Upwork Inc.
NASDAQ:UPWK
10.77 (USD) • At close September 19, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets: | ||||||||||||||||||||||||||||
| Current Assets: | ||||||||||||||||||||||||||||
| Cash & Cash Equivalents
| 182.803 | 24.667 | 83.241 | 146.827 | 154.106 | 101.985 | 129.384 | 156.423 | 135.37 | 121.174 | 187.205 | 600.077 | 131.448 | 104.316 | 94.081 | 88.436 | 76.755 | 65.635 | 48.392 | 71.16 | 67.092 | 49.22 | 129.128 | 27.055 | 31.331 | -21.595 | 21.595 | -27.326 |
| Short Term Investments
| 314.941 | 465.939 | 470.457 | 408.417 | 362.561 | 407.643 | 557.23 | 519.383 | 532.258 | 551.781 | 497.566 | 96.764 | 40.99 | 65.513 | 75.57 | 67.051 | 69.606 | 79.693 | 85.481 | 60.404 | 62.442 | 71.999 | 0 | 0 | 0 | 43.19 | 0 | 54.652 |
| Cash and Short Term Investments
| 497.744 | 490.606 | 553.698 | 555.244 | 516.667 | 509.628 | 686.614 | 675.806 | 667.628 | 672.955 | 684.771 | 696.841 | 172.438 | 169.829 | 169.651 | 155.487 | 146.361 | 145.328 | 133.873 | 131.564 | 129.534 | 121.219 | 129.128 | 27.055 | 31.331 | 21.595 | 21.595 | 27.326 |
| Net Receivables
| 116.522 | 114.403 | 103.061 | 60.262 | 66.309 | 59.291 | 64.888 | 67.07 | 69.858 | 62.048 | 66.826 | 58.231 | 62.232 | 51.894 | 47.018 | 39.853 | 33.23 | 35.26 | 30.156 | 32.034 | 51.447 | 48.265 | 22.315 | 41.592 | 36.824 | 0 | 30.762 | 0 |
| Inventory
| 0 | 0 | 0 | 177.97 | 177.655 | 179.42 | 161.457 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets
| 241.399 | 243.01 | 226.612 | 16.537 | 19.396 | 19.481 | 17.947 | 186.826 | 206.819 | 214.531 | 178.056 | 184.847 | 177.608 | 172.145 | 144.132 | 136.618 | 138.562 | 131.943 | 116.606 | 122.199 | 124.856 | 126.766 | 104.439 | 112.805 | 86.748 | 0 | 91.769 | 0 |
| Total Current Assets
| 855.665 | 848.019 | 883.371 | 810.013 | 780.027 | 767.82 | 930.906 | 929.702 | 944.305 | 949.534 | 929.653 | 939.919 | 412.278 | 393.868 | 360.801 | 331.958 | 318.153 | 312.531 | 280.635 | 285.797 | 305.837 | 296.25 | 255.882 | 181.452 | 154.903 | 21.595 | 144.126 | 27.326 |
| Non-Current Assets: | ||||||||||||||||||||||||||||
| Property, Plant & Equipment, Net
| 30.776 | 30.614 | 31.473 | 31.827 | 30.859 | 29.907 | 29.666 | 29.874 | 29.987 | 30.86 | 32.011 | 35.08 | 37.357 | 46.686 | 47.868 | 48.342 | 48.929 | 47.609 | 43.362 | 20.668 | 19.207 | 12.604 | 10.815 | 6.26 | 6.044 | 0 | 3.514 | 0 |
| Goodwill
| 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 0 | 118.219 | 0 |
| Intangible Assets
| 2.258 | 2.656 | 3.048 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 118.219 | 0.667 | 1.334 | 2.001 | 2.668 | 3.335 | 4.002 | 4.67 | 5.337 | 6.004 | 6.671 | 7.338 | 0 | 8.672 | 0 |
| Goodwill and Intangible Assets
| 120.477 | 120.875 | 121.267 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.219 | 118.886 | 119.553 | 120.22 | 120.887 | 121.554 | 122.221 | 122.889 | 123.556 | 124.223 | 124.89 | 125.557 | 0 | 126.891 | 0 |
| Long Term Investments
| 0 | 0 | 0.8 | 0 | 0 | 0 | 0.8 | 0 | 0 | 0 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Assets
| 0 | 0 | -0 | 0 | 0 | 0 | -0.8 | 0 | 0 | 0 | -0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets
