UPWK
Upwork Inc.
Price Chart
Latest Quote
$8.07
| Previous Close | $8.43 |
| Open | $8.34 |
| Day High | $8.37 |
| Day Low | $8.02 |
| Volume | 3,563,873 |
Stock Information
| Shares Outstanding | 123.52M |
| Total Debt | $379.48M |
| Cash Equivalents | $579.73M |
| Revenue | $790.56M |
| Net Income | $109.16M |
| Sector | Communication Services |
| Industry | Internet Content & Information |
| Market Cap | $996.79M |
| P/E Ratio | 9.96 |
| EPS (TTM) | $0.81 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $841.00M |
| Sales | $790.56M |
| Income | $109.16M |
| Book/sh | $4.61 |
| Cash/sh | $4.69 |
| Employees | 630 |
Financial Ratios
| Quick Ratio | 1.01 |
| Current Ratio | 1.36 |
| Debt/Eq | 66.62 |
| EPS Growth TTM | -16.60% |
Returns & Margins
| ROA | 6.43% |
| ROE | 18.76% |
| Gross Margin | 77.54% |
| Operating Margin | 16.74% |
| Profit Margin | 13.81% |
Ownership
| Insider Ownership | 5.16% |
| Institutional Ownership | 98.40% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 4.60 |
| PEG | 0.85 |
| P/S | 1.26 |
| P/B | 1.75 |
Analyst Data
| Recommendation | none |
| Target Price | $12.17 |
Technical Indicators
| SMA20 | $8.66 |
| SMA50 | $9.54 |
| SMA200 | $15.14 |
| RSI | 40.58 |
| ATR | 0.3986 |
| Shares Float | 114.51M |
| Short Float | 28.44% |
| Short Ratio | 4.02 |
| Volatility | 0.99 |
| Rel Volume | 1.12 |
Performance History
| Week | -5.83% |
| Month | -7.77% |
| Quarter | -33.25% |
| 6 Months | -62.25% |
| YTD | -59.32% |
| Year | -41.22% |
| 3 Years | -6.60% |
| 5 Years | -83.80% |
| 10 Years | -61.90% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-17 | $8.07 | 3,563,873 |
| 2026-06-16 | $8.43 | 3,190,100 |
| 2026-06-15 | $8.48 | 1,797,000 |
| 2026-06-12 | $8.49 | 2,828,500 |
| 2026-06-11 | $8.46 | 3,766,100 |
| 2026-06-10 | $8.57 | 2,251,100 |
| 2026-06-09 | $8.82 | 3,147,500 |
| 2026-06-08 | $8.87 | 2,253,400 |
| 2026-06-05 | $8.76 | 4,311,100 |
| 2026-06-04 | $8.74 | 3,096,900 |
| 2026-06-03 | $8.56 | 3,929,300 |
| 2026-06-02 | $8.98 | 4,264,700 |
| 2026-06-01 | $9.37 | 3,587,200 |
| 2026-05-29 | $8.82 | 5,890,700 |
| 2026-05-28 | $8.59 | 2,699,100 |
| 2026-05-27 | $8.64 | 2,620,700 |
| 2026-05-26 | $8.59 | 2,827,400 |
| 2026-05-22 | $8.80 | 2,547,200 |
| 2026-05-21 | $8.44 | 2,448,700 |
| 2026-05-20 | $8.66 | 2,875,300 |
| 2026-05-19 | $8.45 | 3,712,600 |
| 2026-05-18 | $8.75 | 7,433,900 |
About Upwork Inc.
Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally. The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its marketplace also streamlines workflows, such as talent sourcing, outreach, contracting, and engagement management, as well as provides infrastructure for remote collaboration, including communication and collaboration tools, consolidated invoicing, and payment protection; and Upwork Payroll services. It also offers enterprise solutions that provide access to platform capabilities that support contingent workforce solutions, including sourcing, onboarding, classification, compliance and contract management, payments, and reporting. In addition, the company offers managed services that provide a service-led program management and end-to-end project delivery solution that enables enterprise clients to outsource defined functions or projects; Uma, an AI assistant; and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was founded in 1998 and is headquartered in Palo Alto, California.
