Financial insights of UPWK

MyFinsight

For the year ending 2025-12-31, UPWK made $787,784K in revenue. $115,915K in net income. Net profit margin of 14.71%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31
Revenue	787,784
Cost of revenue	174,752
Gross profit	613,032
Research and development	185,544
Sales and marketing	143,412
General and administrative	146,629
Provision for transaction losses	8,140
Total operating expenses	483,725
Income (loss) from operations	129,307
Other income, net	23,869
Income before income taxes	153,176
Income tax (provision) benefit	37,751
Net income	115,425
Net unrealized holding gain on marketable securities, net	490
Total comprehensive income	115,915

Basic (in dollars per share)	0.87
Basic (in shares)	132,485,000
Diluted (in dollars per share)	0.84
Diluted (in shares)	140,660,000