| 1.645 | 1.311 | 0.63 | 1.379 | 1.467 | 2.12 | 1.454 | 1.431 | 1.503 | 1.663 | 0.378 | 1.269 | 1.406 | 1.56 | 1.672 | 1.784 | 1.546 | 1.04 | 0.829 | 0.904 | 0.976 | 1.389 | 0.653 | 6.24 | 3.759 | -21.595 | 0.658 | -27.326 |
| Total Non-Current Assets
| 152.898 | 152.8 | 154.17 | 151.425 | 150.545 | 150.246 | 149.339 | 149.524 | 149.709 | 150.742 | 151.408 | 154.568 | 156.982 | 166.465 | 168.426 | 169.679 | 170.695 | 169.536 | 165.745 | 143.793 | 143.072 | 137.549 | 135.691 | 137.39 | 135.36 | -21.595 | 131.063 | -27.326 |
| Total Assets
| 1,008.563 | 1,000.819 | 1,037.541 | 961.438 | 930.572 | 918.066 | 1,080.245 | 1,079.226 | 1,094.014 | 1,100.276 | 1,081.061 | 1,094.487 | 569.26 | 560.333 | 529.227 | 501.637 | 488.848 | 482.067 | 446.38 | 429.59 | 448.909 | 433.799 | 391.573 | 318.842 | 290.263 | 0 | 275.189 | 0 |
| Liabilities & Equity: | ||||||||||||||||||||||||||||
| Current Liabilities: | ||||||||||||||||||||||||||||
| Account Payables
| 5.863 | 5.916 | 5.063 | 1.747 | 4.178 | 4.248 | 7.549 | 5.354 | 5.281 | 10.327 | 4.996 | 3.37 | 8.625 | 12.08 | 6.455 | 5.708 | 5.18 | 1.719 | 0.652 | 2.934 | 1.521 | 1.542 | 2.073 | 5.471 | 1.92 | 0 | 0.462 | 0 |
| Short Term Debt
| 3.812 | 4.918 | 5.687 | 6.372 | 6.593 | 6.547 | 6.502 | 6.455 | 6.41 | 6.364 | 6.315 | 6.27 | 10.957 | 11.702 | 7.581 | 10.545 | 10.647 | 25.723 | 7.584 | 7.579 | 32.574 | 32.569 | 5.671 | 29.594 | 12.764 | 0 | 10.342 | 0 |
| Tax Payables
| 12.552 | 13.763 | 13.171 | 13.65 | 13.196 | 12.042 | 14.102 | 12.47 | 11.628 | 3.656 | 4.137 | 3.166 | 3.037 | 2.522 | 3.818 | 2.67 | 2.044 | 1.746 | 2.401 | 2.195 | 2.192 | 1.888 | 1.63 | 1.634 | 1.728 | 0 | 1.861 | 0 |
| Deferred Revenue
| 10.766 | 13.957 | 17.361 | 21.237 | 24.079 | 25.557 | 25.075 | 24.91 | 23.983 | 23.548 | 22.083 | 20.742 | 19.164 | 18.157 | 16.801 | 15.892 | 14.984 | 14.386 | 13.799 | 1.587 | 1.13 | 0.891 | 0.722 | 0.717 | 0.711 | 0 | 0.614 | 0 |
| Other Current Liabilities
| 264.655 | 264.701 | 264.892 | 223.709 | 219.879 | 220.468 | 208.566 | 215.292 | 227.713 | 223.048 | 200.24 | 211.469 | 193.68 | 184.049 | 167.91 | 153.928 | 151.864 | 143.816 | 127.063 | 136.491 | 137.434 | 135.691 | 119.134 | 124.39 | 115.36 | 0 | 103.225 | 0 |
| Total Current Liabilities
| 285.096 | 289.492 | 293.003 | 253.065 | 254.729 | 256.82 | 247.692 | 252.011 | 263.387 | 263.287 | 233.634 | 241.851 | 232.426 | 225.988 | 198.747 | 186.073 | 182.675 | 185.644 | 149.098 | 148.591 | 172.659 | 170.693 | 127.6 | 160.172 | 130.755 | 0 | 114.643 | 0 |
| Non-Current Liabilities: | ||||||||||||||||||||||||||||
| Long Term Debt
| 357.008 | 356.547 | 356.087 | 362.558 | 363.385 | 364.418 | 575.438 | 576.139 | 576.824 | 577.452 | 578.052 | 578.634 | 19.39 | 20.977 | 23.648 | 26.714 | 29.034 | 31.303 | 31.885 | 12.584 | 14.469 | 16.354 | 18.239 | 19.304 | 21.12 | 0 | 23.491 | 0 |
| Deferred Revenue Non-Current
| 0.004 | 0.087 | 0.79 | 2.451 | 5.12 | 7.38 | 0 | 7.807 | 6.728 | 6.547 | 0 | 5.356 | 5.265 | 4.361 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 4.835 | 5.308 | 6.088 | -2.451 | -5.12 | -7.38 | 0 | -7.807 | -6.728 | -6.547 | 0 | -5.356 | -5.265 | -4.361 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities
