Upwork, Inc financial data

Symbol
UPWK on Nasdaq
Industry
Services-Computer Processing & Data Preparation
Location
530 Lytton Avenue, Suite 301, Palo Alto, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 312 % +1.84%
Debt-to-equity 153 % -20.4%
Return On Equity 50.8 % +258%
Return On Assets 20.1 % +313%
Operating Margin 8.48 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 135M shares -1.41%
Common Stock, Shares, Outstanding 135M shares -1.4%
Entity Public Float 1.32B USD +14%
Common Stock, Value, Issued 14K USD 0%
Weighted Average Number of Shares Outstanding, Basic 134M shares -0.86%
Weighted Average Number of Shares Outstanding, Diluted 143M shares +4.29%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 769M USD +11.6%
Research and Development Expense 209M USD +18%
Selling and Marketing Expense 185M USD -16.1%
General and Administrative Expense 129M USD +8.31%
Operating Income (Loss) 65.2M USD +61.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 90.4M USD +85%
Income Tax Expense (Benefit) 2.08M USD -47.9%
Net Income (Loss) Attributable to Parent 216M USD +360%
Earnings Per Share, Basic 1.61 USD/shares +360%
Earnings Per Share, Diluted 1.52 USD/shares +2433%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 306M USD +284%
Marketable Securities, Current 316M USD -32.8%
Accounts Receivable, after Allowance for Credit Loss, Current 75.5M USD -26.8%
Assets, Current 911M USD +3.13%
Deferred Income Tax Assets, Net 129M USD
Property, Plant and Equipment, Net 30.1M USD +10.7%
Operating Lease, Right-of-Use Asset 5.75M USD +32.7%
Goodwill 121M USD +2.41%
Other Assets, Noncurrent 1.92M USD +34.2%
Assets 1.21B USD +16.8%
Accounts Payable, Current 6.13M USD +21%
Employee-related Liabilities, Current 30.7M USD +18.5%
Contract with Customer, Liability, Current 7.27M USD -58.1%
Liabilities, Current 268M USD -8.39%
Contract with Customer, Liability, Noncurrent 0 USD -100%
Operating Lease, Liability, Noncurrent 9.57M USD +57.1%
Other Liabilities, Noncurrent 308K USD -76.1%
Liabilities 636M USD -3.08%
Accumulated Other Comprehensive Income (Loss), Net of Tax 264K USD +28.8%
Retained Earnings (Accumulated Deficit) -78.5M USD +73.3%
Stockholders' Equity Attributable to Parent 575M USD +51%
Liabilities and Equity 1.21B USD +16.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 5.66M USD
Net Cash Provided by (Used in) Financing Activities -56.2M USD +63%
Net Cash Provided by (Used in) Investing Activities 6.14M USD -96%
Common Stock, Shares Authorized 490M shares 0%
Common Stock, Shares, Issued 135M shares -1.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -44.4M USD -417%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 506M USD +70.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 458K USD -43.5%
Deferred Tax Assets, Valuation Allowance 0 USD -100%
Deferred Tax Assets, Gross 133M USD -6.24%
Operating Lease, Liability 11.2M USD -4.96%
Depreciation 2.9M USD 0%
Payments to Acquire Property, Plant, and Equipment 177K USD +12%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 216M USD +330%
Lessee, Operating Lease, Liability, to be Paid 15.9M USD +21%
Property, Plant and Equipment, Gross 74.4M USD +9.29%
Operating Lease, Liability, Current 1.62M USD -71.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.96M USD +25.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.88M USD -67.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +16.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.7M USD +245%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.05M USD +76.4%
Deferred Tax Assets, Operating Loss Carryforwards 10.8M USD -75.8%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 20M USD +9.96%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.74M USD +53.6%
Deferred Tax Assets, Net of Valuation Allowance 133M USD +8772%
Interest Expense 3.65M USD -18.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%