# Upwork (UPWK) — Earnings

UPWK · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/upwk/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| 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 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1627475/000162747526000047/upwk-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/d6509ef5-16ea-294d-7b7b-5e90df0c6509.html) |

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

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 10, 2026 | $0.34 | $0.41 | 19.74% | $190.0M | $191.7M |
| Q1 2026 | May 7, 2026 | $0.27 | $0.35 | 29.06% | $195.9M | $195.5M |
| Q4 2025 | Feb 9, 2026 | $0.31 | $0.36 | 15.53% | $197.5M | $198.4M |
| Q3 2025 | Nov 3, 2025 | $0.29 | $0.36 | 26.14% | $193.3M | $201.7M |
| Q2 2025 | Aug 6, 2025 | $0.28 | $0.35 | 27.13% | $187.6M | $194.9M |
| Q1 2025 | May 5, 2025 | $0.27 | $0.34 | 24.95% | $188.5M | $192.7M |
| Q4 2024 | Feb 12, 2025 | $0.25 | $0.30 | 18.25% | $180.4M | $191.5M |
| Q3 2024 | Nov 6, 2024 | $0.26 | $0.29 | 10.27% | $185.6M | $193.8M |
| Q2 2024 | Aug 7, 2024 | $0.23 | $0.26 | 12.55% | $193.1M | $193.1M |
| Q1 2024 | May 1, 2024 | $0.18 | $0.22 | 19.70% | $185.9M | $190.9M |
| Q4 2023 | Feb 14, 2024 | $0.17 | $0.20 | 14.61% | $178.2M | $183.9M |
| Q3 2023 | Nov 7, 2023 | $0.10 | $0.21 | 102.70% | $168.2M | $175.7M |
| Q2 2023 | Aug 2, 2023 | −$0.00 | $0.10 | 11211.11% | $162.5M | $168.6M |
| Q1 2023 | May 3, 2023 | −$0.06 | −$0.01 | 82.82% | $159.0M | $160.9M |
| Q4 2022 | Feb 15, 2023 | −$0.03 | $0.04 | 243.88% | $159.3M | $161.4M |
| Q3 2022 | Oct 26, 2022 | −$0.07 | −$0.03 | 58.62% | $157.6M | $158.6M |
| Q2 2022 | Jul 27, 2022 | −$0.08 | −$0.04 | 50.80% | $147.7M | $156.9M |
| Q1 2022 | Apr 27, 2022 | −$0.14 | −$0.03 | 78.35% | $135.8M | $141.3M |
| Q4 2021 | Feb 10, 2022 | −$0.08 | −$0.05 | 33.33% | $131.8M | $136.9M |
| Q3 2021 | Oct 27, 2021 | −$0.02 | $0.04 | 343.90% | $126.6M | $128.1M |

## 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.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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