Upwork (UPWK) Revenue (2017 - 2026)
Upwork (UPWK) posted quarterly Revenue of $195.5 million for Q1 2026, up 1.44% year-over-year from $192.7 million in Q1 2025, and down 1.47% quarter-over-quarter from $198.4 million in Q4 2025.
Upwork (UPWK) Revenue (2017 - 2026) Analysis & Trends
Upwork's Revenue history runs 10 years deep, the most recent figure standing at $195.5 million for Q1 2026.
- In Q1 2026, Revenue rose 1.44% year-over-year to $195.5 million; the TTM figure through Mar 2026 stood at $790.6 million (up 2.52% YoY), while the FY2025 annual figure was $787.8 million, up 2.4% from the prior year.
- Revenue for Q1 2026 stood at $195.5 million, down from $198.4 million in the prior quarter.
- The five-year high for Revenue was $201.7 million in Q3 2025, with the low at $141.3 million in Q1 2022.
- The 5-year median for Revenue is $190.9 million (2024), against an average of $180.0 million.
- The sharpest annual moves came in 2022 and 2025: Revenue increased 26.35% in 2022, then advanced 0.93% in 2025.
- Upwork's Revenue stood at $161.4 million in 2022, then rose by 13.93% to $183.9 million in 2023, then increased by 4.1% to $191.5 million in 2024, then increased by 3.62% to $198.4 million in 2025, then dropped by 1.47% to $195.5 million in 2026.
- Business Quant data shows UPWK's Revenue at $195.5 million in Q1 2026, $198.4 million in Q4 2025, and $201.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,226.97 Bn | 3,797.93 Bn | 73.85 Bn | 119.80 Bn |
| 2 | Meta Platforms | 1,534.26 Bn | 1,444.00 Bn | 49.47 Bn | 60.80 Bn |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | 476.83 Mn |
| 4 | Baidu | 289.47 Bn | 284.98 Bn | 1.88 Mn | 4.65 Bn |
| 5 | Spotify Technology | 102.75 Bn | 92.51 Bn | 1.75 Bn | 5.31 Bn |
| 6 | Joyy | 77.93 Bn | 77.04 Bn | 205.64 Mn | 581.92 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 537,519.00 |
| 8 | Nebius | 49.20 Bn | 39.57 Bn | 295.20 Mn | 399.00 Mn |
| 9 | 30.47 Bn | 27.69 Bn | 734.60 Mn | 804.91 Mn | |
| 10 | Upwork | 1.10 Bn | 523.99 Mn | 150.84 Mn | 195.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 124.18 Mn |