
Upland Software Inc
NASDAQ:UPLD

Income Statement
Earnings Waterfall
Upland Software Inc
Revenue
|
278.9m
USD
|
Cost of Revenue
|
-84.9m
USD
|
Gross Profit
|
194m
USD
|
Operating Expenses
|
-216m
USD
|
Operating Income
|
-22m
USD
|
Other Expenses
|
-108.8m
USD
|
Net Income
|
-130.8m
USD
|
Income Statement
Upland Software Inc
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
60
N/A
|
65
+7%
|
67
+3%
|
68
+2%
|
69
+1%
|
70
+2%
|
70
+0%
|
71
+1%
|
73
+3%
|
75
+2%
|
78
+4%
|
83
+6%
|
89
+8%
|
98
+10%
|
109
+11%
|
121
+12%
|
133
+9%
|
150
+13%
|
167
+11%
|
184
+10%
|
202
+10%
|
223
+10%
|
242
+9%
|
260
+8%
|
280
+7%
|
292
+4%
|
298
+2%
|
303
+2%
|
305
+1%
|
302
-1%
|
307
+2%
|
311
+1%
|
314
+1%
|
317
+1%
|
316
-1%
|
310
-2%
|
304
-2%
|
298
-2%
|
292
-2%
|
286
-2%
|
279
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(21)
|
(23)
|
(24)
|
(25)
|
(26)
|
(27)
|
(27)
|
(27)
|
(27)
|
(28)
|
(28)
|
(29)
|
(31)
|
(34)
|
(37)
|
(40)
|
(43)
|
(49)
|
(53)
|
(58)
|
(63)
|
(69)
|
(77)
|
(84)
|
(93)
|
(98)
|
(101)
|
(102)
|
(101)
|
(100)
|
(100)
|
(101)
|
(102)
|
(104)
|
(105)
|
(102)
|
(99)
|
(96)
|
(92)
|
(88)
|
(85)
|
|
Gross Profit |
39
N/A
|
42
+6%
|
42
+2%
|
43
+1%
|
43
+0%
|
43
+0%
|
43
0%
|
44
+2%
|
46
+4%
|
47
+4%
|
50
+6%
|
54
+7%
|
58
+8%
|
64
+11%
|
72
+11%
|
81
+14%
|
89
+10%
|
101
+13%
|
114
+13%
|
125
+10%
|
139
+11%
|
154
+11%
|
166
+8%
|
177
+7%
|
187
+6%
|
193
+3%
|
197
+2%
|
201
+2%
|
203
+1%
|
203
0%
|
207
+2%
|
209
+1%
|
212
+1%
|
214
+1%
|
211
-1%
|
208
-2%
|
205
-1%
|
201
-2%
|
200
-1%
|
198
-1%
|
194
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(55)
|
(58)
|
(50)
|
(51)
|
(52)
|
(51)
|
(50)
|
(50)
|
(50)
|
(50)
|
(51)
|
(54)
|
(56)
|
(60)
|
(65)
|
(72)
|
(79)
|
(88)
|
(98)
|
(108)
|
(121)
|
(138)
|
(156)
|
(172)
|
(185)
|
(190)
|
(202)
|
(208)
|
(213)
|
(216)
|
(217)
|
(222)
|
(219)
|
(220)
|
(221)
|
(219)
|
(227)
|
(234)
|
(229)
|
(224)
|
(216)
|
|
Selling, General & Administrative |
(26)
|
(28)
|
(31)
|
(32)
|
(32)
|
(31)
|
(30)
|
(29)
|
(29)
|
(30)
|
(32)
|
(36)
|
(37)
|
(39)
|
(41)
|
(44)
|
(48)
|
(53)
|
(59)
|
(65)
|
(72)
|
(83)
|
(94)
|
(103)
|
(111)
|
(114)
|
(123)
|
(127)
|
(131)
|
(132)
|
(130)
|
(134)
|
(131)
|
(130)
|
(126)
|
(120)
|
(123)
|
(126)
|
(124)
|
(124)
|
(120)
|
|
Research & Development |
(25)
|
(26)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(20)
|
(21)
|
(23)
|
(25)
|
(27)
|
(29)
|
(32)
|
(36)
|
(39)
|
(40)
|
(41)
|
(41)
|
(41)
|
(43)
|
(44)
|
(44)
|
(46)
|
(46)
|
(47)
|
(47)
|
(49)
|
(49)
|
(49)
|
(49)
|
(48)
|
|
Depreciation & Amortization |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(7)
|
(7)
|
(10)
|
(12)
|
(14)
|
(17)
|
(19)
|
(22)
|
(26)
|
(30)
|
(33)
|
(36)
|
(37)
|
(37)
|
(39)
|
(40)
|
(41)
|
(43)
|
(43)
|
(43)
|
(44)
|
(48)
|
(52)
|
(56)
|
(59)
|
(55)
|
(51)
|
(49)
|
|
Other Operating Expenses |
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(15)
N/A
|
(16)
-4%
|
(7)
+56%
|
(8)
-17%
|
(8)
-1%
|
(8)
+8%
|
(7)
+10%
|
(6)
+15%
|
(4)
+23%
|
(3)
+35%
|
(1)
+61%
|
(1)
+49%
|
2
N/A
|
4
+127%
|
7
+63%
|
10
+46%
|
10
+8%
|
13
+28%
|
16
+19%
|
17
+8%
