Upwork Inc. (UPWK) Net Income CAGR:-53.53%(TTM)
Net income CAGR uses precomputed financial statement history.
Over the past 12 months, Upwork Inc.'s Net Income CAGR is -53.53%.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how Upwork Inc.'s bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
UPWK Net Income CAGR Chart
Upwork Inc. (UPWK)
UPWK Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
UPWK Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $215.59M | $115.42M | $-100.16M | -46.46% | -46.46% |
| 2024 | $46.89M | $215.59M | +$168.70M | +359.80% | +359.80% |
| 2023 | $-89.89M | $46.89M | +$136.77M | N/A | N/A |
| 2022 | $-56.24M | $-89.89M | $-33.65M | N/A | N/A |
| 2021 | $-22.87M | $-56.24M | $-33.37M | N/A | N/A |
| 2020 | $-16.66M | $-22.87M | $-6.21M | N/A | N/A |
| 2019 | $-19.91M | $-16.66M | +$3.25M | N/A | N/A |
| 2018 | $-4.12M | $-19.91M | $-15.78M | N/A | N/A |
| 2017 | $-16.23M | $-4.12M | +$12.11M | N/A | N/A |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $31.46M | +101.2% | -16.6% |
| Q4 2025 | $15.63M | -46.7% | -89.4% |
| Q3 2025 | $29.34M | -10.4% | +5.7% |
| Q2 2025 | $32.73M | -13.3% | +47.3% |
| Q1 2025 | $37.73M | -74.4% | +104.6% |
| Q4 2024 | $147.17M | +430.2% | +747.0% |
| Q3 2024 | $27.76M | +24.9% | +69.9% |
| Q2 2024 | $22.22M | +20.5% | — |
| Q1 2024 | $18.44M | +6.1% | +7.4% |
| Q4 2023 | $17.37M | +6.3% | — |
| Q3 2023 | $16.34M | — | — |
| Q2 2023 | -$3.99M | — | +83.2% |
| Q1 2023 | $17.17M | — | — |
| Q4 2022 | -$16.50M | +33.5% | +26.8% |
| Q3 2022 | -$24.83M | -4.2% | -166.6% |
| Q2 2022 | -$23.82M | +3.7% | -44.0% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About Upwork Inc.
Upwork Inc., operating alongside its subsidiaries, provides a leading online work marketplace that connects businesses globally with independent professionals and agencies, spanning the United States, India, the Philippines, and other international markets. The platform grants clients access to a vast and diverse pool of talent, covering a wide array of specializations. These include key areas like sales and marketing, customer service, data science and analytics, creative design, and various aspects of web, mobile, and software development. Beyond talent acquisition, the marketplace also streamlines key operational workflows for businesses, such as sourcing candidates, managing outreach, and facilitating contract agreements. To support effective remote collaborations, Upwork offers a suite of functionalities, including robust communication and collaboration tools, simplified invoicing directly through the platform, and comprehensive payment protection. Upwork's marketplace offerings encompass various service tiers, such as Upwork Basic, Plus, Enterprise, and Payroll solutions, alongside managed and internet escrow agency services. Originally incorporated in 2013 and initially known as Elance-oDesk, Inc., the company rebranded to Upwork Inc. in May 2015. It maintains its headquarters in San Francisco, California.
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- CEO
- Hayden Brown