Upwork (UPWK) Revenue (2017 - 2026)

Upwork (UPWK) recorded quarterly Revenue of $195.5 million in Q1 2026, down 1.47% quarter-over-quarter from $198.4 million in Q4 2025, and up 1.44% on a YoY basis from $192.7 million in Q1 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 was $195.5 million for Q1 2026 at Upwork, down from $198.4 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $201.7 million in Q3 2025 to a low of $141.3 million in Q1 2022.
  • Historically, Revenue has averaged $180.0 million across 5 years, with a median of $190.9 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Revenue rose 26.35% in 2022, then climbed 0.93% in 2025.
  • A 5-year view of Revenue shows it stood at $161.4 million in 2022, then gained by 13.93% to $183.9 million in 2023, then rose by 4.1% to $191.5 million in 2024, then rose by 3.62% to $198.4 million in 2025, then declined by 1.47% to $195.5 million in 2026.
  • The last three Revenue figures came in at $195.5 million (Q1 2026), $198.4 million (Q4 2025), and $201.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 399.00 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 109.90 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 56.31 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 5.31 Bn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 663.41 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 1.01 Bn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 299.91 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 1.53 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 708.00 Mn
10 Upwork 1.12 Bn 542.56 Mn 150.84 Mn 195.48 Mn

Historic Data

Download Data
DateValue
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