Quick Answer
Upland Software, Inc. reported R&D Expense of $36.51 million for fiscal year 2025.
Upland Software, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $36.51M | -22.9% |
| 2024 | $47.37M | -4.1% |
| 2023 | $49.38M | +6.9% |
| 2022 | $46.19M | +8.2% |
| 2021 | $42.69M | +9.5% |
| 2020 | $39.00M | +34.3% |
| 2019 | $29.04M | +38.8% |
| 2018 | $20.91M | +32.4% |
| 2017 | $15.79M | +5.9% |
| 2016 | $14.92M | -5.4% |
| 2015 | $15.78M | -39.7% |
| 2014 | $26.16M | +153.0% |
| 2013 | $10.34M | +94.8% |
| 2012 | $5.31M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $7.87M | -31.1% | -19.5% |
| June 30, 2025 | $9.78M | -19.7% | -15.3% |
| March 31, 2025 | $11.54M | -7.3% | +1.0% |
| September 30, 2024 | $11.43M | -10.3% | -6.2% |
| June 30, 2024 | $12.19M | -2.1% | -2.2% |
| March 31, 2024 | $12.46M | -0.6% | -2.2% |
| September 30, 2023 | $12.74M | +9.4% | +2.4% |
| June 30, 2023 | $12.44M | +6.6% | -0.7% |
- Upland Software, Inc. showed a decrease of -22.9% in R&D Expense compared to the prior fiscal year.
- Over the 2012–2025 period, Upland Software, Inc.’s r&d expense has grown by 587.8% (from $5.31 million to $36.51 million).
- The most recent figure is from Upland Software, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 3, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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