
• Reported GAAP EPS of -$0.09 up 90.72% YoY • Reported revenue of $48.69M down -23.51% YoY • Upland Software forecasts Q2 2026 total revenue of $47.1M-$50.1M and Adjusted EBITDA of $12.0M-$13.6M. Full year 2026 guidance is $192.5M-$201.5M for total revenue and $51.7M-$56.3M for Adjusted EBITDA.
Bullish
Upland Software saw strong customer acquisition and expansion, alongside significant AI-powered product innovation and industry recognition. The company also improved its GAAP net loss and expanded Adjusted EBITDA margin.
Bearish
Revenue and cash flow decreased significantly for Upland Software in Q1 2026, primarily due to divestitures. Future guidance also projects declines in revenue and Adjusted EBITDA for Q2 and full year 2026.