Upland Q2 FY26 GAAP net loss widens to $35.3 million; revenue falls 8% to $49.1 million
Reuters2026/08/14 13:05- Upland Software posted Q2 2026 revenue of $49.1 million, down 8% year over year, primarily due to 2025 divestitures.
- GAAP net loss widened to $35.3 million, driven by a non-cash goodwill impairment recorded in June 2026.
- Adjusted EBITDA slipped to $12.8 million, while free cash flow rose to $5.3 million.
- Added 81 new customers, including 7 new major customers, while expanding 200 existing accounts, including 19 major expansions.
- Forecast Q3 revenue of $45.7 million-$48.7 million; expects adjusted EBITDA of $11.9 million-$13.4 million.
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