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Upwork Inc.

$8.74 -$11.10 (-55.94%)
NASDAQ · 14 Sep 2026 16:36 UTC
Previous Close
$8.72
Day Range
$8.64$8.94
Year Range
$7.44$22.84
Market Cap
1.08B
AVG Volume
3.86M
Trailing/Forward PE
10.91/6.41
PEG ratio
-6.04
Dividend Yield
-
Next Earnings Date
2026-11-02
Primary Exchange
NASDAQUS
Revenue (USD)
0100M200M300M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q2191.66M
26 Q1195.48M
25 Q4198.41M
25 Q3201.73M
25 Q2194.94M
25 Q1192.71M
24 Q4191.48M
24 Q3193.78M
24 Q2193.13M
24 Q1190.94M
Net Income (USD)
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q225.4M
26 Q131.46M
25 Q415.63M
25 Q329.34M
25 Q232.73M
25 Q137.73M
24 Q4147.17M
24 Q327.76M
24 Q222.22M
24 Q118.44M
Operating Income (USD)
010M20M30M40M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q228.14M
26 Q132.72M
25 Q428.29M
25 Q329.76M
25 Q232.56M
25 Q138.69M
24 Q413.58M
24 Q320.79M
24 Q217.78M
24 Q113.05M
EBITDA (USD)
020M40M60M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q240.88M
26 Q147.91M
25 Q441.25M
25 Q339.82M
25 Q245.2M
25 Q150.07M
24 Q424.29M
24 Q332.13M
24 Q227.89M
24 Q123.76M
Cash Flows (USD)
025M50M75M100M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q245.26M
26 Q121.3M
25 Q463.25M
25 Q369.43M
25 Q270.13M
25 Q130.79M
24 Q44.62M
24 Q386.89M
24 Q235.46M
24 Q112.15M
EPS (USD)
00.511.524 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK EPS (USD) by quarter
PeriodEPS (USD)
26 Q20.2
26 Q10.24
25 Q40.11
25 Q30.21
25 Q20.24
25 Q10.27
24 Q41.03
24 Q30.2
24 Q20.17
24 Q10.13
Expenses (USD)
050M100M150MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q2117.3M
26 Q1117.62M
25 Q4125.18M
25 Q3131.28M
25 Q2119.55M
25 Q1116.13M
24 Q4136.89M
24 Q3131.95M
24 Q2133.47M
24 Q1135.43M
Cash & Debt (USD)
0200M400M600M800MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2614.24M
26 Q1579.73M
25 Q4676.38M
25 Q3643.1M
25 Q2634.58M
25 Q1622.07M
24 Q4622.1M
24 Q3601.18M
24 Q2497.74M
24 Q1490.61M
Debt ratios
-40-30-20-10024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Debt ratios by quarter
PeriodDebt ratios
26 Q2-1.41
26 Q1-1.15
25 Q4-1.68
25 Q3-1.71
25 Q2-1.74
25 Q1-1.87
24 Q4-2.34
24 Q3-5.57
24 Q2-4.41
24 Q1-37.13
Margins
0%20%40%60%80%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Margins by quarter
PeriodMargins
26 Q276.37%
26 Q177.16%
25 Q477.99%
25 Q377.28%
25 Q277.72%
25 Q178.31%
24 Q477.73%
24 Q377.6%
24 Q277.29%
24 Q176.85%
Return on Capital
0%10%20%30%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Return on Capital by quarter
PeriodReturn on Capital
26 Q24.16%
26 Q15.52%
25 Q42.48%
25 Q34.67%
25 Q25.38%
25 Q16.35%
24 Q425.58%
24 Q36.75%
24 Q26.15%
24 Q15.29%
Shares Outstanding
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Shares Outstanding by quarter
PeriodShares Outstanding
26 Q2123.92M
26 Q1128.1M
