UPWORK, INC
UPWKNasdaq
$9.06
↓ -5.5%Jul 17 close · end-of-day
Price
1Y↓ -32.0%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.2B
Enterprise Value
$1.0B
P/E
11.2
P/S
1.6
P/B
2.2
EV/EBITDA
6.6
PEG
—
FCF Yield
18.6%
Dividend Yield
—
Revenue (TTM)
$790.6M
Net Income (TTM)
$109.2M
Free Cash Flow (TTM)
$229.3M
Gross Margin
77.5%
Operating Margin
15.6%
Net Margin
13.8%
ROE
19.2%
ROIC
26.4%
Debt / Equity
0.6
Net Cash
$219.5M
Return 1Y
-32.4%
Company profile
Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with independent professionals and agencies. The company's work marketplace provides access to talent with various skills across a range of categories, including sales and marketing, customer service, data science and analytics, design and creative, web, mobile, and software development.
- CEO
- Hayden Brown
- Sector
- Services
- Industry
- Business Services
- Employees
- 850
- Headquarters
- Utah
- Website
- upwork.com
Earnings
UPWK Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$195.5M↑ +1.4%
Diluted EPS$0.24↓ -11.1%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $373.6M | $502.8M | $618.3M | $689.1M | $769.3M | $787.8M |
| Gross profit | $269.4M | $367.3M | $457.9M | $518.7M | $595.2M | $613.0M |
| Operating income | -$22.4M | -$54.2M | -$92.6M | -$11.3M | $65.2M | $129.3M |
| Net income | -$22.9M | -$56.2M | -$89.9M | $46.9M | $215.6M | $115.4M |
| Diluted EPS | -$0.19 | -$0.44 | -$0.69 | $0.06 | $1.52 | $0.84 |
| Operating cash flow | $22.4M | $10.8M | $11.5M | $52.7M | $153.6M | $248.3M |
| Free cash flow | $16.0M | $9.8M | $10.2M | $52.0M | $150.0M | $242.5M |
| Gross margin | 72.1% | 73.0% | 74.1% | 75.3% | 77.4% | 77.8% |
| Operating margin | -6.0% | -10.8% | -15.0% | -1.6% | 8.5% | 16.4% |
| Net margin | -6.1% | -11.2% | -14.5% | 6.8% | 28.0% | 14.7% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $193.1M | $193.8M | $191.5M | $192.7M | $194.9M | $201.7M | $198.4M | $195.5M |
| Gross profit | $149.3M | $150.4M | $148.8M | $150.9M | $151.5M | $155.9M | $154.7M | $150.8M |
| Operating income | $17.8M | $20.8M | $13.6M | $38.7M | $32.6M | $29.8M | $28.3M | $32.7M |
| Net income | $22.2M | $27.8M | $147.2M | $37.7M | $32.7M | $29.3M | $15.6M | $31.5M |
| Diluted EPS | $0.17 | $0.20 | $1.02 | $0.27 | $0.24 | $0.21 | $0.12 | $0.24 |
| Operating cash flow | $39.2M | $61.0M | $38.6M | $37.0M | $72.5M | $75.1M | $63.7M | $23.0M |
| Free cash flow | $38.6M | $59.8M | $37.0M | $34.5M | $70.1M | $74.6M | $63.2M | $21.3M |
| Gross margin | 77.3% | 77.6% | 77.7% | 78.3% | 77.7% | 77.3% | 78.0% | 77.2% |
| Operating margin | 9.2% | 10.7% | 7.1% | 20.1% | 16.7% | 14.8% | 14.3% | 16.7% |
| Net margin | 11.5% | 14.3% | 76.9% | 19.6% | 16.8% | 14.5% | 7.9% | 16.1% |
Company news
Jul 20, 2026
Jul 16, 2026
Jun 26, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.