Upwork (UPWK) Revenue (2017 - 2026)
Upwork's Revenue came in at $191.66 million for Q2 2026, down 1.7% from $194.94 million a year earlier and down 2.0% from the prior quarter.
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Analysis
Upwork (UPWK) Revenue (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Upwork reported Revenue of $787.28 million, up 1.9% year-over-year; for FY2025, it was $787.78 million, up 2.4% from FY2024.
- Revenue has increased in each of the last nine years, with a five-year compound annual growth rate of 16.1% (FY2020 to FY2025).
- Going back by year, Revenue was $769.33 million in FY2024 (+11.6%), $689.14 million in FY2023 (+11.5%), $618.32 million in FY2022 (+23.0%) and $502.8 million in FY2021 (+34.6%).
- The Q2 2026 figure represents the lowest quarterly Revenue since Q4 2024.
- Year-over-year, Revenue increased in seven of the last eight quarters, with growth averaging 3.0%.
- The fastest year-over-year change in Revenue over five years came in Q3 2021 (growth of 32.4%), and the weakest in Q2 2026 (a decline of 1.7%).
- Business Quant data shows UPWK's Revenue at $195.48 million (Q1 2026), $198.41 million (Q4 2025) and $201.73 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 119.80 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 60.80 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 12.56 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 39.64 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 3.58 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 14.19 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 7.35 Bn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | 16.56 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 5.55 Bn |
| 10 | Upwork | 1.02 Bn | -1.49 Bn | 146.37 Mn | 191.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 191.66 Mn |
| Mar 31, 2026 | 195.48 Mn |
| Dec 31, 2025 | 198.41 Mn |
| Sep 30, 2025 | 201.73 Mn |
| Jun 30, 2025 | 194.94 Mn |
| Mar 31, 2025 | 192.71 Mn |
| Dec 31, 2024 | 191.48 Mn |
| Sep 30, 2024 | 193.78 Mn |
| Jun 30, 2024 | 193.13 Mn |
| Mar 31, 2024 | 190.94 Mn |
| Dec 31, 2023 | 183.93 Mn |
| Sep 30, 2023 | 175.73 Mn |
| Jun 30, 2023 | 168.61 Mn |
| Mar 31, 2023 | 160.86 Mn |
| Dec 31, 2022 | 161.44 Mn |
| Sep 30, 2022 | 158.64 Mn |
| Jun 30, 2022 | 156.90 Mn |
| Mar 31, 2022 | 141.34 Mn |
| Dec 31, 2021 | 136.86 Mn |
| Sep 30, 2021 | 128.14 Mn |
API Access
Upwork Revenue 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=revenue&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();