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% on a QoQ basis from $198.4 million in Q4 2025.
Upwork (UPWK) Revenue (2017 - 2026) Analysis & Trends
Upwork (UPWK) has reported Revenue for 10 consecutive years, with $195.5 million the latest figure, recorded in 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 came in at $195.5 million for Q1 2026 at Upwork, 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.
- Average Revenue over 5 years is $180.0 million, with a median of $190.9 million recorded in 2024.
- Across the five-year window, Revenue climbed 26.35% in 2022 and rose 0.93% in 2025, its largest moves.
- Year by year, Revenue stood at $161.4 million in 2022, then grew by 13.93% to $183.9 million in 2023, then climbed by 4.1% to $191.5 million in 2024, then climbed by 3.62% to $198.4 million in 2025, then decreased by 1.47% to $195.5 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $195.5 million, $198.4 million, and $201.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,330.11 Bn | 4,114.49 Bn | 102.29 Bn | 109.90 Bn |
| 2 | Meta Platforms | 1,553.11 Bn | 1,471.93 Bn | 46.09 Bn | 56.31 Bn |
| 3 | Baidu | 320.91 Bn | 305.99 Bn | 1.88 Mn | 4.65 Bn |
| 4 | BILI Social International | 84.82 Bn | 84.82 Bn | 405,933.00 | 537,519.00 |
| 5 | Joyy | 70.39 Bn | 70.39 Bn | 205.64 Mn | 581.92 Mn |
| 6 | Nebius | 59.20 Bn | 49.90 Bn | 295.20 Mn | 399.00 Mn |
| 7 | 37.81 Bn | 35.04 Bn | 511.94 Mn | 663.41 Mn | |
| 8 | Scienjoy Holding | 37.35 Bn | -14.16 Bn | 7.27 Mn | 40.97 Mn |
| 9 | Tencent Music Entertainment | 26.62 Bn | 24.37 Bn | 514.00 Mn | - |
| 10 | Upwork | 1.16 Bn | 575.87 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 |