Upwork, Inc (UPWK) EBT (2017 - 2026)

Upwork (UPWK) posted quarterly EBT of $37.7 million for Q1 2026, down 16.21% year-over-year from $45.0 million in Q1 2025, and up 10.75% on a QoQ basis from $34.1 million in Q4 2025.

Upwork, Inc (UPWK) EBT (2017 - 2026) Analysis & Trends

Upwork (UPWK) has reported EBT for 10 consecutive years, with $37.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBT fell 16.21% year-over-year to $37.7 million; the TTM figure through Mar 2026 stood at $145.9 million (up 26.12% YoY), while the FY2025 annual figure was $153.2 million, up 69.39% from the prior year.
  • EBT came in at $37.7 million for Q1 2026 at Upwork, up from $34.1 million in the prior quarter.
  • The five-year high for EBT was $45.0 million in Q1 2025, with the low at -$24.8 million in Q3 2022.
  • Average EBT over 5 years is $14.2 million, with a median of $18.4 million recorded in 2024.
  • Across the five-year window, EBT slumped 216.05% in 2022 and soared 1196.58% in 2024, its largest moves.
  • Year by year, EBT stood at -$16.1 million in 2022, then surged by 198.49% to $15.8 million in 2023, then climbed by 16.15% to $18.4 million in 2024, then soared by 85.35% to $34.1 million in 2025, then climbed by 10.75% to $37.7 million in 2026.
  • According to Business Quant data, EBT over the past three periods registered $37.7 million, $34.1 million, and $35.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 37.71 Mn
Dec 31, 2025 34.05 Mn
Sep 30, 2025 35.68 Mn
Jun 30, 2025 38.44 Mn
Mar 31, 2025 45.01 Mn
Dec 31, 2024 18.37 Mn
Sep 30, 2024 28.88 Mn
Jun 30, 2024 23.40 Mn
Mar 31, 2024 19.77 Mn
Dec 31, 2023 15.82 Mn
Sep 30, 2023 17.23 Mn
Jun 30, 2023 -2.13 Mn
Mar 31, 2023 17.96 Mn
Dec 31, 2022 -16.06 Mn
Sep 30, 2022 -24.79 Mn
Jun 30, 2022 -23.79 Mn
Mar 31, 2022 -24.71 Mn
Dec 31, 2021 -22.49 Mn
Sep 30, 2021 -9.29 Mn
Jun 30, 2021 -16.52 Mn