Upwork (UPWK) Gross Profit (2017 - 2026)
Upwork (UPWK) reported Gross Profit of $146.37 million for Q2 2026, down 3.4% from $151.51 million a year earlier and down 3.0% from the prior quarter.
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Upwork (UPWK) Gross Profit (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Upwork's Gross Profit came in at $607.84 million, up 1.0% year-over-year; for FY2025, it came in at $613.03 million, up 3.0% from FY2024.
- Gross Profit has increased for nine consecutive years, with a five-year compound annual growth rate of 17.9% (FY2020 to FY2025).
- By year, Gross Profit came in at $595.23 million in FY2024 (+14.8%), $518.69 million in FY2023 (+13.3%), $457.92 million in FY2022 (+24.7%) and $367.29 million in FY2021 (+36.4%).
- The Q2 2026 figure ranks as the lowest quarterly Gross Profit since Q4 2023.
- Year over year, Gross Profit gained in six of the last eight quarters, with growth averaging 3.7%.
- The high point for year-over-year Gross Profit in five years was Q3 2021 (growth of 32.9%); the low point was Q2 2026 (a decline of 3.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $150.84 million (Q1 2026), $154.74 million (Q4 2025) and $155.89 million (Q3 2025).
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Upwork Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "UPWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();