Upland Software's gross profit for the
three
months ended in Dec. 2023 was $48.5 Mil. Upland Software's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $201.5 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Upland Software's gross profit for the
three
months ended in Dec. 2023 was $48.5 Mil. Upland Software's Revenue for the
three
months ended in Dec. 2023 was $72.2 Mil. Therefore, Upland Software's Gross Margin % for the quarter that ended in Dec. 2023 was 67.15%.
Upland Software had a gross margin of 67.15% for the quarter that ended in Dec. 2023 => Durable competitive advantage
During the past 12 years, the highestGross Margin % of Upland Software was 68.96%. The lowest was 61.85%. And the median was 66.67%.
Upland Software Gross Profit Historical Data
The historical data trend for Upland Software's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Upland Software's Gross Profit
For the Software - Application subindustry, Upland Software's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Upland Software's Gross Profit Distribution in the Software Industry
For the Software industry and Technology sector, Upland Software's Gross Profit distribution charts can be found below:
* The bar in red indicates where Upland Software's Gross Profit falls into.
Upland Software Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Upland Software's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $201.5 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Upland Software had a gross margin of 67.15% for the quarter that ended in Dec. 2023 => Durable competitive advantage
Upland Software Gross Profit Related Terms
Thank you for viewing the detailed overview of Upland Software's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Upland Software (Upland Software) Business Description
Upland Software Inc is a provider of cloud-based enterprise work management software. The company provides a family of cloud-based enterprise work management software applications for the information technology, process excellence, finance, professional services and marketing functions within organizations. It services customers ranging from corporations and Government agencies to small- and medium-sized businesses engaged in the field of financial services, retail, technology, manufacturing, education, consumer goods, media, and telecommunications, Government, food and beverage, healthcare and life sciences, chemicals and travel and hospitality.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
UPLD has been successfully added to your 