Upwork, Inc (UPWK) Consolidated Net Income (2017 - 2026)

Upwork (UPWK) posted quarterly Consolidated Net Income of $31.5 million for Q1 2026, down 16.49% year-over-year from $37.7 million in Q1 2025, and up 101.54% on a QoQ basis from $15.6 million in Q4 2025.

Upwork, Inc (UPWK) Consolidated Net Income (2017 - 2026) Analysis & Trends

Upwork (UPWK) has reported Consolidated Net Income for 10 consecutive years, with $31.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Consolidated Net Income fell 16.49% year-over-year to $31.5 million; the TTM figure through Mar 2026 stood at $109.2 million (down 53.48% YoY), while the FY2025 annual figure was $115.4 million, down 46.46% from the prior year.
  • Consolidated Net Income came in at $31.5 million for Q1 2026 at Upwork, up from $15.6 million in the prior quarter.
  • The five-year high for Consolidated Net Income was $147.1 million in Q4 2024, with the low at -$24.8 million in Q3 2022.
  • Average Consolidated Net Income over 5 years is $18.8 million, with a median of $17.4 million recorded in 2023.
  • Across the five-year window, Consolidated Net Income tumbled 215.74% in 2022 and surged 746.85% in 2024, its largest moves.
  • Year by year, Consolidated Net Income stood at -$16.5 million in 2022, then jumped by 205.3% to $17.4 million in 2023, then soared by 746.85% to $147.1 million in 2024, then plunged by 89.37% to $15.6 million in 2025, then surged by 101.54% to $31.5 million in 2026.
  • According to Business Quant data, Consolidated Net Income over the past three periods registered $31.5 million, $15.6 million, and $29.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 31.51 Mn
Dec 31, 2025 15.64 Mn
Sep 30, 2025 29.38 Mn
Jun 30, 2025 32.73 Mn
Mar 31, 2025 37.73 Mn
Dec 31, 2024 147.13 Mn
Sep 30, 2024 27.76 Mn
Jun 30, 2024 22.20 Mn
Mar 31, 2024 18.47 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
Sep 30, 2021 -9.31 Mn
Jun 30, 2021 -16.54 Mn