Upwork Inc. (UPWK)
13.38
-0.16 (-1.18%)
At close: Mar 11, 2025, 3:59 PM
13.75
2.78%
After-hours: Mar 11, 2025, 07:53 PM EDT
Upwork Income Statement
| Year | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
| Revenue | 769.33M | 689.14M | 618.32M | 502.8M | 373.63M | 300.56M | 253.35M | 202.55M | 164.44M |
| Cost of Revenue | 174.09M | 170.45M | 160.4M | 135.51M | 104.27M | 88.14M | 81.46M | 65.44M | 62.58M |
| Gross Profit | 595.23M | 518.69M | 457.92M | 367.29M | 269.36M | 212.42M | 171.9M | 137.11M | 101.87M |
| Operating Income | 65.21M | -11.26M | -92.62M | -54.22M | -22.41M | -18.73M | -11.71M | -3.12M | -14.47M |
| Interest Income | n/a | n/a | 3.48M | 1.4M | 291K | 1.2M | n/a | n/a | n/a |
| Pretax Income | 90.43M | 48.88M | -89.35M | -56.12M | -22.72M | -16.63M | -19.89M | -4.14M | -16.23M |
| Net Income | 215.59M | 46.89M | -89.89M | -56.24M | -22.87M | -16.66M | -19.91M | -4.12M | -16.23M |
| Selling & General & Admin | 314.01M | 339.61M | 370.83M | 296.38M | 204.74M | 163.22M | 122.3M | 90.38M | 72.88M |
| Research & Development | 209.28M | 177.36M | 154.55M | 119.08M | 83.47M | 64.03M | 55.49M | 45.6M | 37.9M |
| Other Expenses | 6.73M | 12.98M | 25.15M | 6.05M | 3.56M | 3.9M | -6.14M | -62K | -908K |
| Operating Expenses | 530.02M | 529.95M | 550.54M | 421.51M | 291.77M | 231.15M | 183.61M | 140.23M | 116.33M |
| Interest Expense | n/a | 1M | 4.48M | 2.18M | 778K | 1.31M | 2.04M | 960K | 858K |
| Selling & Marketing Expenses | 185.21M | 220.68M | 246.88M | 183.29M | 133.22M | 95.89M | 72.96M | 53.04M | 37.44M |
| Cost & Expenses | 704.12M | 700.4M | 710.94M | 557.01M | 396.04M | 319.29M | 265.07M | 205.68M | 178.91M |
| Income Tax | -125.16M | 1.99M | 536K | 122K | 150K | 28K | 15K | -22K | -1K |
| Shares Outstanding (Basic) | 133.62M | 134.77M | 130.52M | 127.16M | 118.7M | 109.81M | 52.33M | 95.93M | 95.93M |
| Shares Outstanding (Diluted) | 143.15M | 137.26M | 130.52M | 127.16M | 118.7M | 109.81M | 52.33M | 95.93M | 95.93M |
| EPS (Basic) | 1.61 | 0.35 | -0.69 | -0.44 | -0.19 | -0.15 | -0.38 | -0.04 | -0.17 |
| EPS (Diluted) | 1.51 | 0.34 | -0.69 | -0.44 | -0.19 | -0.15 | -0.38 | -0.04 | -0.17 |
| EBITDA | 65.21M | 1.46M | -81.49M | -40.13M | -7.91M | -5.88M | -12.9M | 1M | -6.91M |
| Depreciation & Amortization | n/a | 12.72M | 11.14M | 13.81M | 14.03M | 9.45M | 4.95M | 4.19M | 8.46M |