Upland Software ( (UPLD) ) has released its Q3 earnings. Here is a breakdown of the information Upland Software presented to its investors.
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Upland Software, Inc. is a prominent player in the AI-powered knowledge and content management software sector, offering solutions that enhance enterprise operations through automation and improved customer experiences. In its third-quarter 2025 financial report, Upland Software disclosed a total revenue of $50.5 million, marking a 24% decline from the previous year, largely attributed to strategic divestitures. Despite the revenue drop, the company reported an improved adjusted EBITDA of $16.0 million, reflecting a significant margin expansion to 32% of total revenue.
Key financial metrics highlighted in the report include a GAAP net loss of $1.1 million, which is an improvement from the $1.7 million loss in the same quarter of 2024. The company also reported a free cash flow of $6.7 million, up from $4.2 million the previous year. Upland successfully refinanced its debt, extending maturity to 2031 and securing a $30 million revolver, thus enhancing its liquidity position.
Strategically, Upland Software expanded its customer base by adding 97 new clients, including 14 major accounts, and deepened relationships with 168 existing clients. The company continues to innovate across its product suite, introducing new AI capabilities and integrations that bolster productivity and data intelligence. Notably, Upland’s solutions have gained recognition in industry reports and marketplaces, underscoring their growing influence in the AI solutions domain.
Looking ahead, Upland Software anticipates a continued decline in revenue due to divestitures but expects a modest increase in adjusted EBITDA for the fourth quarter and full year of 2025. The company remains focused on leveraging its AI product portfolio to drive future growth and maintain its competitive edge in the market.