|
18
+5%
|
15
-14%
|
10
-35%
|
5
-49%
|
2
-56%
|
3
+45%
|
(5)
N/A
|
(7)
-55%
|
(10)
-42%
|
(14)
-36%
|
(10)
+27%
|
(12)
-24%
|
(7)
+42%
|
(6)
+14%
|
(9)
-54%
|
(12)
-25%
|
(22)
-88%
|
(32)
-46%
|
(29)
+10%
|
(26)
+10%
|
(22)
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
(8)
|
(10)
|
(11)
|
(13)
|
(16)
|
(18)
|
(20)
|
(22)
|
(25)
|
(27)
|
(30)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(31)
|
(31)
|
(29)
|
(27)
|
(24)
|
(20)
|
(19)
|
(18)
|
(18)
|
(13)
|
|
Non-Reccuring Items |
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(9)
|
(11)
|
(15)
|
(15)
|
(14)
|
(13)
|
(19)
|
(23)
|
(29)
|
(37)
|
(42)
|
(49)
|
(46)
|
(40)
|
(27)
|
(22)
|
(21)
|
(21)
|
(21)
|
(22)
|
(21)
|
(21)
|
(34)
|
(154)
|
(150)
|
(146)
|
(132)
|
(89)
|
(88)
|
(88)
|
|
Total Other Income |
(1)
|
0
|
(1)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
1
|
0
|
(0)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(2)
|
(0)
|
2
|
1
|
(0)
|
(0)
|
(1)
|
1
|
2
|
(1)
|
1
|
(1)
|
(2)
|
0
|
(1)
|
(0)
|
(1)
|
|
Pre-Tax Income |
(21)
N/A
|
(20)
+3%
|
(12)
+41%
|
(13)
-8%
|
(13)
-1%
|
(13)
+4%
|
(14)
-12%
|
(14)
-2%
|
(14)
+0%
|
(12)
+17%
|
(11)
+7%
|
(13)
-20%
|
(14)
-8%
|
(17)
-21%
|
(15)
+11%
|
(14)
+8%
|
(15)
-3%
|
(21)
-41%
|
(26)
-28%
|
(34)
-27%
|
(42)
-25%
|
(52)
-25%
|
(68)
-30%
|
(71)
-5%
|
(70)
+2%
|
(56)
+21%
|
(56)
-1%
|
(59)
-5%
|
(63)
-7%
|
(67)
-6%
|
(64)
+3%
|
(64)
+1%
|
(57)
+11%
|
(70)
-23%
|
(189)
-169%
|
(187)
+1%
|
(190)
-1%
|
(182)
+4%
|
(138)
+25%
|
(132)
+4%
|
(123)
+7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
0
|
1
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
10
|
11
|
18
|
18
|
7
|
10
|
5
|
4
|
4
|
4
|
2
|
7
|
8
|
4
|
6
|
4
|
2
|
3
|
3
|
3
|
2
|
2
|
0
|
(2)
|
|
Income from Continuing Operations |
(23)
|
(20)
|
(11)
|
(12)
|
(12)
|
(14)
|
(15)
|
(16)
|
(16)
|
(14)
|
(14)
|
(16)
|
(17)
|
(20)
|
(17)
|
(16)
|
(17)
|
(11)
|
(16)
|
(16)
|
(24)
|
(45)
|
(58)
|
(66)
|
(65)
|
(51)
|
(52)
|
(57)
|
(56)
|
(58)
|
(60)
|
(58)
|
(53)
|
(68)
|
(186)
|
(184)
|
(187)
|
(180)
|
(136)
|
(132)
|
(125)
|
|
Net Income (Common) |
(24)
N/A
|
(22)
+10%
|
(12)
+43%
|
(13)
-4%
|
(12)
+4%
|
(14)
-12%
|
(15)
-13%
|
(16)
-2%
|
(16)
0%
|
(14)
+15%
|
(14)
0%
|
(16)
-16%
|
(17)
-7%
|
(19)
-11%
|
(16)
+13%
|
(16)
+4%
|
(16)
-5%
|
(11)
+34%
|
(16)
-44%
|
(16)
-1%
|
(24)
-52%
|
(45)
-91%
|
(58)
-27%
|
(66)
-15%
|
(65)
+2%
|
(51)
+22%
|
(52)
-1%
|
(57)
-9%
|
(56)
+1%
|
(58)
-3%
|
(60)
-4%
|
(58)
+4%
|
(54)
+7%
|
(70)
-31%
|
(189)
-169%
|
(189)
0%
|
(192)
-2%
|
(185)
+3%
|
(141)
+24%
|
(138)
+3%
|
(131)
+5%
|
|
EPS (Diluted) |
-1.67
N/A
|
-1.42
+15%
|
-0.83
+42%
|
-0.86
-4%
|
-0.82
+5%
|
-0.91
-11%
|
-1.02
-12%
|
-0.96
+6%
|
-0.94
+2%
|
-0.82
+13%
|
-0.81
+1%
|
-0.88
-9%
|
-0.87
+1%
|
-1.01
-16%
|
-0.82
+19%
|
-0.78
+5%
|
-0.81
-4%
|
-0.54
+33%
|
-0.76
-41%
|
-0.69
+9%
|
-0.96
-39%
|
-1.96
-104%
|
-2.31
-18%
|
-2.65
-15%
|
-2.4
+9%
|
-1.92
+20%
|
-1.72
+10%
|
-1.88
-9%
|
-1.87
+1%
|
-1.92
-3%
|
-1.93
-1%
|
-1.85
+4%
|
-1.71
+8%
|
-2.23
-30%
|
-5.87
-163%
|
-5.81
+1%
|
-5.88
-1%
|
-5.77
+2%
|
-4.88
+15%
|
-5.03
-3%
|
-4.79
+5%
|