Upland Software sees Q3 revenue $46.8M-$52.8M, consensus $50.34M

Sees Q3 adjusted EBITDA $14.5M-$17.5M. The company said, “For the quarter ending September 30, 2025, Upland expects reported total revenue to be between $46.8 and $52.8 million, including subscription and support revenue between $44.6 and $49.6 million, for a decline in total revenue of 25% at the midpoint from the quarter ended September 30, 2024. This year-over-year revenue decline is primarily due to divestitures completed to streamline and focus our business. Third quarter 2025 Adjusted EBITDA is expected to be between $14.5 and $17.5 million, which at the midpoint is an increase of 14% from the quarter ended September 30, 2024. Third quarter 2025 Adjusted EBITDA margin is expected to be 32% at the midpoint, an increase of 1,100 basis points from the 21% Adjusted EBITDA margin for the quarter ended September 30, 2024.”