Upwork, Inc (UPWK) Gross Profit (2017 - 2026)

Upwork (UPWK) posted quarterly Gross Profit of $150.8 million for Q1 2026, little changed year-over-year from $150.9 million in Q1 2025, and down 2.52% on a QoQ basis from $154.7 million in Q4 2025.

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

Upwork (UPWK) has reported Gross Profit for 10 consecutive years, with $150.8 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Profit changed 0.04% year-over-year to $150.8 million; the TTM figure through Mar 2026 stood at $613.0 million (up 2.27% YoY), while the FY2025 annual figure was $613.0 million, up 2.99% from the prior year.
  • Gross Profit came in at $150.8 million for Q1 2026 at Upwork, down from $154.7 million in the prior quarter.
  • The five-year high for Gross Profit was $155.9 million in Q3 2025, with the low at $103.4 million in Q1 2022.
  • Average Gross Profit over 5 years is $137.4 million, with a median of $146.7 million recorded in 2024.
  • Across the five-year window, Gross Profit rose 27.38% in 2022 and slipped 0.04% in 2026, its largest moves.
  • Year by year, Gross Profit stood at $120.3 million in 2022, then increased by 14.78% to $138.1 million in 2023, then advanced by 7.8% to $148.8 million in 2024, then climbed by 3.96% to $154.7 million in 2025, then dropped by 2.52% to $150.8 million in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered $150.8 million, $154.7 million, and $155.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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