25 Q4130.62M
25 Q3136.98M
25 Q2132.18M
25 Q1135.21M
24 Q4134.26M
24 Q3132.6M
24 Q2131.44M
24 Q1136.36M
Book Value Per Share (USD)
024624 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q24.93
26 Q14.45
25 Q44.83
25 Q34.59
25 Q24.6
25 Q14.4
24 Q44.29
24 Q33.1
24 Q22.75
24 Q12.56
Total Assets (USD)
0500M1B1.5B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
UPWK Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q21.27B
26 Q11.24B
25 Q41.3B
25 Q31.31B
25 Q21.26B
25 Q11.24B
24 Q41.21B
24 Q31.06B
24 Q21.01B
24 Q11B
Employee Count
02505007501K20182019202020212022202320242025
UPWK Employee Count by quarter
PeriodEmployee Count
2025630
2024600
2023800
2022850
2021650
2020540
2019570
2018430
PE Ratio
51015202530med 10.36Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
UPWK PE Ratio by quarter
PeriodPE Ratio
Sep 2610.61
Sep 2610.7
Aug 2610.98
Aug 2610.48
Aug 2610.33
Aug 2611.35
Jul 2610.75
Jul 2610.36
Jul 2610.63
Jul 2610.35
Jul 2610.75
Jun 269.78
Jun 269.45
Jun 269.96
Jun 2610.28
May 2610.35
May 2610.33
May 269.59
May 2610.35
May 2611.87
Apr 2612.03
Apr 2612.75
Apr 2612.06
Apr 2612.38
Mar 2612.3
Mar 2612.76
Mar 2613.82
Mar 2614.99
Feb 2615.19
Feb 2614.9
Feb 2614.97
Feb 2610.5
Jan 2611.11
Jan 2612.26
Jan 2611.02
Jan 2611.12
Jan 2611
Dec 2511.56
Dec 2511.43
Dec 2512.18
Dec 2511.14
Nov 2510.95
Nov 259.91
Nov 259.14
Nov 259.68
Oct 258.59
Oct 258.62
Oct 258.73
Oct 259.05
Oct 259.3
Sep 2510.32
Sep 2510.81
Sep 259.08
Sep 258.72
Aug 258.29
Aug 258.04
Aug 257.43
Aug 257.09
Aug 256.76
Jul 257.55
Jul 257.62
Jul 257.44
Jul 257.85
Jun 257.85
Jun 257.56
Jun 257.96
Jun 258.87
May 258.92
May 259.07
May 259.92
May 259.72
May 258.4
Apr 258.43
Apr 257.93
Apr 258.03
Apr 257.39
Mar 258.23
Mar 258.45
Mar 257.85
Mar 258.82
Feb 259.92
Feb 259.73
Feb 2510.05
Feb 2524.37
Jan 2524.36
Jan 2525.15
Jan 2526.11
Jan 2524.17
Jan 2524.9
Dec 2426.18
Dec 2425.41
Dec 2426.11
Dec 2426.21
Nov 2426.23
Nov 2424.76
Nov 2423.04
Nov 2424.62
Nov 2424.71
Oct 2421.84
Oct 2418.19
Free Cash Flow Yield
0%5%10%15%20%25%med 8.43%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
UPWK Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 2618.44%
Sep 2618.29%
Aug 2617.82%
Aug 2618.67%
Aug 2618.94%
Aug 2618.09%
Jul 2619.1%
Jul 2619.81%
Jul 2619.31%
Jul 2619.84%
Jul 2619.1%
Jun 2621%
Jun 2621.73%
Jun 2620.61%
Jun 2619.97%
May 2619.84%
May 2619.88%
May 2621.41%
May 2619.84%
May 2617.05%
Apr 2616.82%
Apr 2615.87%
Apr 2616.78%
Apr 2616.35%
Mar 2616.45%
Mar 2615.85%
Mar 2614.65%
Mar 2613.5%
Feb 2613.33%
Feb 2613.58%
Feb 2613.52%
Feb 266.75%
Jan 266.38%
Jan 265.78%
Jan 266.43%
Jan 266.37%
Jan 266.44%
Dec 256.13%
Dec 256.2%
Dec 255.82%
Dec 256.36%
Nov 256.47%
Nov 257.15%
Nov 257.75%
Nov 257.32%
Oct 259.13%
Oct 259.1%
Oct 258.99%
Oct 258.67%
Oct 258.43%
Sep 257.6%
Sep 257.25%
Sep 258.63%
Sep 258.99%
Aug 259.46%
Aug 259.76%