đ° Latest News
2 Reasons to Like UPWK (and 1 Not So Much)
StockStory âĸ 2026-06-12T15:25:20Z2 Value Stocks with Exciting Potential and 1 We Avoid
StockStory âĸ 2026-06-05T16:32:14ZAssessing Upwork (UPWK) Valuation After Client Declines And Pomerantz Securities Investigation
Simply Wall St. âĸ 2026-05-25T02:08:43ZWeWork, Upwork CEOs Say AI Is Putting Major Pressure On Gen Z Hiring
Benzinga âĸ 2026-05-21T19:31:02ZEtsy, Coupang, and Upwork Stocks Trade Down, What You Need To Know
StockStory âĸ 2026-05-21T12:04:55ZPayoneer Global (PAYO) Renews Strategic Global Partnership with Upwork
Insider Monkey âĸ 2026-05-18T04:49:58ZUPWK Q1 Deep Dive: Lowered Revenue Outlook and Cost Cuts Amid AI Shifts
StockStory âĸ 2026-05-15T22:36:55ZUpwork (UPWK) Is Down 23.8% After Job Cuts And AI Platform Overhaul Announced - What's Changed
Simply Wall St. âĸ 2026-05-15T02:09:00ZBullish Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-14T20:05:59Z3 of Wall Streetâs Favorite Stocks for Long-Term Investors
StockStory âĸ 2026-05-14T01:56:55ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $174,752,000 | $174,094,000 | $170,450,000 | $160,402,000 |
| Cost Of Revenue | $174,752,000 | $174,094,000 | $170,450,000 | $160,402,000 |
| Total Revenue | $787,784,000 | $769,325,000 | $689,136,000 | $618,318,000 |
| Operating Revenue | $787,784,000 | $769,325,000 | $689,136,000 | $618,318,000 |
| Expenses | ||||
| Total Expenses | $658,477,000 | $704,119,000 | $700,396,000 | $710,942,000 |
| Other Income Expense | $23,869,000 | $25,221,000 | $60,137,000 | $3,275,000 |
| Other Non Operating Income Expenses | $23,869,000 | $25,221,000 | $60,137,000 | $3,275,000 |
| Operating Expense | $483,725,000 | $530,025,000 | $529,946,000 | $550,540,000 |
| Selling And Marketing Expense | $143,412,000 | $185,211,000 | $220,681,000 | $246,882,000 |
| General And Administrative Expense | $146,629,000 | $128,803,000 | $118,925,000 | $123,952,000 |
| Interest Expense | - | - | - | $4,483,000 |
| Net Non Operating Interest Income Expense | - | - | - | $-4,483,000 |
| Interest Expense Non Operating | - | - | - | $4,483,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $115,425,000 | $215,586,000 | $46,887,000 | $-89,885,000 |
| Normalized Income | $115,425,000 | $215,586,000 | $46,887,000 | $-89,885,000 |
| Net Income From Continuing And Discontinued Operation | $115,425,000 | $215,586,000 | $46,887,000 | $-89,885,000 |
| Total Operating Income As Reported | $129,307,000 | $65,206,000 | $-11,260,000 | $-92,624,000 |
| Average Dilution Earnings | $2,069,000 | $2,239,000 | $-38,136,000 | $0 |
| Net Income Common Stockholders | $115,425,000 | $215,586,000 | $46,887,000 | $-89,885,000 |
| Net Income | $115,425,000 | $215,586,000 | $46,887,000 | $-89,885,000 |
| Net Income Including Noncontrolling Interests | $115,425,000 | $215,586,000 | $46,887,000 | $-89,885,000 |
| Net Income Continuous Operations | $115,425,000 | $215,586,000 | $46,887,000 | $-89,885,000 |
| Pretax Income | $153,176,000 | $90,427,000 | $48,877,000 | $-89,349,000 |
| Operating Income | $129,307,000 | $65,206,000 | $-11,260,000 | $-92,624,000 |
| Gross Profit | $613,032,000 | $595,231,000 | $518,686,000 | $457,916,000 |
| Net Interest Income | - | - | - | $-4,483,000 |
| Per Share | ||||
| Diluted EPS | $0.84 | $1.52 | $0.06 | $-0.69 |
| Basic EPS | $0.87 | $1.61 | $0.35 | $-0.69 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $155,758,000 | $82,856,000 | $1,458,000 | $-81,488,000 |
| Reconciled Depreciation | $26,451,000 | $17,650,000 | $12,718,000 | $11,136,000 |
| EBITDA (Bullshit earnings) | $155,758,000 | $82,856,000 | $1,458,000 | $-81,488,000 |
