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

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

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

Revenue

387,143,000 US dollars

Cost of revenue

89,929,000 US dollars

Gross profit

297,214,000 US dollars

Total operating expenses

236,359,000 US dollars

Income from operations

60,855,000 US dollars

Other income (expense), net (calculated)

8,958,000 US dollars

Income before income taxes

69,813,000 US dollars

Income tax provision

12,948,000 US dollars

Net income

56,865,000 US dollars

Talent

224,007,000 US dollars

Clients

163,136,000 US dollars

Research and development

87,201,000 US dollars

Sales and marketing

72,351,000 US dollars

General and administrative

72,036,000 US dollars

Provision for transaction losses

4,771,000 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.