Company / Operating Income
Upwork, Inc. Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$129.3M
FY2025
5-year range
-$22.4M / $129.3M
FY2021-FY2025
Trend
+98.3%
vs FY2024
Sector context
#202 of 328
Industrials
What the data says
At $129M, Upwork, Inc.'s operating income ranks #202 of 328 in the Industrials sector. Operating Income has increased for 3 consecutive years, from -$22M in FY2022 to $129M in FY2025.
Based on SEC 10-K filings.
$129M in FY2025.
Improved from -$11M to $129M over the past 2 years.
Industrials sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#202 of 328 in IndustrialsTop 62% of 328This company $129.3M Sector average $718.3M
▼
-82.0% below sector average
Key checks
Key Insights
- Upwork, Inc.'s operating income has grown for 3 consecutive years.
- In FY2025, operating income increased 98.3% year-over-year.
- Ranks #202 out of 328 companies in the Industrials sector.
- Lowest operating 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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $129.3M | +98.3% |
| FY2024 | $65.2M | +679.1% |
| FY2023 | -$11.3M | +49.8% |
| FY2022 | -$22.4M | -19.6% |
| FY2021 | -$18.7M | -59.9% |
| FY2020 | -$11.7M | -275.0% |
| FY2019 | -$3.1M | +78.4% |
| FY2018 | -$14.5M | -363.3% |
| FY2017 | -$3.1M | +78.4% |
| FY2016 | -$14.5M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026