Upwork (UPWK) Net Income (2017 - 2026)

Upwork's Net Income history runs 10 years deep, the most recent figure standing at $31.5 million for Q1 2026.

• In Q1 2026, Net Income fell 16.49% year-over-year to $31.5 million; the TTM figure through Mar 2026 stood at $109.2 million (down 53.48% YoY), while the FY2025 annual figure was $115.4 million, down 46.46% from the prior year.
• Net Income was $31.5 million for Q1 2026 at Upwork, up from $15.6 million in the prior quarter.
• In the past five years, Net Income ranged from a high of $147.1 million in Q4 2024 to a low of -$24.8 million in Q3 2022.
• Historically, Net Income has averaged $18.8 million across 5 years, with a median of $17.4 million in 2023.
• The sharpest annual moves came in 2022 and 2024: Net Income slumped 215.74% in 2022, then surged 746.85% in 2024.
• A 5-year view of Net Income shows it stood at -$16.5 million in 2022, then jumped by 205.3% to $17.4 million in 2023, then soared by 746.85% to $147.1 million in 2024, then tumbled by 89.37% to $15.6 million in 2025, then surged by 101.54% to $31.5 million in 2026.
• The last three Net Income figures came in at $31.5 million (Q1 2026), $15.6 million (Q4 2025), and $29.4 million (Q3 2025), per Business Quant data.