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UPWK · Upwork, Inc

Track UPWK — free
Market Cap
$1.15B
Shares
124.90M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$787.78M +2.4%
FY2025 Revenue FY2016–FY2025
Net Income
$115.43M -46.5%
FY2025 Net Income FY2016–FY2025
Gross Margin
77.82% +0.4pp
FY2025 Gross Margin FY2016–FY2025
Operating Margin
16.41% +7.9pp
FY2025 Operating Margin FY2016–FY2025
Diluted EPS
$0.84 -44.7%
FY2025 Diluted EPS FY2019–FY2025
Operating Cash Flow
$248.26M +61.7%
FY2025 Operating Cash Flow FY2016–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016
$787.28M $787.78M $769.33M $689.14M $618.32M $502.8M $373.63M $300.56M $253.35M $202.55M $164.45M
$24.4M $7.9M $300K
$179.44M $174.75M $174.09M $170.45M $160.4M $135.51M $2.9M $900K $81.46M $65.44M $62.58M
$607.84M $613.03M $595.23M $518.69M $457.92M $367.29M $269.36M $212.42M $171.9M $137.11M $101.87M
77.82% 77.37% 75.27% 74.06% 73.05% 72.09% 70.67% 67.85% 67.69% 61.95%
$181.75M $185.54M $209.28M $177.36M $154.55M $119.08M $83.47M $64.03M $55.49M $45.6M $37.9M
$143.34M $143.41M $185.21M $220.68M $246.88M $183.29M $133.23M $95.89M $72.96M $53.04M $37.44M
$154.96M $146.63M $128.8M $118.93M $123.95M $113.08M $71.52M $67.33M $49.34M $37.33M $35.45M
$9.4M $2.1M $0 $0 $700K $2.7M $2.7M $2.7M $2.7M $5.7M
$32.85M $25.71M $14.81M $9.45M $8.06M
$488.93M $483.73M $530.03M $529.95M $550.54M $421.51M $291.77M $231.15M $183.61M $140.23M $116.34M
$118.91M $129.31M $65.21M -$11.26M -$92.62M -$54.22M -$22.41M -$18.73M -$11.71M -$3.12M -$14.47M
16.41% 8.48% -1.63% -14.98% -10.78% -6% -6.23% -4.62% -1.54% -8.8%
$151.76M $155.02M $80.02M -$1.81M -$84.57M
$3.65M $4.48M $2.18M $778K $1.31M $2.04M $960K $858K
$24.4M $27.4M $28M $24.4M $7.9M
$20.63M $23.87M $25.22M $60.14M $3.28M -$1.9M $469K $3.41M -$6.14M -$62K -$908K
$139.54M $153.18M $90.43M $48.88M -$89.35M -$56.12M -$22.72M -$16.63M -$19.89M -$4.15M -$16.23M
$37.71M $37.75M -$125.16M $1.99M $536K $122K $150K $28K $15K -$22K -$1000
$101.83M $115.43M $215.59M $46.89M -$89.89M -$56.24M -$22.87M -$16.66M -$19.91M -$4.12M -$16.23M
14.65% 28.02% 6.8% -14.54% -11.19% -6.12% -5.54% -7.86% -2.04% -9.87%
$101.83M $115.43M $215.59M $46.89M -$89.89M -$56.24M -$16.66M -$19.91M -$10.63M -$16.23M
$101.07M $115.92M $215.65M $50.18M -$92.44M -$56.79M -$22.89M
USD/shares $0.80 $0.87 $1.61 $0.35 -$0.69 -$0.44 -$0.19 -$0.15
USD/shares $0.77 $0.84 $1.52 $0.06 -$0.69 -$0.44 -$0.19 -$0.15
shares 132.49M 133.62M 134.77M 130.52M 127.16M 118.7M 109.81M 52.33M 32.94M 32.07M
shares 140.66M 143.15M 137.26M 130.52M 127.16M 118.7M 109.81M 52.33M 32.94M 32.07M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2022–FY2025: $235.96M in buybacks.

Debt Profile

Annual debt figures are established from 10-K filings and updated by subsequent 10-Q disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.

Coverage backlog: 36 eligible filings and 0 covenant artifacts have no current-version terminal extraction result. This includes untouched sources and sources on the retry ladder.
No terminal debt extraction result is available yet; this is not evidence that the company has no debt.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
1.14×
Peer median 1.45×
EV/EBIT
7.54×
Peer median 12.54×
P/E (TTM)
11.96×
Peer median 12.90×

Peer medians compare against the 25 similar-size Internet Content & Information companies (of 50 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022
Reportable Segment $787,784,000 $769,325,000 $689,136,000 $618,318,000

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Enterprise $682,883,000 $662,108,000 $586,099,000 $518,282,000
Marketplace $104,901,000 $107,217,000 $103,037,000 $100,036,000 $427,476,000 $223,831,000
Enterprise and Managed Services $75,321,000
Managed Services $35,476,000 $32,278,000 $29,523,000
Marketplace Basic Plus and Other $317,942,000 $253,099,000
Marketplace Enterprise $20,210,000 $15,185,000
Key facts CIK 1627475 CUSIP 91688F104 13F (30d) 226 filings 225 filers Visit website Investor relations