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
| Period Ending | Sep 29, 2024 | Jun 29, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 29, 2023 | Jun 29, 2023 | Mar 30, 2023 | Dec 31, 2022 | Sep 29, 2022 | Jun 29, 2022 | Mar 30, 2022 | Dec 31, 2021 | Sep 29, 2021 | Jun 29, 2021 | Mar 30, 2021 | Dec 31, 2020 | Sep 29, 2020 | Jun 29, 2020 | Mar 30, 2020 | Dec 31, 2019 | Sep 29, 2019 | Jun 29, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Marketplace Revenue | 655.94M | 650.34M | 640.19M | 623.95M | 614.16M | 597.56M | 585.26M | 566.59M | ||||||||||||||
| Marketplace Revenue Growth | 6.80% | 8.83% | 9.39% | 10.12% | 12.83% | 15.59% | 20.15% | 22.55% | ||||||||||||||
| Enterprise Revenue | 105.83M | 93.39M | 79.03M | 65.19M | 52.44M | 51.95M | 52.54M | 51.68M | ||||||||||||||
| Enterprise Revenue Growth | 101.80% | 79.77% | 50.41% | 26.13% | 6.14% | 12.27% | 21.01% | 27.75% |
Operating Metrics
| Period Ending | Sep 29, 2024 | Jun 29, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 29, 2023 | Jun 29, 2023 | Mar 30, 2023 | Dec 31, 2022 | Sep 29, 2022 | Jun 29, 2022 | Mar 30, 2022 | Dec 31, 2021 | Sep 29, 2021 | Jun 29, 2021 | Mar 30, 2021 | Dec 31, 2020 | Sep 29, 2020 | Jun 29, 2020 | Mar 30, 2020 | Dec 31, 2019 | Sep 29, 2019 | Jun 29, 2019 | Mar 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Services Volume | 4.09B | 4.12B | 4.15B | 4.14B | 4.10B | 4.10B | 4.11B | 4.10B | ||||||||||||||||
| Gross Services Volume Growth | -0.31% | 0.54% | 1.02% | 0.92% | 1.14% | 4.23% | 9.18% | 15.71% | ||||||||||||||||
| Enterprise Revenue | 105.83M | 91.50M | 79.45M | 64.25M | 50.60M | 51.00M | 49.00M | 48.40M | - | - | - | - | - | - | - | - | ||||||||
| Enterprise Revenue Growth | 109.16% | 79.40% | 62.15% | 32.74% | 9.76% | 20.00% | 26.61% | 38.68% | - | - | - | - | - | - | - | - | ||||||||
| Active Clients | 855.00K | 868.00K | 872.00K | 851.00K | 836.00K | 822.00K | 827.00K | 814.00K | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Active Clients Growth | 2.27% | 5.60% | 5.44% | 4.55% | 2.20% | 1.86% | 4.29% | 5.58% | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Gross Services Volume Per Client | 4.78K | 4.99K | 4.76K | 4.82K | 4.91K | 4.99K | 4.97K | 5.05K | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Gross Services Volume Per Client Growth | -2.55% | - | -4.23% | -4.50% | -1.05% | 2.32% | 4.74% | 9.70% | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| New Enterprise Clients | 42.00 | 46.00 | 28.00 | 31.00 | 23.00 | 19.00 | 25.00 | 26.00 | - | - | - | - | - | - | - | - | ||||||||
| Take Rate | 18.30% | 19.15% | 17.70% | 17.20% | 17.10% | 16.30% | 16.00% | 15.70% | - | - | - | - | - | - | - | - | - | |||||||
| New Enterprise Clients Growth | 82.61% | 142.11% | 12.00% | 19.23% | -8.00% | -47.22% | -21.88% | -18.75% | - | - | - | - | - | - | - | - |
Operating Expense Breakdown
| Period Ending | Sep 29, 2024 | Jun 29, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 29, 2023 | Jun 29, 2023 | Mar 30, 2023 | Dec 31, 2022 | Sep 29, 2022 | Jun 29, 2022 | Mar 30, 2022 | Dec 31, 2021 | Sep 29, 2021 | Jun 29, 2021 | Mar 30, 2021 | Dec 31, 2020 | Sep 29, 2020 | Jun 29, 2020 | Mar 30, 2020 | Dec 31, 2019 | Sep 29, 2019 | Jun 29, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Research and Development | 202.01M | 195.02M | 185.80M | 177.36M | 172.81M | 168.29M | 160.87M | 154.55M | ||||||||||||||
| Research and Development Growth | 16.90% | 15.88% | 15.49% | 14.76% | 18.07% | 21.65% | 23.15% | 29.79% | ||||||||||||||
| Sales and Marketing | 190.58M | 191.80M | 203.53M | 220.68M | 234.16M | 250.03M | 254.24M | 246.88M | ||||||||||||||
| Sales and Marketing Growth | -18.61% | -23.29% | -19.94% | -10.61% | -1.93% | 14.27% | 26.28% | 34.69% | ||||||||||||||
| General and Administrative | 125.20M | 122.58M | 121.64M | 118.93M | 117.00M | 119.76M | 124.10M | 123.95M | ||||||||||||||
| General and Administrative Growth | 7.01% | 2.36% | -1.98% | -4.06% | -6.39% | 0.08% | 4.56% | 9.61% | ||||||||||||||
| Provision for Transaction Losses | 6.61M | 6.43M | 7.20M | 12.98M | 17.10M | 25.62M | 29.73M | 25.15M | ||||||||||||||
| Provision for Transaction Losses Growth | -61.34% | -74.90% | -75.77% | -48.41% | -19.60% | 104.88% | 321.63% | 315.89% |
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.