| EBIT | $129,307,000 | $65,206,000 | $-11,260,000 | $-92,624,000 |
| Diluted Average Shares | $140,660,000 | $143,152,000 | $137,263,000 | $130,518,000 |
| Basic Average Shares | $132,485,000 | $133,621,000 | $134,774,000 | $130,518,000 |
| Diluted NI Availto Com Stockholders | $117,494,000 | $217,825,000 | $8,751,000 | $-89,885,000 |
| Tax Provision | $37,751,000 | $-125,159,000 | $1,990,000 | $536,000 |
| Provision For Doubtful Accounts | $8,140,000 | $6,728,000 | $12,977,000 | $25,153,000 |
| Research And Development | $185,544,000 | $209,283,000 | $177,363,000 | $154,553,000 |
| Selling General And Administration | $290,041,000 | $314,014,000 | $339,606,000 | $370,834,000 |
| Other Gand A | $146,629,000 | $128,803,000 | $118,925,000 | $123,952,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $443,962,000 | $441,324,000 | $259,808,000 | $130,660,000 |
| Total Assets | $1,299,580,000 | $1,211,613,000 | $1,037,541,000 | $1,080,245,000 |
| Total Non Current Assets | $348,747,000 | $300,559,000 | $154,170,000 | $149,339,000 |
| Other Non Current Assets | $1,467,000 | $1,919,000 | $1,430,000 | $1,454,000 |
| Non Current Deferred Assets | $111,495,000 | $128,779,000 | $0 | - |
| Non Current Deferred Taxes Assets | $111,495,000 | $128,779,000 | $0 | - |
| Goodwill And Other Intangible Assets | $186,353,000 | $134,053,000 | $121,267,000 | $118,219,000 |
| Other Intangible Assets | $37,161,000 | $12,989,000 | $3,048,000 | - |
| Current Assets | $950,833,000 | $911,054,000 | $883,371,000 | $930,906,000 |
| Other Current Assets | $21,064,000 | $17,727,000 | $17,825,000 | $17,947,000 |
| Restricted Cash | $180,752,000 | $195,736,000 | $212,387,000 | $161,457,000 |
| Receivables | $76,236,000 | $75,490,000 | $103,061,000 | $64,888,000 |
| Accounts Receivable | $76,236,000 | $75,490,000 | $103,061,000 | $64,888,000 |
| Allowance For Doubtful Accounts Receivable | $-5,919,000 | $-4,646,000 | $-5,141,000 | $-12,464,000 |
| Gross Accounts Receivable | $82,155,000 | $80,136,000 | $108,202,000 | $77,352,000 |
| Cash Cash Equivalents And Short Term Investments | $672,781,000 | $622,101,000 | $550,098,000 | $686,614,000 |
| Cash And Cash Equivalents | $294,356,000 | $305,757,000 | $79,641,000 | $129,384,000 |
| Prepaid Assets | - | - | - | $17,947,000 |
| Debt | ||||
| Net Debt | $65,414,000 | $52,171,000 | $276,446,000 | $434,877,000 |
| Total Debt | $371,149,000 | $369,119,000 | $367,862,000 | $581,940,000 |
| Long Term Debt And Capital Lease Obligation | $9,707,000 | $367,495,000 | $362,175,000 | $575,438,000 |
| Current Debt And Capital Lease Obligation | $361,442,000 | $1,624,000 | $5,687,000 | $6,502,000 |
| Current Debt | $359,770,000 | - | - | - |
| Other Current Borrowings | $359,770,000 | - | - | - |
| Long Term Debt | - | $357,928,000 | $356,087,000 | $564,261,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $669,265,000 | $636,236,000 | $656,466,000 | $831,366,000 |
| Total Non Current Liabilities Net Minority Interest | $19,097,000 | $367,803,000 | $363,463,000 | $583,674,000 |
| Other Non Current Liabilities | $9,390,000 | $308,000 | $1,288,000 | $8,236,000 |
| Current Liabilities | $650,168,000 | $268,433,000 | $293,003,000 | $247,692,000 |
| Other Current Liabilities | $1,493,000 | $852,000 | $1,113,000 | $2,133,000 |
| Current Deferred Liabilities | $7,765,000 | $7,269,000 | $17,361,000 | $25,075,000 |
| Payables And Accrued Expenses | $227,610,000 | $228,022,000 | $242,970,000 | $196,743,000 |
| Payables | $208,325,000 | $213,258,000 | $230,621,000 | $183,108,000 |
| Other Payable | $180,752,000 | $195,736,000 | $212,387,000 | $161,457,000 |
| Total Tax Payable | $19,715,000 | $11,394,000 | $13,171,000 | $14,102,000 |
| Accounts Payable | $7,858,000 | $6,128,000 | $5,063,000 | $7,549,000 |
| Equity | ||||
| Common Stock Equity | $630,315,000 | $575,377,000 | $381,075,000 | $248,879,000 |
| Total Equity Gross Minority Interest | $630,315,000 | $575,377,000 | $381,075,000 | $248,879,000 |
| Stockholders Equity | $630,315,000 | $575,377,000 | $381,075,000 | $248,879,000 |
| Gains Losses Not Affecting Retained Earnings | $754,000 | $264,000 | $205,000 | $-3,085,000 |
| Other Equity Adjustments | $754,000 | $264,000 | $205,000 | $-3,085,000 |
| Retained Earnings | $36,949,000 | $-78,476,000 | $-294,062,000 | $-340,949,000 |
| Other | ||||
| Ordinary Shares Number | $130,545,236 | $135,348,453 | $137,272,754 | $132,475,809 |
| Share Issued | $130,545,236 | $135,348,453 | $137,272,754 | $132,475,809 |
| Tangible Book Value | $443,962,000 | $441,324,000 | $259,808,000 | $130,660,000 |
| Invested Capital | $990,085,000 | $933,305,000 | $737,162,000 | $813,140,000 |
| Working Capital | $300,665,000 | $642,621,000 | $590,368,000 | $683,214,000 |
| Capital Lease Obligations | $11,379,000 | $11,191,000 | $11,775,000 | $17,679,000 |
| Total Capitalization | $630,315,000 | $933,305,000 | $737,162,000 | $813,140,000 |
| Additional Paid In Capital | $592,599,000 | $653,575,000 | $674,918,000 | $592,900,000 |
| Capital Stock | $13,000 | $14,000 | $14,000 | $13,000 |
| Common Stock | $13,000 | $14,000 | $14,000 | $13,000 |
| Long Term Capital Lease Obligation | $9,707,000 | $9,567,000 | $6,088,000 | $11,177,000 |
| Current Deferred Revenue | $7,765,000 | $7,269,000 | $17,361,000 | $25,075,000 |
| Current Capital Lease Obligation | $1,672,000 | $1,624,000 | $5,687,000 | $6,502,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $51,858,000 | $30,666,000 | $25,872,000 | $17,239,000 |
| Current Accrued Expenses | $19,285,000 | $14,764,000 | $12,349,000 | $13,635,000 |
| Goodwill | $149,192,000 | $121,064,000 | $118,219,000 | $118,219,000 |
| Net PPE | $49,432,000 | $35,808,000 | $31,473,000 | $29,666,000 |
| Accumulated Depreciation | $-55,501,000 | $-44,356,000 | $-40,950,000 | $-32,843,000 |
| Gross PPE | $104,933,000 | $80,164,000 | $72,423,000 | $62,509,000 |
| Leases | $7,755,000 | $6,025,000 | $11,644,000 | $11,644,000 |
| Other Properties | $5,011,000 | $5,752,000 | $4,333,000 | $7,603,000 |
| Machinery Furniture Equipment | $92,167,000 | $68,387,000 | $56,446,000 | $43,262,000 |
| Properties | $0 | $0 | $0 | $0 |
| Other Short Term Investments | $378,425,000 | $316,344,000 | $470,457,000 | $557,230,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $223,120,000 | $139,119,000 | $36,357,000 | $2,764,000 |
| Operating Activities | ||||
| Operating Cash Flow | $248,259,000 | $153,563,000 | $52,708,000 | $11,497,000 |
| Cash Flow From Continuing Operating Activities | $248,259,000 | $153,563,000 | $52,708,000 | $11,497,000 |
| Operating Gains Losses | $750,000 | $750,000 | $-38,195,000 | $750,000 |
| Investing Activities | ||||
| Capital Expenditure | $-25,139,000 | $-14,444,000 | $-16,351,000 | $-8,733,000 |
| Investing Cash Flow | $-136,939,000 | $137,568,000 | $88,270,000 | $-69,468,000 |
| Cash Flow From Continuing Investing Activities | $-136,939,000 | $137,568,000 | $88,270,000 | $-69,468,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-135,959,000 | $-100,000,000 | $0 | $0 |
| Financing Cash Flow | $-138,005,000 | $-81,956,000 | $-139,791,000 | $1,143,000 |
| Cash Flow From Continuing Financing Activities | $-138,005,000 | $-81,956,000 | $-139,791,000 | $1,143,000 |
| Net Other Financing Charges | $-6,731,000 | $9,956,000 | $-145,884,000 | $-4,294,000 |
| Net Common Stock Issuance | $-135,959,000 | $-100,000,000 | $0 | $0 |
| Other | ||||
| Interest Paid Supplemental Data | $1,227,000 | $920,000 | $1,321,000 | $1,541,000 |
| Income Tax Paid Supplemental Data | $13,529,000 | $4,590,000 | $1,984,000 | $0 |
| End Cash Position | $478,908,000 | $505,593,000 | $296,418,000 | $295,231,000 |
| Beginning Cash Position | $505,593,000 | $296,418,000 | $295,231,000 | $352,058,000 |
| Changes In Cash | $-26,685,000 | $209,175,000 | $1,187,000 | $-56,827,000 |
| Proceeds From Stock Option Exercised | $4,685,000 | $8,088,000 | $6,093,000 | $5,437,000 |
| Common Stock Payments | $-135,959,000 | $-100,000,000 | $0 | $0 |
| Net Investment Purchase And Sale | $-53,394,000 | $166,345,000 | $104,621,000 | $-60,735,000 |
| Sale Of Investment | $431,784,000 | $528,667,000 | $813,835,000 | $521,152,000 |
| Purchase Of Investment | $-485,178,000 | $-362,322,000 | $-709,214,000 | $-581,887,000 |
| Net Business Purchase And Sale | $-58,406,000 | $-14,333,000 | $0 | $0 |
| Purchase Of Business | $-58,406,000 | $-14,333,000 | $0 | $0 |
| Net Intangibles Purchase And Sale | $-19,349,000 | $-10,916,000 | $-15,659,000 | $-7,485,000 |
| Purchase Of Intangibles | $-19,349,000 | $-10,916,000 | $-15,659,000 | $-7,485,000 |
| Net PPE Purchase And Sale | $-5,790,000 | $-3,528,000 | $-692,000 | $-1,248,000 |
| Purchase Of PPE | $-5,790,000 | $-3,528,000 | $-692,000 | $-1,248,000 |
| Change In Working Capital | $21,400,000 | $-14,992,000 | $-39,238,000 | $-10,786,000 |
| Change In Other Working Capital | $489,000 | $-10,882,000 | $-14,538,000 | $4,257,000 |
| Change In Other Current Liabilities | $188,000 | $-4,351,000 | $-5,903,000 | $-5,389,000 |
| Change In Payables And Accrued Expense | $26,577,000 | $5,699,000 | $3,233,000 | $6,268,000 |
| Change In Accrued Expense | $27,737,000 | $4,730,000 | $5,746,000 | $3,689,000 |
| Change In Payable | $-1,160,000 | $969,000 | $-2,513,000 | $2,579,000 |
| Change In Account Payable | $-1,160,000 | $969,000 | $-2,513,000 | $2,579,000 |
| Change In Prepaid Assets | $-2,570,000 | $-656,000 | $146,000 | $-630,000 |
| Change In Receivables | $-3,284,000 | $-4,802,000 | $-22,176,000 | $-15,292,000 |
| Other Non Cash Items | $1,842,000 | $1,842,000 | $2,098,000 | $2,961,000 |
| Stock Based Compensation | $65,390,000 | $68,391,000 | $74,195,000 | $75,501,000 |
| Provisionand Write Offof Assets | $6,706,000 | $5,505,000 | $8,673,000 | $23,306,000 |
| Amortization Of Securities | $-8,198,000 | $-11,911,000 | $-14,430,000 | $-1,486,000 |
| Deferred Tax | $18,493,000 | $-129,258,000 | $0 | $0 |
| Deferred Income Tax | $18,493,000 | $-129,258,000 | $0 | $0 |
| Depreciation Amortization Depletion | $26,451,000 | $17,650,000 | $12,718,000 | $11,136,000 |
| Depreciation And Amortization | $26,451,000 | $17,650,000 | $12,718,000 | $11,136,000 |
| Depreciation | $26,451,000 | $17,650,000 | $12,718,000 | $11,136,000 |
| Gain Loss On Investment Securities | $750,000 | $750,000 | $750,000 | $750,000 |
| Net Income From Continuing Operations | $115,425,000 | $215,586,000 | $46,887,000 | $-89,885,000 |
| Repayment Of Debt | - | $0 | $0 | $0 |
| Net Issuance Payments Of Debt | - | $0 | $0 | $0 |
| Net Long Term Debt Issuance | - | $0 | $0 | $0 |
| Long Term Debt Payments | - | $0 | $0 | $0 |
| Changes In Account Receivables | - | $-4,802,000 | $-22,176,000 | $-15,292,000 |
| Issuance Of Debt | - | - | $0 | $0 |
| Long Term Debt Issuance | - | - | $0 | $0 |
| Asset Impairment Charge | - | - | $0 | $0 |
| Gain Loss On Sale Of PPE | - | - | - | $0 |