UPWORK, INC
UPWORK, INC
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 476 | 328 | 294 | 261 | 291 | 304 | 306 | 288 | 183 | 25 | 80 | 147 | |||||
Marketable Securities Current | 138 | 251 | 378 | 382 | 344 | 318 | 316 | 313 | 315 | 466 | 470 | 408 | |||||
Escrow Deposit | 193 | 204 | 181 | 211 | 212 | 216 | 196 | 214 | 219 | 223 | 212 | 178 | |||||
Accounts Receivable Net Current | 76 | 76 | 76 | 76 | 71 | 78 | 75 | 69 | 117 | 114 | 103 | 60 | |||||
Prepaid Expense And Other Assets Current | 25 | 24 | 21 | 18 | 21 | 22 | 18 | 19 | 23 | 20 | 18 | 17 | |||||
Assets Current | 909 | 883 | 951 | 949 | 939 | 938 | 911 | 904 | 856 | 848 | 883 | 810 | |||||
Property Plant And Equipment Net | 59 | 49 | 44 | 40 | 38 | 35 | 30 | 30 | 28 | 27 | 27 | 27 | |||||
Goodwill | 149 | 149 | 149 | 150 | 141 | 121 | 121 | 118 | 118 | 118 | 118 | 118 | |||||
Finite Lived Intangible Assets Net | 31 | 34 | 37 | 40 | 10 | 11 | 13 | 2 | 2 | 3 | 3 | - | |||||
Operating Lease Right Of Use Asset | 12 | 13 | 5 | 5 | 5 | 6 | 6 | 6 | 3 | 3 | 4 | 5 | |||||
Deferred Income Tax Assets Net | 110 | 111 | 111 | 125 | 127 | 128 | 129 | - | - | - | 0 | - | |||||
Other Assets Noncurrent | 4 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | |||||
Assets | 1,274 | 1,242 | 1,300 | 1,311 | 1,262 | 1,240 | 1,212 | 1,063 | 1,009 | 1,001 | 1,038 | 961 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 7 | 11 | 8 | 9 | 1 | 4 | 6 | 6 | 6 | 6 | 5 | 2 | |||||
Long Term Debt Current | 361 | 360 | 360 | 359 | - | - | 0 | - | - | - | - | - | |||||
Contract With Customer Liability Current | 9 | 8 | 8 | 8 | 8 | 7 | 7 | 9 | 11 | 14 | 17 | 21 | |||||
Liabilities Current | 638 | 647 | 650 | 660 | 280 | 275 | 268 | 284 | 285 | 289 | 293 | 253 | |||||
Long Term Debt Noncurrent | - | - | 0 | 0 | 359 | 358 | 358 | 357 | 357 | 357 | 356 | 356 | |||||
Operating Lease Liability Noncurrent | 14 | 15 | 10 | 10 | 10 | 10 | 10 | 9 | 5 | 5 | 6 | 7 | |||||
Other Liabilities Noncurrent | 11 | 10 | 9 | 12 | 4 | 2 | 0 | 0 | 1 | 1 | 1 | 3 | |||||
Liabilities | 663 | 672 | 669 | 683 | 653 | 646 | 636 | 651 | 647 | 652 | 656 | 618 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Treasury Stock Common Value | - | - | - | - | - | - | - | - | - | -2 | - | - | |||||
Additional Paid In Capital Common Stock | 517 | 501 | 593 | 606 | 616 | 635 | 654 | 636 | 615 | 627 | 675 | 655 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | -1 | -0 | 0 | -0 | |||||
Retained Earnings Accumulated Deficit | 94 | 68 | 37 | 21 | -8 | -41 | -78 | -226 | -253 | -276 | -294 | -311 | |||||
Stockholders Equity | 611 | 570 | 630 | 628 | 609 | 594 | 575 | 411 | 361 | 349 | 381 | 343 | |||||
Liabilities And Stockholders Equity | 1,274 | 1,242 | 1,300 | 1,311 | 1,262 | 1,240 | 1,212 | 1,063 | 1,009 | 1,001 | 1,038 | 961 | |||||
Allowance For Doubtful Accounts Receivable Current | 7 | 6 | 6 | 6 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 5 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 490 | 490 | 490 | 490 | 490 | 490 | 490 | 490 | 490 | 490 | 490 | 490 | |||||
