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Upwork Inc. (UPWK) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Communication Services · Internet Content & Information · DATA UPDATED 2026-07-10

Upwork Inc. (UPWK) operates in the Internet Content & Information industry and is headquartered in Palo Alto, United States with about 630 employees. Its market capitalization is roughly $1 billion. In the fiscal year ended 2025-12-31, UPWK reported $788M in revenue and $115M in net income.

Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally.

Interactive charts & full statements → Open the UPWK valuation workbench →

UPWK Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Revenue$788M$769M$689M$618M
Gross Profit$613M$595M$519M$458M
Operating Income (EBIT)$129M$65M($11M)($93M)
Net Income$115M$216M$47M($90M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

UPWK Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-31
Total Revenue$196M$198M$202M$195M$193M
Gross Profit$151M$155M$156M$152M$151M
Operating Income (EBIT)$33M$28M$30M$33M$39M
Net Income$32M$16M$29M$33M$38M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

UPWK Free Cash Flow History

UPWK Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$1.3B$1.2B$1.0B$1.1B
Total Liabilities$669M$636M$656M$831M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive UPWK viewer.

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