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Upwork (UPWK)
NASDAQ:UPWK
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Upwork (UPWK) Income Statement

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Upwork Income Statement

Last quarter (Q2 2024), Upwork's total revenue was $193.13M, an increase of 14.54% from the same quarter last year. In Q2, Upwork's net income was $23.99M. See Upwork’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 743.73M$ 689.14M$ 618.32M$ 502.80M$ 373.63M$ 300.56M
Cost of Revenue
$ 177.19M$ 170.45M$ 160.40M$ -135.51M$ 104.27M$ 88.14M
Gross Profit
$ 566.55M$ 518.69M$ 457.92M$ 367.29M$ 269.36M$ 212.42M
Operating Expense
$ 515.82M$ 529.95M$ 550.54M$ -421.51M$ 291.77M$ 231.15M
Operating Income
$ 50.72M$ -11.26M$ -92.62M$ -54.22M$ -22.41M$ -18.73M
Net Non Operating Interest Income Expense
$ 41.14M$ 24.79M$ -4.48M$ -2.18M$ -778.00K$ -1.31M
Other Income Expense
$ -23.68M$ -60.14M$ -7.76M$ -279.00K$ 469.00K$ 3.41M
Pretax Income
$ 76.22M$ 48.88M$ -89.35M$ -56.12M$ -22.72M$ -16.63M
Tax Provision
$ 1.85M$ 1.99M$ 536.00K$ 122.00K$ 150.00K$ 28.00K
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 79.38M$ 46.89M$ -39.58M$ -56.24M$ -22.87M$ -16.66M
Basic EPS
$ 0.56$ 0.35$ -0.69$ -0.44$ -0.19$ -0.15
Diluted EPS
$ 0.54$ 0.06$ -0.69$ -0.44$ -0.19$ -0.15
Basic Average Shares
$ 539.91M$ 134.77M$ 130.52M$ 127.16M$ 118.70M$ 109.81M
Diluted Average Shares
$ 560.87M$ 137.26M$ 130.52M$ 127.16M$ 118.70M$ 109.81M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
----$ 0.05$ 0.05
Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 693.01M$ 700.40M$ 710.94M$ -557.01M$ 396.04M$ 319.29M
Net Income From Continuing And Discontinued Operation
$ 74.37M$ 46.89M$ -89.89M$ -56.24M$ -22.87M$ -16.66M
Normalized Income
$ 64.95M$ 55.43M$ -57.47M-$ -22.87M$ -16.66M
Interest Expense
----$ 778.00K$ 1.31M
EBIT
$ 7.55M$ -11.26M$ -84.87M$ -53.94M$ -21.94M$ -15.32M
EBITDA
$ 25.38M$ 1.46M$ -72.25M$ -38.65M$ -7.91M$ -4.72M
Currency in USD

Upwork Earnings and Revenue History

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