Upwork (UPWK) Income Statement (2017 - 2026)
Income Statement report data from Sep 30, 2017 to Mar 31, 2026 for Upwork (UPWK).
All data is split-adjusted. You can find the most accurate data from the reports on the SEC official website. We recommend verify information using official company filings before making investment decisions.
Reported currency: USD
| Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Sep 30, 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue and COGS | ||||||||||||||||||||||||||||||||||
Total Revenue | 195M (-1.48%) | 198M (-1.65%) | 202M (+3.48%) | 195M (+1.16%) | 193M (+0.64%) | 191M (-1.19%) | 194M (+0.34%) | 193M (+1.15%) | 191M (+3.81%) | 184M (+4.67%) | 176M (+4.22%) | 169M (+4.82%) | 161M (-0.36%) | 161M (+1.77%) | 159M (+1.11%) | 157M (+11.01%) | 141M (+3.27%) | 137M (+6.81%) | 128M (+3.19%) | 124M (+9.29%) | 114M (+7.04%) | 106M (+9.72%) | 97M (+10.53%) | 88M (+5.20%) | 83M (+3.62%) | 80M (+2.91%) | 78M (+5.75%) | 74M (+7.74%) | 68M (+1.69%) | 67M (+5.04%) | 64M (+2.28%) | 63M (+5.84%) | 59M (+13.32%) | 52M |
Cost Of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.90M | - | - | - | 900K | - | - | - | - | - | - | - | - |
Costof Goods And Services Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.90M | - | - | - | 900K | - | - | - | - | - | - | - | - |
Gross Profit | 151M (-2.52%) | 155M (-0.74%) | 156M (+2.89%) | 152M (+0.40%) | 151M (+1.38%) | 149M (-1.02%) | 150M (+0.73%) | 149M (+1.73%) | 147M (+6.28%) | 138M (+4.24%) | 132M (+3.70%) | 128M (+6.06%) | 120M (+0.12%) | 120M (+1.79%) | 118M (+1.84%) | 116M (+12.20%) | 103M (+3.62%) | 100M (+7.08%) | 93M (+2.32%) | 91M (+9.52%) | 83M (+7.50%) | 77M (+10.31%) | 70M (+12.93%) | 62M (+4.04%) | 60M (+4.12%) | 57M (+3.30%) | 56M (+6.36%) | 52M (+10.24%) | 47M (+1.92%) | 46M (+6.54%) | 44M (+3.29%) | 42M (+6.62%) | 40M (+11.96%) | 35M |
Operating Expenses | ||||||||||||||||||||||||||||||||||
Research And Development | 43M (-7.97%) | 47M (-0.91%) | 47M (+5.91%) | 45M (-2.84%) | 46M (-13.72%) | 53M (+6.11%) | 50M (-3.93%) | 52M (-0.85%) | 53M (+14.50%) | 46M (+6.45%) | 43M (+0.39%) | 43M (-2.77%) | 44M (+6.77%) | 42M (+7.10%) | 39M (+8.57%) | 36M (-6.11%) | 38M (+14.01%) | 33M (+8.42%) | 31M (+9.78%) | 28M (+5.67%) | 27M (+17.02%) | 23M (+9.17%) | 21M (+1.36%) | 21M (+6.20%) | 19M (+18.57%) | 16M (+0.68%) | 16M (+3.25%) | 16M (-0.63%) | 16M (+6.68%) | 15M (+2.99%) | 14M (+12.26%) | 13M (-5.04%) | 13M (+17.20%) | 12M |
