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Upwork (UPWK) Income Statement

Upwork Income Statement

Last quarter (Q2 2026), Upwork's total revenue was $191.66M, a decrease of 1.68% from the same quarter last year. In Q2, Upwork's net income was $25.40M. See Upwork’s key income statements, including revenue, expenses, profit, and income.

Income Statement
Income StatementDec 25Dec 24Dec 23Dec 22Dec 21
$ 787.78M$ 769.33M$ 689.14M$ 618.32M$ 502.80M
$ 613.03M$ 595.23M$ 518.69M$ 457.92M$ 367.29M
$ 483.73M$ 530.02M$ 529.95M$ 550.54M$ 421.51M
Depreciation and Amortization$ 26.45M$ 17.65M$ 12.72M$ 11.14M$ 13.81M
$ 167.43M$ 110.78M$ 61.59M$ -73.73M$ -40.13M
$ 129.31M$ 65.21M$ -11.26M$ -92.62M$ -54.22M
$ 23.87M$ 25.22M$ 60.14M$ 3.27M$ -1.90M
$ 153.18M$ 90.43M$ 48.88M$ -89.35M$ -56.12M
$ 115.42M$ 215.59M$ 46.89M$ -89.89M$ -56.24M
Per Share Metrics
Basic EPS$ 0.87$ 1.61$ 0.35$ -0.69$ -0.44
Diluted EPS$ 0.83$ 1.52$ 0.34$ -0.69$ -0.44
Weighted Average Shares Outstanding130.62M133.62M134.77M130.52M127.16M
Weighted Average Shares Outstanding (Diluted)139.41M143.15M137.26M130.52M127.16M

Currency in USD

Upwork Earnings and Revenue History

-500M0500M1B-20 %0 %20 %40 %EarningsProfit Margin201720182019202020212022202320242025RevenueEarningsProfit Margin