Upwork (UPWK) EBIT (2017 - 2026)

Upwork's EBIT history runs 10 years deep, the most recent figure standing at $32.7 million for Q1 2026.

• In Q1 2026, EBIT fell 15.44% year-over-year to $32.7 million; the TTM figure through Mar 2026 stood at $123.3 million (up 35.76% YoY), while the FY2025 annual figure was $129.3 million, up 98.31% from the prior year.
• EBIT for Q1 2026 stood at $32.7 million, up from $28.3 million in the prior quarter.
• The five-year high for EBIT was $38.7 million in Q1 2025, with the low at -$25.4 million in Q3 2022.
• The 5-year median for EBIT is $13.0 million (2024), against an average of $7.3 million.
• The sharpest annual moves came in 2022 and 2024: EBIT sank 207.29% in 2022, then surged 390.73% in 2024.
• Upwork's EBIT stood at -$20.5 million in 2022, then soared by 141.15% to $8.4 million in 2023, then jumped by 61.17% to $13.6 million in 2024, then jumped by 108.3% to $28.3 million in 2025, then rose by 15.64% to $32.7 million in 2026.
• Business Quant data shows UPWK's EBIT at $32.7 million in Q1 2026, $28.3 million in Q4 2025, and $29.8 million in Q3 2025.