Upwork UPWK
NASDAQ UPWK
$8.16 +0.06 (+0.74%)
At close: Sep 30, 2026 · 4:00 PM EDT

Upwork (UPWK) Revenue (2017 - 2026)

Updated

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.

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

Historic Data

Download Data
DateValue
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_KEY