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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Ratios

Upwork (UPWK) EBITDA (2017 - 2026)

Upwork has reported EBITDA over the past 9 years, most recently at $15.5 million for Q4 2025.

  • For Q4 2025, EBITDA fell 89.38% year-over-year to $15.5 million; the TTM value through Dec 2025 reached $115.9 million, down 46.25%, while the annual FY2025 figure was $115.9 million, 46.25% down from the prior year.
  • EBITDA for Q4 2025 was $15.5 million at Upwork, down from $29.5 million in the prior quarter.
  • Over five years, EBITDA peaked at $146.2 million in Q4 2024 and troughed at -$27.6 million in Q1 2022.
  • A 5-year average of $11.6 million and a median of $16.2 million in 2023 define the central range for EBITDA.
  • Biggest five-year swings in EBITDA: crashed 3617.23% in 2021 and later surged 713.53% in 2024.
  • Year by year, EBITDA stood at -$23.1 million in 2021, then surged by 35.13% to -$15.0 million in 2022, then surged by 220.07% to $18.0 million in 2023, then surged by 713.53% to $146.2 million in 2024, then plummeted by 89.38% to $15.5 million in 2025.
  • Business Quant data shows EBITDA for UPWK at $15.5 million in Q4 2025, $29.5 million in Q3 2025, and $32.9 million in Q2 2025.