Growth Metrics

Upwork (UPWK) EBITDA (2017 - 2025)

Historic EBITDA for Upwork (UPWK) over the last 9 years, with Q3 2025 value amounting to $29.5 million.

  • Upwork's EBITDA fell 10.51% to $29.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $246.6 million, marking a year-over-year increase of 18212.43%. This contributed to the annual value of $215.6 million for FY2024, which is 32976.86% up from last year.
  • According to the latest figures from Q3 2025, Upwork's EBITDA is $29.5 million, which was down 10.51% from $32.9 million recorded in Q2 2025.
  • In the past 5 years, Upwork's EBITDA ranged from a high of $146.2 million in Q4 2024 and a low of -$27.6 million during Q1 2022
  • Its 5-year average for EBITDA is $11.4 million, with a median of $16.8 million in 2023.
  • As far as peak fluctuations go, Upwork's EBITDA crashed by 361722.56% in 2021, and later skyrocketed by 71353.22% in 2024.
  • Over the past 5 years, Upwork's EBITDA (Quarter) stood at -$23.1 million in 2021, then soared by 35.13% to -$15.0 million in 2022, then skyrocketed by 220.07% to $18.0 million in 2023, then skyrocketed by 713.53% to $146.2 million in 2024, then plummeted by 79.84% to $29.5 million in 2025.
  • Its EBITDA stands at $29.5 million for Q3 2025, versus $32.9 million for Q2 2025 and $38.0 million for Q1 2025.