Upwork (UPWK) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.41
- EPS estimate
- $0.34
- EPS surprise
- +19.74%
- Revenue surprise
- +0.89%
- Revenue
- $191.7M
- Revenue estimate
- $190.0M
- Reported
- Aug 10, 2026
Upwork reported Q2 2026 results on August 10, 2026. Earnings per share were $0.41, beating the $0.34 estimate by 19.74% and setting the high in the table. Revenue of $191.7 million beat the $190.0 million consensus by 0.89%. Compared with Q2 2025, EPS rose about 17% from $0.35, while revenue slipped about 2% from $194.9 million.
Upwork beat the EPS estimate in all 20 quarters in the table. Earnings moved from a full-year loss of $0.06 per share in 2022 to EPS of $0.50 in 2023, $1.07 in 2024 and $1.41 in 2025. The first half of 2026 brought $0.76, against $0.69 a year earlier. Revenue growth has slowed: annual revenue rose from $618.2 million in 2022 to $769.3 million in 2024, then to $787.7 million in 2025. Quarterly revenue has stayed between about $191 million and $202 million over the last ten quarters, peaking at $201.7 million in Q3 2025. The last loss in the table was Q1 2023.
Q3 reports came between October 26 and November 7 over the past five years. That points to late October or early November 2026 for the next report, which will show whether EPS keeps growing while revenue holds flat.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 10, 2026 | $0.34 | $0.41 | +19.74% | $191.7M | SEC |
| Q1 2026 | May 7, 2026 | $0.27 | $0.35 | +29.06% | $195.5M | SEC |
| Q4 2025 | Feb 9, 2026 | $0.31 | $0.36 | +15.53% | $198.4M | SEC |
| Q3 2025 | Nov 3, 2025 | $0.29 | $0.36 | +26.14% | $201.7M | SEC |
| Q2 2025 | Aug 6, 2025 | $0.28 | $0.35 | +27.13% | $194.9M | SEC |
| Q1 2025 | May 5, 2025 | $0.27 | $0.34 | +24.95% | $192.7M | SEC |
| Q4 2024 | Feb 12, 2025 | $0.25 | $0.30 | +18.25% | $191.5M | SEC |
| Q3 2024 | Nov 6, 2024 | $0.26 | $0.29 | +10.27% | $193.8M | SEC |
| Q2 2024 | Aug 7, 2024 | $0.23 | $0.26 | +12.55% | $193.1M | SEC |
| Q1 2024 | May 1, 2024 | $0.18 | $0.22 | +19.70% | $190.9M | SEC |
| Q4 2023 | Feb 14, 2024 | $0.17 | $0.20 | +14.61% | $183.9M | SEC |
| Q3 2023 | Nov 7, 2023 | $0.10 | $0.21 | +102.70% | $175.7M | SEC |
| Q2 2023 | Aug 2, 2023 | −$0.00 | $0.10 | +11211.11% | $168.6M | SEC |
| Q1 2023 | May 3, 2023 | −$0.06 | −$0.01 | +82.82% | $160.9M | SEC |
| Q4 2022 | Feb 15, 2023 | −$0.03 | $0.04 | +243.88% | $161.4M | SEC |
| Q3 2022 | Oct 26, 2022 | −$0.07 | −$0.03 | +58.62% | $158.6M | SEC |
| Q2 2022 | Jul 27, 2022 | −$0.08 | −$0.04 | +50.80% | $156.9M | SEC |
| Q1 2022 | Apr 27, 2022 | −$0.14 | −$0.03 | +78.35% | $141.3M | SEC |
| Q4 2021 | Feb 10, 2022 | −$0.08 | −$0.05 | +33.33% | $136.9M | SEC |
| Q3 2021 | Oct 27, 2021 | −$0.02 | $0.04 | +343.90% | $128.1M | SEC |
Quarterly revenue
Frequently asked questions
When did Upwork (UPWK) last report earnings?
Upwork last reported on Aug 10, 2026, covering fiscal Q2 2026.
Did UPWK beat earnings estimates?
Yes. Upwork reported EPS of $0.41 for Q2 2026 against a $0.34 estimate — a 19.74% beat.
How much revenue did UPWK report last quarter?
Upwork reported $191.7M in revenue for Q2 2026, against a consensus estimate of $190.0M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
