TTM
$109.16M
YoY change
-46.5%
5Y CAGR
—
Peak year (2024)
$215.59M
Cumulative net income
$183.44M
Net Income history chart for Upwork (UPWK) from 2016 to 2025
Latest: $115.42M
Net Income growth chart for Upwork (UPWK) from 2016 to 2025
Latest: -46.5%
Net Income history table for Upwork (UPWK) from 2016 to 2025
| 2025 | $115.42M | -46.5% | −$100.16M | ||
| 2024 | $215.59M | +359.8% | +$168.70M | ||
| 2023 | $46.89M | -152.2% | +$136.77M | ||
| 2022 | −$89.89M | +59.8% | −$33.65M | ||
| 2021 | −$56.24M | +145.9% | −$33.37M | ||
| 2020 | −$22.87M | +37.3% | −$6.21M | ||
| 2019 | −$16.66M | -16.3% | +$3.25M | ||
| 2018 | −$19.91M | +382.8% | −$15.78M | ||
| 2017 | −$4.12M | -74.6% | +$12.11M | ||
| 2016 | −$16.23M | — | — |
- 2025$115.42M-46.5%
- 2024$215.59M+359.8%
- 2023$46.89M-152.2%
- 2022−$89.89M+59.8%
- 2021−$56.24M+145.9%
- 2020−$22.87M+37.3%
- 2019−$16.66M-16.3%
- 2018−$19.91M+382.8%
- 2017−$4.12M-74.6%
- 2016−$16.23M—
Net Income values are taken from Upwork's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Income at Upwork (UPWK)
According to Upwork's latest reported financial statements, the company's current net income (TTM) is $109.16M. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Upwork (UPWK) net income totalled $115.42M – plunged 46.5% year-over-year.
Upwork net income peaked at $215.59M in 2024; the latest annual figure is $115.42M in 2025 (46.5% below peak).
Across the available history, net income reached its high of $215.59M in 2024 and its low of −$89.89M in 2022.
Upwork Net Income by Year
Upwork Net Income 2025: $115.42M
Upwork posted net income of $115.42M in 2025, plunged 46.5% below 2024.
Upwork Net Income 2024: $215.59M
In 2024, Upwork reported net income of $215.59M, surged 359.8% from 2023. This figure represents the highest annual value in the available history.
Upwork Net Income 2023: $46.89M
Upwork net income in 2023 was $46.89M, plunged 152.2% below 2022.
Upwork Net Income 2022: −$89.89M
2022's net income for Upwork came in at −$89.89M, surged 59.8% from 2021. This figure represents the lowest annual value in the available history.
Upwork Net Income 2021: −$56.24M
Upwork net income in 2021 was −$56.24M.
See more financial history for Upwork (UPWK).
Sector peers by Net Income
Industrials peers of Upwork (UPWK), ranked by their latest net income
| $8.87B | |
| $8.70B | |
| $7.14B | |
| $6.73B | |
| $5.03B | |
| $4.09B | |
| $2.23B | |
| −$4.94B |
- $8.87B
- $8.70B
- $7.14B
- $6.73B
- $5.03B
- $4.09B
- $2.23B
- −$4.94B
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