Upland Software ( (UPLD) ) has released its Q1 earnings. Here is a breakdown of the information Upland Software presented to its investors.
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Upland Software, a leader in AI-powered knowledge and content management software, provides solutions that help enterprises unlock critical knowledge, automate content workflows, and drive measurable ROI. In its latest earnings report, Upland Software announced a decrease in total revenue to $63.7 million for the first quarter of 2025, down 10% from the previous year. However, the company reported a significant reduction in GAAP net loss to $25.8 million from $96.1 million in the same quarter of 2024.
Key financial metrics revealed that Upland’s adjusted EBITDA remained stable at $13.1 million, representing 21% of total revenue, compared to 19% in the previous year. The company also reported an increase in GAAP operating cash flow to $8.3 million from $5.1 million in the first quarter of 2024. Upland’s strategic focus included welcoming 107 new customers and expanding relationships with 245 existing customers, emphasizing its AI-enabled product portfolio.
Upland Software’s recent divestiture of its mobile messaging product lines aims to sharpen its focus on markets with higher competitive advantages and growth potential. Despite the revenue decline, the company expects its adjusted EBITDA margin to improve significantly, with a projected increase to 27% for the full year 2025.
Looking ahead, Upland Software anticipates a decline in total revenue for the second quarter of 2025 but expects its adjusted EBITDA margin to increase. The company remains focused on expanding its core business and enhancing its AI-powered solutions to drive future growth.