Latest headcount
630
YoY change
+5.0%
Headcount CAGR
+5.6%
Revenue / employee
$1.3M
Employee count history for Upwork
| Fiscal year | Employees |
|---|---|
| 2018 | 430 |
| 2019 | 570 |
| 2020 | 540 |
| 2021 | 650 |
| 2022 | 850 |
| 2023 | 800 |
| 2024 | 600 |
| 2025 | 630 |
Revenue per employee for Upwork
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 2018 | $589.2K |
| 2019 | $527.3K |
| 2020 | $691.9K |
| 2021 | $773.5K |
| 2022 | $727.4K |
| 2023 | $861.4K |
| 2024 | $1.3M |
| 2025 | $1.3M |
Earnings per employee for Upwork
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 2018 | -$46.3K |
| 2019 | -$29.2K |
| 2020 | -$42.3K |
| 2021 | -$86.5K |
| 2022 | -$105.7K |
| 2023 | $58.6K |
| 2024 | $359.3K |
| 2025 | $183.2K |
Employee count history for Upwork (UPWK)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 2025630+5.0%
- 2024600-25.0%
- 2023800-5.9%
- 2022850+30.8%
- 2021650+20.4%
- 2020540-5.3%
- 2019570+32.6%
- 2018430—
About Upwork's employee count
Upwork (UPWK) employed 630 people in fiscal year 2025, based on its most recent annual report. That headcount grew by +30 (+5.0%) from 600 a year earlier.
Across the 2018–2025 period, the company's reported workforce went from 430 to 630 employees — a compound annual growth rate (CAGR) of +5.6% per year.
Upwork generated about $1.3M of revenue and $183.2K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
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