Financial insights of UPWK

MyFinsight

For the quarter ending 2025-09-30, UPWK made $201,730K in revenue. $29,478K in net income. Net profit margin of 14.61%.

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

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Revenue	201,730	194,939	192,706	193,776
Cost of revenue	45,843	43,432	41,806	43,408
Gross profit	155,887	151,507	150,900	150,368
Research and development	47,494	44,843	46,152	50,411
Sales and marketing	34,985	36,671	35,751	46,093
General and administrative	41,257	35,659	28,048	31,276
Provision for transaction losses	2,393	1,769	2,259	1,795
Total operating expenses	126,129	118,942	112,210	129,575
Income from operations	29,758	32,565	38,690	20,793
Other income, net	5,917	5,878	6,317	8,091
Income before income taxes	35,675	38,443	45,007	28,884
Income tax provision	6,340	5,717	7,277	1,126
Net income	29,335	32,726	37,730	27,758
Net unrealized holding gain on marketable securities, net	143	176	284	1,751
Total comprehensive income	29,478	32,902	38,014	29,509

Basic (in dollars per share)	0.22	0.25	0.28	0.21
Basic (in shares)	131,987,000	132,183,000	135,208,000	132,603,000
Diluted (in dollars per share)	0.21	0.24	0.27	0.2
Diluted (in shares)	139,666,000	140,198,000	142,777,000	139,294,000