Upwork Inc. Detailed Financials

Full historical quarterly statements

Metric2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue195.5M198.4M201.7M194.9M192.7M191.5M193.8M193.1M
Cost of Goods Sold44.6M43.7M45.8M43.4M41.8M42.6M43.4M43.9M
Gross Profit150.8M154.7M155.9M151.5M150.9M148.8M150.4M149.3M
R&D Expenses43.3M47.1M51.3M44.8M46.2M53.5M50.4M52.5M
Operating Expenses118.1M126.4M126.1M118.9M112.2M135.3M129.6M131.5M
Operating Income32.7M28.3M29.8M32.6M38.7M13.6M20.8M17.8M
Other Income / Gains5.0M5.8M5.9M5.9M6.3M4.8M8.1M5.6M
Net Income31.5M15.6M29.3M32.7M37.7M147.2M27.8M22.2M
EPS (Diluted)0.250.120.220.250.281.100.210.17
Reported CurrencyUSDUSDUSDUSDUSDUSDUSDUSD
Gross Profit Ratio0.7720.780.7730.7770.7830.7770.7760.773
General And Administrative Expenses35.2M41.7M39.4M35.7M28.0M35.6M31.3M29.9M
Selling And Marketing Expenses37.4M36.0M35.0M36.7M35.8M43.9M46.1M47.3M
Selling General And Administrative Expenses72.6M77.7M74.3M72.3M63.8M79.5M77.4M77.3M
Other Expenses2.2M1.7M493K1.8M2.3M2.2M1.8M1.8M
Cost And Expenses162.8M170.1M172.0M162.4M154.0M177.9M173.0M175.3M
Interest Income6.5M06.1M7.4M0000
Interest Expense700K00700K0000
Depreciation And Amortization9.5M7.2M4.1M6.1M5.1M5.9M3.2M4.5M
Ebitda42.2M41.3M39.8M38.6M43.8M19.5M24.0M22.3M
Ebitdaratio0.2160.2080.1970.1980.2270.1020.1240.115
Operating Income Ratio0.1670.1430.1480.1670.2010.0710.1070.092
Income Before Tax37.7M34.1M35.7M38.4M45.0M18.4M28.9M23.4M
Income Before Tax Ratio0.1930.1720.1770.1970.2340.0960.1490.121
Income Tax Expense6.2M18.4M6.3M5.7M7.3M-128.8M1.1M1.2M
Net Income Ratio0.1610.0790.1450.1680.1960.7690.1430.115
Epsdiluted0.240.110.210.240.271.030.200.17
Weighted Average Shs Out128.1M130.6M137.0M132.2M135.2M134.3M132.6M131.4M
Weighted Average Shs Out Dil135.7M139.4M139.7M140.2M142.8M143.1M139.3M138.3M