Upwork (UPWK) Profit After Tax (2017 - 2026)
Upwork (UPWK) posted Profit After Tax of $25.4 million for Q2 2026, down 22.4% from $32.73 million a year earlier and down 19.3% from the prior quarter.
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Analysis
Upwork (UPWK) Profit After Tax (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Profit After Tax at Upwork was $101.83 million, down 58.5% year-over-year; for FY2025, it was $115.43 million, down 46.5% from FY2024.
- In prior years, Upwork's Profit After Tax was $215.59 million in FY2024 (+359.8%), $46.89 million in FY2023, -$89.89 million in FY2022 and -$56.24 million in FY2021.
- Quarterly Profit After Tax has run from a low of -$24.83 million in Q3 2022 to a high of $147.17 million in Q4 2024 over five years.
- On a year-over-year basis, Profit After Tax has declined in each of the last three quarters, with growth averaging 105.8% over the last eight quarters.
- The strongest year-over-year quarter for Profit After Tax in the past five years was Q4 2024, with growth of 747.1%; the weakest was Q4 2025, with a decline of 89.4%.
- According to Business Quant data, Profit After Tax for the three prior quarters was $31.46 million (Q1 2026), $15.63 million (Q4 2025) and $29.34 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 112.19 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 15.85 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 3.40 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 7.63 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 1.50 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 2.44 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 1.95 Bn |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 6.96 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 633.49 Mn |
| 10 | Upwork | 1.00 Bn | -1.51 Bn | 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 | 15.63 Mn |
| Sep 30, 2025 | 29.34 Mn |
| Jun 30, 2025 | 32.73 Mn |
| Mar 31, 2025 | 37.71 Mn |
| Dec 31, 2024 | 147.17 Mn |
| Sep 30, 2024 | 27.76 Mn |
| Jun 30, 2024 | 22.20 Mn |
| Mar 31, 2024 | 18.44 Mn |
| Dec 31, 2023 | 17.37 Mn |
| Sep 30, 2023 | 16.34 Mn |
| Jun 30, 2023 | -3.99 Mn |
| Mar 31, 2023 | 17.17 Mn |
| Dec 31, 2022 | -16.50 Mn |
| Sep 30, 2022 | -24.83 Mn |
| Jun 30, 2022 | -23.82 Mn |
| Mar 31, 2022 | -24.74 Mn |
| Dec 31, 2021 | -22.56 Mn |
| Sep 30, 2021 | -9.31 Mn |
API Access
Upwork Profit After Tax 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=profit-after-tax&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "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=profit-after-tax&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();