Quick Answer
UPWORK, INC reported Total Revenue of $787.78 million for fiscal year 2025.
UPWORK, INC — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | $787.78M +2.4% |
$769.33M +11.6% |
$689.14M +11.5% |
$618.32M +23.0% |
$502.80M +34.6% |
$373.63M +24.3% |
| Revenue (ASC 606) | $787.78M +2.4% |
$769.33M +11.6% |
$689.14M +11.5% |
$618.32M +23.0% |
$502.80M +34.6% |
$373.63M +24.3% |
| Net Income | $115.42M -46.5% |
$215.59M +359.8% |
$46.89M +152.2% |
-$89.89M -59.8% |
-$56.24M -145.9% |
-$22.87M -37.3% |
| Diluted EPS | $0.84 -44.7% |
$1.52 +2433.3% |
$0.06 +108.7% |
-$0.69 -56.8% |
-$0.44 -131.6% |
-$0.19 -26.7% |
| Total Assets | $1.30B +7.3% |
$1.21B +16.8% |
$1.04B -4.0% |
$1.08B -0.1% |
$1.08B +104.3% |
$529.23M +18.6% |
| Cash and Equivalents | $294.36M -3.7% |
$305.76M +283.9% |
$79.64M -38.4% |
$129.38M -30.9% |
$187.21M | — |
| Long-Term Debt | $0.00 -100.0% |
$357.93M +0.5% |
$356.09M -36.9% |
$564.26M +0.5% |
$561.30M +17764.4% |
$3.14M -70.6% |
| Stockholders Equity | $630.32M +9.5% |
$575.38M +51.0% |
$381.07M +53.1% |
$248.88M -4.1% |
$259.52M -13.3% |
$299.31M +15.4% |
| R&D Expense | $185.54M -11.3% |
$209.28M +18.0% |
$177.36M +14.8% |
$154.55M +29.8% |
$119.08M +42.7% |
$83.47M +30.4% |
| Operating Income | $129.31M +98.3% |
$65.21M +679.1% |
-$11.26M +87.8% |
-$92.62M -70.8% |
-$54.22M -142.0% |
-$22.41M -19.6% |
| Gross Profit | $613.03M +3.0% |
$595.23M +14.8% |
$518.69M +13.3% |
$457.92M +24.7% |
$367.29M +36.4% |
$269.36M +26.8% |
| Shares Outstanding | 130.55M -3.5% |
135.35M -1.4% |
137.27M +3.7% |
132.37M +2.5% |
129.13M +3.5% |
124.80M +9.9% |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $201.73M | +4.1% | +3.5% |
| Revenue (ASC 606) | September 30, 2025 | $201.73M | +4.1% | +3.5% |
| Net Income | September 30, 2025 | $29.34M | +5.7% | -10.4% |
| Diluted EPS | September 30, 2025 | $0.21 | +5.0% | -12.5% |
| Total Assets | September 30, 2025 | $1.31B | +23.4% | +3.9% |
| Cash and Equivalents | September 30, 2025 | $260.84M | -9.6% | -10.4% |
| Long-Term Debt | September 30, 2025 | $0.00 | -100.0% | -100.0% |
| Stockholders Equity | September 30, 2025 | $628.13M | +52.8% | +3.2% |
| R&D Expense | September 30, 2025 | $47.49M | -5.8% | +5.9% |
| Operating Income | September 30, 2025 | $29.76M | +43.1% | -8.6% |
| Gross Profit | September 30, 2025 | $155.89M | +3.7% | +2.9% |
| Shares Outstanding | September 30, 2025 | 131.39M | -1.6% | -0.8% |
- UPWORK, INC reported Total Revenue of $787.78 million for fiscal year 2025.
- UPWORK, INC showed an increase of +2.4% in Total Revenue compared to the prior fiscal year.
- UPWORK, INC reported Revenue (ASC 606) of $787.78 million for fiscal year 2025.
- UPWORK, INC showed an increase of +2.4% in Revenue (ASC 606) compared to the prior fiscal year.
- UPWORK, INC reported Net Income of $115.42 million for fiscal year 2025.
- UPWORK, INC showed a decrease of -46.5% in Net Income compared to the prior fiscal year.
- UPWORK, INC reported Diluted EPS of $0.84 per share for fiscal year 2025.
- UPWORK, INC showed a decrease of -44.7% in Diluted EPS compared to the prior fiscal year.
- UPWORK, INC reported Total Assets of $1.30 billion for fiscal year 2025.
- UPWORK, INC showed an increase of +7.3% in Total Assets compared to the prior fiscal year.
- UPWORK, INC reported Cash and Equivalents of $294.36 million for fiscal year 2025.
- UPWORK, INC showed a decrease of -3.7% in Cash and Equivalents compared to the prior fiscal year.
- UPWORK, INC reported Long-Term Debt of $0.00 for fiscal year 2025.
- UPWORK, INC showed a decrease of -100.0% in Long-Term Debt compared to the prior fiscal year.
- UPWORK, INC reported Stockholders Equity of $630.32 million for fiscal year 2025.
- UPWORK, INC showed an increase of +9.5% in Stockholders Equity compared to the prior fiscal year.
- UPWORK, INC reported R&D Expense of $185.54 million for fiscal year 2025.
- UPWORK, INC showed a decrease of -11.3% in R&D Expense compared to the prior fiscal year.
- UPWORK, INC reported Operating Income of $129.31 million for fiscal year 2025.
- UPWORK, INC showed an increase of +98.3% in Operating Income compared to the prior fiscal year.
- UPWORK, INC reported Gross Profit of $613.03 million for fiscal year 2025.
- UPWORK, INC showed an increase of +3.0% in Gross Profit compared to the prior fiscal year.
- UPWORK, INC reported Shares Outstanding of 130.55 million shares for fiscal year 2025.
- UPWORK, INC showed a decrease of -3.5% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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