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 QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$790.56M+2.5%	$787.78M+2.4%	$780.86M+2.5%	$772.9M+3.9%	$771.09M+7.2%
Total cost of revenue	$177.59M+3.4%	$174.75M+0.4%	$173.72M-2.0%	$171.29M-3.3%	$171.71M-1.4%
Gross profit	$612.97M+2.3%	$613.03M+3.0%	$607.14M+3.9%	$601.62M+6.2%	$599.39M+10.0%
Gross margin	77.5%-0.2pp	77.8%+0.4pp	77.8%+1.0pp	77.8%+1.7pp	77.7%+2.0pp
Research and development	$182.7M-9.8%	$185.54M-11.3%	$191.98M-5.0%	$194.9M-0.1%	$202.52M+9.0%
Selling and marketing	$145.1M-16.2%	$143.41M-22.6%	$151.34M-20.6%	$162.45M-15.3%	$173.11M-14.9%
General and administrative	$153.74M+23.1%	$146.63M+13.8%	$140.57M+12.3%	$130.59M+6.5%	$124.85M+2.6%
Total operating expenses	$489.64M-3.7%	$483.73M-8.7%	$492.54M-6.1%	$495.99M-3.8%	$508.54M-1.9%
Operating income	$123.34M+35.8%	$129.31M+98.3%	$114.6M—	$105.63M—	$90.85M—
Operating margin	15.6%+3.8pp	16.4%+7.9pp	14.7%—	13.7%—	11.8%—
Other income (expense), net	$22.54M-9.2%	$23.87M-5.4%	$22.9M-17.7%	$25.07M-1.7%	$24.82M+4.0%
Income before income taxes	$145.88M+26.1%	$153.18M+69.4%	$137.5M+56.5%	$130.71M+71.5%	$115.66M+128%
Income tax expense	$36.72M+131%	$37.75M+130%	-$109.46M—	-$114.68M—	-$119.21M—
Net income	$109.16M-53.5%	$115.43M-46.5%	$246.96M+188%	$245.38M+230%	$234.87M+388%
Net margin	13.8%-16.7pp	14.7%-13.4pp	31.6%+20.4pp	31.7%+21.7pp	30.5%+23.8pp
Diluted earnings per share	$0.81-51.2%	$0.84-44.7%	$1.74+181%	$1.73+220%	$1.66+388%
EBITDA	$153.28M+42.8%	$155.02M+93.7%	$137.65M+71.5%	$124.41M+78.7%	$107.38M+142%
EBITDA margin	19.4%+5.5pp	19.7%+9.3pp	17.6%+7.1pp	16.1%+6.7pp	13.9%+7.7pp
EBIT	$123.34M+35.8%	$129.31M+98.3%	$114.6M+69.9%	$105.63M+81.8%	$90.85M+166%

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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.