What is Upwork Inc.'s revenue?

Upwork Inc. (UPWK) generated $790.6M in revenue over the trailing twelve months, up 2.5% year over year.

Is Upwork Inc. profitable?

Upwork Inc. reported $109.2M in net income over the trailing twelve months, a 13.8% net margin.

What are Upwork Inc.'s profit margins?

Gross margin is 77.5% and operating margin is 15.6%, with a 13.8% net margin.

What is Upwork Inc.'s earnings per share?

Upwork Inc.'s diluted EPS over the trailing twelve months is $0.81.

Where does Upwork Inc.'s income statement data come from?

Every line is extracted from Upwork Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Upwork Inc. UPWK Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$787.78M+2.4%	$769.33M+11.6%	$689.14M+11.5%	$618.32M+23.0%
Total cost of revenue	$174.75M+0.4%	$174.09M+2.1%	$170.45M+6.3%	$160.4M+18.4%
Gross profit	$613.03M+3.0%	$595.23M+14.8%	$518.69M+13.3%	$457.92M+24.7%
Gross margin	77.8%+0.4pp	77.4%+2.1pp	75.3%+1.2pp	74.1%+1.0pp
Research and development	$185.54M-11.3%	$209.28M+18.0%	$177.36M+14.8%	$154.55M+29.8%
Selling and marketing	$143.41M-22.6%	$185.21M-16.1%	$220.68M-10.6%	$246.88M+34.7%
General and administrative	$146.63M+13.8%	$128.8M+8.3%	$118.93M-4.1%	$123.95M+9.6%
Total operating expenses	$483.73M-8.7%	$530.03M0.0%	$529.95M-3.7%	$550.54M+30.6%
Operating income	$129.31M+98.3%	$65.21M—	——	-$92.62M-70.8%
Operating margin	16.4%+7.9pp	8.5%—	——	-15%-4.2pp
Other income (expense), net	$23.87M-5.4%	$25.22M-58.1%	$60.14M+1,736%	$3.28M+272%
Income before income taxes	$153.18M+69.4%	$90.43M+85.0%	$48.88M+155%	-$89.35M-59.2%
Income tax expense	$37.75M+130%	-$125.16M—	——	$536K+339%
Net income	$115.43M-46.5%	$215.59M+360%	$46.89M+152%	-$89.89M-59.8%
Net margin	14.7%-13.4pp	28%+21.2pp	6.8%+21.3pp	-14.5%-3.4pp
Diluted earnings per share	$0.84-44.7%	$1.52+2,433%	$0.06+109%	-$0.69-60.5%
EBITDA	$155.02M+93.7%	$80.02M+1,335%	$5.58M+107%	-$84.57M—
EBITDA margin	19.7%+9.3pp	10.4%+9.6pp	0.8%+14.5pp	-13.7%—
EBIT	$129.31M+98.3%	$65.21M+1,784%	-$3.87M+95.8%	-$92.62M-70.8%

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Questions, answered.

What is Upwork Inc.'s revenue?: Upwork Inc. (UPWK) generated $790.6M in revenue over the trailing twelve months, up 2.5% year over year.
Is Upwork Inc. profitable?: Upwork Inc. reported $109.2M in net income over the trailing twelve months, a 13.8% net margin.
What are Upwork Inc.'s profit margins?: Gross margin is 77.5% and operating margin is 15.6%, with a 13.8% net margin.
What is Upwork Inc.'s earnings per share?: Upwork Inc.'s diluted EPS over the trailing twelve months is $0.81.
Where does Upwork Inc.'s income statement data come from?: Every line is extracted from Upwork Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.