Upwork (UPWK) Profit After Tax (2017 - 2026)
Upwork (UPWK) posted quarterly Profit After Tax of $31.5 million for Q1 2026, down 16.62% year-over-year from $37.7 million in Q1 2025, and up 95.12% quarter-over-quarter from $16.1 million in Q4 2025.
Analysis
Upwork (UPWK) Profit After Tax (2017 - 2026) Analysis & Trends
Upwork's Profit After Tax history runs 10 years deep, the most recent figure standing at $31.5 million for Q1 2026.
- In Q1 2026, Profit After Tax fell 16.62% year-over-year to $31.5 million; the TTM figure through Mar 2026 stood at $109.8 million (down 53.05% YoY), while the FY2025 annual figure was $115.9 million, down 46.25% from the prior year.
- Profit After Tax for Q1 2026 stood at $31.5 million, up from $16.1 million in the prior quarter.
- The five-year high for Profit After Tax was $146.2 million in Q4 2024, with the low at -$24.7 million in Q1 2022.
- The 5-year median for Profit After Tax is $18.0 million (2023), against an average of $19.1 million.
- The sharpest annual moves came in 2022 and 2024: Profit After Tax sank 215.74% in 2022, then jumped 713.53% in 2024.
- Upwork's Profit After Tax stood at -$12.4 million in 2022, then surged by 244.81% to $18.0 million in 2023, then surged by 713.53% to $146.2 million in 2024, then plunged by 88.97% to $16.1 million in 2025, then jumped by 95.12% to $31.5 million in 2026.
- Business Quant data shows UPWK's Profit After Tax at $31.5 million in Q1 2026, $16.1 million in Q4 2025, and $29.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 112.19 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 15.85 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 633.49 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 10.34 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 252.85 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 49.80 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 376.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -46.67 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 170.55 Mn |
| 10 | Upwork | 1.12 Bn | 501.02 Mn | 146.37 Mn | 25.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.40 Mn |
| Mar 31, 2026 | 31.46 Mn |
| Dec 31, 2025 | 15.52 Mn |
| Sep 30, 2025 | 29.48 Mn |
| Jun 30, 2025 | 32.90 Mn |
| Mar 31, 2025 | 38.01 Mn |
| Dec 31, 2024 | 146.21 Mn |
| Sep 30, 2024 | 29.51 Mn |
| Jun 30, 2024 | 22.22 Mn |
| Mar 31, 2024 | 18.44 Mn |
| Dec 31, 2023 | 17.97 Mn |
| Sep 30, 2023 | 16.81 Mn |
| Jun 30, 2023 | -3.99 Mn |
| Mar 31, 2023 | 19.09 Mn |
| Dec 31, 2022 | -14.97 Mn |
| Sep 30, 2022 | -24.83 Mn |
| Jun 30, 2022 | -25.23 Mn |
| Mar 31, 2022 | -27.59 Mn |
| Dec 31, 2021 | -23.07 Mn |
| Sep 30, 2021 | -9.32 Mn |