Upwork Inc. (UPWK)

NASDAQ: UPWK · USD

$8.98

-0.10 (-1.1%)· Recorded snapshot

Market cap	1.1B
Revenue (ttm)	787.3M
Net income (ttm)	101.8M
EPS (ttm)	$0.76
Shares out	124.8M
P/E (trailing)	11.8x
P/E (forward)	6.9x
Volume	1,488,937
Beta	1.05

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 787.3M
Net income (ttm): 101.8M
EPS (ttm): $0.76
P/E (trailing): 11.8x
P/E (forward): 6.9x
Market cap: 1.1B

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
APP	AppLovin Corporation	87B	20.0x	12.7x	132.7%	+25.8%	-59.6%	احتفاظ
BIDU	Baidu, Inc.	27.1B	—	1.4x	3.4%	+1.5%	-38.7%	شراء
CHTR	Charter Communications, Inc.	17.2B	2.7x	0.3x	8.5%	+1.7%	-57.3%	شراء قوي

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E6.9

P25 n/aP50 n/aP75 n/a

Trailing P/E11.8

P25 n/aP50 n/aP75 n/a

ROE16.7

P25 n/aP50 n/aP75 n/a

ROIC26.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All UPWK indicators

Market & fundamental data

Available fields

252

Groups with data

Currency

USD

Showing 252 of 252 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001627475
Company name	Upwork Inc.
Country	United States
Country code	US
CUSIP number	91688F104
Earnings date	2026-11-02
Earnings time	amc
Employees	630
Employees change	30
Employees growth	5%
Enterprise value	$885.2M
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1998
In index	RUSSELL2000
Industry	Internet Content & Information
IPO date	2018-10-03
Is primary listing	Yes
Is SPAC	No
ISIN number	US91688F1049
Last 10-K release date	2026-02-13
Last earnings date	2026-08-10
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$1.1B
Market cap category	Small-Cap
Next earnings date	2026-11-02
Options	Yes
Price	$8.98
Price currency	USD
Sector	Communication Services
SIC code	7374
Stock price date	2026-10-28
Symbol	UPWK
U.S. state	California
Website	https://www.upwork.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	6.06x
Average P/E ratio (3Y)	25.97x
Earnings yield	8.5%
EV/Earnings	8.74x
EV/EBIT	6.62x
EV/EBITDA	5.97x
EV/FCF	4.35x
EV/Sales	1.13x
FCF / EV yield	22.98%
FCF yield	18.18%
Forward EV/Sales	1.25x
Forward P/E	6.95x
Forward P/S	1.57x
Graham number	8.80638
Graham upside	-2.26%
Industry forward P/E	21.76x
Industry P/E	18.04x
P/(FCF - SBC) ratio	8.17x
P/(OCF - SBC) ratio	7.92x
P/B ratio	2.01x
P/E ratio	11.76x
P/FCF ratio	5.5x
P/OCF ratio	5.39x
P/S ratio	1.43x
Price / tangible book value	2.61x
Price/EBITDA ratio	7.54x
Sector forward P/E	18.4x
Sector P/E	19.11x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	17.08%
EBITDA margin	18.94%
Effective tax rate	27.02%
FCF margin	25.96%
Gross margin	77.24%
Operating margin	17.08%
Pretax margin	17.72%
Profit margin	12.93%
Profit per employee	$161,641
Profitable quarters	12
Profitable years	3
Revenue per employee	$1.2M
ROA	6.63%
ROA (5Y)	0.36%
ROCE	21.14%
ROE	16.7%
ROE (5Y)	4.73%
ROIC	26.32%
ROIC (5Y)	-6.42%
SBC / revenue	8.47%
Tax / revenue	4.79%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-55.69%
EPS growth (Q)	-15.87%
EPS growth (QoQ)	-15.36%
EPS growth years	0
FCF growth	1.48%
FCF growth (Q)	-35.47%
FCF growth (QoQ)	112.51%
FCF growth 3Y	148.57%
FCF growth 5Y	64.25%
Gross profit growth	1.02%
Gross profit growth (Q)	-3.21%
Gross profit growth 3Y	7.71%
Gross profit growth 5Y	13.57%
Net income growth	-58.5%
Net income growth (Q)	-22.37%
Net income growth (QoQ)	-19.25%
Net income growth years	0
OCF growth	-0.17%
OCF growth (Q)	-35.36%
OCF growth (QoQ)	103.63%
OCF growth 3Y	145.58%
OCF growth 5Y	63.02%
Operating income growth	5.83%
Operating income growth (Q)	19.19%
Revenue growth	1.86%
Revenue growth (Q)	-1.68%
Revenue growth (QoQ)	-1.96%
Revenue growth 3Y	6.62%
Revenue growth 5Y	12.3%
Revenue growth years	9

