Upwork (UPWK) Consolidated Net Income (2017 - 2026)
Upwork's Consolidated Net Income came in at $31.81 million for Q3 2026, up 8.4% from $29.34 million a year earlier and up 25.2% from the prior quarter.
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Analysis
Upwork (UPWK) Consolidated Net Income (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Upwork reported Consolidated Net Income of $104.31 million, down 57.8% year-over-year; for FY2025, it came in at $115.43 million, down 46.5% from FY2024.
- Going back by year, Consolidated Net Income was $215.59 million in FY2024 (+359.8%), $46.89 million in FY2023, -$89.89 million in FY2022 and -$56.24 million in FY2021.
- The Q3 2026 figure represents the highest quarterly Consolidated Net Income since Q2 2025.
- Year-over-year, Consolidated Net Income increased in five of the last eight quarters, with growth averaging 98.1%.
- The fastest year-over-year change in Consolidated Net Income over five years came in Q4 2024 (growth of 747.1%), and the weakest in Q4 2025 (a decline of 89.4%).
- Business Quant data shows UPWK's Consolidated Net Income at $25.4 million (Q2 2026), $31.46 million (Q1 2026) and $15.63 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 26.47 Bn |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 9.86 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 3.66 Bn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | 1.54 Bn |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | 462.00 Mn |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 569.00 Mn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 1.44 Bn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | 595.92 Mn |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 2.72 Bn |
| 10 | Upwork | 1.22 Bn | -951.96 Mn | 141.30 Mn | 31.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.81 Mn |
| Jun 30, 2026 | 25.40 Mn |
| Mar 31, 2026 | 31.46 Mn |
| Dec 31, 2025 | 15.63 Mn |
| Sep 30, 2025 | 29.34 Mn |
| Jun 30, 2025 | 32.73 Mn |
| Mar 31, 2025 | 37.71 Mn |
| Dec 31, 2024 | 147.17 Mn |
| Sep 30, 2024 | 27.76 Mn |
| Jun 30, 2024 | 22.20 Mn |
| Mar 31, 2024 | 18.44 Mn |
| Dec 31, 2023 | 17.37 Mn |
| Sep 30, 2023 | 16.34 Mn |
| Jun 30, 2023 | -3.99 Mn |
| Mar 31, 2023 | 17.17 Mn |
| Dec 31, 2022 | -16.50 Mn |
| Sep 30, 2022 | -24.83 Mn |
| Jun 30, 2022 | -23.82 Mn |
| Mar 31, 2022 | -24.74 Mn |
| Dec 31, 2021 | -22.56 Mn |
API Access
Upwork Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "UPWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();