Selling General And Administrative | 35M (-15.62%) | 42M (+0.99%) | 41M (+15.70%) | 36M (+27.13%) | 28M (-21.21%) | 36M (+13.81%) | 31M (+4.55%) | 30M (-6.50%) | 32M (0.00%) | 32M (+11.69%) | 29M (-1.14%) | 29M (-1.06%) | 29M (-2.63%) | 30M (-4.23%) | 31M (-5.73%) | 33M (+14.34%) | 29M (-6.33%) | 31M (+19.29%) | 26M (-19.38%) | 32M (+37.48%) | 24M (+26.85%) | 19M (+2.77%) | 18M (+5.56%) | 17M (-4.04%) | 18M (-15.66%) | 21M (+28.29%) | 16M (+17.14%) | 14M (-10.22%) | 16M (+2.82%) | 15M (+30.06%) | 12M (+4.37%) | 11M (+0.36%) | 11M (+24.92%) | 8.95M |
Operating Expenses | 118M (-6.58%) | 126M (+0.25%) | 126M (+6.05%) | 119M (+6.00%) | 112M (-17.04%) | 135M (+4.39%) | 130M (-1.47%) | 132M (-1.65%) | 134M (+3.13%) | 130M (+7.15%) | 121M (-9.61%) | 134M (-7.99%) | 145M (+3.35%) | 141M (-1.98%) | 144M (+3.25%) | 139M (+9.46%) | 127M (+4.49%) | 122M (+19.78%) | 102M (-5.54%) | 107M (+18.28%) | 91M (+18.46%) | 77M (+4.84%) | 73M (+0.10%) | 73M (+6.33%) | 69M (+7.05%) | 64M (+8.48%) | 59M (+7.48%) | 55M (+4.69%) | 53M (+7.04%) | 49M (+4.73%) | 47M (+12.03%) | 42M (-8.13%) | 46M (+29.68%) | 35M |
Depreciation And Amortization | 9.10M (-53.92%) | 20M (+2721.43%) | 700K (+75.00%) | 400K (-91.77%) | 4.86M (-53.13%) | 10M (+1381.43%) | 700K (+16.67%) | 600K (-80.95%) | 3.15M (-55.94%) | 7.15M (+921.43%) | 700K (-12.50%) | 800K (0.00%) | 800K (-85.87%) | 5.66M (+607.50%) | 800K (0.00%) | 800K (0.00%) | 800K (-11.11%) | 900K (+12.50%) | 800K (-20.00%) | 1.00M (0.00%) | 1.00M (-9.09%) | 1.10M (+10.00%) | 1.00M (+25.00%) | 800K (+14.29%) | 700K (0.00%) | 700K (0.00%) | 700K (+16.67%) | 600K (-25.00%) | 800K (+14.29%) | 700K (+16.67%) | 600K (+20.00%) | 500K (+25.00%) | 400K (0.00%) | 400K |
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Income | 33M (+15.66%) | 28M (-4.94%) | 30M (-8.63%) | 33M (-15.82%) | 39M (+184.90%) | 14M (-34.68%) | 21M (+16.93%) | 18M (+36.25%) | 13M (+54.80%) | 8.43M (-26.50%) | 11M | -6.12M (-75.56%) | -25.04M (+22.27%) | -20.48M (-19.50%) | -25.44M (+10.37%) | -23.05M (-2.54%) | -23.65M (+8.44%) | -21.81M (+162.14%) | -8.32M (-49.24%) | -16.39M (+112.86%) | -7.70M | 660K | -3.03M (-72.40%) | -10.98M (+21.33%) | -9.05M (+31.54%) | -6.88M (+86.45%) | -3.69M (+27.24%) | -2.90M (-44.87%) | -5.26M (+94.81%) | -2.70M (-18.92%) | -3.33M | 330K | -6.01M | 200K |
Ebit | 33M (+15.66%) | 28M (-4.94%) | 30M (-8.63%) | 33M (-15.82%) | 39M (+184.90%) | 14M (-34.68%) | 21M (+16.93%) | 18M (+36.25%) | 13M (+54.80%) | 8.43M (-26.50%) | 11M | -6.12M (-75.56%) | -25.04M (+22.27%) | -20.48M (-19.50%) | -25.44M (+10.37%) | -23.05M (-2.54%) | -23.65M (+8.44%) | -21.81M (+162.14%) | -8.32M (-49.24%) | -16.39M (+112.86%) | -7.70M | 660K | -3.03M (-72.40%) | -10.98M (+21.33%) | -9.05M (+31.54%) | -6.88M (+86.45%) | -3.69M (+27.24%) | -2.90M (-44.87%) | -5.26M (+94.81%) | -2.70M (-18.92%) | -3.33M | 330K | -6.01M | 200K |
