UPLD (UPLD) financial statements
UPLD reported revenue of $217M in fiscal 2025, up 12.6% a year over 9 years.
Net income was -$39M and the operating margin 2.0%, against -11.4% in 2016.
Free cash flow was $24M.
The diluted share count rose 74% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from UPLD's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75M | $98M | $150M | $223M | $292M | $302M | $317M | $298M | $275M | $217M |
| Cost of revenue | $28M | $34M | $49M | $69M | $98M | $99M | $104M | $96M | $81M | $55M |
| Gross profit | $47M | $64M | $101M | $154M | $193M | $203M | $214M | $201M | $194M | $162M |
| Research and development | $15M | $16M | $21M | $29M | $39M | $43M | $46M | $49M | $47M | $37M |
| Selling, general and admin | $30M | $39M | $53M | $83M | $114M | $132M | $130M | $126M | $116M | $82M |
| Operating income | -$9M | -$11M | -$6M | -$24M | -$24M | -$35M | -$40M | -$164M | -$102M | $4M |
| Interest expense | — | — | — | — | — | — | $29M | $19M | $9M | — |
| Pre-tax income | -$12M | -$17M | -$21M | -$52M | -$55M | -$67M | -$70M | -$182M | -$110M | -$39M |
| Income tax | $2M | $1M | -$10M | -$7M | -$4M | -$8M | -$2M | -$2M | $3M | $232,000 |
| Net income | -$14M | -$19M | -$11M | -$45M | -$51M | -$58M | -$68M | -$180M | -$113M | -$39M |
| EPS (diluted) | -$8.20 | -$10.20 | -$5.40 | -$19.60 | -$19.20 | -$19.20 | -$22.30 | -$57.70 | -$42.60 | -$15.60 |
| Diluted shares | 2M | 2M | 2M | 2M | 3M | 3M | 3M | 3M | 3M | 3M |
| Gross margin | 63.1% | 65.6% | 67.6% | 69.0% | 66.3% | 67.1% | 67.3% | 67.6% | 70.5% | 74.8% |
| Operating margin | -11.4% | -11.4% | -3.7% | -10.9% | -8.2% | -11.5% | -12.7% | -55.0% | -37.2% | 2.0% |
| Net margin | -18.1% | -19.1% | -7.2% | -20.4% | -17.6% | -19.3% | -21.6% | -60.4% | -41.0% | -17.9% |
Balance sheet
Fiscal years, from UPLD's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $29M | $22M | $17M | $175M | $250M | $189M | $249M | $237M | $56M | $29M |
| Receivables | $15M | $27M | $41M | $51M | $44M | $50M | $48M | $39M | $39M | $26M |
| Total current assets | $47M | $52M | $67M | $239M | $318M | $263M | $321M | $300M | $118M | $75M |
| Property, plant and equipment | $4M | $3M | $3M | $4M | $3M | $3M | $2M | $2M | $2M | $2M |
| Goodwill | $69M | $155M | $225M | $346M | $384M | $457M | $477M | $354M | $261M | $260M |
| Total assets | $151M | $281M | $483M | $897M | $1.0B | $1.0B | $1.1B | $870M | $530M | $413M |
| Total current liabilities | $40M | $75M | $108M | $129M | $121M | $156M | $151M | $131M | $120M | $94M |
| Long-term debt | $46M | $109M | $274M | $522M | $518M | $515M | $512M | $474M | $287M | $225M |
| Total liabilities | $92M | $190M | $396M | $684M | $705M | $713M | $692M | $626M | $425M | $332M |
| Shareholders' equity | $59M | $91M | $87M | $213M | $307M | $316M | $309M | $126M | -$18M | -$48M |
| Net debt | $19M | $89M | $263M | $350M | $272M | $329M | $266M | $240M | $234M | $203M |
Cash flow
Fiscal years, from UPLD's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $4M | $8M | $7M | $12M | $36M | $42M | $30M | $50M | $24M | $26M |
| Capital spending | $670,000 | $396,000 | $935,000 | $1M | $1M | $1M | $866,000 | $1M | $882,000 | $1M |
| Free cash flow | $3M | $7M | $6M | $11M | $35M | $41M | $29M | $49M | $23M | $24M |
| Stock-based compensation | $4M | $10M | $14M | $26M | $42M | $54M | $42M | $23M | $15M | $9M |
| Free cash flow margin | 4.3% | 7.5% | 4.3% | 5.0% | 11.8% | 13.5% | 9.2% | 16.4% | 8.5% | 11.3% |
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Open UPLD in InvestinglyQuestions
What was UPLD's revenue in 2025?
$217M in fiscal 2025, from its 10-K filing.
How much free cash flow does UPLD generate?
$24M in fiscal 2025 (operating cash flow minus capital spending).
From UPLD's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.