Last quarter (Q4 2023), Upwork's total revenue was $183.93M, an increase of 13.93% from the same quarter last year. In Q4, Upwork's net income was $17.37M. See Upwork’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 689.14M	$ 689.14M	$ 618.32M	$ 502.80M	$ 373.63M	$ 300.56M
Cost of Revenue	$ 170.45M	$ 170.45M	$ 160.40M	$ -135.51M	$ 104.27M	$ 88.14M
Gross Profit	$ 518.69M	$ 518.69M	$ 457.92M	$ 367.29M	$ 269.36M	$ 212.42M
Operating Expense	$ 529.95M	$ 529.95M	$ 550.54M	$ -421.51M	$ 291.77M	$ 231.15M
Operating Income	$ -6.17M	$ -11.26M	$ -92.62M	$ -54.22M	$ -22.41M	$ -18.73M
Net Non Operating Interest Income Expense	$ 24.79M	$ 24.79M	$ -4.48M	$ -2.18M	$ -778.00K	$ -1.31M
Other Income Expense	$ -60.14M	$ -60.14M	$ -7.76M	$ -279.00K	$ 469.00K	$ 3.41M
Pretax Income	$ 48.88M	$ 48.88M	$ -89.35M	$ -56.12M	$ -22.72M	$ -16.63M
Tax Provision	$ 1.99M	$ 1.99M	$ 536.00K	$ 122.00K	$ 150.00K	$ 28.00K
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 50.12M	$ 46.89M	$ -39.58M	$ -56.24M	$ -22.87M	$ -16.66M
Basic EPS	-	-	-	-	-	-
Diluted EPS	-	-	-	-	-	-
Basic Average Shares	-	-	-	-	-	-
Diluted Average Shares	-	-	-	-	-	-
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 700.40M	$ 700.40M	$ 710.94M	$ -557.01M	$ 396.04M	$ 319.29M
Net Income From Continuing And Discontinued Operation	$ 46.89M	$ 46.89M	$ -89.89M	$ -56.24M	$ -22.87M	$ -16.66M
Normalized Income	$ 40.10M	$ 55.43M	$ -57.47M	-	$ -22.87M	$ -16.66M
Interest Expense	-	-	-	-	$ 778.00K	$ 1.31M
EBIT	$ 24.48M	$ 24.48M	$ -84.87M	$ -53.94M	$ -21.94M	$ -15.32M
EBITDA	$ 24.86M	$ 24.86M	$ -72.25M	$ -38.65M	$ -7.91M	$ -4.72M

Currency in USD

Upwork Earnings and Revenue History

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