EBITDA | 42M (-12.95%) | 48M (+57.72%) | 30M (-7.61%) | 33M (-24.29%) | 44M (+81.84%) | 24M (+11.45%) | 21M (+16.92%) | 18M (+13.46%) | 16M (+3.98%) | 16M (+28.02%) | 12M | -5.32M (-78.05%) | -24.24M (+63.56%) | -14.82M (-39.85%) | -24.64M (+10.74%) | -22.25M (-2.63%) | -22.85M (+9.28%) | -20.91M (+178.06%) | -7.52M (-51.14%) | -15.39M (+129.70%) | -6.70M | 1.76M | -2.03M (-80.06%) | -10.18M (+21.92%) | -8.35M (+35.11%) | -6.18M (+106.69%) | -2.99M (+30.00%) | -2.30M (-48.43%) | -4.46M (+123.00%) | -2.00M (-26.74%) | -2.73M | 830K | -5.61M | 600K |
Other Income / Expenses | ||||||||||||||||||||||||||||||||||
Interest Income | 5.80M (-14.71%) | 6.80M (0.00%) | 6.80M (+1.49%) | 6.70M (-5.63%) | 7.10M (+10.94%) | 6.40M (-16.88%) | 7.70M (+24.19%) | 6.20M (-19.48%) | 7.70M (-68.44%) | 24M | - | - | - | 7.90M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense | - | - | - | - | - | - | - | - | - | -2.52M | 710K (0.00%) | 710K (-35.45%) | 1.10M (-1.79%) | 1.12M (0.00%) | 1.12M (0.00%) | 1.12M (-0.88%) | 1.13M (0.00%) | 1.13M (+50.67%) | 750K (+581.82%) | 110K (-45.00%) | 200K (+42.86%) | 140K (-6.67%) | 150K (-42.31%) | 260K (+13.04%) | 230K (-11.54%) | 260K (-18.75%) | 320K (-11.11%) | 360K (-2.70%) | 370K (+2.78%) | 360K (-38.98%) | 590K (+5.36%) | 560K (+5.66%) | 530K (+165.00%) | 200K |
Net Interest Income | 5.80M (-14.71%) | 6.80M (0.00%) | 6.80M (+1.49%) | 6.70M (-5.63%) | 7.10M (+10.94%) | 6.40M (-16.88%) | 7.70M (+24.19%) | 6.20M (-19.48%) | 7.70M (-71.41%) | 27M | -710.00K (0.00%) | -710.00K (-35.45%) | -1.10M | 6.78M | -1.12M (0.00%) | -1.12M (0.00%) | -1.12M (0.00%) | -1.12M (+49.33%) | -750.00K (+581.82%) | -110.00K (-45.00%) | -200.00K (+42.86%) | -140.00K (-6.67%) | -150.00K (-42.31%) | -260.00K (+13.04%) | -230.00K (-11.54%) | -260.00K (-18.75%) | -320.00K (-11.11%) | -360.00K (-2.70%) | -370.00K (+2.78%) | -360.00K (-38.98%) | -590.00K (+5.36%) | -560.00K (+5.66%) | -530.00K (+165.00%) | -200.00K |
Other Non Operating Income | 4.99M (-79.10%) | 24M (+303.21%) | 5.92M (+0.68%) | 5.88M (-6.96%) | 6.32M (-74.94%) | 25M (+211.74%) | 8.09M (+43.95%) | 5.62M (-16.37%) | 6.72M (-88.83%) | 60M (+942.29%) | 5.77M (+44.97%) | 3.98M (-90.74%) | 43M (+1210.98%) | 3.28M (+85.31%) | 1.77M (+365.79%) | 380K (+442.86%) | 70K | -1.90M (+763.64%) | -220.00K (+1000.00%) | -20.00K | 80K (-82.98%) | 470K (+4.44%) | 450K (+80.00%) | 250K | -730.00K | 3.41M (+641.30%) | 460K (-44.58%) | 830K (+72.92%) | 480K | -6.14M (+79.53%) | -3.42M (+1911.76%) | -170.00K (-32.00%) | -250.00K (-3.85%) | -260.00K |
Net Income | ||||||||||||||||||||||||||||||||||