| 0.524 | 0.509 | 0.498 | 2.876 | 5.535 | 7.872 | 8.236 | 8.493 | 7.484 | 3.641 | 9.858 | 3.813 | 3.651 | 3.506 | 7.522 | 7.276 | 6.996 | 6.384 | 5.973 | 5.816 | 4.148 | 2.78 | 1.989 | 172.596 | 1.05 | 0 | 168.422 | 0 |
| Total Non-Current Liabilities
| 362.371 | 362.451 | 363.463 | 365.434 | 368.92 | 372.29 | 583.674 | 584.632 | 584.308 | 587.64 | 587.91 | 587.803 | 28.306 | 28.844 | 31.17 | 33.99 | 36.03 | 37.687 | 37.858 | 18.4 | 18.617 | 19.134 | 20.228 | 191.9 | 22.17 | 0 | 191.913 | 0 |
| Total Liabilities
| 647.467 | 651.943 | 656.466 | 618.499 | 623.649 | 629.11 | 831.366 | 836.643 | 847.695 | 850.927 | 821.544 | 829.654 | 260.732 | 254.832 | 229.917 | 220.063 | 218.705 | 223.331 | 186.956 | 166.991 | 191.276 | 189.827 | 147.828 | 352.072 | 152.925 | 0 | 306.556 | 0 |
| Equity: | ||||||||||||||||||||||||||||
| Preferred Stock
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.528 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 166.486 | 166.486 | 166.486 | 166.486 | 178.785 |
| Common Stock
| 0.013 | 0.013 | 0.014 | 0.014 | 0.013 | 0.013 | 0.013 | 0.013 | 0.013 | 0.013 | 0.013 | 0.013 | 0.013 | 0.013 | 0.012 | 0.012 | 0.012 | 0.011 | 0.011 | 0.011 | 0.011 | 0.011 | 0.011 | 0.004 | 0.01 | 0 | 0.003 | 0 |
| Retained Earnings
| -253.4 | -275.62 | -294.062 | -311.436 | -327.773 | -323.782 | -340.949 | -324.449 | -299.622 | -275.802 | -251.064 | -228.508 | -219.197 | -202.659 | -194.824 | -195.749 | -193.002 | -181.978 | -171.957 | -153.081 | -150.254 | -148.227 | -143.499 | -138.134 | -130.788 | 0 | -123.592 | 0 |
| Accumulated Other Comprehensive Income/Loss
| -0.529 | -0.386 | 0.205 | -0.393 | -0.865 | -1.162 | -3.085 | -4.617 | -4.783 | -3.378 | -0.528 | 0 | -20.438 | -17.902 | 0 | -13.348 | -11.358 | -9.549 | -171.957 | -153.081 | -150.254 | -148.227 | -143.499 | -138.134 | -130.788 | -31.367 | -123.592 | -30.131 |
| Other Total Stockholders Equity
| 615.012 | 624.869 | 674.918 | 654.754 | 635.548 | 613.887 | 592.9 | 571.636 | 550.711 | 528.516 | 511.096 | 493.328 | 548.15 | 526.049 | 494.122 | 490.659 | 474.491 | 450.252 | 603.327 | 568.75 | 558.13 | 540.415 | 530.732 | 76.548 | 232.418 | 0 | 49.328 | 0 |
| Total Shareholders Equity
| 361.096 | 348.876 | 381.075 | 342.939 | 306.923 | 288.956 | 248.879 | 242.583 | 246.319 | 249.349 | 259.517 | 264.833 | 308.528 | 305.501 | 299.31 | 281.574 | 270.143 | 258.736 | 259.424 | 262.599 | 257.633 | 243.972 | 243.745 | -33.23 | 137.338 | 135.119 | -31.367 | 148.654 |
| Total Equity
| 361.096 | 348.876 | 381.075 | 342.939 | 306.923 | 288.956 | 248.879 | 242.583 | 246.319 | 249.349 | 259.517 | 264.833 | 308.528 | 305.501 | 299.31 | 281.574 | 270.143 | 258.736 | 259.424 | 262.599 | 257.633 | 243.972 | 243.745 | -33.23 | 137.338 | 135.119 | -31.367 | 148.654 |
| Total Liabilities & Shareholders Equity
| 1,008.563 | 1,000.819 | 1,037.541 | 961.438 | 930.572 | 918.066 | 1,080.245 | 1,079.226 | 1,094.014 | 1,100.276 | 1,081.061 | 1,094.487 | 569.26 | 560.333 | 529.227 | 501.637 | 488.848 | 482.067 | 446.38 | 429.59 | 448.909 | 433.799 | 391.573 | 318.842 | 290.263 | 135.119 | 275.189 | 148.654 |