Aug 2510.55%
Aug 2511.05%
Aug 259.93%
Jul 258.9%
Jul 258.82%
Jul 259.03%
Jul 258.55%
Jun 258.56%
Jun 258.88%
Jun 258.44%
Jun 257.58%
May 257.53%
May 257.41%
May 256.77%
May 256.91%
May 257.69%
Apr 257.65%
Apr 258.13%
Apr 258.03%
Apr 258.73%
Mar 257.84%
Mar 257.64%
Mar 258.22%
Mar 257.31%
Feb 256.5%
Feb 256.63%
Feb 256.42%
Feb 255.86%
Jan 255.86%
Jan 255.68%
Jan 255.47%
Jan 255.91%
Jan 255.74%
Dec 245.46%
Dec 245.62%
Dec 245.47%
Dec 245.45%
Nov 245.45%
Nov 245.77%
Nov 246.2%
Nov 245.8%
Nov 243.76%
Oct 244.25%
Oct 245.11%
Price to Sales
1234med 2.41Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
UPWK Price to Sales by quarter
PeriodPrice to Sales
Sep 261.37
Sep 261.38
Aug 261.42
Aug 261.36
Aug 261.34
Aug 261.57
Jul 261.48
Jul 261.43
Jul 261.47
Jul 261.43
Jul 261.48
Jun 261.35
Jun 261.3
Jun 261.38
Jun 261.42
May 261.43
May 261.43
May 261.32
May 261.43
May 261.74
Apr 261.76
Apr 261.87
Apr 261.77
Apr 261.81
Mar 261.8
Mar 261.87
Mar 262.02
Mar 262.2
Feb 262.23
Feb 262.18
Feb 262.19
Feb 263.32
Jan 263.51
Jan 263.88
Jan 263.49
Jan 263.52
Jan 263.48
Dec 253.66
Dec 253.61
Dec 253.85
Dec 253.52
Nov 253.46
Nov 253.13
Nov 252.89
Nov 253.06
Oct 252.73
Oct 252.74
Oct 252.77
Oct 252.87
Oct 252.95
Sep 253.28
Sep 253.43
Sep 252.88
Sep 252.77
Aug 252.63
Aug 252.55
Aug 252.36
Aug 252.25
Aug 252.06
Jul 252.3
Jul 252.32
Jul 252.27
Jul 252.39
Jun 252.39
Jun 252.3
Jun 252.43
Jun 252.7
May 252.72
May 252.76
May 253.02
May 252.96
May 252.35
Apr 252.36
Apr 252.22
Apr 252.25
Apr 252.07
Mar 252.31
Mar 252.37
Mar 252.2
Mar 252.47
Feb 252.78
Feb 252.73
Feb 252.82
Feb 252.75
Jan 252.74
Jan 252.83
Jan 252.94
Jan 252.72
Jan 252.8
Dec 242.95
Dec 242.86
Dec 242.94
Dec 242.95
Nov 242.95
Nov 242.79
Nov 242.6
Nov 242.77
Nov 242.47
Oct 242.18
Oct 241.82
EV/EBITDA
0204060med 12.93Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
UPWK EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 264.95
Sep 265
Aug 265.17
Aug 264.87
Aug 264.79
Aug 265.96
Jul 265.59
Jul 265.34
Jul 265.51
Jul 265.34
Jul 265.59
Jun 264.98
Jun 264.77
Jun 265.09
Jun 265.29
May 265.34
May 265.32
May 264.86
May 265.34
May 266.09
Apr 266.2
Apr 266.67
Apr 266.22
Apr 266.43
Mar 266.38
Mar 266.68
Mar 267.37
Mar 268.14
Feb 268.26
Feb 268.08
Feb 268.12
Feb 2614.56
Jan 2615.51
Jan 2617.3
Jan 2615.37
Jan 2615.52
Jan 2615.34
Dec 2516.21
Dec 2516
Dec 2517.16
Dec 2515.55
Nov 2515.26
Nov 2513.65
Nov 2512.46
Nov 2513.29
Oct 2512.15
Oct 2512.2
Oct 2512.38
Oct 2512.9
Oct 2513.31
Sep 2514.95
Sep 2515.75
Sep 2512.95
Sep 2512.37
Aug 2511.67
Aug 2511.26
Aug 2510.29
Aug 259.74
Aug 259.95
Jul 2511.32
Jul 2511.44
Jul 2511.13
Jul 2511.85
Jun 2511.84
Jun 2511.35
Jun 2512.04
Jun 2513.62
May 2513.71
May 2513.97
May 2515.47
May 2515.11
May 2514.41
Apr 2514.48
Apr 2513.49
Apr 2513.69
Apr 2512.41
Mar 2514.07
Mar 2514.52
Mar 2513.31
Mar 2515.26
Feb 2517.45
Feb 2517.08
