Upwork UPWK
NASDAQ UPWK
$9.03 +0.01 (+0.17%)
As of: Aug 31, 2026 · 3:59 PM EDT

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 Reddit 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 Pinterest 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

Historic Data

Download Data
DateValue
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