Upwork Inc.

Upwork Inc.

UPWK
Upwork Inc.US flagNASDAQ Global Select
8.49
USD
+0.03
- -
1.05BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.71
2.11
4.84
2.74
3.15
3.95
4.74
5.11
5.76
5.95
6.05
Basic EPS, GAAP
-0.17
-0.04
-0.38
-0.15
-0.19
-0.44
-0.69
0.35
1.61
0.87
0.83
Free Cash Flow per Basic Share
0.02
-0.07
0.13
-0.14
0.07
0.04
0.02
0.27
1.04
1.68
1.57
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.25
-1.29
-2.74
-1.57
-1.64
-1.97
-2.61
-2.18
-0.59
0.28
0.52
Tangible Book Value per Share
-3.53
-3.39
2.28
1.26
1.52
1.11
1
1.93
3.3
3.35
2.95
Basic Weighted Avg Shares
96
96
52
110
119
127
131
135
134
132
131
Sales/Revenue/Turnover
164
203
253
301
374
503
618
689
769
788
791
Operating Margin (%)
-8.8
-1.54
-4.62
-6.23
-6
-10.78
-14.98
-1.63
8.48
16.41
15.6
Depreciation Expense
8
4
5
11
14
14
11
13
18
26
31
Net Income, GAAP
-16
-4
-20
-17
-23
-56
-90
47
216
115
109
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
4.07
- -
24.65
25.17
Profit Margin (%)
-9.87
-2.04
-7.86
-5.54
-6.12
-11.19
-14.54
6.8
28.02
14.65
13.81
Working Capital
31
29
128
132
162
696
683
590
643
301
236
LT Debt
14
23
18
32
24
578
575
362
367
10
15
Total Equity
-30
-31
244
259
299
260
249
381
575
630
570
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
-1.36
- -
9.91
9.51
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
29.79
- -
33.04
28.08
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
361
361
364
LT Borrowings
- -
- -
- -
LT Finance Leases
10
10
15
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
131
131
124
Market Capitalization
2,477
2,626
1,433

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
949
951
883
Cash, Cash Equivalents & STI
643
673
580
Accounts Receivable, Net
76
76
76
Inventories
- -
- -
- -
Total Current Liabilities
660
650
647
Payables & Accruals
251
228
257
ST Debt
361
361
364
Deferred Revenue
8
8
8

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
19.25%
9.55%
Free Cash Flow
- -
295.19%
60.38%
Net Income, GAAP
- -
73.39%
-46.46%
Sales/Revenue/Turnover
- -
16.61%
2.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
191
193
194
191
769
2025
193
195
202
198
788
2026
195
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
0.17
0.21
1.1
1.61
2025
0.28
0.25
0.22
0.12
0.87
2026
0.25
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Hayden Brown
Full Time Employees
600
Sector
Industrials
Industry
Staffing & Employment Services
Address
475 Brannan Street Palo Alto CA United States of America 95054
IPO Date
Oct 3, 2018
Website
upwork.com
Business
Upwork Inc. (Nasdaq: UPWK) operates the world's largest human and AI-powered work marketplace, connecting businesses ranging from Fortune 100 enterprises to startups with independent talent from 180 countries for freelance and contingent workforce solutions; core offerings include the Upwork freelance platform for hiring professionals in categories such as website development, virtual assistance, sales and marketing, accounting, consulting, logo design, WordPress development, content creation, video editing, illustration, SEO, ecommerce, data entry, translation, localization, project management, and digital marketing, supported by features like AI-enhanced job posting, talent matching, messaging, time tracking, secure payments, and the Uma AI work agent for recruitment, workflows, and project support. Founded in 2015 through the merger and rebranding of Elance (established 1998) and oDesk (established 2003), the company maintains dual headquarters in Santa Clara and San Francisco, California, with additional offices in Chicago, Illinois, and a new international operational hub planned in Lisbon, Portugal, by Q4 2026 to scale AI infrastructure and technical roles. In recent developments, Upwork acquired Bubty, a freelance management system, and Ascen, a global compliance and employer-of-record provider, in 2025 to launch Lifted, a standalone enterprise subsidiary offering full-stack contingent workforce solutions including agent-of-record, employer-of-record, and staff augmentation for large clients; the company introduced AI-native enhancements driving over 50% year-over-year growth in AI-related gross services volume, announced a $100 million share repurchase authorization, raised full-year 2025 revenue guidance to $782 million-$787 million, and outlined a multi-year growth plan targeting 6-8% revenue growth in 2026 with expanded focus on SMBs and enterprise markets.

Company News

MCPAPIChat
  • UPWK Investors Have Opportunity to Join Upwork Inc. Fraud Investigation with the Schall Law Firm

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Upwork Inc. - UPWK

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Upwork Inc. - UPWK

  • UPWK Investors Have Opportunity to Join Upwork Inc. Fraud Investigation with the Schall Law Firm

  • UPWK Investors Have Opportunity to Join Upwork Inc. Fraud Investigation with the Schall Law Firm

  • Upwork Announces Board Refreshment, Strengthening Financial and Operational Expertise for Its Next Chapter

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Upwork Inc. - UPWK

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Upwork Inc. - UPWK

  • UPWK Investors Have Opportunity to Join Upwork Inc. Fraud Investigation with the Schall Law Firm

  • UPWK Investors Have Opportunity to Join Upwork Inc. Fraud Investigation with the Schall Law Firm

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Upwork Inc. - UPWK

  • Upwork Inc. (UPWK) Securities Fraud Investigation - Levi & Korsinsky

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Upwork Inc. - UPWK

  • Lost Money on Upwork Inc. (UPWK)? Possible Fraud - Contact Levi & Korsinsky Today

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Upwork Inc. - UPWK

  • Upwork to Present at The Jefferies Software Conference

  • Levi & Korsinsky Announces Investigation of Securities Claims Against Upwork Inc. (UPWK)

  • Levi & Korsinsky Announces Investigation of Securities Claims Against Upwork Inc. (UPWK)

  • Securities Fraud Investigation Into Upwork Inc. (UPWK) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

  • Upwork Inc. (UPWK) Shareholders Who Lost Money -- Contact Law Offices of Howard G. Smith About Securities Fraud Investigation