Upwork (UPWK) EBT (2017 - 2026)

Upwork's EBT history runs 10 years deep, the most recent figure standing at $37.7 million for 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 for Q1 2026 stood at $37.7 million, 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.
• The 5-year median for EBT is $18.4 million (2024), against an average of $14.2 million.
• The sharpest annual moves came in 2022 and 2024: EBT plunged 216.05% in 2022, then surged 1196.58% in 2024.
• Upwork's EBT stood at -$16.1 million in 2022, then jumped by 198.49% to $15.8 million in 2023, then increased by 16.15% to $18.4 million in 2024, then surged by 85.35% to $34.1 million in 2025, then increased by 10.75% to $37.7 million in 2026.
• Business Quant data shows UPWK's EBT at $37.7 million in Q1 2026, $34.1 million in Q4 2025, and $35.7 million in Q3 2025.