Common Stock Shares Issued | 125 | 124 | 131 | 131 | 133 | 134 | 135 | 133 | 132 | 133 | 137 | 136 | |||||
Shares Outstanding | 125 | 124 | 131 | 131 | 133 | 134 | 135 | 133 | 132 | 133 | 137 | 136 | |||||
Treasury Stock Common Shares | - | - | - | - | - | - | - | - | - | 0 | - | - | |||||
Subscribe to unlock 17+ years of financial data, unlimited metrics, and saved tables
Subscribe to unlock 17+ years of data, unlimited metrics, and saved tables
Custom Table
Subscribe to unlock 17+ years of financial data, unlimited metrics, transformations, and saved visuals
Subscribe to unlock 17+ years of data, unlimited metrics, transformations, and saved visuals
Interactive Financial Visualizations
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -16.87% | -21.49% | -16.78% | - | - | - | - | - | - | - | - | - |
| 2025 | 16.29% | 2.33% | -1.58% | 28.79% | 60.25% | 33.89% | 11.53% | 17.80% | 24.92% | 0.15% | -17.31% | -20.71% |
| 2024 | -6.86% | -12.37% | -4.35% | -7.84% | 0.86% | 18.16% | 16.39% | 16.19% | 11.59% | -14.43% | -28.32% | -18.60% |
| 2023 | - | - | - | - | - | - | 18.70% | 23.61% | 16.96% | -6.84% | -14.19% | -7.13% |
Earnings Market Reaction data beyond 3 years is for subscribers only. Unlock the full earnings market reaction history Start 7-day free trial | ||||||||||||
Subscribe to unlock 17+ years of financial data and 90+ calculated metrics
Subscribe to unlock 17+ years of data and 90+ calculated metrics
Performance and Valuation Metrics
Rows marked with a lock icon are subscribers only — subscribe to unlock 90+ calculated metrics and 17+ years of history.
Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.42 | 1.36 | 1.46 | 1.44 | 3.36 | 3.41 | 3.39 | 3.18 | 3.00 | 2.93 | 3.01 | 3.20 | |||||
| Quick Ratio | 1.38 | 1.33 | 1.43 | 1.41 | 3.28 | 3.33 | 3.33 | 3.11 | 2.92 | 2.86 | 2.95 | 3.14 | |||||
| Working Capital | 270.74M | 236.10M | 300.67M | 288.48M | 659.36M | 663.32M | 642.62M | 619.85M | 570.57M | 558.53M | 590.37M | 556.95M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.08 | 1.18 | 1.06 | 1.09 | 1.07 | 1.09 | 1.11 | 1.58 | 1.79 | 1.87 | 1.72 | 1.80 | |||||
| Interest Coverage TTM | - | - | - | - | - | - | - | - | 71.34 | 18.84 | -4.46 | -11.02 | |||||
| Debt Ratio | 0.52 | 0.54 | 0.51 | 0.52 | 0.52 | 0.52 | 0.53 | 0.61 | 0.64 | 0.65 | 0.63 | 0.64 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.62 | 0.64 | 0.63 | 0.66 | 0.68 | 0.69 | 0.68 | 0.75 | 0.77 | 0.75 | 0.65 | 0.65 | |||||
| Days Sales Outstanding TTM | 34.24 | 35.51 | 35.15 | 34.09 | 44.33 | 45.52 | 42.36 | 31.07 | 44.86 | 44.07 | 44.48 | 34.86 | |||||
| Receivables Turnover TTM | 10.66 | 10.28 | 10.38 | 10.71 | 8.23 | 8.02 | 8.62 | 11.75 | 8.14 | 8.28 | 8.21 | 10.47 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.78 | 0.80 | 0.82 | 1.77 | 1.75 | 1.65 | 1.51 | 0.62 | 0.54 | 0.34 | 0.34 | 0.09 | |||||
| Free Cash Flow Per Share TTM | 1.75 | 1.79 | 1.83 | 1.38 | 1.26 | 1.26 | 1.12 | 1.00 | 0.84 | 0.55 | 0.39 | 0.30 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 77.21% | 77.54% | 77.82% | 77.75% | 77.84% | 77.73% | 77.37% | 76.72% | 76.18% | 75.78% | 75.27% | 75.14% | |||||
