Upland Software Reports Q3 2026 Results, Expects Further FY Revenue and EBITDA Declines
Upland Software reported year-over-year declines in revenue and Adjusted EBITDA for the third quarter of 2026, while narrowing its GAAP net loss. The company expects further revenue and EBITDA declines for fiscal 2026.
Upland Software, Inc. released its financial results for the third quarter of 2026, reporting year-over-year declines in both revenue and Adjusted EBITDA. Despite the revenue contraction, the company successfully narrowed its GAAP net loss and continued its debt repayment efforts. Management outlined a strategic plan targeting an approximately 35% Adjusted EBITDA margin by the first half of 2028.
However, the company's guidance for the full fiscal year 2026 indicates expectations for further declines in revenue and EBITDA. The company continues to focus on deleveraging and AI-led margin expansion as core components of its strategic direction.