Income Statement - UPWORK, INC (UPWK)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 787.78 | 769.33 | 689.14 | 618.32 | 502.80 | 373.63 | 300.56 | 253.35 | 202.55 | 164.45 |
| Cost of revenue | 174.75 | 174.09 | 170.45 | 160.40 | 135.51 | 104.27 | 88.14 | 81.46 | 65.44 | 62.58 |
| Gross profit | 613.03 | 595.23 | 518.69 | 457.92 | 367.29 | 269.36 | 212.42 | 171.90 | 137.11 | 101.87 |
| Total operating expenses | 483.73 | 530.03 | 529.95 | 550.54 | 421.51 | 291.77 | 231.15 | 183.61 | 140.23 | 116.34 |
| Operating income | 129.31 | 65.21 | -11.26 | -92.62 | -54.22 | -22.41 | -18.73 | -11.71 | -3.12 | -14.47 |
| Non-operating income (net) | 23.87 | 25.22 | 60.14 | 3.28 | -1.90 | -0.31 | 2.10 | -8.18 | -1.02 | -1.77 |
| Income before tax | 153.18 | 90.43 | 48.88 | -89.35 | -56.12 | -22.72 | -16.63 | -19.89 | -4.15 | -16.23 |
| Income tax expense | 37.75 | -125.16 | 1.99 | 0.54 | 0.12 | 0.15 | 0.03 | 0.02 | -0.02 | 0.00 |
| Net income | 115.43 | 215.59 | 46.89 | -89.89 | -56.24 | -22.87 | -16.66 | -19.91 | -4.12 | -16.23 |
Show Quarterly Income Statement
Income Statement - UPWORK, INC (UPWK)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 195.48 | 198.41 | 201.73 | 194.94 | 192.71 | 191.48 | 193.78 | 193.13 | 190.94 | 183.93 | 175.73 | 168.61 | 160.86 | 161.44 | 158.64 | 156.90 | 141.34 | 136.86 | 128.14 | 124.18 | 113.62 | 106.15 | 96.75 | 87.53 | 83.20 | 78.60 | 78.79 | 74.26 | 68.92 | 67.34 | 64.11 | 62.68 | 59.22 | 54.76 | 52.26 | 48.79 | 47.77 | 44.20 | 43.87 | 76.37 |
| Cost of revenue | 44.64 | 43.67 | 45.84 | 43.43 | 41.81 | 42.64 | 43.41 | 43.85 | 44.19 | 45.87 | 43.27 | 40.88 | 40.43 | 41.16 | 40.47 | 40.86 | 37.92 | 37.05 | 34.93 | 33.08 | 30.44 | 28.78 | 26.60 | 25.41 | 23.49 | 22.94 | 22.49 | 21.59 | 21.13 | 20.88 | 20.50 | 20.46 | 19.62 | 17.60 | 16.89 | 15.93 | 15.48 | 13.59 | 12.87 | 27.66 |
| Gross profit | 150.84 | 154.74 | 155.89 | 151.51 | 150.90 | 148.84 | 150.37 | 149.28 | 146.74 | 138.07 | 132.46 | 127.73 | 120.43 | 120.28 | 118.17 | 116.04 | 103.42 | 99.81 | 93.21 | 91.10 | 83.18 | 77.38 | 70.15 | 62.12 | 59.71 | 55.66 | 56.29 | 52.67 | 47.80 | 46.46 | 43.61 | 42.22 | 39.60 | 37.16 | 35.37 | 32.86 | 32.29 | 101.87 | 0.00 | 0.00 |
| Total operating expenses | 118.12 | 126.44 | 126.13 | 118.94 | 112.21 | 135.26 | 129.58 | 131.50 | 133.70 | 129.64 | 120.99 | 133.85 | 145.47 | 140.77 | 143.61 | 139.09 | 127.07 | 121.61 | 101.53 | 107.49 | 90.88 | 76.72 | 73.18 | 73.11 | 68.76 | 64.11 | 59.26 | 55.14 | 52.63 | 49.16 | 46.94 | 41.90 | 45.61 | 42.11 | 35.17 | 30.79 | 31.38 | 177.81 | 0.00 | 0.00 |
| Operating income | 32.72 | 28.29 | 29.76 | 32.57 | 38.69 | 13.58 | 20.79 | 17.78 | 13.05 | 8.43 | 11.47 | -6.12 | -25.04 | -20.48 | -25.44 | -23.05 | -23.65 | -21.81 | -8.32 | -16.40 | -7.70 | 0.66 | -3.03 | -10.98 | -9.05 | -8.45 | -2.97 | -2.48 | -4.83 | -2.70 | -3.33 | 0.33 | -6.01 | -4.95 | 0.20 | 2.04 | 0.81 | -13.37 | 0.00 | 0.00 |
| Non-operating income (net) | 4.99 | 5.76 | 5.92 | 5.88 | 6.32 | 4.79 | 8.09 | 5.62 | 6.72 | 7.39 | 5.77 | 3.98 | 43.00 | 4.42 | 0.66 | -0.75 | -1.06 | -0.69 | -0.97 | -0.13 | -0.12 | 0.36 | 0.30 | -0.01 | -0.96 | 1.38 | 0.15 | 0.48 | 0.11 | -2.66 | -4.01 | -0.73 | -0.78 | -0.32 | -0.46 | -0.18 | -0.12 | -2.87 | 0.00 | 0.00 |
| Income before tax | 37.71 | 34.05 | 35.68 | 38.44 | 45.01 | 18.37 | 28.88 | 23.40 | 19.77 | 15.82 | 17.23 | -2.13 | 17.96 | -16.06 | -24.79 | -23.79 | -24.71 | -22.49 | -9.29 | -16.52 | -7.82 | 1.02 | -2.73 | -10.99 | -10.01 | -7.08 | -2.83 | -2.00 | -4.73 | -5.36 | -7.35 | -0.40 | -6.79 | -5.27 | -0.26 | 1.86 | 0.69 | -16.23 | 0.00 | 0.00 |
| Income tax expense | 6.25 | 18.42 | 6.34 | 5.72 | 7.28 | -128.80 | 1.13 | 1.18 | 1.33 | -1.56 | 0.90 | 1.86 | 0.80 | 0.44 | 0.04 | 0.03 | 0.03 | 0.06 | 0.03 | 0.02 | 0.02 | 0.09 | 0.02 | 0.03 | 0.01 | -0.06 | 0.78 | 0.03 | 0.00 | 0.01 | -2.83 | 0.01 | 0.00 | -0.08 | 0.05 | 0.00 | 0.01 | 0.00 | -0.03 | 0.03 |
| Net income | 31.46 | 15.63 | 29.34 | 32.73 | 37.73 | 147.17 | 27.76 | 22.22 | 18.44 | 17.37 | 16.34 | -3.99 | 17.17 | -16.50 | -24.83 | -23.82 | -24.74 | -22.56 | -9.31 | -16.54 | -7.84 | 0.93 | -2.75 | -11.02 | -10.02 | -7.08 | -2.83 | -2.03 | -4.73 | -5.37 | -7.35 | -0.41 | -6.78 | -5.19 | -0.30 | 1.86 | 0.68 | -16.23 | 0.00 | 0.00 |