Company / R&D Expense
Upland Software, Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$49.4M
FY2025
5-year range
$29.0M / $49.4M
FY2021-FY2025
Trend
+6.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has increased for 7 consecutive years, from $15M in FY2018 to $49M in FY2025.
Based on SEC 10-K filings.
$49M in FY2025 with a 5-year CAGR of +18.7%.
Improved from $43M to $49M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +8.2%
- 5-Year CAGR
- +18.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- Upland Software, Inc.'s r&d expense has grown for 7 consecutive years.
- 5-year CAGR of +18.7%, indicating consistent growth.
- In FY2025, r&d expense increased 6.9% year-over-year.
- Lowest r&d expense in the period was in FY2018.
Company context
Key Data Points
- Altman Z-Score -0.56 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $49.4M | +6.9% |
| FY2024 | $46.2M | +8.2% |
| FY2023 | $42.7M | +9.5% |
| FY2022 | $39.0M | +34.3% |
| FY2021 | $29.0M | +38.8% |
| FY2020 | $20.9M | +32.4% |
| FY2019 | $15.8M | +5.9% |
| FY2018 | $14.9M | -5.4% |
| FY2017 | $15.8M | -39.7% |
| FY2016 | $26.2M | +153.0% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026