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 September 30, 2025 was $29.8M, a 43.1% increase year-over-year.
  • Upwork, Inc Operating Income (Loss) for the twelve months ending September 30, 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% Jul 1, 2025 Sep 30, 2025 10-Q 2025-11-04
Q2 2025 $106M $32.6M +$14.8M +83.1% Apr 1, 2025 Jun 30, 2025 10-Q 2025-08-06
Q1 2025 $90.8M $38.7M +$25.6M +196% Jan 1, 2025 Mar 31, 2025 10-Q 2025-05-05
Q4 2024 $65.2M $13.6M +$5.16M +61.2% Oct 1, 2024 Dec 31, 2024 10-K 2025-02-13
Q3 2024 $60.1M $20.8M +$9.33M +81.3% Jul 1, 2024 Sep 30, 2024 10-Q 2025-11-04
Q2 2024 $50.7M $17.8M +$23.9M Apr 1, 2024 Jun 30, 2024 10-Q 2025-08-06
Q1 2024 $26.8M $13M +$38.1M Jan 1, 2024 Mar 31, 2024 10-Q 2025-05-05
Q4 2023 -$11.3M $8.43M +$28.9M Oct 1, 2023 Dec 31, 2023 10-K 2025-02-13
Q3 2023 -$40.2M $11.5M +$36.9M Jul 1, 2023 Sep 30, 2023 10-Q 2024-11-06
Q2 2023 -$77.1M -$6.12M +$16.9M +73.5% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-07
Q1 2023 -$94M -$25M -$1.39M -5.86% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-01
Q4 2022 -$92.6M -$20.5M +$1.33M +6.08% Oct 1, 2022 Dec 31, 2022 10-K 2025-02-13
Q3 2022 -$94M -$25.4M -$17.1M -206% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-07
Q2 2022 -$76.8M -$23M -$6.65M -40.6% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-02
Q1 2022 -$70.2M -$23.7M -$16M -207% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-03
Q4 2021 -$54.2M -$21.8M -$22.5M -3424% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-15
Q3 2021 -$31.8M -$8.32M -$5.29M -175% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-26
Q2 2021 -$26.5M -$16.4M -$5.41M -49.3% Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-27
Q1 2021 -$21.1M -$7.7M +$1.35M +15% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-27
Q4 2020 -$22.4M $656K +$7.53M Oct 1, 2020 Dec 31, 2020 10-K 2023-02-16
Q3 2020 -$29.9M -$3.03M +$663K +18% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-27
Q2 2020 -$30.6M -$11M -$8.09M -279% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-29
Q1 2020 -$22.5M -$9.05M -$3.79M -71.9% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-04
Q4 2019 -$18.7M -$6.88M -$4.18M -155% Oct 1, 2019 Dec 31, 2019 10-K 2022-02-15
Q3 2019 -$14.6M -$3.69M -$358K -10.7% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-04
Q2 2019 -$14.2M -$2.9M -$3.23M -981% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-04
Q1 2019 -$11M -$5.27M +$744K +12.4% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-06
Q4 2018 -$11.7M -$2.7M Oct 1, 2018 Dec 31, 2018 10-K 2021-02-24
Q3 2018 -$3.33M -$3.54M -1742% Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-06
Q2 2018 $329K Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-07
Q1 2018 -$6.01M Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-08
Q3 2017 $203K Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-08

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

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $65.2M +$76.5M Jan 1, 2024 Dec 31, 2024 10-K 2025-02-13
2023 -$11.3M +$81.4M +87.8% Jan 1, 2023 Dec 31, 2023 10-K 2025-02-13
2022 -$92.6M -$38.4M -70.8% Jan 1, 2022 Dec 31, 2022 10-K 2025-02-13
2021 -$54.2M -$31.8M -142% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-15
2020 -$22.4M -$3.68M -19.6% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-16
2019 -$18.7M -$7.02M -59.9% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-15
2018 -$11.7M -$8.59M -275% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-24
2017 -$3.12M +$11.3M +78.4% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-02
2016 -$14.5M Jan 1, 2016 Dec 31, 2016 10-K 2019-03-07
* An asterisk sign (*) next to the value indicates that the value is likely invalid.