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-4.3M
Depreciation and amortization	$14.6M
EBIT	$134.5M
EBITDA	$149.1M
EPS	$0.76
FCF per share	$1.64
Financing cash flow	$-183.4M
Free cash flow	$204.4M
Free cash flow minus SBC	$137.7M
Gross profit	$608.1M
Income taxes	$37.7M
Investing cash flow	$140.9M
Net cash flow	$166.2M
Net income	$101.8M
Operating cash flow minus SBC	$142M
Operating income	$134.5M
Revenue	$787.3M
Stock-based compensation	$66.7M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	3.05
Book value per share	$4.52
Debt / EBITDA	2.54
Debt / equity	0.62
Debt / FCF	1.86
Goodwill	$149.2M
Interest coverage	42.19
Long-term assets	$365.4M
Long-term liabilities	$24.9M
Net cash (debt)	$234.8M
Net cash / market cap	20.89%
Net cash growth	-10.96%
Net debt / EBITDA	-1.57
Net debt / equity	-0.38
Net debt / FCF	-1.15
Piotroski F-Score	4
Property, plant and equipment	$70.8M
Shareholders' equity	$611.3M
Tangible book value	$430.8M
Tangible book value per share	$3.18
Total assets	$1.3B
Total cash	$614.2M
Total debt	$379.4M
Total liabilities	$663.1M
WACC	7.67%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.62
Current assets	$909M
Current liabilities	$638.2M
Current ratio	1.42
Net working capital	$21.5M
Quick ratio	1.08
Working capital	$270.7M
Working capital turnover	1.69

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	5.27%
Dividend yield	0%
Shareholder yield	5.27%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	$9.13
1D price change	-1.05%
1M price change	9.08%
1M total return	9.08%
1W price change	1.6%
1W total return	1.6%
1Y price change	-44.85%
1Y return CAGR	-44.87%
1Y total return	-44.85%
20-day SMA	$8.70
200-day SMA	$10.72
3M price change	-4%
3M total return	-4%
3Y price change	-13.77%
3Y return CAGR	-4.82%
3Y total return	-13.77%
50-day SMA	$8.62
50-day SMA vs 200-day SMA	50under200
52-week high	$22.84
52-week high date	2026-01-26
52-week low	$7.44
52-week low date	2026-05-08
5Y price change	-83.81%
5Y return CAGR	-30.53%
5Y total return	-83.81%
6M price change	-16.53%
6M total return	-16.53%
All-time high	$64.49
All-time high date	2021-07-13
All-time low	$5.14
All-time low date	2020-03-18
Average true range (ATR)	$0.33
Average volume	2.4M
Beta (1Y)	0.68
Beta (2Y)	1.26
Beta (5Y)	1.05
Change from 52-week high	-60.7%
Change from 52-week low	20.63%
Change from all-time high	-86.21%
Change from all-time low	72.96%
Change from open	-0.83%
Day's gap	-0.22%
Dollar volume	$13.4M
High price	$9.13
Low price	$8.87
Monthly RSI	40.8
Open price	$9.05
Position in 52-week range	40.38%
Premarket change	-0.77%
Premarket close	$9.07
Premarket price	$9.00
Premarket volume	1.4K
Previous close	$9.07
Price vs 150-day SMA	-2.63%
Price vs 20-day SMA	2.24%
Price vs 200-day SMA	-17.07%
Price vs 50-day SMA	3.17%
Relative volume	0.62
RSI	53.1
Sharpe ratio	-0.74
Sharpe ratio (3Y)	0.08
Sharpe ratio (5Y)	-0.35
Sortino ratio	-0.88
Sortino ratio (3Y)	0.23
Sortino ratio (5Y)	-0.44
Volume	1.5M
Weekly RSI	43.72
YTD price change	-55.15%
YTD total return	-55.15%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	111.1M
Float percentage	89.04%
Shares change (QoQ)	-4.2%
Shares change (YoY)	-5.27%
Shares held by insiders	5.1%
Shares held by institutions	97.48%
Shares outstanding	124.8M
Short % of float	15.78%
Short % of shares	14.05%
Short ratio	6.3 days

Deeper analysis on UPWK

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this UPWK report

Is a complete UPWK research report available?

No complete published report is available for Upwork Inc. (UPWK) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Upwork Inc. (UPWK)

Price

Financial snapshot

Fair-value bridge

Latest news · UPWK

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All UPWK indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on UPWK

Frequently asked questions