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For the quarter ending 2026-03-31, UPWK made $195,483K in revenue. $30,846K in net income. Net profit margin of 15.78%.

Income Overview

Revenue
$195,483K
Net Income
$30,846K
Net Profit Margin
15.78%
EPS
$0.24
Unit: Thousand (K) dollars
Revenue Breakdown
    • Sales Channel Through Intermedia...
    • Sales Channel Directly To Consum...
Revenue Breakdown
    • Marketplace
    • Enterprise

Income Statement
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Revenue
195,483 198,409 201,730 194,939
Cost of revenue
44,641 43,671 45,843 43,432
Gross profit
150,842 154,738 155,887 151,507
Research and development
43,307 47,055 47,494 44,843
Sales and marketing
37,437 36,005 34,985 36,671
General and administrative
35,158 41,665 41,257 35,659
Provision for transaction losses
2,222 1,719 2,393 1,769
Total operating expenses
118,124 126,444 126,129 118,942
Income from operations
32,718 28,294 29,758 32,565
Other income, net
4,992 5,757 5,917 5,878
Income before income taxes
37,710 34,051 35,675 38,443
Income tax provision
6,249 18,417 6,340 5,717
Net income
31,461 15,634 29,335 32,726
Net unrealized holding loss on marketable securities, net
-615 -113 143 176
Total comprehensive income
30,846 15,521 29,478 32,902
Basic EPS
0.25 0.119 0.22 0.25
Diluted EPS
0.24 0.111 0.21 0.24
Basic Average Shares
128,116,000 130,562,000 131,987,000 132,183,000
Diluted Average Shares
135,656,000 139,999,000 139,666,000 140,198,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image
Rest Of World$42,881K (-18.12%↓ Y/Y)US$29,787K (8.95%↑ Y/Y)PH$14,584K (0.00%↑ Y/Y)PK$13,211K IN$12,693K (-5.98%↓ Y/Y)US$57,989K (-2.12%↓ Y/Y)Rest Of World$24,338K Sales Channel ThroughIntermediary$113,156K (4.97%↑ Y/Y)Sales ChannelDirectly To Consumer$82,327K (-3.04%↓ Y/Y)Revenue$195,483K (1.44%↑ Y/Y)Gross profit$150,842K (-0.04%↓ Y/Y)Cost of revenue$44,641K (6.78%↑ Y/Y)Income from operations$32,718K (-15.44%↓ Y/Y)Other income, net$4,992K (-20.98%↓ Y/Y)Total operatingexpenses$118,124K (5.27%↑ Y/Y)Income before incometaxes$37,710K (-16.21%↓ Y/Y)Research and development$43,307K (-6.16%↓ Y/Y)Sales and marketing$37,437K (4.72%↑ Y/Y)General andadministrative$35,158K (25.35%↑ Y/Y)Provision for transactionlosses$2,222K (-1.64%↓ Y/Y)Net income$31,461K (-16.62%↓ Y/Y)Income tax provision$6,249K (-14.13%↓ Y/Y)Total comprehensiveincome$30,846K (-18.86%↓ Y/Y)Net unrealizedholding loss on...-$615K (-316.55%↓ Y/Y)

UPWORK, INC (UPWK)

UPWORK, INC (UPWK)