Upwork Inc. (FRA:UP2)

Upwork Statistics

Total Valuation

Upwork has a market cap or net worth of EUR 2.23 billion. The enterprise value is 2.00 billion.

Market Cap	2.23B
Enterprise Value	2.00B

Important Dates

The last earnings date was Monday, November 3, 2025.

Earnings Date	Nov 3, 2025
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	130.65M
Shares Outstanding	n/a
Shares Change (YoY)	+1.51%
Shares Change (QoQ)	-0.38%
Owned by Insiders (%)	6.65%
Owned by Institutions (%)	94.54%
Float	121.97M

Valuation Ratios

The trailing PE ratio is 10.62 and the forward PE ratio is 13.83.

PE Ratio	10.62
Forward PE	13.83
PS Ratio	3.36
PB Ratio	4.17
P/TBV Ratio	5.99
P/FCF Ratio	12.12
P/OCF Ratio	11.75
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.36, with an EV/FCF ratio of 10.85.

EV / Earnings	9.50
EV / Sales	2.98
EV / EBITDA	15.36
EV / EBIT	16.86
EV / FCF	10.85

Financial Position

The company has a current ratio of 1.44, with a Debt / Equity ratio of 0.59.

Current Ratio	1.44
Quick Ratio	1.09
Debt / Equity	0.59
Debt / EBITDA	2.45
Debt / FCF	1.72
Interest Coverage	49.95

Financial Efficiency

Return on equity (ROE) is 47.52% and return on invested capital (ROIC) is 9.69%.

Return on Equity (ROE)	47.52%
Return on Assets (ROA)	7.26%
Return on Invested Capital (ROIC)	9.69%
Return on Capital Employed (ROCE)	21.19%
Revenue Per Employee	1.11M
Profits Per Employee	350,802
Employee Count	600
Asset Turnover	0.66
Inventory Turnover	n/a

Taxes

Income Tax	-93.29M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +5.04% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+5.04%
50-Day Moving Average	15.05
200-Day Moving Average	13.18
Relative Strength Index (RSI)	59.75
Average Volume (20 Days)	34

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	3.08

Income Statement

In the last 12 months, Upwork had revenue of EUR 665.53 million and earned 210.48 million in profits. Earnings per share was 1.48.

Revenue	665.53M
Gross Profit	517.75M
Operating Income	117.55M
Pretax Income	117.19M
Net Income	210.48M
EBITDA	126.12M
EBIT	117.55M
Earnings Per Share (EPS)	1.48

Balance Sheet

The company has 548.11 million in cash and 316.29 million in debt, giving a net cash position of 231.82 million.

Cash & Cash Equivalents	548.11M
Total Debt	316.29M
Net Cash	231.82M
Net Cash Per Share	n/a
Equity (Book Value)	535.35M
Book Value Per Share	4.07
Working Capital	245.87M

Cash Flow

In the last 12 months, operating cash flow was 190.18 million and capital expenditures -5.87 million, giving a free cash flow of 184.31 million.

Operating Cash Flow	190.18M
Capital Expenditures	-5.87M
Free Cash Flow	184.31M
FCF Per Share	n/a

Margins

Gross margin is 77.80%, with operating and profit margins of 17.66% and 31.63%.

Gross Margin	77.80%
Operating Margin	17.66%
Pretax Margin	17.61%
Profit Margin	31.63%
EBITDA Margin	18.95%
EBIT Margin	17.66%
FCF Margin	27.69%

Dividends & Yields

Upwork does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-1.51%
Shareholder Yield	-1.51%
Earnings Yield	9.42%
FCF Yield	8.25%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Upwork has an Altman Z-Score of 2.95 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.95
Piotroski F-Score	4