Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
16.44
+0.20 (1.23%)
At close: Dec 20, 2024, 4:00 PM
16.42
-0.02 (-0.14%)
After-hours: Dec 20, 2024, 7:50 PM EST
Upwork Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2016 |
| Revenue | 761.78 | 689.14 | 618.32 | 502.8 | 373.63 | 300.56 | Upgrade
|
| Revenue Growth (YoY) | 14.27% | 11.45% | 22.98% | 34.57% | 24.31% | 18.63% | Upgrade
|
| Cost of Revenue | 177.32 | 170.45 | 160.4 | 135.51 | 104.27 | 88.14 | Upgrade
|
| Gross Profit | 584.46 | 518.69 | 457.92 | 367.29 | 269.36 | 212.42 | Upgrade
|
| Selling, General & Admin | 315.79 | 339.61 | 370.83 | 287.63 | 204.74 | 163.22 | Upgrade
|
| Research & Development | 202.01 | 177.36 | 154.55 | 119.08 | 83.47 | 64.03 | Upgrade
|
| Other Operating Expenses | 6.61 | 12.98 | 25.15 | 6.05 | 3.56 | 3.91 | Upgrade
|
| Operating Expenses | 524.4 | 529.95 | 550.54 | 412.77 | 291.77 | 231.15 | Upgrade
|
| Operating Income | 60.05 | -11.26 | -92.62 | -45.48 | -22.41 | -18.73 | Upgrade
|
| Interest Expense | -0.7 | -1 | -1.4 | - | -0.78 | -1.31 | Upgrade
|
| Interest & Investment Income | 29.1 | 24.4 | 7.9 | 0.3 | 1.07 | 2.51 | Upgrade
|
| Currency Exchange Gain (Loss) | 0.5 | 0.5 | -0.2 | -0.5 | -0.6 | 0.9 | Upgrade
|
| Other Non Operating Income (Expenses) | -1.08 | -2.71 | -3.03 | -1.7 | - | - | Upgrade
|
| EBT Excluding Unusual Items | 87.87 | 9.93 | -89.35 | -47.38 | -22.72 | -16.63 | Upgrade
|
| Asset Writedown | - | - | - | -8.74 | - | - | Upgrade
|
| Other Unusual Items | - | 38.95 | - | - | - | - | Upgrade
|
| Pretax Income | 87.87 | 48.88 | -89.35 | -56.12 | -22.72 | -16.63 | Upgrade
|
| Income Tax Expense | 2.08 | 1.99 | 0.54 | 0.12 | 0.15 | 0.03 | Upgrade
|
| Net Income | 85.79 | 46.89 | -89.89 | -56.24 | -22.87 | -16.66 | Upgrade
|
| Net Income to Common | 85.79 | 46.89 | -89.89 | -56.24 | -22.87 | -16.66 | Upgrade
|
| Shares Outstanding (Basic) | 134 | 135 | 131 | 127 | 119 | 110 | Upgrade
|
| Shares Outstanding (Diluted) | 141 | 137 | 131 | 127 | 119 | 110 | Upgrade
|
| Shares Change (YoY) | 5.17% | 5.17% | 2.64% | 7.13% | 8.09% | 109.86% | Upgrade
|
| EPS (Basic) | 0.64 | 0.35 | -0.69 | -0.44 | -0.19 | -0.15 | Upgrade
|
| EPS (Diluted) | 0.62 | 0.06 | -0.69 | -0.44 | -0.19 | -0.15 | Upgrade
|
| Free Cash Flow | 137.62 | 26.53 | 5.31 | 9.81 | 16.05 | -9.69 | Upgrade
|
| Free Cash Flow Per Share | 0.97 | 0.19 | 0.04 | 0.08 | 0.14 | -0.09 | Upgrade
|
| Gross Margin | 76.72% | 75.27% | 74.06% | 73.05% | 72.09% | 70.67% | Upgrade
|
| Operating Margin | 7.88% | -1.63% | -14.98% | -9.04% | -6.00% | -6.23% | Upgrade
|
| Profit Margin | 11.26% | 6.80% | -14.54% | -11.19% | -6.12% | -5.54% | Upgrade
|
| Free Cash Flow Margin | 18.07% | 3.85% | 0.86% | 1.95% | 4.29% | -3.23% | Upgrade
|
| EBITDA | 63.9 | -8.31 | -89.47 | -41.12 | -16.14 | -13.27 | Upgrade
|
| EBITDA Margin | 8.39% | -1.21% | -14.47% | -8.18% | -4.32% | -4.42% | Upgrade
|
| D&A For EBITDA | 3.85 | 2.95 | 3.16 | 4.36 | 6.27 | 5.46 | Upgrade
|
| EBIT | 60.05 | -11.26 | -92.62 | -45.48 | -22.41 | -18.73 | Upgrade
|
| EBIT Margin | 7.88% | -1.63% | -14.98% | -9.04% | -6.00% | -6.23% | Upgrade
|
| Effective Tax Rate | 2.37% | 4.07% | - | - | - | - | Upgrade
|
| Advertising Expenses | - | 83.2 | 121.2 | 90.8 | 51.4 | 37.4 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.