Upland Software reported second quarter 2026 financial results on August 14, 2026. Total revenue decreased 8% to $49.1 million from $53.4 million in the prior year period, primarily due to divestitures completed in 2025. GAAP net loss widened to $35.3 million compared to a $13.0 million loss previously, driven by a non-cash goodwill impairment of $35.2 million recorded in June 2026. Non-GAAP net income rose 18% to $6.6 million, and Adjusted EBITDA was $12.8 million (26% margin). The company added 81 new customers and issued guidance for Q3 2026 total revenue between $45.7 and $48.7 million and full-year revenue between $190.1 and $196.1 million, reflecting continued declines due to divestitures. Upland Software operates in the software industry, providing AI-powered knowledge and content management solutions.

Upland Software, Inc. received a notification from Nasdaq on July 31, 2026, indicating it no longer meets the minimum market value of publicly held shares requirement of $15 million under Listing Rule 5450(b)(2&3)(C). This deficiency notice does not immediately affect the listing or trading of its common stock on the Nasdaq Global Market. The company has until January 27, 2027, to regain compliance by maintaining a market value of at least $15 million for ten consecutive business days. Failure to comply by this date may result in delisting proceedings, though an appeal process is available. Upland Software operates in the technology industry, providing cloud-based software solutions for enterprise content management and digital experience.

Upland Software, Inc. appointed Jennifer Simon as Chief Financial Officer, effective August 17, 2026. Simon, a Certified Public Accountant formerly with NextGen Healthcare and Quest Software, succeeds retiring founding member Mike Hill. Her compensation includes an annual base salary of $350,000, an annual bonus target of up to 75% of her base salary, 30,000 restricted stock units vesting over three years, and performance-based restricted stock units ranging from 6,666 to 25,000 units. The company is a provider of enterprise intelligence software that unifies knowledge, content, and data for AI-powered outcomes.

On July 2, 2026, Upland Software, Inc. received notification from Nasdaq that it regained compliance with Listing Rule 5450(a)(1) after its common stock maintained a closing bid price of at least $1.00 per share for 10 consecutive business days from June 17 through July 1, 2026. The company issued a press release regarding this status on July 8, 2026. Upland Software operates in the enterprise software industry, providing cloud-based software solutions.

Chief Financial Officer Michael D. Hill notified the board of his intention to retire effective July 27, 2026. The company appointed David Tamez, currently Senior Vice President of Treasury Management, as interim CFO effective July 27, 2026, while a permanent successor is sought. Mr. Hill's retirement was not due to any disagreements regarding company operations, policies, or practices. Upland Software provides cloud software solutions for enterprise digital transformation.