NASDAQ · UPLD

Upland Software, Inc.

Closing price · Nov 13, 2026 $2.94

Latest quarter · ended Sep 30, 2026

Sales slipped and cash got weaker

descriptionFiled Nov 4, 2026
Revenue growthShrinking
−5.9%
Quarter ended Dec 31, 2024: −5.8% sales vs. a year beforeQuarter ended Mar 31, 2025: −10.0% sales vs. a year beforeQuarter ended Jun 30, 2025: −23.0% sales vs. a year beforeQuarter ended Sep 30, 2025: −24.2% sales vs. a year beforeQuarter ended Dec 31, 2025: −27.5% sales vs. a year beforeQuarter ended Mar 31, 2026: −23.5% sales vs. a year beforeQuarter ended Jun 30, 2026: −7.9% sales vs. a year beforeQuarter ended Sep 30, 2026: −5.9% sales vs. a year before
Dec '24Sep '26
$47.5M vs. $50.5M a year ago
Gross marginWorse
75.8%
Quarter ended Dec 31, 2024: 70.8% gross marginQuarter ended Mar 31, 2025: 71.6% gross marginQuarter ended Jun 30, 2025: 74.8% gross marginQuarter ended Sep 30, 2025: 76.9% gross marginQuarter ended Dec 31, 2025: 76.5% gross marginQuarter ended Mar 31, 2026: 75.5% gross marginQuarter ended Jun 30, 2026: 76.3% gross marginQuarter ended Sep 30, 2026: 75.8% gross margin
Dec '24Sep '26
vs. 76.9% a year ago
Cash from operationsWorse
$2.76M
Quarter ended Dec 31, 2024: $9.34M cash from operationsQuarter ended Mar 31, 2025: $8.3M cash from operationsQuarter ended Jun 30, 2025: $3.29M cash from operationsQuarter ended Sep 30, 2025: $6.89M cash from operationsQuarter ended Dec 31, 2025: $7.32M cash from operationsQuarter ended Mar 31, 2026: $5.6M cash from operationsQuarter ended Jun 30, 2026: $5.37M cash from operationsQuarter ended Sep 30, 2026: $2.76M cash from operations
Dec '24Sep '26
−60% from $6.89M a year ago
Share countBuying back
−90.2%
Quarter ended Dec 31, 2024: 28.17M sharesQuarter ended Mar 31, 2025: 28.48M sharesQuarter ended Jun 30, 2025: 28.77M sharesQuarter ended Sep 30, 2025: 28.89M sharesQuarter ended Dec 31, 2025: 29.12M sharesQuarter ended Mar 31, 2026: 29.36M sharesQuarter ended Jun 30, 2026: 2.96M sharesQuarter ended Sep 30, 2026: 2.84M shares
Dec '24Sep '26
2.84M shares vs. 28.89M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Selling Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 −100
  • info
    1 real insider sale in 12 months. $47.4K in total, not counting planned sales.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

28 funds report owning UPLD, down from 46

Holdings as of Jun 30, 2026
New1
Added8
Held9
Trimmed10
Sold out19

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovShares withheld for tax · Dec 16 · $36.6KShares withheld for tax · Dec 16 · $13.2KShares withheld for tax · Dec 16 · $29.3KStock grant · Feb 23 · 150,000 shStock grant · Feb 23 · 70,000 shStock grant · Feb 27 · 100,000 shShares withheld for tax · Mar 16 · $18.1KShares withheld for tax · Mar 16 · $4.82KShares withheld for tax · Mar 16 · $10KStock grant · Apr 30 · 250,000 shStock grant · Jun 4 · 500,000 shShares withheld for tax · Jun 16 · $18KShares withheld for tax · Jun 16 · $5.45KShares withheld for tax · Jun 16 · $11.3KPlanned sale (10b5-1) · Jul 31 · $4.48KPlanned sale (10b5-1) · Aug 3 · $4.45KPlanned sale (10b5-1) · Aug 4 · $4.33KPlanned sale (10b5-1) · Aug 5 · $4.53KPlanned sale (10b5-1) · Aug 6 · $4.27KPlanned sale (10b5-1) · Aug 7 · $3.63KStock grant · Aug 17 · 30,000 shShares withheld for tax · Sep 16 · $11.7KShares withheld for tax · Sep 16 · $6.48KShares withheld for tax · Sep 16 · $4.41KOpen-market sale · Nov 11 · $47.4K
CEOCFOOther officersDirectorsJunJulAugSepOctNovStock grant · Jun 4 · 500,000 shShares withheld for tax · Jun 16 · $18KShares withheld for tax · Jun 16 · $5.45KShares withheld for tax · Jun 16 · $11.3KPlanned sale (10b5-1) · Jul 31 · $4.48KPlanned sale (10b5-1) · Aug 3 · $4.45KPlanned sale (10b5-1) · Aug 4 · $4.33KPlanned sale (10b5-1) · Aug 5 · $4.53KPlanned sale (10b5-1) · Aug 6 · $4.27KPlanned sale (10b5-1) · Aug 7 · $3.63KStock grant · Aug 17 · 30,000 shShares withheld for tax · Sep 16 · $11.7KShares withheld for tax · Sep 16 · $6.48KShares withheld for tax · Sep 16 · $4.41KOpen-market sale · Nov 11 · $47.4K

Last 6 months. A wider screen shows 12.

Showing 1 real trade. Hidden: 6 stock grants, 12 tax withholdings, 6 planned 10b5-1 sales. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Nov 11 John McDonald Director Open-market sale $47.4K 15,000 sh at $3.16 Sold 6% of stake

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Top holders

Biggest funds in UPLD

As of Jun 30, 2026
FundOwnsValueChange
Ameriprise Financial Inc4.9%$644K+2%
Vanguard Capital Management LLC4.2%$562KSame
Acadian Asset Management LLC4.0%$524K−7%
Rice Hall James & Associates, LLC3.6%$472K+4%
CastleKnight Management LP2.7%$363KSame

"Owns" is shares reported divided by shares outstanding.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast