Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
8.49
+0.30 (3.66%)
At close: Aug 18, 2026, 4:00 PM EDT
8.36
-0.13 (-1.53%)
After-hours: Aug 18, 2026, 7:38 PM EDT

Upwork Statistics

Total Valuation

Upwork has a market cap or net worth of $1.06 billion. The enterprise value is $824.69 million.

Market Cap1.06B
Enterprise Value 824.69M

Important Dates

The last earnings date was Monday, August 10, 2026, after market close.

Earnings Date Aug 10, 2026
Ex-Dividend Date n/a

Share Statistics

Upwork has 124.80 million shares outstanding. The number of shares has decreased by -5.27% in one year.

Current Share Class 124.80M
Shares Outstanding 124.80M
Shares Change (YoY) -5.27%
Shares Change (QoQ) -4.20%
Owned by Insiders (%) 7.60%
Owned by Institutions (%) 97.00%
Float 108.00M

Valuation Ratios

The trailing PE ratio is 11.12 and the forward PE ratio is 6.63.

PE Ratio 11.12
Forward PE 6.63
PS Ratio 1.35
Forward PS 1.48
PB Ratio 1.88
P/TBV Ratio 2.46
P/FCF Ratio 5.18
P/OCF Ratio 5.08
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.53, with an EV/FCF ratio of 4.03.

EV / Earnings 8.10
EV / Sales 1.05
EV / EBITDA 5.53
EV / EBIT 6.13
EV / FCF 4.03

Financial Position

The company has a current ratio of 1.42, with a Debt / Equity ratio of 0.62.

Current Ratio 1.42
Quick Ratio 1.08
Debt / Equity 0.62
Debt / EBITDA 2.54
Debt / FCF 1.86
Interest Coverage 42.19

Financial Efficiency

Return on equity (ROE) is 16.70% and return on invested capital (ROIC) is 26.32%.

Return on Equity (ROE) 16.70%
Return on Assets (ROA) 6.63%
Return on Invested Capital (ROIC) 26.32%
Return on Capital Employed (ROCE) 21.14%
Weighted Average Cost of Capital (WACC) 7.38%
Revenue Per Employee $1.25M
Profits Per Employee $161,641
Employee Count630
Asset Turnover 0.62
Inventory Turnover n/a

Taxes

In the past 12 months, Upwork has paid $37.71 million in taxes.

Income Tax 37.71M
Effective Tax Rate 27.02%

Stock Price Statistics

The stock price has decreased by -38.48% in the last 52 weeks. The beta is 1.01, so Upwork's price volatility has been similar to the market average.

Beta (5Y) 1.01
52-Week Price Change -38.48%
50-Day Moving Average 8.84
200-Day Moving Average 13.37
Relative Strength Index (RSI) 43.80
Average Volume (20 Days) 4,274,556

Short Selling Information

The latest short interest is 22.89 million, so 18.34% of the outstanding shares have been sold short.

Short Interest 22.89M
Short Previous Month 25.62M
Short % of Shares Out 18.34%
Short % of Float 21.19%
Short Ratio (days to cover) 7.36

Income Statement

In the last 12 months, Upwork had revenue of $787.28 million and earned $101.83 million in profits. Earnings per share was $0.76.

Revenue787.28M
Gross Profit 608.11M
Operating Income 134.47M
Pretax Income 139.54M
Net Income 101.83M
EBITDA 149.11M
EBIT 134.47M
Earnings Per Share (EPS) $0.76
Full Income Statement

Balance Sheet

The company has $614.24 million in cash and $379.41 million in debt, with a net cash position of $234.84 million or $1.88 per share.

Cash & Cash Equivalents 614.24M
Total Debt 379.41M
Net Cash 234.84M
Net Cash Per Share $1.88
Equity (Book Value) 611.27M
Book Value Per Share 4.52
Working Capital 270.74M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $208.67 million and capital expenditures -$4.28 million, giving a free cash flow of $204.40 million.

Operating Cash Flow 208.67M
Capital Expenditures -4.28M
Depreciation & Amortization 14.65M
Net Borrowing n/a
Free Cash Flow 204.40M
FCF Per Share $1.64
Full Cash Flow Statement

Margins

Gross margin is 77.24%, with operating and profit margins of 17.08% and 12.93%.

Gross Margin 77.24%
Operating Margin 17.08%
Pretax Margin 17.72%
Profit Margin 12.93%
EBITDA Margin 18.94%
EBIT Margin 17.08%
FCF Margin 25.96%

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 5.27%
Shareholder Yield 5.27%
Earnings Yield 9.61%
FCF Yield 19.29%

Analyst Forecast

The average price target for Upwork is $9.88, which is 16.37% higher than the current price. The consensus rating is "Hold".

Price Target $9.88
Price Target Difference 16.37%
Analyst Consensus Hold
Analyst Count 10
Revenue Growth Forecast (3Y) -0.10%
EPS Growth Forecast (3Y) 1.89%
Stock Forecasts

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 3.05 and a Piotroski F-Score of 4.

Altman Z-Score 3.05
Piotroski F-Score 4