Upland Software Q2 revenue falls 8% on divestitures

UPLD•2026-08-14

Upland expects Q3 2026 revenue between $45.7 million and $48.7 million.
The company sees full-year 2026 revenue between $190.1 million and $196.1 million.
Upland expects Q3 2026 adjusted EBITDA between $11.9 million and $13.4 million.
The company expects further revenue and adjusted EBITDA declines in Q3 and full-year 2026.

AI software provider's Q2 revenue fell 8% year over year, mainly due to 2025 divestitures.
Adjusted EBITDA for Q2 declined year over year; non-GAAP net income rose 18%.
The company said lower revenue and subscription revenue were primarily due to divestitures completed in 2025.
Q2 revenue came in at $49.10 million versus the $48.61 million consensus estimate from two analysts.
Q2 net loss was $35.30 million.
Q2 adjusted EBITDA was $12.80 million versus the consensus estimate from two analysts.

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