Upwork Inc.
UPWKNASDAQIndustrials● Active
$8.67
$-0.09(-1.03%)
Market Cap$1.1B
P/E Ratio—
52W High$22.84
52W Low$7.44
Upwork Inc. (UPWK) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · UPWK · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $0.79B | $0.77B | $0.69B | $0.62B | $0.50B |
| Cost of Revenue | $0.17B | $0.17B | $0.17B | $0.16B | $0.14B |
| Gross Profit | $0.61B | $0.60B | $0.52B | $0.46B | $0.37B |
| Gross Margin %(computed) | 77.82% | 77.37% | 75.27% | 74.06% | 73.05% |
| Operating Expenses | |||||
| R&D Expenses | $0.19B | $0.21B | $0.18B | $0.15B | $0.12B |
| G&A Expenses | $0.14B | $0.13B | $0.12B | $0.12B | $0.11B |
| Total Operating Expenses | $0.48B | $0.53B | $0.53B | $0.55B | $0.42B |
| Operating Income | $0.13B | $0.07B | ($0.01B) | ($0.09B) | ($0.05B) |
| Operating Margin %(computed) | 16.41% | 8.48% | -1.63% | -14.98% | -10.78% |
| Interest Income | $0.01B | $0.03B | $0.00B | $0.00B | $0.00B |
| Interest Expense | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Income Before Tax | $0.15B | $0.09B | $0.05B | ($0.09B) | ($0.06B) |
| Income Tax Expense | $0.04B | ($0.13B) | $0.00B | $0.00B | $0.00B |
| Net Income | $0.12B | $0.22B | $0.05B | ($0.09B) | ($0.06B) |
| Net Margin %(computed) | 14.65% | 28.02% | 6.80% | -14.54% | -11.19% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $0.87 | $1.61 | $0.35 | $-0.69 | $-0.44 |
| Wtd Avg Shares | 0.13B | 0.13B | 0.13B | 0.13B | 0.13B |
| EBITDA | $0.16B | $0.08B | $0.00B | ($0.08B) | ($0.04B) |
| EBITDA Margin %(computed) | 20.75% | 10.77% | 0.21% | -13.18% | -7.98% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About Upwork Inc. (UPWK) Income Statement
Upwork Inc. (UPWK) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, UPWK reported revenue of $0.79B, gross profit of $0.61B (gross margin 77.82%), and net income of $0.12B — a net profit margin of 14.65%.
Frequently asked questions
UPWK · 4 questionsUpwork Inc. (UPWK) reported revenue of $0.79B for 2025, up 2.4% year-over-year.
UPWK revenueUPWK salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08