Upwork Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Upwork Inc
UPWK Stock  USD 13.73  0.97  7.60%   
Analyzing historical trends in various income statement and balance sheet accounts from Upwork's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Upwork's valuation are summarized below:
Gross Profit
613 M
Profit Margin
0.1465
Market Capitalization
1.7 B
Enterprise Value Revenue
1.8059
Revenue
787.8 M
There are currently one hundred twenty fundamental trend indicators for Upwork Inc that can be evaluated and compared over time across competition. We recommend to double-check Upwork's current fundamental drivers against the all of the trends between 2010 and 2026. Market Cap is expected to rise to about 1.8 B this year. Enterprise Value is expected to rise to about 1.9 B this year

Upwork Total Revenue

512.81 Million

Check Upwork financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Upwork's main balance sheet or income statement drivers, such as Tax Provision of 39.6 M, Interest Income of 1.4 M or Depreciation And Amortization of 13.5 M, as well as many indicators such as Price To Sales Ratio of 6.2, Dividend Yield of 0.0 or PTB Ratio of 4.31. Upwork financial statements analysis is a perfect complement when working with Upwork Valuation or Volatility modules.
  
Build AI portfolio with Upwork Stock
Check out the analysis of Upwork Correlation against competitors.

Upwork Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets836.2 M1.3 B584.5 M
Slightly volatile
Short and Long Term Debt Total266.8 M369.5 M164.3 M
Slightly volatile
Other Current Liabilities171.5 M94 M129.9 M
Slightly volatile
Total Current Liabilities682.7 M650.2 M209.6 M
Slightly volatile
Other Liabilities5.8 M9.5 M4.6 M
Slightly volatile
Property Plant And Equipment Net31.5 M49.4 M19.6 M
Slightly volatile
Current Deferred Revenue12.3 M7.8 M7.5 M
Slightly volatile
Accounts Payable198 M188.6 M24.9 M
Slightly volatile
Cash309.1 M294.4 M105.3 M
Slightly volatile
Non Current Assets Total202.2 M348.7 M167 M
Slightly volatile
Non Currrent Assets Other1.3 M1.5 M1.1 M
Slightly volatile
Other Assets1.1 M1.7 M1 M
Slightly volatile
Long Term Debt233.3 M411.6 M155.2 M
Slightly volatile
Cash And Short Term Investments406.8 M672.8 M251.1 M
Slightly volatile
Net Receivables59.6 M76.2 M44.3 M
Slightly volatile
Good Will133.8 M149.2 M121.1 M
Slightly volatile
Common Stock Total Equity10.4 K14.9 K8 K
Slightly volatile
Common Stock Shares Outstanding125.3 M140.7 M85.9 M
Slightly volatile
Short Term Investments273.1 M378.4 M162.7 M
Slightly volatile
Liabilities And Stockholders Equity836.2 M1.3 B584.5 M
Slightly volatile
Non Current Liabilities Total18.1 M19.1 M210.7 M
Pretty Stable
Other Current Assets167.6 M201.8 M122.1 M
Slightly volatile
Other Stockholder Equity504.8 M592.6 M310.2 M
Slightly volatile
Total Liabilities524.2 M669.3 M409.9 M
Slightly volatile
Property Plant And Equipment Gross110.2 M104.9 M30.3 M
Slightly volatile
Short and Long Term Debt434.4 M413.7 M137.6 M
Slightly volatile
Preferred Stock Total Equity138.1 M149.8 M168.9 M
Slightly volatile
Total Current Assets634 M950.8 M417.5 M
Slightly volatile
Non Current Liabilities Other7.8 M9.4 M5.2 M
Slightly volatile
Short Term Debt377.8 M359.8 M48 M
Slightly volatile
Intangible Assets39 M37.2 M11.6 M
Slightly volatile
Common Stock11.8 K13 K8 K
Slightly volatile
Property Plant Equipment20.7 M25.4 M14 M
Slightly volatile
Deferred Long Term Liabilities80 K90 K98.2 K
Slightly volatile
Net Invested Capital629.7 M990.1 M341.1 M
Slightly volatile
Net Working Capital411.2 M300.7 M234.2 M
Slightly volatile
Long Term Debt Total681.3 M648.9 M221.3 M
Slightly volatile
Capital Surpluse531.6 M681.8 M465.5 M
Slightly volatile
Inventory195 M185.7 M50.9 M
Slightly volatile
Capital Stock13.9 K13 K11.9 K
Slightly volatile
Capital Lease Obligations14.1 M11.4 M21 M
Slightly volatile

