revenue (Q)

$64.88M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Upland Software Revenue by Period


Upland Software Revenue by Year

DateRevenueChange
2023-12-31$297.85M-6.13%
2022-12-31$317.30M5.06%
2021-12-31$302.02M3.51%
2020-12-31$291.78M31.06%
2019-12-31$222.64M48.54%
2018-12-31$149.88M53.02%
2017-12-31$97.95M31.01%
2016-12-31$74.77M6.95%
2015-12-31$69.91M8.26%
2014-12-31$64.57M56.76%
2013-12-31$41.19M80.96%
2012-12-31$22.76M-

Upland Software generated $297.85M in revenue during NA 2023, up -6.13% compared to the previous quarter, and up 198.72% compared to the same period a year ago.

Upland Software Revenue by Quarter

DateRevenueChange
2024-09-30$64.88M-6.44%
2024-06-30$69.34M-1.97%
2024-03-31$70.74M-2.00%
2023-12-31$72.18M-2.62%
2023-09-30$74.12M-0.50%
2023-06-30$74.50M-3.32%
2023-03-31$77.06M-2.23%
2022-12-31$78.81M-0.93%
2022-09-30$79.55M-0.85%
2022-06-30$80.23M1.92%
2022-03-31$78.72M3.94%
2021-12-31$75.73M-0.42%
2021-09-30$76.05M-0.28%
2021-06-30$76.26M3.10%
2021-03-31$73.97M-5.47%
2020-12-31$78.25M5.48%
2020-09-30$74.18M4.02%
2020-06-30$71.31M4.83%
2020-03-31$68.03M2.98%
2019-12-31$66.07M19.98%
2019-09-30$55.06M3.87%
2019-06-30$53.01M9.32%
2019-03-31$48.49M7.33%
2018-12-31$45.18M21.63%
2018-09-30$37.14M3.33%
2018-06-30$35.95M13.70%
2018-03-31$31.61M13.53%
2017-12-31$27.85M6.81%
2017-09-30$26.07M11.99%
2017-06-30$23.28M12.19%
2017-03-31$20.75M7.11%
2016-12-31$19.37M0.69%
2016-09-30$19.24M3.61%
2016-06-30$18.57M5.62%
2016-03-31$17.58M-0.10%
2015-12-31$17.60M2.89%
2015-09-30$17.11M-3.24%
2015-06-30$17.68M0.86%
2015-03-31$17.53M6.39%
2014-12-31$16.48M1.23%
2014-09-30$16.27M0.39%
2014-06-30$16.21M3.83%
2014-03-31$15.61M28.67%
2013-12-31$12.13M16.76%
2013-09-30$10.39M-

Upland Software generated $64.88M in revenue during Q3 2024, up -6.44% compared to the previous quarter, and up 87.09% compared to the same period a year ago.

Upland Software Revenue Breakdown


Upland Software Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Professional Services$10.22M$3.00M$2.20M$3.30M$2.10M
Subscription And Support$281.55M$98.30M$83.10M$69.60M$51.70M
Perpetual License$6.08M----
Product$287.63M----

Upland Software's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (49.13%), Subscription And Support (48.09%), Professional Services (1.75%), and Perpetual License (1.04%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Perpetual License$1.11M$1.73M$1.47M$4.58M$1.49M---------------
Professional Services$2.00M$2.10M$2.19M$4.02M$3.40M$1.30M$1.50M$300.00K$400.00K$700.00K$1.60M$300.00K$300.00K$500.00K$1.10M$700.00K$300.00K$700.00K$1.60M$-200.00K
Subscription And Support$90.20M$72.70M$67.08M$101.55M$97.70M$34.10M$48.20M$9.20M$17.60M$26.90M$44.60M$6.80M$14.50M$22.40M$39.40M$6.30M$12.20M$20.70M$30.40M$4.50M
Product$64.88M$67.23M$68.55M$216.18M$71.46M---------------

Upland Software's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Subscription And Support (57.02%), Product (41.01%), Professional Services (1.26%), and Perpetual License (0.70%).

Upland Software Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
UNITED STATES$201.25M$211.44M$205.88M$206.32M$140.88M
CANADA$13.64M$17.30M$13.87M$14.83M$10.50M

Upland Software's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (93.65%), and CANADA (6.35%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
CANADA$3.24M$3.22M$3.33M$3.36M$3.35M$3.44M$3.49M$3.78M$4.63M$5.43M$3.47M$3.55M$3.35M$3.62M$3.34M$3.57M$3.32M$3.36M$4.58M$4.27M
UNITED STATES$45.83M$47.34M$47.72M$48.96M$49.88M$50.16M$52.24M$53.05M$54.05M$53.00M$51.34M$51.20M$50.87M$50.86M$52.95M$56.37M$53.36M$50.62M$45.97M$40.10M

Upland Software's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (93.40%), and CANADA (6.60%).

Upland Software Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CXMSprinklr$732.36M$200.69M
PYCRPaycor HCM$654.95M$167.48M
WKWorkiva$630.04M$177.50M
FRSHFreshworks$596.43M$186.57M
NCNOnCino$476.54M$138.80M
BRZEBraze$471.80M$152.05M
CWANClearwater Analytics$368.17M$115.83M
MLNKMeridianLink$303.62M$80.37M
UPLDUpland Software$297.85M$64.88M
ALKTAlkami$264.83M$85.91M
AGYSAgilysys$237.46M$68.28M
ENFNEnfusion$174.53M$51.17M
ONTFON24$163.71M$37.35M
APIAgora$141.54M$33.02M
LAWCS Disco$138.09M$36.27M
AEYEAudioEye$31.32M$8.93M
HKITHitek Global$4.56M$1.62M

UPLD Revenue FAQ


What is Upland Software’s yearly revenue?

Upland Software's yearly revenue for 2023 was $297.85M, representing a decrease of -6.13% compared to 2022. The company's yearly revenue for 2022 was $317.3M, representing an increase of 5.06% compared to 2021. UPLD's yearly revenue for 2021 was $302.02M, representing an increase of 3.51% compared to 2020.

What is Upland Software’s quarterly revenue?

Upland Software's quarterly revenue for Q3 2024 was $64.88M, a -6.44% decrease from the previous quarter (Q2 2024), and a -12.47% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $69.34M, a -1.97% decrease from the previous quarter (Q1 2024), and a -6.92% decrease year-over-year (Q2 2023). UPLD's quarterly revenue for Q1 2024 was $70.74M, a -2.00% decrease from the previous quarter (Q4 2023), and a -8.20% decrease year-over-year (Q1 2023).

What is Upland Software’s revenue growth rate?

Upland Software's revenue growth rate for the last 3 years (2021-2023) was -1.38%, and for the last 5 years (2019-2023) was 33.78%.

What are Upland Software’s revenue streams?

Upland Software's revenue streams in c 23 are Professional Services, Subscription And Support, Perpetual License, and Product. Professional Services generated $10.22M in revenue, accounting 1.75% of the company's total revenue, up 240.70% year-over-year. Subscription And Support generated $281.55M in revenue, accounting 48.09% of the company's total revenue, up 186.42% year-over-year. Perpetual License generated $6.08M in revenue, accounting 1.04% of the company's total revenue Product generated $287.63M in revenue, accounting 49.13% of the company's total revenue

What is Upland Software’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Upland Software was Product. This segment made a revenue of $287.63M, representing 49.13% of the company's total revenue.