Upwork Inc. splits its revenue into 5 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Enterprise at $682.9 million, 87% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
771
|
788
|
769
|
689
|
618
|
503
|
374
|
301
|
253
|
| Enterprise |
681
+3.1%
share 88.3%
|
683
+3.1%
share 86.7%
|
662
+13.0%
share 86.1%
|
586
+485.9%
share 85.0%
|
100
share 16.2%
|
—
|
—
|
—
|
—
|
| Market Place |
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
224
share 88.3%
|
| Marketplace |
90
-25.0%
share 11.7%
|
105
-2.2%
share 13.3%
|
107
+4.1%
share 13.9%
|
103
-80.1%
share 15.0%
|
518
+21.2%
share 83.8%
|
427
+34.5%
share 85.0%
|
318
+25.6%
share 85.1%
|
253
share 84.2%
|
—
|
| Managed Services |
—
|
—
|
—
|
—
|
—
|
40
+14.0%
share 8.0%
|
35
+9.9%
share 9.5%
|
32
+9.3%
share 10.7%
|
30
share 11.7%
|
| Market Place Enterprise |
—
|
—
|
—
|
—
|
—
|
35
+72.5%
share 6.9%
|
20
+33.1%
share 5.4%
|
15
share 5.1%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Services-Computer Processing & Data Preparation (SIC 7374)
- Listed as
- UPWK (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Palo Alto, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1627475
- Former names
- Upwork Inc. (until Apr 20, 2021)
Other Services-Computer Processing & Data Preparation companies
- Automatic Data Processing Inc ADP
- Workday, Inc. WDAY
- Verisk Analytics, Inc. VRSK
- Toast, Inc. TOST
- Reddit, Inc. RDDT
- Hinge Health, Inc. HNGE
- RingCentral, Inc. RNG
- Pegasystems Inc PEGA
All 110 Services-Computer Processing & Data Preparation companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.