Growth Metrics

Upwork (UPWK) EBIT (2017 - 2025)

Upwork has reported EBIT over the past 9 years, most recently at $28.3 million for Q4 2025.

  • Quarterly results put EBIT at $28.3 million for Q4 2025, up 108.3% from a year ago — trailing twelve months through Dec 2025 was $129.3 million (up 98.31% YoY), and the annual figure for FY2025 was $129.3 million, up 98.31%.
  • EBIT for Q4 2025 was $28.3 million at Upwork, down from $29.8 million in the prior quarter.
  • Over the last five years, EBIT for UPWK hit a ceiling of $38.7 million in Q1 2025 and a floor of -$25.4 million in Q3 2022.
  • Median EBIT over the past 5 years was $1.2 million (2023), compared with a mean of $1.8 million.
  • Biggest five-year swings in EBIT: plummeted 3424.39% in 2021 and later surged 390.73% in 2024.
  • Upwork's EBIT stood at -$21.8 million in 2021, then increased by 6.08% to -$20.5 million in 2022, then surged by 141.15% to $8.4 million in 2023, then soared by 61.17% to $13.6 million in 2024, then soared by 108.3% to $28.3 million in 2025.
  • The last three reported values for EBIT were $28.3 million (Q4 2025), $29.8 million (Q3 2025), and $32.6 million (Q2 2025) per Business Quant data.