Upwork Inc.

NASDAQ:UPWK

16.22 (USD) • At close May 22, 2025
Overview | Financials

Numbers are in millions (except for per share data and ratios) USD.

2025 Q12024 Q42024 Q32024 Q22024 Q12023 Q42023 Q32023 Q22023 Q12022 Q42022 Q32022 Q22022 Q12021 Q42021 Q32021 Q22021 Q12020 Q42020 Q32020 Q22020 Q12019 Q42019 Q32019 Q22019 Q12018 Q42018 Q32018 Q22018 Q12017 Q42017 Q1
Assets:
Current Assets:
Cash & Cash Equivalents 304.449305.757288.464182.80324.66783.241146.827154.106101.985129.384156.423135.37121.174187.205600.077131.448104.31694.08188.43676.75565.63548.39271.1667.09249.22129.12827.05531.331-21.59521.595-27.326
Short Term Investments 317.619316.344312.719314.941465.939470.457408.417362.561407.643557.23519.383532.258551.781497.56696.76440.9965.51375.5767.05169.60679.69385.48160.40462.44271.99900043.19054.652
Cash and Short Term Investments 622.068622.101601.183497.744490.606553.698555.244516.667509.628686.614675.806667.628672.955684.771696.841172.438169.829169.651155.487146.361145.328133.873131.564129.534121.219129.12827.05531.33121.59521.59527.326
Net Receivables 77.91775.4969.447116.522114.403103.06160.26266.30959.29164.88867.0769.85862.04866.82658.23162.23251.89447.01839.85333.2335.2630.15632.03451.44748.26522.31541.59236.824030.7620
Inventory 000000177.97177.655179.42161.457000000000000000000000
Other Current Assets 238.028213.463233.661241.399243.01244.437194.507216.447198.901179.404203.686225.193232.683178.056197.003190.134182.887144.132145.105147.571140.33116.606129.805131.41133.447108.492118.13186.748091.7690
Total Current Assets 938.013911.054904.291855.665848.019883.371810.013780.027767.82930.906929.702944.305949.534929.653939.919412.278393.868360.801331.958318.153312.531280.635285.797305.837296.25255.882181.452154.90321.595144.12627.326
Non-Current Assets:
Property, Plant & Equipment, Net 40.47735.80836.31630.77630.61431.47331.82730.85929.90729.66629.87429.98730.8632.01135.0837.35746.68647.86848.34248.92947.60943.36220.66819.20712.60410.8156.266.04403.5140
Goodwill 121.064121.064118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.2190118.2190
Intangible Assets 11.17412.9891.8592.2582.6563.0480000000000118.2190.6671.3342.0012.6683.3354.0024.675.3376.0046.6717.33808.6720
Goodwill and Intangible Assets 132.238134.053120.078120.477120.875121.267118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.219118.886119.553120.22120.887121.554122.221122.889123.556124.223124.89125.5570126.8910
Long Term Investments 000000.80000.80000.800000000000000000
Tax Assets 127.762128.7790000000-0.8000-0.800000000000000000
Other Non-Current Assets 1.5761.9191.9741.6451.3110.631.3791.4672.121.4541.4311.5031.6630.3781.2691.4061.561.6721.7841.5461.040.8290.9040.9761.3890.6536.243.759-21.5950.658-27.326
Total Non-Current Assets 302.053300.559158.368152.898152.8154.17151.425150.545150.246149.339149.524149.709150.742151.408154.568156.982166.465168.426169.679170.695169.536165.745143.793143.072137.549135.691137.39135.36-21.595131.063-27.326
Total Assets 1,240.0661,211.6131,062.6591,008.5631,000.8191,037.541961.438930.572918.0661,080.2451,079.2261,094.0141,100.2761,081.0611,094.487569.26560.333529.227501.637488.848482.067446.38429.59448.909433.799391.573318.842290.2630275.1890
Liabilities & Equity:
Current Liabilities:
Account Payables 220.0576.1285.6015.8635.9165.0631.7474.1784.2487.5495.3545.28110.3274.9963.378.62512.086.4555.7085.181.7190.6522.9341.5211.5422.0735.4711.9200.4620
Short Term Debt 01.6242.7763.8124.9185.6876.3726.5936.5476.5026.4556.416.3646.3156.2710.95711.70211.30610.54510.64725.72310.7987.57932.57432.5695.67129.59412.764010.3420