Feb 2517.71
Feb 2544.72
Jan 2544.69
Jan 2546.31
Jan 2548.29
Jan 2544.3
Jan 2545.8
Dec 2448.45
Dec 2446.86
Dec 2448.29
Dec 2448.51
Nov 2448.55
Nov 2445.52
Nov 2441.98
Nov 2445.23
Nov 2456.88
Oct 2449.78
Oct 2440.71
Price/Operating Cashflow
0510152025med 10.79Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
UPWK Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 265.18
Sep 265.22
Aug 265.36
Aug 265.11
Aug 265.04
Aug 265.29
Jul 265.01
Jul 264.83
Jul 264.95
Jul 264.82
Jul 265.01
Jun 264.55
Jun 264.4
Jun 264.64
Jun 264.79
May 264.82
May 264.81
May 264.47
May 264.82
May 265.52
Apr 265.59
Apr 265.93
Apr 265.61
Apr 265.76
Mar 265.72
Mar 265.93
Mar 266.42
Mar 266.97
Feb 267.06
Feb 266.93
Feb 266.96
Feb 2613.43
Jan 2614.21
Jan 2615.69
Jan 2614.1
Jan 2614.23
Jan 2614.08
Dec 2514.79
Dec 2514.62
Dec 2515.58
Dec 2514.25
Nov 2514.01
Nov 2512.68
Nov 2511.69
Nov 2512.38
Oct 2510.08
Oct 2510.12
Oct 2510.24
Oct 2510.62
Oct 2510.92
Sep 2512.11
Sep 2512.69
Sep 2510.66
Sep 2510.24
Aug 259.73
Aug 259.44
Aug 258.73
Aug 258.33
Aug 259.04
Jul 2510.09
Jul 2510.18
Jul 259.94
Jul 2510.5
Jun 2510.49
Jun 2510.11
Jun 2510.64
Jun 2511.85
May 2511.92
May 2512.12
May 2513.27
May 2512.99
May 2511.79
Apr 2511.84
Apr 2511.14
Apr 2511.28
Apr 2510.38
Mar 2511.55
Mar 2511.86
Mar 2511.02
Mar 2512.39
Feb 2513.93
Feb 2513.67
Feb 2514.11
Feb 2514.97
Jan 2514.96
Jan 2515.44
Jan 2516.03
Jan 2514.84
Jan 2515.29
Dec 2416.08
Dec 2415.6
Dec 2416.03
Dec 2416.09
Nov 2416.1
Nov 2415.2
Nov 2414.15
Nov 2415.12
Nov 2421.46
Oct 2418.97
Oct 2415.79
Price to Book
123456med 3.27Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
UPWK Price to Book by quarter
PeriodPrice to Book
Sep 261.77
Sep 261.78
Aug 261.83
Aug 261.75
Aug 261.72
Aug 262.17
Jul 262.06
Jul 261.99
Jul 262.04
Jul 261.98
Jul 262.06
Jun 261.87
Jun 261.81
Jun 261.91
Jun 261.97
May 261.98
May 261.98
May 261.84
May 261.98
May 262.17
Apr 262.2
Apr 262.34
Apr 262.21
Apr 262.27
Mar 262.25
Mar 262.34
Mar 262.53
Mar 262.75
Feb 262.78
Feb 262.73
Feb 262.74
Feb 264.13
Jan 264.37
Jan 264.82
Jan 264.33
Jan 264.37
Jan 264.33
Dec 254.55
Dec 254.49
Dec 254.79
Dec 254.38
Nov 254.3
Nov 253.9
Nov 253.59
Nov 253.81
Oct 253.46
Oct 253.47
Oct 253.52
Oct 253.65
Oct 253.75
Sep 254.16
Sep 254.36
Sep 253.66
Sep 253.52
Aug 253.34
Aug 253.24
Aug 253
Aug 252.86
Aug 252.67
Jul 252.98
Jul 253.01
Jul 252.94
Jul 253.1
Jun 253.1
Jun 252.99
Jun 253.15
Jun 253.5
May 253.52
May 253.58
May 253.92
May 253.84
May 253.15
Apr 253.16
Apr 252.97
Apr 253.01
Apr 252.77
Mar 253.08
Mar 253.17
Mar 252.94
Mar 253.31
Feb 253.72
Feb 253.65
Feb 253.77
Feb 255.09
Jan 255.08
Jan 255.25
Jan 255.45
Jan 255.04
Jan 255.2
Dec 245.46
Dec 245.3
Dec 245.45
Dec 245.47
Nov 245.47
Nov 245.17
Nov 244.81
Nov 245.14
Nov 245.09
Oct 244.5
Oct 243.75
Upwork Inc.
UPWK
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News: UPWK

