UPWORK INC. (UPWK) FY2026 Q2 P&L / Income Statement

UPWORK INC. (UPWK) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Geographical by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

191,660,000 US dollars

Cost of revenue

45,288,000 US dollars

Gross profit

146,372,000 US dollars

Total operating expenses

118,235,000 US dollars

Income from operations

28,137,000 US dollars

Other income (expense), net (calculated)

3,966,000 US dollars

Income before income taxes

32,103,000 US dollars

Income tax provision

6,699,000 US dollars

Net income

25,404,000 US dollars

INDIA - Talent

12,024,000 US dollars

PHILIPPINES - Talent

14,553,000 US dollars

PAKISTAN - Talent

12,717,000 US dollars

UNITED STATES - Clients

57,869,000 US dollars

UNITED STATES - Talent

29,289,000 US dollars

Rest of world - Clients

22,940,000 US dollars

Rest of world - Talent

42,268,000 US dollars

Research and development

43,894,000 US dollars

Sales and marketing

34,914,000 US dollars

General and administrative

36,878,000 US dollars

Provision for transaction losses

2,549,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.