Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
9.83
+0.16 (1.65%)
At close: Aug 10, 2026, 4:00 PM EDT
7.84
-1.99 (-20.25%)
After-hours: Aug 10, 2026, 7:59 PM EDT

Upwork Statistics

Total Valuation

Upwork has a market cap or net worth of $1.21 billion. The enterprise value is $975.00 million.

Market Cap1.21B
Enterprise Value 975.00M

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

Current Share Class 123.52M
Shares Outstanding 123.52M
Shares Change (YoY) -5.27%
Shares Change (QoQ) -4.20%
Owned by Insiders (%) 7.26%
Owned by Institutions (%) 109.80%
Float 113.31M

Valuation Ratios

The trailing PE ratio is 12.27 and the forward PE ratio is 5.91.

PE Ratio 12.27
Forward PE 5.91
PS Ratio 1.54
Forward PS 1.55
PB Ratio 2.13
P/TBV Ratio 2.82
P/FCF Ratio 5.94
P/OCF Ratio 5.82
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.20, with an EV/FCF ratio of 4.77.

EV / Earnings 9.57
EV / Sales 1.24
EV / EBITDA 8.20
EV / EBIT 8.20
EV / FCF 4.77

Financial Position

The company has a current ratio of 1.42, with a Debt / Equity ratio of 0.61.

Current Ratio 1.42
Quick Ratio 1.08
Debt / Equity 0.61
Debt / EBITDA 3.15
Debt / FCF 1.83
Interest Coverage 37.72

Financial Efficiency

Return on equity (ROE) is 16.70% and return on invested capital (ROIC) is 24.27%.

Return on Equity (ROE) 16.70%
Return on Assets (ROA) 6.08%
Return on Invested Capital (ROIC) 24.27%
Return on Capital Employed (ROCE) 18.69%
Weighted Average Cost of Capital (WACC) 7.64%
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 -25.36% 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 -25.36%
50-Day Moving Average 8.89
200-Day Moving Average 13.61
Relative Strength Index (RSI) 59.60
Average Volume (20 Days) 3,488,827

Short Selling Information

The latest short interest is 25.62 million, so 20.74% of the outstanding shares have been sold short.

Short Interest 25.62M
Short Previous Month 25.03M
Short % of Shares Out 20.74%
Short % of Float 22.61%
Short Ratio (days to cover) 8.07

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 $0.77.

Revenue787.28M
Gross Profit 607.84M
Operating Income 123.31M
Pretax Income 139.54M
Net Income 101.83M
EBITDA 118.91M
EBIT 118.91M
Earnings Per Share (EPS) $0.77
Full Income Statement

Balance Sheet

The company has $614.24 million in cash and $375.06 million in debt, with a net cash position of $239.19 million or $1.94 per share.

Cash & Cash Equivalents 614.24M
Total Debt 375.06M
Net Cash 239.19M
Net Cash Per Share $1.94
Equity (Book Value) 611.27M
Book Value Per Share 4.90
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 18.85M
Net Borrowing n/a
Free Cash Flow 204.40M
FCF Per Share $1.65
Full Cash Flow Statement

Margins

Gross margin is 77.21%, with operating and profit margins of 15.66% and 12.93%.

Gross Margin 77.21%
Operating Margin 15.66%
Pretax Margin 17.72%
Profit Margin 12.93%
EBITDA Margin 18.06%
EBIT Margin 15.66%
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 8.39%
FCF Yield 16.83%

Analyst Forecast

The average price target for Upwork is $12.44, which is 26.55% higher than the current price. The consensus rating is "Hold".

Price Target $12.44
Price Target Difference 26.55%
Analyst Consensus Hold
Analyst Count 10
Revenue Growth Forecast (3Y) 5.69%
EPS Growth Forecast (3Y) 13.19%
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

Altman Z-Score n/a
Piotroski F-Score 4