| Operating Profit Margin TTM | 15.10% | 15.60% | 16.41% | 14.68% | 13.67% | 11.78% | 8.48% | 7.88% | 6.82% | 3.73% | -1.63% | -6.03% | |||||
| Net Profit Margin TTM | 12.93% | 13.81% | 14.65% | 31.63% | 31.75% | 30.46% | 28.02% | 11.26% | 10.00% | 6.70% | 6.80% | 1.95% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 1.86% | 2.52% | 2.40% | 2.50% | 3.92% | 7.21% | 11.64% | 14.27% | 14.50% | 12.76% | 11.45% | 12.28% | |||||
| Net Income Growth (1Y) | -58.50% | -53.53% | -46.46% | 187.85% | 229.93% | 387.67% | 359.80% | 559.29% | -364.19% | -200.38% | -152.16% | -113.56% | |||||
| EPS Growth (1Y) | -55.73% | -50.95% | -46.00% | 189.19% | 228.07% | 391.82% | 363.77% | 573.45% | -369.63% | -197.79% | -150.52% | -113.10% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 10.17 | 12.86 | 22.75 | 9.92 | 7.24 | 7.51 | 10.13 | 16.15 | 19.00 | 34.71 | 42.74 | 118.24 | |||||
| P/B TTM | 1.69 | 2.47 | 4.17 | 3.90 | 2.92 | 2.97 | 3.80 | 3.37 | 3.91 | 4.79 | 5.26 | 4.49 | |||||
| P/S TTM | 1.32 | 1.78 | 3.33 | 3.14 | 2.30 | 2.29 | 2.84 | 1.82 | 1.90 | 2.32 | 2.91 | 2.31 | |||||
| Market Cap | 1.04B | 1.40B | 2.63B | 2.45B | 1.78B | 1.76B | 2.18B | 1.39B | 1.41B | 1.67B | 2.00B | 1.54B | |||||
| Enterprise Value | 723.53M | 1.23B | 2.51B | 2.33B | 1.63B | 1.60B | 2.04B | 1.24B | 1.36B | 1.78B | 2.06B | 1.57B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 217.38M | 229.09M | 242.29M | 181.58M | 166.74M | 169.89M | 150.04M | 133.02M | 109.79M | 75.47M | 51.97M | 40.06M | |||||
| Net Debt | -312.42M | -175.65M | -119.14M | -116.70M | -148.05M | -165.80M | -147.67M | -149.40M | -48.84M | 104.55M | 59.67M | 26.44M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| EV Revenue TTM | |||||||||||||||||
| EV FCF TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Insider Transactions
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Institutional Ownership
UPWORK, INC (UPWK) — SEC Financial Statements & Analysis
UPWORK, INC (UPWK) is a services-computer processing & data preparation company, incorporated in DE. UPWORK, INC trades on Nasdaq as: UPWK. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), UPWORK, INC reported a 1.86% year-over-year revenue growth, a Gross Profit Margin of 77.21% (TTM), a Debt-to-Equity ratio of 1.08x, a Price-to-Sales (P/S) ratio of 1.32x (TTM), a Price-to-Book (P/B) ratio of 1.69x (TTM), at a market cap of $1.04B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 1.86%
- Gross Profit Margin TTM
- 77.21%
- Debt To Equity
- 1.08x
- P/S TTM
- 1.32x
- P/B TTM
- 1.69x
- Market Cap
- $1.04B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is UPWORK, INC in?
UPWORK, INC (UPWK) operates in the Services-Computer Processing & Data Preparation industry.
What is UPWK's market cap?
UPWORK, INC (UPWK) has a market capitalization of $1.04B as of 2026-06-30.
What is UPWK's P/E ratio?
UPWORK, INC (UPWK)'s trailing twelve month P/E ratio is 10.17x as of 2026-06-30.
What exchange does UPWK trade on?
UPWORK, INC (UPWK) trades on the Nasdaq.
Where is UPWORK, INC incorporated?
UPWORK, INC is incorporated in DE.