Upwork Inc. (UPWK)

Triumph Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	771.09	769.33	689.14	618.32	502.8	373.63
Revenue Growth (YoY)	7.21%	11.64%	11.45%	22.98%	34.57%	24.31%
Cost of Revenue	171.37	173.76	170.45	160.4	135.51	104.27
Gross Profit	599.72	595.57	518.69	457.92	367.29	269.36
Selling, General & Admin	287.53	303.58	339.61	370.83	287.63	204.74
Research & Development	194.37	201.13	177.36	154.55	119.08	83.47
Other Operating Expenses	8.06	6.73	12.98	25.15	6.05	3.56
Operating Expenses	489.95	511.44	529.95	550.54	412.77	291.77
Operating Income	109.77	84.13	-11.26	-92.62	-45.48	-22.41
Interest Expense	-2.76	-2.76	-3.22	-4.48	-	-0.78
Interest & Investment Income	27.36	27.96	24.42	7.92	0.3	1.07
Currency Exchange Gain (Loss)	0.1	0.1	0.5	-0.2	-0.5	-0.6
Other Non Operating Income (Expenses)	0.38	0.18	-0.51	0.04	-1.7	-
EBT Excluding Unusual Items	134.85	109.61	9.93	-89.35	-47.38	-22.72
Merger & Restructuring Charges	-19.19	-19.19	-	-	-	-
Asset Writedown	-	-	-	-	-8.74	-
Other Unusual Items	-	-	38.95	-	-	-
Pretax Income	115.66	90.43	48.88	-89.35	-56.12	-22.72
Income Tax Expense	-119.21	-125.16	1.99	0.54	0.12	0.15
Net Income	234.87	215.59	46.89	-89.89	-56.24	-22.87
Net Income to Common	234.87	215.59	46.89	-89.89	-56.24	-22.87
Net Income Growth	387.68%	359.80%	-	-	-	-
Shares Outstanding (Basic)	133	134	135	131	127	119
Shares Outstanding (Diluted)	143	143	137	131	127	119
Shares Change (YoY)	2.69%	4.29%	5.17%	2.64%	7.13%	8.09%
EPS (Basic)	1.76	1.61	0.35	-0.69	-0.44	-0.19
EPS (Diluted)	1.66	1.52	0.06	-0.69	-0.44	-0.19
EPS Growth	373.01%	2286.77%	-	-	-	-
Free Cash Flow	169.89	150.04	52.02	10.25	9.81	16.05
Free Cash Flow Per Share	1.19	1.05	0.38	0.08	0.08	0.14
Gross Margin	77.78%	77.41%	75.27%	74.06%	73.05%	72.09%
Operating Margin	14.24%	10.94%	-1.63%	-14.98%	-9.04%	-6.00%
Profit Margin	30.46%	28.02%	6.80%	-14.54%	-11.19%	-6.12%
Free Cash Flow Margin	22.03%	19.50%	7.55%	1.66%	1.95%	4.29%
EBITDA	115.7	88.84	-8.31	-89.47	-41.12	-16.14
EBITDA Margin	15.00%	11.55%	-1.21%	-14.47%	-8.18%	-4.32%
D&A For EBITDA	5.92	4.71	2.95	3.16	4.36	6.27
EBIT	109.77	84.13	-11.26	-92.62	-45.48	-22.41
EBIT Margin	14.24%	10.94%	-1.63%	-14.98%	-9.04%	-6.00%
Effective Tax Rate	-	-	4.07%	-	-	-
Advertising Expenses	-	57.1	83.2	121.2	90.8	51.4

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q