Income Before Tax | 38M (+10.75%) | 34M (-4.54%) | 36M (-7.21%) | 38M (-14.60%) | 45M (+145.02%) | 18M (-36.39%) | 29M (+23.42%) | 23M (+18.36%) | 20M (+24.97%) | 16M (-8.18%) | 17M | -2.13M | 18M | -16.06M (-35.22%) | -24.79M (+4.20%) | -23.79M (-3.72%) | -24.71M (+9.87%) | -22.49M (+142.35%) | -9.28M (-43.83%) | -16.52M (+111.25%) | -7.82M | 1.02M | -2.73M (-75.16%) | -10.99M (+9.79%) | -10.01M (+82.00%) | -5.50M (+54.93%) | -3.55M (+46.69%) | -2.42M (-53.10%) | -5.16M (-3.73%) | -5.36M (-27.07%) | -7.35M (+1737.50%) | -400.00K (-94.11%) | -6.79M (+2511.54%) | -260.00K |
Income Tax Expense | 6.25M (-66.07%) | 18M (+190.54%) | 6.34M (+10.84%) | 5.72M (-21.43%) | 7.28M | -128.79M | 1.13M (-4.24%) | 1.18M (-11.28%) | 1.33M | -1.56M | 900K (-51.61%) | 1.86M (+132.50%) | 800K (+81.82%) | 440K (+1000.00%) | 40K (+33.33%) | 30K (0.00%) | 30K (-50.00%) | 60K (+100.00%) | 30K (+50.00%) | 20K (0.00%) | 20K (-77.78%) | 90K (+350.00%) | 20K (-33.33%) | 30K (+200.00%) | 10K | - | - | 30K | - | 10K | - | 10K | - | 50K |
Net Income From Continuing Operations | 31M (+101.28%) | 16M (-46.73%) | 29M (-10.36%) | 33M (-13.25%) | 38M (-74.36%) | 147M (+430.15%) | 28M (+24.93%) | 22M (+20.50%) | 18M (+6.16%) | 17M (+6.30%) | 16M | -3.99M | 17M | -16.50M (-33.55%) | -24.83M (+4.24%) | -23.82M (-3.72%) | -24.74M (+9.66%) | -22.56M (+142.32%) | -9.31M (-43.71%) | -16.54M (+111.24%) | -7.83M | 930K | -2.75M (-75.05%) | -11.02M (+9.98%) | -10.02M (+82.18%) | -5.50M (+54.93%) | -3.55M (+44.90%) | -2.45M (-52.52%) | -5.16M (-3.73%) | -5.36M (-27.07%) | -7.35M (+1692.68%) | -410.00K (-93.95%) | -6.78M (+2160.00%) | -300.00K |
Net Income | 31M (+101.28%) | 16M (-46.73%) | 29M (-10.36%) | 33M (-13.25%) | 38M (-74.36%) | 147M (+430.15%) | 28M (+24.93%) | 22M (+20.50%) | 18M (+6.16%) | 17M (+6.30%) | 16M | -3.99M | 17M | -16.50M (-33.55%) | -24.83M (+4.24%) | -23.82M (-3.72%) | -24.74M (+9.66%) | -22.56M (+142.32%) | -9.31M (-43.71%) | -16.54M (+111.24%) | -7.83M | 930K | -2.75M (-75.05%) | -11.02M (+9.98%) | -10.02M (+82.18%) | -5.50M (+54.93%) | -3.55M (+44.90%) | -2.45M (-52.52%) | -5.16M (-3.73%) | -5.36M (-27.07%) | -7.35M (+1692.68%) | -410.00K (-93.95%) | -6.78M (+2160.00%) | -300.00K |
Comprehensive Income Net Of Tax | 31M (-73.39%) | 116M (+293.22%) | 29M (-10.40%) | 33M (-13.44%) | 38M (-82.37%) | 216M (+630.77%) | 30M (+33.65%) | 22M (+23.70%) | 18M (-64.43%) | 50M (+198.51%) | 17M | -3.69M | 19M | -92.44M (+274.86%) | -24.66M (-2.22%) | -25.22M (-8.59%) | -27.59M (-51.42%) | -56.79M (+509.33%) | -9.32M (-43.65%) | -16.54M (+110.43%) | -7.86M (-65.65%) | -22.88M | - | - | - | - | - | - | - | - | - | - | - | - |