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UPWK (Upwork) Pre-Tax Income : $87.9 Mil (TTM As of Sep. 2024)


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What is Upwork Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Upwork's pretax income for the three months ended in Sep. 2024 was $28.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $87.9 Mil. Upwork's pretax margin was 14.91%.

During the past 8 years, Upwork's highest Pretax Margin was 11.54%. The lowest was -14.45%. And the median was -6.97%.


Upwork Pre-Tax Income Historical Data

The historical data trend for Upwork's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Upwork Pre-Tax Income Chart

Upwork Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial -16.63 -22.72 -56.12 -89.35 48.88

Upwork Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.23 15.82 19.77 23.40 28.88

Competitive Comparison of Upwork's Pre-Tax Income

For the Internet Content & Information subindustry, Upwork's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Upwork's Pre-Tax Income Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Upwork's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Upwork's Pre-Tax Income falls into.



Upwork Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Upwork's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-11.26+60.137+0+0+0
=48.9

Upwork's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=20.793+8.091+0+0+0
=28.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $87.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Upwork  (NAS:UPWK) Pre-Tax Income Explanation

Upwork's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=28.884/193.776
=14.91%

During the past 8 years, Upwork's highest Pretax Margin was 11.54%. The lowest was -14.45%. And the median was -6.97%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Upwork Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Upwork's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Upwork Business Description

Traded in Other Exchanges
Address
475 Brannan Street, Suite 430, San Francisco, CA, USA, 94107
Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The business generates revenue from Talent and Clients across the USA, India, the Philippines and the rest of the world. Substantial income is derived from providing services to clients.
Executives
Hayden Brown director, officer: President & CEO C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Olivier Marie officer: Chief Accounting Officer C/O UPWORK, INC., 475 BRANNAN STREET SUITE 430, SAN FRANCISCO CA 94107
Erica Gessert officer: Chief Financial Officer C/O UPWORK INC., 475 BRANNAN STREET, SUITE 430, SAN FRANCISCO CA 94107
Elizabeth A Nelson director MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Gary Steele director C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Jeff Mccombs officer: Chief Financial Officer C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Eric Gilpin officer: Senior VP, Sales C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Leela Srinivasan director C/O UPWORK, INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Kevin Harvey director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Thomas Layton director, other: Chairman C/O TICKETMASTER ONLINE CITYSEARCH INC, 790 E COLORADO BLVD STE 200, PASADENA CA 91101
Anilu Vazquez-ubarri director C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Gregory C. Gretsch director C/O RESPONSYS, INC., 900 CHERRY AVENUE, 5TH FLOOR, SAN BRUNO CA 94066
Brian K Kinion officer: Chief Financial Officer C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Stephane Kasriel director C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Han-shen Yuan officer: SVP, Engineering C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043