Upwork Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Interest Income1.4 M1.5 M1.2 M
Slightly volatile
Depreciation And Amortization13.5 M26.5 M11 M
Slightly volatile
Interest Expense2 M3.1 M1.6 M
Slightly volatile
Selling General Administrative98.2 M146.6 M70.8 M
Slightly volatile
Selling And Marketing Expenses150.9 M143.4 M102.8 M
Slightly volatile
Total Revenue512.8 M787.8 M362.4 M
Slightly volatile
Gross Profit378.9 M613 M260.9 M
Slightly volatile
Other Operating Expenses516.6 M658.5 M369.8 M
Slightly volatile
Research Development124.6 M185.5 M87.3 M
Slightly volatile
Cost Of Revenue133.9 M174.8 M101.6 M
Slightly volatile
Total Operating Expenses381.8 M475.6 M267.7 M
Slightly volatile
Reconciled Depreciation14.1 M26.5 M9.4 M
Slightly volatile

Upwork Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation44.6 M65.4 M29.1 M
Slightly volatile
Begin Period Cash Flow530.9 M505.6 M164 M
Slightly volatile
Depreciation13.6 M26.5 M11.1 M
Slightly volatile
Capital Expenditures10.2 M5.8 M6.3 M
Slightly volatile
End Period Cash Flow274.8 M478.9 M172.8 M
Slightly volatile
Change To Netincome92.1 M87.7 M37.1 M
Slightly volatile
Cash Flows Other Operating21.7 M37.6 M20.2 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.23.28635.1575
Very volatile
Days Sales Outstanding48.2835.32248.4914
Slightly volatile
Stock Based Compensation To Revenue0.06060.0830.0637
Slightly volatile
Capex To Depreciation0.210.21890.5288
Slightly volatile
EV To Sales6.373.39155.2354
Very volatile
Payables Turnover0.880.926595.7912
Slightly volatile
Sales General And Administrative To Revenue0.220.18370.2043
Slightly volatile
Research And Ddevelopement To Revenue0.190.24040.2318
Pretty Stable
Capex To Revenue0.0070.00730.0148
Slightly volatile
Cash Per Share5.445.17832.3534
Slightly volatile
Days Payables Outstanding41439453.7752
Slightly volatile
Intangibles To Total Assets0.260.14340.3388
Slightly volatile
Current Ratio1.911.46242.0021
Slightly volatile
Receivables Turnover6.9310.33357.7946
Slightly volatile
Graham Number7.29.79525.6095
Slightly volatile
Capex Per Share0.06220.04430.0586
Slightly volatile
Revenue Per Share3.296.03124.3974
Pretty Stable
Interest Debt Per Share1.552.92111.4261
Slightly volatile
Debt To Assets0.190.29310.179
Slightly volatile
Operating Cycle48.2835.32248.4914
Slightly volatile
Days Of Payables Outstanding41439453.7752
Slightly volatile
Quick Ratio1.911.46242.0021
Slightly volatile
Net Income Per E B T0.890.75351.0587
Pretty Stable
Cash Ratio0.440.45830.463
Slightly volatile
Days Of Sales Outstanding48.2835.32248.4914
Slightly volatile
Fixed Asset Turnover28.0315.936738.917
Slightly volatile
Debt Ratio0.190.29310.179
Slightly volatile
Price Sales Ratio6.23.28635.1575
Very volatile
Asset Turnover0.70.60620.6481
Pretty Stable
Gross Profit Margin0.580.77820.675
Slightly volatile

Upwork Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.8 B1.2 B1.5 B
Slightly volatile
Enterprise Value1.9 B1.6 B1.6 B
Slightly volatile

Upwork Fundamental Market Drivers

Forward Price Earnings9.3809
Cash And Short Term Investments672.8 M

Upwork Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Upwork Financial Statements

Upwork investors utilize fundamental indicators, such as revenue or net income, to predict how Upwork Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue7.8 M12.3 M
Total Revenue787.8 M512.8 M
Cost Of Revenue174.8 M133.9 M
Stock Based Compensation To Revenue 0.08  0.06 
Sales General And Administrative To Revenue 0.18  0.22 
Research And Ddevelopement To Revenue 0.24  0.19 
Capex To Revenue 0.01  0.01 
Revenue Per Share 6.03  3.29 
Ebit Per Revenue 0.16  0.17 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Prophet
When determining whether Upwork Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Upwork Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Upwork Inc Stock. Highlighted below are key reports to facilitate an investment decision about Upwork Inc Stock:
How To Invest In Upwork
Details
Is Upwork Stock a good investment?
Details
What is Upwork's Net Worth?
Details
Largest Human Resource & Employment Services Companies
View
Largest Commercial & Professional Services Companies
View
Check out the analysis of Upwork Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Upwork. If investors know Upwork will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Upwork assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.89)
Earnings Share
0.84
Revenue Per Share
5.946
Quarterly Revenue Growth
0.036
Return On Assets
0.0666
Investors evaluate Upwork Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Upwork's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Upwork's market price to deviate significantly from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
Please note, there is a significant difference between Upwork's value and its price as these two are different measures arrived at by different means. Investors typically determine if Upwork is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Upwork's market price signifies the transaction level at which participants voluntarily complete trades.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY