Upland Software Q4 revenue misses estimates, hurt by divestitures

Upland Software

03/03/2026 14:09

Overview

AI software firm's Q4 revenue declined 28% yr/yr, missing analyst expectations

Adjusted EBITDA for Q4 missed analyst estimates

GAAP net income improved to $1.1 mln from a loss in Q4 2024

Outlook

Upland expects Q1 2026 revenue between $47.0 mln and $50.0 mln

Company forecasts full-year 2026 revenue between $194.2 mln and $206.2 mln

Upland anticipates Q1 2026 adjusted EBITDA margin to rise to 26%, at the midpoint

Result Drivers

DIVESTITURES IMPACT - Revenue decline of 28% attributed to divestitures completed in Q1 and Q2 2025

AI PRODUCT TRACTION - Co noted continued traction of AI product portfolio with major customer contract renewals and expansions

Company press release: ID:nBw7m5FmJa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$49.3 mln
$50.3 mln (3 Analysts)
Q4 EPS
-$0.01
Q4 Net Income
$1.1 mln
Q4 Adjusted EBITDA
Miss
$15.3 mln
$16.09 mln (3 Analysts)
Q4 Free Cash Flow
$7.2 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Upland Software Inc is $4.50, about 411.3% above its March 2 closing price of $0.88

The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 2 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)