Upwork (UPWK) reported $788M in revenue for fiscal 2025, +2.4% year on year. That ranks #1928 by revenue among 2853 SEC filers and #344 in Technology. Net income was $115M, a net margin of 14.7%. Revenue has grown 19.0% a year on average since 2016 ($164M then). The fiscal 2025 balance sheet shows $1.3B in total assets, $294M in cash and $0 in long-term debt.

Key figures

$164M2016$203M2017$253M2018$301M2019$374M2020$503M2021$618M2022$689M2023$769M2024$788M2025
Upwork — Key figures
Key figuresFY2025YoYSource
RevenueRevenueFromContractWithCustomerExcludingAssessedTax$788M+2.4%FY20252025-12-31
Gross profitGrossProfit$613M+3.0%FY20252025-12-31
Operating incomeOperatingIncomeLoss$129M+98.3%FY20252025-12-31
Net incomeNetIncomeLoss$115M−46.5%FY20252025-12-31
Operating cash flowNetCashProvidedByUsedInOperatingActivities$248M+61.7%FY20252025-12-31
Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment$5.8M+64.1%FY20252025-12-31
Total assetsAssets$1.3B+7.3%FY20252025-12-31
Shareholders' equityStockholdersEquity$630M+9.5%FY20252025-12-31
CashCashAndCashEquivalentsAtCarryingValue$294M−3.7%FY20252025-12-31
Long-term debtLongTermDebtNoncurrent$0−100.0%FY20252025-12-31

Revenue is total net sales for the fiscal year, taken from each company's own annual filing.

Reported since the last full year

Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.

Upwork — Reported since the last full year
QuarterRevenueNet incomeSource
Q1 20262026-03-31$195M$31.5MOpen →
Q2 20262026-06-30$192M$25.4MOpen →

Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.

Profile

Legal name
Upwork, Inc
Ticker
UPWK
Exchange
Nasdaq
SIC classification
Services-Computer Processing & Data Preparation (7374)
Fiscal year end
12-31
CIK
0001627475

Filings

Similar in size, same sector

CompanyRevenueNet income
Goodrx HoldingsGDRX$797M$30.4M
Q2 HoldingsQTWO$795M$52.0M
AsanaASAN$791M−$189M
UpworkUPWK$788M$115M
FormfactorFORM$785M$54.4M
Silicon LaboratoriesSLAB$785M−$64.9M
Acv AuctionsACVA$760M−$66.1M

See the full ranking →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Upwork — Key figures |url=https://companiesranked.com/en/company/upwork |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Upwork — Key figures. CompaniesRanked. https://companiesranked.com/en/company/upwork

BibTeX

@misc{companiesranked-en-company-upwork-2026,
  author       = {{CompaniesRanked}},
  title        = {{Upwork — Key figures}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/upwork}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001627475-26-000012 · February 13, 2026

{{cite web |title=Upwork — Key figures — 10-K (0001627475-26-000012) |url=https://www.sec.gov/Archives/edgar/data/1627475/000162747526000012/upwk-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-13}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.