Company / Net Income
Upwork, Inc. Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$115.4M
FY2025
5-year range
-$22.9M / $215.6M
FY2021-FY2025
Trend
-46.5%
vs FY2024
Sector context
#192 of 360
Industrials
What the data says
At $115M, Upwork, Inc.'s net income ranks #192 of 360 in the Industrials sector. Net Income has fluctuated over the past 10 years, ranging from -$23M in FY2022 to $216M in FY2024.
Based on SEC 10-K filings.
$115M in FY2025.
Improved from $47M to $115M over the past 2 years.
Industrials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#192 of 360 in IndustrialsTop 53% of 360This company $115.4M Sector average $540.0M
▼
-78.6% below sector average
Key checks
Key Insights
- In FY2025, net income decreased 46.5% year-over-year.
- Ranks #192 out of 360 companies in the Industrials sector.
- Peak net income was recorded in FY2024.
- Lowest net income in the period was in FY2022.
Company context
Key Data Points
- Strong profit margin: 28.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $115.4M | -46.5% |
| FY2024 | $215.6M | +359.8% |
| FY2023 | $46.9M | +305.0% |
| FY2022 | -$22.9M | -37.3% |
| FY2021 | -$16.7M | +16.3% |
| FY2020 | -$19.9M | -382.8% |
| FY2019 | -$4.1M | +74.6% |
| FY2018 | -$16.2M | -293.7% |
| FY2017 | -$4.1M | +74.6% |
| FY2016 | -$16.2M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026