UPLD (Upland Software) Gross Margin %: 75.49% (As of Mar. 2026) — 12% Above Median


UPLD Upland Software Inc UPLD
44 GF Score
Price $4.48
GF Value $18.82
Valuation Possible Value Trap
! 5 Warning Signs
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What is Upland Software Gross Margin %?

Upland Software UPLD -5.49% 44 Gross Margin % is 75.49% as of Mar. 2026, which is 12% above its 10-year median of 67.45. GuruFocus rates UPLD with a GF Score™ of 44/100 and a GF Value™ of $18.82 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,683 Software companies, Upland Software ranks better than 85.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Upland Software's Gross Profit for the three months ended in Mar. 2026 was $36.8 Mil. Upland Software's Revenue for the three months ended in Mar. 2026 was $48.7 Mil. Therefore, Upland Software's Gross Margin % for the quarter that ended in Mar. 2026 was 75.49%.


The historical rank and industry rank for Upland Software's Gross Margin % or its related term are showing as below:

UPLD' s Gross Margin % Range Over the Past 10 Years
Min: 63.13   Med: 67.45   Max: 75.91
Current: 75.91


During the past 13 years, the highest Gross Margin % of Upland Software was 75.91%. The lowest was 63.13%. And the median was 67.45%.

UPLD's Gross Margin % is ranked better than
85.24% of 2683 companies
in the Software industry
Industry Median: 40.45 vs UPLD: 75.91

Upland Software had a gross margin of 75.49% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Upland Software was 2.20% per year.


Upland Software  (NAS:UPLD) Gross Margin % Explanation

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 75.49% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Upland Software Gross Margin % Related Terms


Upland Software Gross Margin % Historical Data

* Premium members only.

The historical data trend for Upland Software's Gross Margin % 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.

Upland Software Gross Margin % Chart

Upland Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.07 67.31 67.65 70.49 74.75

Upland Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.65 74.83 76.89 76.48 75.49

UPLD vs ANKM, BLIV, WBSR: Gross Margin % Comparison

For the Software - Application subindustry, Upland Software's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Software Industry

For the Software industry and Technology sector, Upland Software's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Upland Software's Gross Margin % falls into.


UPLD
44GF Score
Upland Software Inc UPLD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Upland Software Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Upland Software's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=162.1 / 216.876
=(Revenue - Cost of Goods Sold) / Revenue
=(216.876 - 54.758) / 216.876
=74.75 %

Upland Software's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=36.8 / 48.69
=(Revenue - Cost of Goods Sold) / Revenue
=(48.69 - 11.934) / 48.69
=75.49 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 75.49% mean?
Upland Software (UPLD) has a Gross Margin % of 75.49% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Upland Software and its competitors. This is 12% above median its historical median of 67.45. Over the past decade, Upland Software's Gross Margin % has ranged from 63.13 to 75.91. According to the industry distribution chart, Upland Software ranks #396 out of 2683 companies in the Software industry, placing it in the top 14.8%.
Is Upland Software's Gross Margin % too high?
Upland Software's current Gross Margin % of 75.49% is 12% above median its 10-year median of 67.45. Over the past 10 years, this metric has ranged from a low of 63.13 to a high of 75.91. The Software industry median Gross Margin % is 40.45. Upland Software's value of 75.49% is 86.6% above this industry median. Based on the distribution chart, Upland Software ranks #396 out of 2683 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Upland Software has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Upland Software's Gross Margin % compare to ANKM and BLIV?
According to the Software industry distribution chart, Upland Software ranks #396 out of 2683 companies for Gross Margin %. This places Upland Software in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Upland Software's value of 75.49% is 86.6% above this benchmark. Historically, Upland Software's own Gross Margin % has ranged from 63.13 to 75.91 over the past decade. While the company's 10-year median is 67.45 vs. the industry median of 40.45, Upland Software has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,683 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Upland Software's current Gross Margin % of 75.49% is 86.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Upland Software and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Upland Software's current Gross Margin % is 75.49%, which is 12% above median its own 10-year median of 67.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upland Software stock overvalued right now?
Based on GuruFocus' analysis, Upland Software (UPLD) is currently considered Possible Value Trap. The stock's GF Value™ is $18.82, compared to a current price of $4.48 — trading 76.2% below its estimated fair value. The current Gross Margin % is 75.49%, which is 12% above median its 10-year median of 67.45 and 86.6% above the Software industry median of 40.45. Upland Software's overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Upland Software (UPLD), the current Gross Margin % is 75.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Upland Software (UPLD) Overvalued in 2026?

Based on GuruFocus' analysis, Upland Software stock appears to be undervalued. The current stock price of $4.48 is trading 76.2% below its estimated GF Value™ of $18.82. GuruFocus considers Upland Software to be Possible Value Trap.

Key valuation signals for UPLD:

  • Gross Margin %: 75.49% (12% above median its 10-year median of 67.45)
  • GF Value™: $18.82 vs. price of $4.48 (76.2% below fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 86.6% above the Software median (#396 of 2683)

No single metric tells the full story. See the UPLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Upland Software Business Description

Address 401 Congress Avenue, Suite 1850, Frost Bank Tower, Austin, TX, USA, 78701-3788
Upland Software Inc is a software company. It provides cloud-based software applications in three categories: Knowledge Management that provides solutions designed to help organizations capture, organize, and distribute information to employees and customers. Content Lifecycle and Workflow Automation offers solutions that support document management, compliance, and process efficiency across various industries. Digital Marketing solutions that provides tools for audience engagement, campaign management, and content distribution across digital channels. Geographically, the company has operations in the U.S., United Kingdom and Canada, of which United States derives maximum revenue.
44GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.48
Price
$18.82
GF Value