MyFinsight

HomeAboutContact
Curious boy with magnifying glass
A worm made of letters APL
A worm made of letters BOA

MyFinsight

Making company financials insightful for everyone

Quick Links

  • About
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2024 MyFinsight. All rights reserved.

UPWORK, INC (UPWK)

For the quarter ending 2025-06-30, UPWK made $194,939K in revenue. $32,902K in net income. Net profit margin of 16.88%.

Overview

Revenue
$194,939K
Net Income
$32,902K
Net Profit Margin
16.88%
EPS
$0.24
Unit: Thousand (K) dollars
Revenue Breakdown
    • Marketplace
    • Enterprise
Revenue Breakdown
    • US
    • Rest Of World
    • US
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenue194,939 192,706 193,776 193,129
Cost of revenue43,432 41,806 43,408 43,852
Gross profit151,507 150,900 150,368 149,277
Sales and marketing36,671 35,751 46,093 47,333
Research and development44,843 46,152 50,411 52,465
General and administrative35,659 28,048 31,276 29,924
Provision for transaction losses1,769 2,259 1,795 1,774
Total operating expenses118,942 112,210 129,575 131,496
Income from operations32,565 38,690 20,793 17,781
Other income, net5,878 6,317 8,091 5,620
Income before income taxes38,443 45,007 28,884 23,401
Income tax provision5,717 7,277 1,126 1,181
Net income32,726 37,730 27,758 22,220
Net unrealized holding gain (loss) on marketable securities, net176 284 1,751 -143
Total comprehensive income32,902 38,014 29,509 22,077
Basic (in dollars per share)0.25 0.28 0.21 0.17
Basic (in shares)132,183,000 135,208,000 132,603,000 131,436,000
Diluted (in dollars per share)0.24 0.27 0.2 0.17
Diluted (in shares)140,198,000 142,777,000 139,294,000 138,266,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Enterprise$24,279K Marketplace$170,660K Revenue$194,939K (0.94%↑ Y/Y)Gross profit$151,507K (1.49%↑ Y/Y)Cost of revenue$43,432K (-0.96%↓ Y/Y)Income from operations$32,565K (83.14%↑ Y/Y)Other income, net$5,878K (4.59%↑ Y/Y)Total operatingexpenses$118,942K (-9.55%↓ Y/Y)Income before incometaxes$38,443K (64.28%↑ Y/Y)Provision for transactionlosses$1,769K (-0.28%↓ Y/Y)General andadministrative$35,659K (19.17%↑ Y/Y)Research and development$44,843K (-14.53%↓ Y/Y)Sales and marketing$36,671K (-22.53%↓ Y/Y)Net income$32,726K (47.28%↑ Y/Y)Net unrealizedholding gain (loss) on...$176K (223.08%↑ Y/Y)Income tax provision$5,717K (384.08%↑ Y/Y)Total comprehensiveincome$32,902K (49.03%↑ Y/Y)