Operating Income (Loss) in USD of UPWORK, INC from 2016 to Q3 2025

Taxonomy & unit
us-gaap: USD
Description
The net result for the period of deducting operating expenses from operating revenues.
Summary
UPWORK, INC quarterly/annual Operating Income (Loss) history and change rate from 2016 to Q3 2025.
  • UPWORK, INC Operating Income (Loss) for the quarter ending 30 Sep 2025 was $29.8M, a 43.1% increase year-over-year.
  • UPWORK, INC Operating Income (Loss) for the twelve months ending 30 Sep 2025 was $115M, a 90.8% increase year-over-year.
  • UPWORK, INC annual Operating Income (Loss) for 2024 was $65.2M.
  • UPWORK, INC annual Operating Income (Loss) for 2023 was -$11.3M, a 87.8% increase from 2022.
  • UPWORK, INC annual Operating Income (Loss) for 2022 was -$92.6M, a 70.8% decline from 2021.
Operating Income (Loss), Trailing 12 Months (USD)
Operating Income (Loss), Quarterly (USD)
Operating Income (Loss), YoY Quarterly Change (%)
Operating Income (Loss), Annual (USD)
Operating Income (Loss), YoY Annual Change (%)

UPWORK, INC Quarterly Operating Income (Loss) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2025 $115M $29.8M +$8.97M +43.1% 01 Jul 2025 30 Sep 2025 10-Q 04 Nov 2025
Q2 2025 $106M $32.6M +$14.8M +83.1% 01 Apr 2025 30 Jun 2025 10-Q 06 Aug 2025
Q1 2025 $90.8M $38.7M +$25.6M +196% 01 Jan 2025 31 Mar 2025 10-Q 05 May 2025
Q4 2024 $65.2M $13.6M +$5.16M +61.2% 01 Oct 2024 31 Dec 2024 10-K 13 Feb 2025
Q3 2024 $60.1M $20.8M +$9.33M +81.3% 01 Jul 2024 30 Sep 2024 10-Q 04 Nov 2025
Q2 2024 $50.7M $17.8M +$23.9M 01 Apr 2024 30 Jun 2024 10-Q 06 Aug 2025
Q1 2024 $26.8M $13M +$38.1M 01 Jan 2024 31 Mar 2024 10-Q 05 May 2025
Q4 2023 -$11.3M $8.43M +$28.9M 01 Oct 2023 31 Dec 2023 10-K 13 Feb 2025
Q3 2023 -$40.2M $11.5M +$36.9M 01 Jul 2023 30 Sep 2023 10-Q 06 Nov 2024
Q2 2023 -$77.1M -$6.12M +$16.9M +73.5% 01 Apr 2023 30 Jun 2023 10-Q 07 Aug 2024
Q1 2023 -$94M -$25M -$1.39M -5.86% 01 Jan 2023 31 Mar 2023 10-Q 01 May 2024
Q4 2022 -$92.6M -$20.5M +$1.33M +6.08% 01 Oct 2022 31 Dec 2022 10-K 13 Feb 2025
Q3 2022 -$94M -$25.4M -$17.1M -206% 01 Jul 2022 30 Sep 2022 10-Q 07 Nov 2023
Q2 2022 -$76.8M -$23M -$6.65M -40.6% 01 Apr 2022 30 Jun 2022 10-Q 02 Aug 2023
Q1 2022 -$70.2M -$23.7M -$16M -207% 01 Jan 2022 31 Mar 2022 10-Q 03 May 2023
Q4 2021 -$54.2M -$21.8M -$22.5M -3424% 01 Oct 2021 31 Dec 2021 10-K 15 Feb 2024
Q3 2021 -$31.8M -$8.32M -$5.29M -175% 01 Jul 2021 30 Sep 2021 10-Q 26 Oct 2022
Q2 2021 -$26.5M -$16.4M -$5.41M -49.3% 01 Apr 2021 30 Jun 2021 10-Q 27 Jul 2022
Q1 2021 -$21.1M -$7.7M +$1.35M +15% 01 Jan 2021 31 Mar 2021 10-Q 27 Apr 2022
Q4 2020 -$22.4M $656K +$7.53M 01 Oct 2020 31 Dec 2020 10-K 16 Feb 2023
Q3 2020 -$29.9M -$3.03M +$663K +18% 01 Jul 2020 30 Sep 2020 10-Q 27 Oct 2021
Q2 2020 -$30.6M -$11M -$8.09M -279% 01 Apr 2020 30 Jun 2020 10-Q 29 Jul 2021
Q1 2020 -$22.5M -$9.05M -$3.79M -71.9% 01 Jan 2020 31 Mar 2020 10-Q 04 May 2021
Q4 2019 -$18.7M -$6.88M -$4.18M -155% 01 Oct 2019 31 Dec 2019 10-K 15 Feb 2022
Q3 2019 -$14.6M -$3.69M -$358K -10.7% 01 Jul 2019 30 Sep 2019 10-Q 04 Nov 2020
Q2 2019 -$14.2M -$2.9M -$3.23M -981% 01 Apr 2019 30 Jun 2019 10-Q 04 Aug 2020
Q1 2019 -$11M -$5.27M +$744K +12.4% 01 Jan 2019 31 Mar 2019 10-Q 06 May 2020
Q4 2018 -$11.7M -$2.7M 01 Oct 2018 31 Dec 2018 10-K 24 Feb 2021
Q3 2018 -$3.33M -$3.54M -1742% 01 Jul 2018 30 Sep 2018 10-Q 06 Nov 2019
Q2 2018 $329K 01 Apr 2018 30 Jun 2018 10-Q 07 Aug 2019
Q1 2018 -$6.01M 01 Jan 2018 31 Mar 2018 10-Q 08 May 2019
Q3 2017 $203K 01 Jul 2017 30 Sep 2017 10-Q 08 Nov 2018

UPWORK, INC Annual Operating Income (Loss) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $65.2M +$76.5M 01 Jan 2024 31 Dec 2024 10-K 13 Feb 2025
2023 -$11.3M +$81.4M +87.8% 01 Jan 2023 31 Dec 2023 10-K 13 Feb 2025
2022 -$92.6M -$38.4M -70.8% 01 Jan 2022 31 Dec 2022 10-K 13 Feb 2025
2021 -$54.2M -$31.8M -142% 01 Jan 2021 31 Dec 2021 10-K 15 Feb 2024
2020 -$22.4M -$3.68M -19.6% 01 Jan 2020 31 Dec 2020 10-K 16 Feb 2023
2019 -$18.7M -$7.02M -59.9% 01 Jan 2019 31 Dec 2019 10-K 15 Feb 2022
2018 -$11.7M -$8.59M -275% 01 Jan 2018 31 Dec 2018 10-K 24 Feb 2021
2017 -$3.12M +$11.3M +78.4% 01 Jan 2017 31 Dec 2017 10-K 02 Mar 2020
2016 -$14.5M 01 Jan 2016 31 Dec 2016 10-K 07 Mar 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.