Meridian Holdings vs Upland Software
Upland Software is the larger business, with $217m of revenue in fiscal 2025 against $183m for Meridian Holdings (1.2 times as much). Meridian Holdings grew faster (21.0% against -21.1%). Upland Software kept more of each dollar of sales as profit: a net margin of -17.9% against -50.3%.
| Latest fiscal year | Meridian HoldingsMRDN, 2025 | Upland SoftwareUPLD, 2025 |
|---|---|---|
| Revenue | $183m | $217m |
| Revenue growth | 21.0% | -21.1% |
| Net income | −$92.0m | −$38.9m |
| Operating margin | — | — |
| Net margin | -50.3% | -17.9% |
| Return on equity | -121.3% | — |
| Free cash flow | $19.2m | $24.4m |
| Cash | $18.1m | $29.4m |
| Total debt | $17.2m | $240m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | 0.0% | — |
| Share buybacks | $3.0m | — |
| Employees | — | 760 |
| Market value | $122m | $12.2m |
| Price vs our value range | Below our value range | — |
| Moat score | — | 45 (Weak) |
| Insider trades, 12 months | 4 buys, 39 sales | 0 buys, 6 sales |