Industrials - Staffing & Employment Services - NASDAQ - US
$ 14.91
-1.26 %
$ 1.99 B
Market Cap
24.05
P/E
INCOME STATEMENT
689 M
REVENUE
-11.3 M
OPERATING INCOME
46.9 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Upwork Inc.
| Revenue | 689 M |
| Cost Of Revenue | 170 M |
| Gross Profit | 519 M |
| Operating Expenses | 530 M |
| Operating Income | -11.3 M |
| Other Expenses | -58.1 M |
| Net Income | 46.9 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | |
|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||
| Revenue | 689.1 | 618.3 | 502.8 | 373.6 | 300.6 | 253.4 | 202.6 | 164.4 |
| GROSS PROFIT | ||||||||
| Cost Of Revenue | 170.4 | 160.4 | 135.5 | 104.3 | 88.1 | 81.5 | 65.4 | 62.6 |
| Gross Profit | 518.7 | 457.9 | 367.3 | 269.4 | 212.4 | 171.9 | 137.1 | 101.9 |
| OPERATING INCOME | ||||||||
| Operating Expenses | 529.9 | 550.5 | 421.5 | 291.8 | 231.2 | 183.6 | 140.2 | 116.3 |
| Selling, General and Administrative Expenses | 339.6 | 370.8 | 296.4 | 204.7 | 163.2 | 122.3 | 90.4 | 72.9 |
| Research and Development Expenses | 177.4 | 154.6 | 119.1 | 83.5 | 64.0 | 55.5 | 45.6 | 37.9 |
| Operating Income | (11.3) | (92.6) | (54.2) | (22.4) | (18.7) | (11.7) | (3.1) | (14.5) |
| PRE-TAX INCOME | ||||||||
| Interest Income Expense | 1.0 | 4.5 | 2.2 | 0.8 | 1.3 | 2.0 | 1.0 | 0.9 |
| Total Other Income | 60.1 | 3.3 | (1.9) | (0.3) | 2.1 | (8.2) | (1.0) | (1.8) |
| Pre-Tax Income | 48.9 | (89.3) | (56.1) | (22.7) | (16.6) | (19.9) | (4.1) | (16.2) |
| NET INCOME | ||||||||
| Tax Provision | 2.0 | 0.5 | 0.1 | 0.1 | 28 K | 15 K | 22 K | 1 K |
| Net Income | 46.9 | (89.9) | (56.2) | (22.9) | (16.7) | (19.9) | (4.1) | (16.2) |
| EPS | 0.35 | 0.69 | 0.44 | 0.19 | 0.15 | 0.38 | 0.043 | 0.17 |