Upwork Inc. (UPWK) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

seekingalpha.com · 10 Sep 2026

Upwork Inc. (UPWK) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

Upwork Inc. (UPWK) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

Upwork Inc. (UPWK) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

globenewswire.com · 7 Sep 2026

Upwork Inc. (UPWK) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

BENSALEM, Pa., Sept. 07, 2026 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith continues its investigation on behalf of Upwork Inc. (“Upwork” or the “Company”) (NASDAQ: UPWK) investors concerning the Company's possible violations of federal securities laws.

Securities Fraud Investigation Into Upwork Inc. (UPWK) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

globenewswire.com · 4 Sep 2026

Securities Fraud Investigation Into Upwork Inc. (UPWK) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

LOS ANGELES, Sept. 04, 2026 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz continues its investigation of Upwork Inc. (“Upwork” or the “Company”) (NASDAQ: UPWK) on behalf of investors concerning the Company's possible violations of federal securities laws.

Securities Fraud Investigation Into Upwork Inc. (UPWK) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

globenewswire.com · 3 Sep 2026

Securities Fraud Investigation Into Upwork Inc. (UPWK) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

LOS ANGELES, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Upwork Inc. (“Upwork” or the “Company”) (NASDAQ: UPWK) investors concerning the Company's possible violations of the federal securities laws.

Upwork to Present at Goldman Sachs Communacopia + Technology Conference

globenewswire.com · 26 Aug 2026

Upwork to Present at Goldman Sachs Communacopia + Technology Conference

PALO ALTO, Calif., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's human and AI-powered work marketplace, today announced that senior management will participate in a fireside chat at The Goldman Sachs Communacopia Conference in San Francisco, CA on Wednesday, September 9, 2026 at 3:05 p.m. PT/6:05 p.m. ET.

Upwork: Earnings Selloff Is A Time To Buy, But AI Is A Real Threat

seekingalpha.com · 12 Aug 2026

Upwork: Earnings Selloff Is A Time To Buy, But AI Is A Real Threat

Upwork faces significant AI-driven challenges, but its current low valuation offers a compelling risk-reward profile. UPWK trades at a non-GAAP PE of 6.64, with robust 77.5% gross margins and a 22% levered FCF margin, providing downside protection. Recent quarterly results were unexciting: revenue beat guidance but declined YoY; forward guidance was lowered, reflecting ongoing headwinds.

Upwork stock tumbles as weak guidance overshadows Q2 earnings beat

invezz.com · 11 Aug 2026

Upwork stock tumbles as weak guidance overshadows Q2 earnings beat

Shares of Upwork were headed for their worst single-day decline in three months on Tuesday after the freelance marketplace issued weaker-than-expected guidance, overshadowing second-quarter results that topped revenue and earnings estimates. Upwork shares fell nearly 13% in trading.

Why Upwork Stock Is Plummeting Today

fool.com · 11 Aug 2026

Why Upwork Stock Is Plummeting Today

Upwork beat sales expectations in Q2, but it posted an earnings miss. The company's active client count continued to decline in the quarter.

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