Upland Software, Inc. (NASDAQ: UPLD) is a key player in the digital transformation space, offering cloud-based tools to enhance business operations. On May 12, 2025, Upland reported its Q1 earnings, revealing an EPS of $0.23, which exceeded the estimated $0.17. The company’s revenue also surpassed expectations, reaching $63.65 million against the anticipated $61.16 million.
Despite these positive earnings, Upland’s financial metrics indicate some challenges. The company experienced a 10% decline in total revenue compared to the same quarter in 2024, dropping from $70.7 million to $63.65 million. Subscription and support revenue also decreased by 10%, falling to $60.2 million from $67.1 million the previous year.
The company has a price-to-sales ratio is 0.29, suggesting the stock is trading at a low price relative to its sales. The enterprise value to sales ratio stands at 1.15, providing insight into its valuation compared to revenue. The company’s financial health is also reflected in its debt and liquidity metrics. Upland’s debt-to-equity ratio is 2.78, showing a higher level of debt compared to equity. The current ratio is 0.98, indicating potential challenges in meeting short-term liabilities with current assets. These figures suggest that while Upland has exceeded earnings expectations, it faces significant financial hurdles.
