Upwork Inc Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
689M
11.45%
170M
519M
529M
119M
177M
-10M
1M
49M
2M
47M
-152.16%
700M
-4M
2M
13M
-10M
618M
22.98%
160M
458M
551M
124M
155M
-93M
4M
-89M
1M
-90M
59.82%
711M
-4M
-74M
11M
-93M
503M
34.57%
136M
367M
422M
113M
119M
-54M
2M
-56M
0M
-56M
145.94%
557M
-2M
-40M
14M
-54M
374M
24.31%
104M
269M
292M
72M
83M
-22M
1M
-23M
0M
-23M
37.27%
396M
-1M
-8M
14M
-22M
301M
18.63%
88M
212M
231M
67M
64M
-19M
1M
-17M
0M
-17M
-16.32%
319M
-1M
-5M
11M
-19M
253M
25.08%
81M
172M
184M
49M
55M
-12M
2M
-20M
0M
-20M
382.83%
265M
-2M
-13M
5M
-18M
203M
23.17%
65M
137M
140M
37M
46M
-3M
1M
-4M
0M
-4M
-74.60%
206M
-1M
1M
4M
-3M
164M
-
63M
102M
116M
35M
38M
-14M
1M
-16M
0M
-16M
-74.60%
179M
-1M
-7M
0M
-15M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
184M
13.93%
46M
138M
130M
32M
46M
8M
0M
16M
-2M
17M
-205.30%
176M
0M
13M
5M
8M
176M
10.77%
43M
132M
121M
29M
43M
11M
1M
17M
1M
16M
-165.80%
164M
-1M
21M
3M
18M
169M
7.47%
41M
128M
134M
29M
43M
-6M
1M
-2M
2M
-4M
-83.25%
175M
-1M
1M
3M
-1M
161M
13.81%
40M
120M
145M
29M
44M
19M
1M
18M
1M
17M
-169.40%
186M
-1M
22M
3M
19M
161M
17.96%
41M
120M
141M
30M
42M
-20M
1M
-16M
0M
-17M
-26.85%
182M
-1M
-12M
3M
-20M
159M
23.80%
40M
118M
144M
31M
39M
-25M
1M
-25M
0M
-25M
166.64%
184M
-1M
-21M
3M
-25M
157M
26.35%
41M
116M
139M
33M
36M
-23M
1M
-24M
0M
-24M
44.03%
180M
-1M
-20M
3M
-23M
141M
24.40%
38M
103M
127M
29M
38M
-24M
1M
-25M
0M
-25M
215.74%
165M
-1M
-21M
3M
-24M
137M
28.92%
37M
100M
122M
31M
33M
-22M
1M
-22M
0M
-23M
-2,538.49%
159M
-1M
-18M
3M
-21M
128M
32.45%
35M
93M
102M
26M
31M
-8M
1M
-9M
0M
-9M
238.95%
136M
-1M
-5M
3M
-9M
124M
41.87%
33M
91M
107M
32M
28M
-16M
0M
-17M
0M
-17M
50.02%
141M
0M
-13M
3M
-16M
114M
36.57%
30M
83M
91M
24M
27M
-8M
0M
-8M
0M
-8M
-21.81%
121M
0M
-4M
4M
-8M
106M
32.22%
29M
77M
77M
19M
23M
1M
0M
1M
0M
1M
-116.82%
105M
0M
5M
4M
1M
97M
22.80%
27M
70M
73M
18M
21M
-3M
0M
-3M
0M
-3M
-2.83%
100M
0M
1M
4M
-3M
88M
17.88%
25M
62M
73M
17M
21M
-11M
0M
-11M
0M
-11M
443.86%
99M
0M
-7M
3M
-11M
83M
20.71%
23M
60M
69M
18M
19M
-9M
0M
-10M
0M
-10M
111.95%
92M
0M
-7M
3M
-10M
80M
19.22%
23M
57M
64M
21M
16M
-7M
0M
-6M
0M
-6M
2.53%
87M
0M
-2M
2M
-5M
79M
22.89%
22M
56M
59M
17M
16M
-3M
0M
-3M
0M
-3M
-61.52%
82M
0M
-1M
2M
-3M
74M
18.47%
22M
53M
55M
14M
16M
-2M
0M
-2M
0M
-2M
391.99%
77M
0M
0M
1M
-2M
69M
16.39%
21M
48M
53M
16M
16M
-5M
0M
-5M
0M
-5M
-30.31%
74M
0M
-3M
2M
-4M
67M
22.98%
21M
46M
49M
15M
15M
-3M
0M
-5M
0M
-5M
3.35%
70M
0M
-4M
1M
-5M
64M
22.68%
21M
44M
47M
12M
14M
-3M
1M
-7M
0M
-7M
2,340.53%
67M
0M
-5M
1M
-7M
63M
28.48%
20M
42M
42M
11M
13M
0M
1M
0M
0M
0M
-122.20%
62M
0M
1M
1M
0M
59M
-
20M
40M
46M
11M
13M
-6M
1M
-7M
0M
-7M
-122.20%
65M
0M
-5M
1M
-6M
55M
23.88%
18M
37M
42M
12M
13M
-5M
0M
-5M
0M
-5M
-68.02%
60M
0M
-4M
1M
-5M
52M
-
17M
35M
35M
9M
12M
0M
0M
0M
0M
0M
-68.02%
52M
0M
1M
1M
0M
49M
-
15M
0M
0M
30M
11M
3M
0M
2M
0M
2M
-68.02%
0M
0M
0M
0M
0M
47M
-
14M
0M
0M
32M
10M
0M
0M
0M
0M
0M
-68.02%
0M
0M
0M
0M
0M
44M
-
14M
102M
178M
33M
10M
-13M
0M
-16M
0M
-16M
-68.02%
6M
0M
0M
0M
-13M
44M
-
13M
0M
0M
29M
10M
0M
0M
0M
0M
0M
-68.02%
0M
0M
0M
0M
0M
76M
-
28M
0M
0M
54M
18M
0M
0M
0M
0M
0M
-68.02%
0M
0M
0M
0M
0M