Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
19.58
-0.11 (-0.56%)
At close: Nov 26, 2025, 4:00 PM EST
19.70
+0.12 (0.61%)
After-hours: Nov 26, 2025, 7:49 PM EST
Upwork Operating Metrics
| Period Ending | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Active Clients | 794.00K | 796.00K | 812.00K | 832.00K | 855.00K | 868.00K | 872.00K | 851.00K | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Active Clients Growth | -7.13% | -8.29% | -6.88% | -2.23% | 2.27% | 5.60% | 5.44% | 4.55% | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Enterprise Revenue | 105.68M | 104.96M | 107.02M | 107.22M | 105.83M | 91.50M | 79.45M | 64.25M | - | - | - | - | - | - | - | - | ||||||||||||
| Enterprise Revenue Growth | -0.15% | 14.72% | 34.70% | 66.89% | 109.16% | 79.40% | 62.15% | 32.74% | - | - | - | - | - | - | - | - | ||||||||||||
| Gross Services Volume | 4.00B | 3.98B | 3.99B | 4.01B | 4.09B | 4.12B | 4.15B | 4.14B | ||||||||||||||||||||
| Gross Services Volume Growth | -2.12% | -3.34% | -3.88% | -3.23% | -0.31% | 0.54% | 1.02% | 0.92% | ||||||||||||||||||||
| Gross Services Volume Per Client | 5.04K | 5.00K | 4.91K | 4.82K | 4.78K | 4.99K | 4.76K | 4.82K | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Gross Services Volume Per Client Growth | 5.33% | 0.30% | 3.26% | -0.06% | -2.55% | - | -4.23% | -4.50% | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| New Enterprise Clients | - | - | - | 21.00 | 42.00 | 46.00 | 28.00 | 31.00 | 23.00 | 19.00 | 25.00 | - | - | - | - | - | - | - | - | |||||||||
| New Enterprise Clients Growth | - | - | - | -32.26% | 82.61% | 142.11% | 12.00% | 19.23% | -8.00% | -47.22% | -21.88% | - | - | - | - | - | - | - | - | |||||||||
| Take Rate | 18.90% | 18.50% | 18.30% | 19.30% | 18.30% | 19.15% | 17.70% | 17.20% | - | - | - | - | - | - | - | - | - |
| Period Ending | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Marketplace Revenue | 675.18M | 667.95M | 664.07M | 662.11M | 655.94M | 650.34M | 640.19M | 623.95M | ||||||||||||||||||
| Marketplace Revenue Growth | 2.93% | 2.71% | 3.73% | 6.12% | 6.80% | 8.83% | 9.39% | 10.12% | ||||||||||||||||||
| Enterprise Revenue | 105.68M | 104.96M | 107.02M | 107.22M | 105.83M | 93.39M | 79.03M | 65.19M | ||||||||||||||||||
| Enterprise Revenue Growth | -0.15% | 12.39% | 35.43% | 64.47% | 101.80% | 79.77% | 50.41% | 26.13% |
| Period Ending | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Research and Development | 191.98M | 194.90M | 202.52M | 209.28M | 202.01M | 195.02M | 185.80M | 177.36M | ||||||||||||||||||
| Research and Development Growth | -4.96% | -0.06% | 9.00% | 18.00% | 16.90% | 15.88% | 15.49% | 14.76% | ||||||||||||||||||
| Sales and Marketing | 151.34M | 162.45M | 173.11M | 185.21M | 190.58M | 191.80M | 203.53M | 220.68M | ||||||||||||||||||
| Sales and Marketing Growth | -20.59% | -15.30% | -14.95% | -16.07% | -18.61% | -23.29% | -19.94% | -10.61% | ||||||||||||||||||
| General and Administrative | 140.57M | 130.59M | 124.85M | 128.80M | 125.20M | 122.58M | 121.64M | 118.93M | ||||||||||||||||||
| General and Administrative Growth | 12.27% | 6.53% | 2.64% | 8.31% | 7.01% | 2.36% | -1.98% | -4.06% | ||||||||||||||||||
| Provision for Transaction Losses | 8.65M | 8.06M | 8.06M | 6.73M | 6.61M | 6.43M | 7.20M | 12.98M | ||||||||||||||||||
| Provision for Transaction Losses Growth | 30.91% | 25.27% | 11.90% | -48.15% | -61.34% | -74.90% | -75.77% | -48.41% |
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.