UPWK Financials

Income Statement
MetricQ1 2026Q4 2025Q3 2025Q2 2025Q1 2025
Revenue
195.5M
-1.5%
198.4M
-1.6%
201.7M
+3.5%
194.9M
+1.2%
192.7M
Cost of Revenue
44.6M
+2.2%
43.7M
-4.7%
45.8M
+5.6%
43.4M
+3.9%
41.8M
Gross Profit
150.8M
-2.5%
154.7M
-0.7%
155.9M
+2.9%
151.5M
+0.4%
150.9M
Operating Expenses
118.1M
-6.6%
126.4M
+0.2%
126.1M
+6.0%
118.9M
+6.0%
112.2M
R&D
43.3M
-8.0%
47.1M
-0.9%
47.5M
+5.9%
44.8M
-2.8%
46.2M
SG&A
72.6M
-6.5%
77.7M
+1.9%
76.2M
+5.4%
72.3M
+13.4%
63.8M
Operating Income
32.7M
+15.6%
28.3M
-4.9%
29.8M
-8.6%
32.6M
-15.8%
38.7M
EBITDA
41.8M
+18.4%
35.3M
-6.3%
37.7M
-1.9%
38.4M
-11.7%
43.6M
Net Income
31.5M
+101.2%
15.6M
-46.7%
29.3M
-10.4%
32.7M
-13.3%
37.7M
EPS (Basic)
$0.25
+108.3%
$0.12
-45.5%
$0.22
-12.0%
$0.25
-10.7%
$0.28
EPS (Diluted)
$0.24
+118.2%
$0.11
-47.6%
$0.21
-12.5%
$0.24
-11.1%
$0.27
Shares (Diluted)
135.7M
-3.1%
140.0M
+0.2%
139.7M
-0.4%
140.2M
-1.8%
142.8M
Upwork (UPWK) โ€” Financials