Upwork Inc.
UPWK · NASDAQ
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Revenue | $201,730 | $194,939 | $192,706 | $191,483 |
| % Growth | 3.5% | 1.2% | 0.6% | – |
| Cost of Goods Sold | $45,843 | $43,432 | $41,806 | $42,641 |
| Gross Profit | $155,887 | $151,507 | $150,900 | $148,842 |
| % Margin | 77.3% | 77.7% | 78.3% | 77.7% |
| R&D Expenses | $51,294 | $44,843 | $46,152 | $53,491 |
| G&A Expenses | $39,357 | $35,659 | $28,048 | $35,602 |
| SG&A Expenses | $74,342 | $72,330 | $63,799 | $79,536 |
| Sales & Mktg Exp. | $34,985 | $36,671 | $35,751 | $43,934 |
| Other Operating Expenses | $493 | $1,769 | $2,259 | $2,232 |
| Operating Expenses | $126,129 | $118,942 | $112,210 | $135,259 |
| Operating Income | $29,758 | $32,565 | $38,690 | $13,583 |
| % Margin | 14.8% | 16.7% | 20.1% | 7.1% |
| Other Income/Exp. Net | $5,917 | $5,878 | $6,317 | $4,788 |
| Pre-Tax Income | $35,675 | $38,443 | $45,007 | $18,371 |
| Tax Expense | $6,340 | $5,717 | $7,277 | -$128,795 |
| Net Income | $29,335 | $32,726 | $37,730 | $147,166 |
| % Margin | 14.5% | 16.8% | 19.6% | 76.9% |
| EPS | 0.22 | 0.25 | 0.28 | 1.1 |
| % Growth | -12% | -10.7% | -74.5% | – |
| EPS Diluted | 0.21 | 0.24 | 0.27 | 1.03 |
| Weighted Avg Shares Out | 136,981 | 132,183 | 135,208 | 134,265 |
| Weighted Avg Shares Out Dil | 139,666 | 140,198 | 142,777 | 143,098 |
| Supplemental Information | – | – | – | – |
| Interest Income | $6,100 | $7,400 | $0 | $0 |
| Interest Expense | $0 | $700 | $0 | $0 |
| Depreciation & Amortization | $4,146 | $6,062 | $5,063 | $5,922 |
| EBITDA | $39,821 | $38,627 | $43,753 | $19,505 |
| % Margin | 19.7% | 19.8% | 22.7% | 10.2% |