UPWORK, INC (UPWK)
About UPWORK, INC
Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes and connects businesses with AI-enabled talent across every on-demand work type, including freelance, agency, fractional, and payrolled. The business generates revenue from Talent and Clients across the USA, India, Pakistan, the Philippines and the rest of the world. Maximum revenue of the company is derived from Talent segment.
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Financial summary
- Revenue FY2025
- $787.8M
- Net income
- $115.4M
- Total assets
- $1.3B
- Market cap
- $1.1B
- Gross margin
- 77.8%
- Operating margin
- 16.4%
- Net margin
- 14.7%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $787.8M
- Cost of revenue
- $174.8M
- Gross profit
- $613.0M
- Operating expenses
- $483.7M
- Operating income
- $129.3M
- Income tax
- $37.8M
- Net income
- $115.4M
- EPS (basic)
- $0.87
- EPS (diluted)
- $0.84
Balance sheet
- Total assets
- $1.3B
- Current assets
- $950.8M
- Total liabilities
- $669.3M
- Current liabilities
- $650.2M
- Shareholders’ equity
- $630.3M
Cash flow
- Operating cash flow
- $248.3M
- Investing cash flow
- -$136.9M
- Financing cash flow
- -$138.0M
- Net cash flow
- -$26.7M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $1.1B
- P/E ratio
- 10.5
- EPS (diluted)
- $0.84
- Shares outstanding
- 122.5M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Oct 3, 2018
Upwork, Inc (UPWK) Stock Price
- Profitable — net income of $115.4M in FY2025.
- Revenue grew 57% from FY2021 to FY2025.
- Gross margin of 77.8%, net margin 14.7%.
- Trading 60% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 10.5.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about UPWORK, INC
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Upwork, Inc: frequently asked questions
Is Upwork, Inc an American company?
Upwork, Inc is a US-based company headquartered in Palo Alto, California, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Upwork, Inc headquartered?
Upwork, Inc is headquartered in Palo Alto, California, United States.
Is Upwork, Inc publicly traded?
Yes — Upwork, Inc is a publicly traded company. Its stock trades under the ticker symbol UPWK on the NASDAQ.
What does Upwork, Inc do?
Upwork, Inc is an American Software company in the Technology & Electronics sector.