Upwork (UPWK) Retained Earnings (2017 - 2026)
Upwork (UPWK) recorded Retained Earnings of $93.81 million in Q2 2026, compared with -$8.02 million a year earlier and up 37.1% from the prior quarter.
Analysis
Upwork (UPWK) Retained Earnings (2017 - 2026) Analysis & Trends
At the end of FY2025, Upwork reported Retained Earnings of $36.95 million.
- Across earlier years, Retained Earnings came in at -$78.48 million in FY2024, -$294.06 million in FY2023, -$340.95 million in FY2022 and -$251.06 million in FY2021.
- The Q2 2026 figure is the highest quarterly Retained Earnings in data going back to Q4 2017.
- Per Business Quant, the preceding three quarters came in at $68.41 million (Q1 2026), $36.95 million (Q4 2025) and $21.32 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 493.37 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 157.84 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 50.97 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 103.45 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 3.78 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | -7.95 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 43.05 Bn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | 47.74 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 489.35 Mn |
| 10 | Upwork | 1.02 Bn | -1.49 Bn | 146.37 Mn | 93.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.81 Mn |
| Mar 31, 2026 | 68.41 Mn |
| Dec 31, 2025 | 36.95 Mn |
| Sep 30, 2025 | 21.32 Mn |
| Jun 30, 2025 | -8.02 Mn |
| Mar 31, 2025 | -40.75 Mn |
| Dec 31, 2024 | -78.48 Mn |
| Sep 30, 2024 | -225.64 Mn |
| Jun 30, 2024 | -253.40 Mn |
| Mar 31, 2024 | -275.62 Mn |
| Dec 31, 2023 | -294.06 Mn |
| Sep 30, 2023 | -311.44 Mn |
| Jun 30, 2023 | -327.77 Mn |
| Mar 31, 2023 | -323.78 Mn |
| Dec 31, 2022 | -340.95 Mn |
| Sep 30, 2022 | -324.45 Mn |
| Jun 30, 2022 | -299.62 Mn |
| Mar 31, 2022 | -275.80 Mn |
| Dec 31, 2021 | -251.06 Mn |
| Sep 30, 2021 | -228.51 Mn |
API Access
Upwork Retained Earnings 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=retained-earnings&ticker=UPWK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();