Tax Payables 011.39411.84612.55213.76313.17113.6513.19612.04214.10212.4711.6283.6564.1373.1663.0372.5223.8182.672.0441.7462.4012.1952.1921.8881.631.6341.72801.8610
Deferred Revenue 7.4967.2698.78210.76613.95717.36121.23724.07925.55725.07524.9123.98323.54822.08320.74219.16418.15716.80115.89214.98414.38613.7991.5871.130.8910.7220.7170.71100.6140
Other Current Liabilities 47.143242.018255.434252.103250.938251.721210.059206.683208.426194.464202.822216.085219.392196.103208.303190.643181.527160.367151.258149.82142.07121.448134.296135.242133.803117.504122.756114.3430101.3640
Total Current Liabilities 274.696268.433284.439285.096289.492293.003253.065254.729256.82247.692252.011263.387263.287233.634241.851232.426225.988198.747186.073182.675185.644149.098148.591172.659170.693127.6160.172130.7550114.6430
Non-Current Liabilities:
Long Term Debt 10.385367.495366.688361.843361.855362.175362.558363.385364.418575.438576.139576.824577.452578.052578.63419.3920.97723.64826.71429.03431.30331.88512.58414.46916.35418.23919.30421.12023.4910
Deferred Revenue Non-Current 0000.0040.0870.792.4515.127.3807.8076.7286.54705.3565.2654.36100000000000000
Deferred Tax Liabilities Non-Current 0004.8355.3086.088-2.451-5.12-7.380-7.807-6.728-6.5470-5.356-5.265-4.36100000000000000
Other Non-Current Liabilities 360.6430.3080.3610.5280.5091.2882.8765.5357.8728.2368.4937.48410.1889.8589.1698.9167.8677.5227.2766.9966.3845.9735.8164.1482.781.989172.5961.050168.4220
Total Non-Current Liabilities 371.028367.803367.049362.371362.451363.463365.434368.92372.29583.674584.632584.308587.64587.91587.80328.30628.84431.1733.9936.0337.68737.85818.418.61719.13420.228191.922.170191.9130
Total Liabilities 645.724636.236651.488647.467651.943656.466618.499623.649629.11831.366836.643847.695850.927821.544829.654260.732254.832229.917220.063218.705223.331186.956166.991191.276189.827147.828352.072152.9250306.5560
Equity:
Preferred Stock 00000000000000.528000000000000166.486166.486166.486166.486178.785
Common Stock 0.0130.0140.0130.0130.0130.0140.0140.0130.0130.0130.0130.0130.0130.0130.0130.0130.0130.0120.0120.0120.0110.0110.0110.0110.0110.0110.0040.0100.0030
Retained Earnings -40.746-78.476-225.642-253.4-275.62-294.062-311.436-327.773-323.782-340.949-324.449-299.622-275.802-251.064-228.508-219.197-202.659-194.824-195.749-193.002-181.978-171.957-153.081-150.254-148.227-143.499-138.134-130.7880-123.5920
Accumulated Other Comprehensive Income/Loss 0.5480.2641.222-0.529-0.3860.205-0.393-0.865-1.162-3.085-4.617-4.783-3.378-0.5280-20.438-17.9020-13.348-11.358-9.549-171.957-153.081-150.254-148.227-143.499-138.134-130.788-31.367-123.592-30.131
Other Total Stockholders Equity 634.527653.575635.578615.012624.869674.918654.754635.548613.887592.9571.636550.711528.516511.096493.328527.712508.147494.122477.311463.133440.703431.37415.669407.876392.188387.233243.034268.1160215.8140
Total Shareholders Equity 594.342575.377411.171361.096348.876381.075342.939306.923288.956248.879242.583246.319249.349259.517264.833308.528305.501299.31281.574270.143258.736259.424262.599257.633243.972243.745-33.23137.338135.119-31.367148.654
Total Equity 594.342575.377411.171361.096348.876381.075342.939306.923288.956248.879242.583246.319249.349259.517264.833308.528305.501299.31281.574270.143258.736259.424262.599257.633243.972243.745-33.23137.338135.119-31.367148.654
Total Liabilities & Shareholders Equity 1,240.0661,211.6131,062.6591,008.5631,000.8191,037.541961.438930.572918.0661,080.2451,079.2261,094.0141,100.2761,081.0611,094.487569.26560.333529.227501.637488.848482.067446.38429.59448.909433.799391.573318.842290.263135.119275.189148.654