UPWORK, INC (UPWK)

Every figure below is the company's own, as filed. Nothing is estimated and nothing is smoothed — a period the filing does not support is left blank rather than drawn. Quarters are the company's own, counted from its financial year ending 12-31. Amounts in USD.

Revenue Quarterly

0 70M 140M 210M Q3 '21: 128.1M Q4 '21: 136.9M Q1 '22: 141.3M Q2 '22: 156.9M Q3 '22: 158.6M Q4 '22: 161.4M Q1 '23: 160.9M Q2 '23: 168.6M Q3 '23: 175.7M Q4 '23: 183.9M Q1 '24: 190.9M Q2 '24: 193.1M Q3 '24: 193.8M Q4 '24: 191.5M Q1 '25: 192.7M Q2 '25: 194.9M Q3 '25: 201.7M Q4 '25: 198.4M Q1 '26: 195.5M Q2 '26: 191.7M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Gross Profit Quarterly

0 60M 120M 180M Q3 '21: 93.2M Q4 '21: 99.8M Q1 '22: 103.4M Q2 '22: 116M Q3 '22: 118.2M Q4 '22: 120.3M Q1 '23: 120.4M Q2 '23: 127.7M Q3 '23: 132.5M Q4 '23: 138.1M Q1 '24: 146.7M Q2 '24: 149.3M Q3 '24: 150.4M Q4 '24: 148.8M Q1 '25: 150.9M Q2 '25: 151.5M Q3 '25: 155.9M Q4 '25: 154.7M Q1 '26: 150.8M Q2 '26: 146.4M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Operating Income Quarterly

-30M -15M 0 15M 30M 45M Q3 '21: -8.3M Q4 '21: -21.8M Q1 '22: -23.7M Q2 '22: -23M Q3 '22: -25.4M Q4 '22: -20.5M Q1 '23: -25M Q2 '23: -6.1M Q3 '23: 11.5M Q4 '23: 8.4M Q1 '24: 13M Q2 '24: 17.8M Q3 '24: 20.8M Q4 '24: 13.6M Q1 '25: 38.7M Q2 '25: 32.6M Q3 '25: 29.8M Q4 '25: 28.3M Q1 '26: 32.7M Q2 '26: 28.1M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Net Income Quarterly

-60M 0 60M 120M 180M Q3 '21: -9.3M Q4 '21: -22.6M Q1 '22: -24.7M Q2 '22: -23.8M Q3 '22: -24.8M Q4 '22: -16.5M Q1 '23: 17.2M Q2 '23: -4M Q3 '23: 16.3M Q4 '23: 17.4M Q1 '24: 18.4M Q2 '24: 22.2M Q3 '24: 27.8M Q4 '24: 147.2M Q1 '25: 37.7M Q2 '25: 32.7M Q3 '25: 29.3M Q4 '25: 15.6M Q1 '26: 31.5M Q2 '26: 25.4M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Cost of Revenue Quarterly

0 20M 40M 60M Q3 '21: 34.9M Q4 '21: 37.1M Q1 '22: 37.9M Q2 '22: 40.9M Q3 '22: 40.5M Q4 '22: 41.2M Q1 '23: 40.4M Q2 '23: 40.9M Q3 '23: 43.3M Q4 '23: 45.9M Q1 '24: 44.2M Q2 '24: 43.9M Q3 '24: 43.4M Q4 '24: 42.6M Q1 '25: 41.8M Q2 '25: 43.4M Q3 '25: 45.8M Q4 '25: 43.7M Q1 '26: 44.6M Q2 '26: 45.3M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Operating Cash Flow Quarterly

-30M 0 30M 60M 90M Q2 '21: 544K Q3 '21: 20.9M Q1 '22: -11.5M Q2 '22: -446K Q3 '22: 10M Q4 '22: 13.4M Q1 '23: -8.7M Q2 '23: 4.3M Q3 '23: 37M Q4 '23: 20.1M Q1 '24: 14.8M Q2 '24: 39.2M Q3 '24: 61M Q4 '24: 38.6M Q1 '25: 37M Q2 '25: 72.5M Q3 '25: 75.1M Q4 '25: 63.7M Q1 '26: 23M Q2 '26: 46.9M Q3 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Free Cash Flow Quarterly

-30M 0 30M 60M 90M Q2 '21: 280K Q3 '21: 20.6M Q1 '22: -11.7M Q2 '22: -855K Q3 '22: 9.7M Q4 '22: 13M Q1 '23: -8.9M Q2 '23: 4.3M Q3 '23: 36.5M Q4 '23: 20M Q1 '24: 14.6M Q2 '24: 38.6M Q3 '24: 59.8M Q4 '24: 37M Q1 '25: 34.5M Q2 '25: 70.1M Q3 '25: 74.6M Q4 '25: 63.2M Q1 '26: 21.3M Q2 '26: 45.3M Q3 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Operating cash flow minus capital expenditure.

Shares Outstanding Quarterly

0 50M 100M 150M Q2 '20: 116.5M Q3 '20: 120.7M Q1 '21: 125.3M Q2 '21: 126.7M Q3 '21: 127.9M Q1 '22: 129.4M Q2 '22: 130.1M Q3 '22: 130.8M Q1 '23: 136M Q2 '23: 134.1M Q3 '23: 137.3M Q1 '24: 143.7M Q2 '24: 138.3M Q3 '24: 139.3M Q1 '25: 142.8M Q2 '25: 140.2M Q3 '25: 139.7M Q1 '26: 135.7M Q2 '26: 130M Q2 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

Weighted average diluted, as the filer reports it for each period. An average cannot be added across periods, so this one is always shown per period the filer tagged rather than as a trailing year.

EPS TTM

-1.20 -0.60 0.00 0.60 1.20 1.80 Q3 '21: -0.25 Q4 '21: -0.43 Q1 '22: -0.56 Q2 '22: -0.61 Q3 '22: -0.73 Q4 '22: -0.69 Q1 '23: -0.65 Q2 '23: -0.50 Q3 '23: -0.19 Q4 '23: 0.07 Q1 '24: 0.35 Q2 '24: 0.55 Q3 '24: 0.63 Q4 '24: 1.52 Q1 '25: 1.66 Q2 '25: 1.73 Q3 '25: 1.74 Q4 '25: 0.84 Q1 '26: 0.81 Q2 '26: 0.77 Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.