Last Price$13.4(1.3%)
Market Cap$1,787.1M
$769.3M
+11.6% YoY
$215.6M
+359.8% YoY
($601.3M)
Net Debt to FCF - (3.5x)
$171.5M
22.3% margin
UPWK Income Statement
UPWK Income Statement Overview
Annual
Quarterly
LTM
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
$769.3M 11.6% YoY
Cost of revenue
$174.1M 2.1% YoY
Pre-tax income
$90.4M 85.0% YoY
11.8% margin
UPWK Income statement key metrics
Annual
Quarterly
LTM
UPWK Balance Sheet
UPWK Balance Sheet Overview
Annual
Quarterly
LTM
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
Assets
Liabilities
Total assets
$1,211.6M
Current assets ($911.1M, 75.2% of total)
$622.1M (51.3%)
$75.5M (6.2%)
Other current assets
$213.5M (17.6%)
Non-current assets ($300.6M, 24.8% of total)
$0.0 (0.0%)
$35.8M (3.0%)
$13.0M (1.1%)
Other non-current assets
$251.8M (20.8%)
Financial position
($601.3M)
Cash & Short-term
Investments
Total Debt
UPWK Balance Sheet Metrics
Annual
Quarterly
LTM
UPWK Cash Flow Statement
UPWK Cash Flow Statement Overview
Annual
Quarterly
LTM
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
$209.2M Net Change in Cash
UPWK Cash Flow Statement key metrics
Annual
Quarterly
LTM
Operating Cash Flow (OCF)
$153.6M +703.9% YoY
Capital Expenditure (CAPEX)
($3,528.0K) -25.8% YoY
Free Cash Flow (FCF)
$150.0M +2,540.9% YoY
UPWK Financials
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|
% growth | 164.4 0.0% | 202.6 23.2% | 253.4 25.1% | 300.6 18.6% | 373.6 24.3% | 502.8 34.6% | 618.3 23.0% | 689.1 11.5% | 769.3 11.6% |
| Cost of Goods Sold (COGS) | 62.6 | 65.4 | 81.5 | 88.1 | 104.3 | 135.5 | 160.4 | 170.5 | 174.1 |
% margin | 101.9 61.9% | 137.1 67.7% | 171.9 67.8% | 212.4 70.7% | 269.4 72.1% | 367.3 73.0% | 457.9 74.1% | 518.7 75.3% | 595.2 77.4% |
| Operating Expenses | 116.3 | 140.2 | 183.6 | 231.2 | 291.8 | 421.5 | 550.5 | 529.9 | 530.0 |
| Research & Development Expenses (R&D) | 37.9 | 45.6 | 55.5 | 64.0 | 83.5 | 119.1 | 154.6 | 177.4 | 209.3 |
| Selling, General & Administrative Expenses (SG&A) | 72.9 | 90.4 | 122.3 | 163.2 | 204.7 | 296.4 | 370.8 | 339.6 | 314.0 |
% margin | (14.5) (8.8%) | (3.1) (1.5%) | (11.7) (4.6%) | (18.7) (6.2%) | (22.4) (6.0%) | (54.2) (10.8%) | (92.6) (15.0%) | (11.3) (1.6%) | 65.2 8.5% |
| Interest Income | 0.0 | 0.0 | 0.0 | 1.2 | 0.3 | 1.4 | 3.5 | 0.0 | 0.0 |
| Interest Expense | 0.9 | 1.0 | 2.0 | 1.3 | 0.8 | 2.2 | 4.5 | 1.0 | 0.0 |
| Pre-tax Income | (16.2) | (4.1) | (19.9) | (16.6) | (22.7) | (56.1) | (89.3) | 48.9 | 90.4 |
% effective tax rate | (0.0) 0.0% | (0.0) 0.5% | 0.0 (0.1%) | 0.0 (0.2%) | 0.2 (0.7%) | 0.1 (0.2%) | 0.5 (0.6%) | 2.0 4.1% | (125.2) (138.4%) |
% margin | (16.2) (9.9%) | (4.1) (2.0%) | (19.9) (7.9%) | (16.7) (5.5%) | (22.9) (6.1%) | (56.2) (11.2%) | (89.9) (14.5%) | 46.9 6.8% | 215.6 28.0% |
| EPS | (0.17) | (0.04) | (0.38) | (0.15) | (0.19) | (0.44) | (0.69) | 0.35 | 1.61 |
| Diluted EPS | (0.17) | (0.04) | (0.38) | (0.15) | (0.19) | (0.44) | (0.69) | 0.34 | 1.51 |
% margin | (6.9) (4.2%) | 1.0 0.5% | (12.9) (5.1%) | (5.9) (2.0%) | (7.9) (2.1%) | (40.1) (8.0%) | (81.5) (13.2%) | 1.5 0.2% | 65.2 8.5% |
FAQ
What is the Upwork Inc. (UPWK) revenue?
The Upwork Inc. (UPWK) revenue is $769.3M, reflecting a year-over-year (YoY) growth of +11.6% YoY.
What is the Upwork Inc. (UPWK) Net Income?
The Upwork Inc. (UPWK) Net Income is $215.6M, showcasing a YoY growth of +359.8% YoY.
What is Upwork Inc. (UPWK) net debt?
What is the Upwork Inc. (UPWK) Free Cash Flow (FCF)?
The Upwork Inc. (UPWK) Free Cash Flow (FCF) stands at $150.0M, accounting for a 19.5% margin.