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UPWK · Upwork, Inc

Track UPWK — free
Market Cap
$1.13B
Shares
124.90M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$9.02 Open$8.91 Day$8.88–9.08 52W close$7.84–22.11 Avg vol 30d3.7M Short int19.2M · 15.4% float · 3.6d Short vol42% Last earningsAug 10, 2026 DataJan 2020–Aug 2026 Filing10-Q · Aug 10

Up next

Next earnings call
Nov 10, 2026 Est · unconfirmed · in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Aug 10, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Equibles Rating

      blended score · not investment advice
      Overall
      Sell
      SellHoldBuy
      Technical Neutral Momentum Very Weak Sentiment Neutral Fundamentals Strong Quant / Vol Very High
      Market backdrop VIX 14.4 · calm Equity put/call 0.62
      Technical
      price trend
      Neutral
      50 / 200-day cross No cross
      Price vs 200-day avg −31%
      below
      Price vs 50-day avg +2%
      above
      RSI (14) 53
      neutral
      MACD trend Positive
      52-week position 8%
      near low
      Momentum
      relative strength
      Very Weak
      1-month return −2%
      trailing
      6-month return −32%
      trailing
      YTD return −54%
      this year
      Relative strength −46%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $9 › 200d $13 — 200d above 50d
      Institutional flow Accumulating
      +1% holders QoQ · +57 funds added
      Insider flow Distributing
      Net -$490.5K over 90 days · 100% sells
      Short interest Falling
      15.36% of float · ▼ -16.2% MoM · 3.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      298 holders — mid 3-yr range
      Squeeze score 62
      elevated · 0–100
      Fundamentals
      Strong
      Revenue growth +2%
      Y/Y
      Gross margin 78%
      expanding
      EPS growth −45%
      Y/Y
      Free cash flow $242.5M
      Valuation P/E 11.7
      in line
      Buyback $254.3M
      remaining
      Balance sheet $65.4M
      net debt
      Quant / Vol
      risk profile
      Very High
      Volatility 62%
      annualized · 1-yr
      Max drawdown −65%
      past year
      ATR 4.4%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Beat or met 8 of last 8
      Latest guidance · from the 8-K filed Aug 10, 2026
      third quarter of 2026
      Revenue Initiated $176M – $184M
      prior qtr $191.66M midpoint −6.1% QoQ
      Non-GAAP diluted EPS Non-GAAP Initiated $0.31 – $0.33
      full year 2026
      Revenue Maintained $730M – $750M
      Jun 30, 2026 $730M – $750M changed to Aug 10, 2026 $730M – $750M
      prior FY $787.78M midpoint −6.1% Y/Y
      Adjusted EBITDA Initiated $225M – $235M
      Non-GAAP diluted EPS Non-GAAP Lowered $1.38 – $1.43
      May 7, 2026 $1.50 – $1.55 changed to Aug 10, 2026 $1.38 – $1.43
      Prior guidance period ended · from the 8-K filed May 7, 2026
      Revenue · second quarter of 2026 $187M – $193M
      Adjusted EBITDA · second quarter of 2026 $56M – $59M
      Non-GAAP diluted EPS · second quarter of 2026 $0.35 – $0.37
      Guided vs delivered · last 8 settled
      Revenue second quarter of 2026
      guided $187M – $193M
      $191.66M In line
      Revenue fourth quarter of 2025
      guided $193M – $198M
      $198.41M Beat +1.5%
      Revenue full year 2025
      guided $782M – $787M
      $787.78M Beat +0.4%
      Revenue third quarter of 2025
      guided $190M – $195M
      $201.73M Beat +4.8%

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Neutral
      2 · 2 · 2
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −31% Bearish
      Price vs 50-day avg
      +2% Bullish
      RSI (14)
      53 Neutral
      MACD trend
      Positive Bullish
      52-week position
      8% Bearish
      Market signals — smart money & positioning
      Bullish · 2 of 6
      Trend (MA cross) No cross
      50d $9 › 200d $13 — 200d above 50d
      Institutional flow Accumulating
      +1% holders QoQ · +57 funds added
      Insider flow Distributing
      Net -$490.5K over 90 days · 100% sells
      Short interest Falling
      15.36% of float · ▼ -16.2% MoM · 3.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      298 holders — mid 3-yr range
      Price context
      position in its 52-week range
      Range low $8 Now $9 · 8% Range high $22
      vs 200-day avg -31% vs 50-day avg +2%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      GAAP → non-GAAP reconciliation
      GAAP Net income $25.4M
      +$14.12M Stock-based compensation expense
      +$8.78M Depreciation and amortization
      -$3.97M Other income, net
      +$6.7M Income tax provision
      +$13.01M Other
      = Adjusted EBITDA $64.05M
      GAAP → non-GAAP reconciliation
      GAAP Cash provided by operating activities $46.87M
      -$10.94M Purchases of property, plant & equipment and cash outflows from internally developed software
      = Free cash flow $35.94M
      Marketplace take rate 19.6% the three months ended June 30, 2026 filing
      Active clients 785,000 as of December 31, 2025
      Diluted earnings (loss) per share, Non-GAAP non-GAAP $1.41 Twelve Months Ended December 31, 2025
      GSV from AI-related work $300M Q4 2025
      Net income, Non-GAAP non-GAAP $196.07M Twelve Months Ended December 31, 2025
      Q4 2025 Business Plus active clients growth 49% Q4 2025
      Q4 2025 GSV from Upwork Business Plus offering for SMBs increase 24% Q4 2025

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Internet Content & Information — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      UPWK
      Upwork, Inc
      this stock
      $1.13B -54.5% +2.4% 11.7 15.4%
      GOOGL
      Alphabet Inc.
      $4.24T +10.7% +15.1% 17.4 0.6%
      META
      Meta Platforms, Inc.
      $1.45T -12.4% +47.1% 21.5 1.1%
      SPOT
      Spotify Technology S.A.
      $112.14B -5.7% 2.4%
      NBIS
      Nebius Group N.V.
      $59.39B +149.9% +479.0% 20.4%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Reducing
      Holders
      298
      % held
      102.8%
      Net QoQ
      -9.7M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      321
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      19.2M
      Days to cover
      3.6d
      Change
      -3.7M sh
      View
      Short Volume
      Short vol %
      42%
      As of
      Aug 28, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      2.9K
      Value
      $26.4K
      As of
      Jul 31, 2026
      View
      Off-Exchange
      Off-exchange %
      34.8%
      Week of
      Jul 20, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$490.5K
      Buyers / Sellers
      0 / 4
      Buyers Sellers
      View
      Financials
      Financials
      Revenue (FY)
      $787.8M
      Net income (FY)
      $115.4M
      EPS diluted
      $0.84
      View
      Buybacks
      Authorized
      $300.0M
      Remaining
      $254.3M
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Aug 10, 2026
      This year
      13
      View
      Proposed Sales
      Value
      $409.5K
      Shares
      50.0K
      Filed
      Aug 18, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Aug 10, 2026
      View
      Investor Relations
      Latest news
      Upwork to Present at Goldman Sach…
      Published
      Aug 26, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      UPWK +4.8% -1.5% -32.3% -1.5% -54.5%
      SPY +0.5% +3.0% +13.4% +3.0% +12.8%
      vs SPY +4.3% -4.5% -45.8% -4.5% -67.3%

      Capital returns

      Buyback program · as of Jun 30, 2026
      Authorized
      $300.00M
      Spent (derived)
      $45.70M
      Remaining
      $254.30M
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1627475 CUSIP 91688F104 13F (30d) 239 filings 238 filers Visit website Investor relations