Upland Software (UPLD) Stock News

Upland Software (Nasdaq: UPLD) announced a strategic partnership with Carahsoft, under which Carahsoft will act as Upland’s Master Government Aggregator to distribute Upland’s knowledge management and contact center solutions to Public Sector organizations.

Upland products available through this agreement include RightAnswers, Panviva, BA Insight, and InGenius. These solutions can be procured via multiple cooperative purchasing vehicles, including NASA SEWP V, TIPS, NASPO ValuePoint, OMNIA Partners, E&I Cooperative Services, and The Quilt contracts. According to Upland Software, the partnership expands its partner network and aims to help Government agencies accelerate digital transformation, strengthen compliance, and improve service delivery.

Upland Software (Nasdaq: UPLD) reported Q2 2026 revenue of $49.1 million, down 8% year over year, with subscription and support revenue of $46.2 million, down 9%, primarily due to 2025 divestitures. GAAP net loss widened to $35.3 million, mainly from a non-cash goodwill impairment recorded in June 2026, while non-GAAP net income rose 18% to $6.6 million. Adjusted EBITDA was $12.8 million, or 26% of revenue, versus $13.6 million and a 25% margin a year ago. Operating cash flow increased to $5.4 million and free cash flow to $5.3 million, with quarter-end cash of $31.0 million.

Upland added 81 new customers, including 7 major customers, and expanded 200 existing relationships, 19 of which were major expansions. For Q3 2026, Upland guides revenue to $45.7–$48.7 million and Adjusted EBITDA to $11.9–$13.4 million. Full-year 2026 revenue is expected at $190.1–$196.1 million and Adjusted EBITDA at $49.8–$52.8 million, both down year over year at the midpoint, primarily reflecting prior divestitures.

Upland Software (Nasdaq: UPLD) announced it has been named in the 2026 Gartner Magic Quadrant for Customer Service Knowledge Management Systems, published July 16, 2026. The research evaluates vendors in the CS-KMS market, which Gartner describes as shifting from passive content repositories to AI-driven reasoning layers.

According to Upland Software, its inclusion highlights the role of its RightAnswers platform, a KCS v6 verified enterprise knowledge management solution aimed at large, complex organizations. RightAnswers combines AI-powered knowledge creation and delivery to support agents and customers with accurate, contextually relevant information across channels while helping enterprises scale customer service without adding headcount.

Upland Software (Nasdaq: UPLD) released a CEO letter outlining strategic priorities under new leadership. The company is concentrating investment on near-term, AI-powered growth opportunities, emphasizing its knowledge and content automation solutions, where it believes it has clear AI tailwinds and competitive advantage with an installed base of more than 1,100 enterprise customers.

According to Upland, it is sharpening capital allocation, driving efficiency across the rest of the business to fund growth, expand margins, strengthen cash flow, and reduce debt. The company expects to report full second-quarter results in line with prior guidance ranges and provide an updated Q3 and full-year outlook by mid-August 2026.

Upland Software (Nasdaq: UPLD) appointed Jennifer Simon, CPA, as Chief Financial Officer, effective August 17, 2026. She will lead global finance and report to President and CEO Sean Nathaniel, overseeing FP&A, accounting, treasury, tax, and investor relations.

Simon previously held senior finance roles at NextGen Healthcare and Quest Software, where she advanced to Interim CFO, drove $120 million in cost savings, led M&A diligence, and executed a debt restructuring. She succeeds founding CFO Mike Hill, who will retire after supporting Nathaniel’s transition into the CEO role, as Upland emphasizes disciplined capital allocation and AI-driven product investment.

Upland Software (Nasdaq: UPLD) announced it has regained compliance with the Nasdaq Global Market minimum bid price requirement.

Nasdaq notified the company that, as of July 2, 2026, Upland’s common stock maintained a closing bid price at or above $1.00 for 10 consecutive business days, so Nasdaq now considers the matter closed.

Upland (Nasdaq: UPLD) will implement a one-for-ten reverse stock split of its common stock, effective June 17, 2026 at 12:01 AM Eastern Time. The action is primarily intended to help meet Nasdaq’s minimum bid price requirement and will reduce outstanding shares from about 29.4 million to 2.9 million.

Upland Software (Nasdaq: UPLD) announced it earned 43 badges in G2’s Summer 2026 market reports, based on verified customer reviews. Recognition spans products including Panviva, RightAnswers, BA Insight, InterFAX, Second Street, InGenius, and Adestra.

Badges highlight areas such as High Performer, Leader, Fastest Implementation, Best Estimated ROI, Highest User Adoption, and Users Most Likely to Recommend, underscoring strong user satisfaction and adoption across contact center, knowledge management, email marketing, enterprise search, fax, sweepstakes, and lead capture categories.

Upland (Nasdaq: UPLD) announced that Sean Nathaniel has commenced as President and Chief Executive Officer effective May 1, 2026. The company will grant two inducement equity awards under Nasdaq Rule 5635(c)(4): up to 500,000 PRSUs (three-year performance vesting) and 500,000 RSUs (vests in 12 equal quarterly installments). Vesting for both awards requires continuous employment through the applicable vesting date, with earlier vesting possible upon certain change-of-control or termination events. The expected grant date is on or about June 5, 2026.