Upwork Inc.

NASDAQ: UPWK · Real-Time Price · USD
13.79
0.09 (0.66%)
At close: Aug 15, 2025, 3:59 PM
13.80
0.07%
After-hours: Aug 15, 2025, 06:21 PM EDT

Upwork Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
769.33M 689.14M 618.32M 502.8M
Cost of Revenue
174.09M 170.45M 160.4M 135.51M
Gross Profit
595.23M 518.69M 457.92M 367.29M
Operating Income
65.21M -11.26M -92.62M -54.22M
Interest Income
n/a n/a n/a n/a
Pretax Income
90.43M 48.88M -89.35M -56.12M
Net Income
215.59M 46.89M -89.89M -56.24M
Selling & General & Admin
314.01M 339.61M 370.83M 296.38M
Research & Development
209.28M 177.36M 154.55M 119.08M
Other Expenses
6.73M 12.98M 25.15M 6.05M
Operating Expenses
530.02M 529.95M 550.54M 421.51M
Interest Expense
n/a 1M 4.48M 2.18M
Selling & Marketing Expenses
185.21M 220.68M 246.88M 183.29M
Cost & Expenses
697.39M 700.4M 710.94M 557.01M
Income Tax Expense
-125.16M 1.99M 536K 122K
Shares Outstanding (Basic)
133.62M 134.77M 130.52M 127.16M
Shares Outstanding (Diluted)
143.15M 137.26M 130.52M 127.16M
EPS (Basic)
1.61 0.35 -0.69 -0.44
EPS (Diluted)
1.52 0.34 -0.69 -0.44
EBITDA
82.86M 1.46M -81.49M -40.13M
EBIT
65.21M -11.26M -92.62M -53.94M
Depreciation & Amortization
17.65M 12.72M 11.14M 13.81M