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UPWKUpwork Inc

NASDAQ · Communication Services · Internet Content & Information

$9.11

-$0.08 (-0.92%)

Upwork Inc (UPWK) is a internet content & information company listed on NASDAQ. It is led by Hayden Brown, based in 530 Lytton Avenue, Palo Alto, CA, United States, 94301, with about 630 employees. Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally. The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its marketplace also streamlines workflows, such as talent sourcing, outreach, contracting, and engagement management, as well as provides infrastructure for remote collaboration, including communication and collaboration tools, consolidated invoicing, and payment protection; and Upwork Payroll services. It also offers enterprise solutions that provide access to platform capabilities that support contingent workforce solutions, including sourcing, onboarding, classification, compliance and contract management, payments, and reporting. In addition, the company offers managed services that provide a service-led program management and end-to-end project delivery solution that enables enterprise clients to outsource defined functions or projects; Uma, an AI assistant; and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was founded in 1998 and is headquartered in Palo Alto, California.

Latest reported UPWK revenue for 2025-09-30 was $201.7M. Net income was $99.8M. Revenue was up 3.5% from 2025-06-30 to 2025-09-30. UPWK currently screens at market cap $996.8M and trailing P/E 10.0.

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About Upwork Inc

Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally. The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its marketplace also streamlines workflows, such as talent sourcing, outreach, contracting, and engagement management, as well as provides infrastructure for remote collaboration, including communication and collaboration tools, consolidated invoicing, and payment protection; and Upwork Payroll services. It also offers enterprise solutions that provide access to platform capabilities that support contingent workforce solutions, including sourcing, onboarding, classification, compliance and contract management, payments, and reporting. In addition, the company offers managed services that provide a service-led program management and end-to-end project delivery solution that enables enterprise clients to outsource defined functions or projects; Uma, an AI assistant; and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was founded in 1998 and is headquartered in Palo Alto, California.

UPWK Key Statistics

Market Cap

$996.79M

Volume

1.80M

Previous Close

$8.74

Day Range

$8.55$8.70

P/E Ratio

9.96

P/B Ratio

1.83

EPS

$1.52

Revenue

$769.33M

Net Income

$215.59M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

+11.6%

Profit Margin

28.0%

Employees

630

UPWK Financials

Annual income statement in USD. Latest reported periods first.

UPWK annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$769.33M$689.14M$618.32M$502.80M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income$215.59M$46.89M-$89.89M-$56.24M
EPS (Diluted)$1.52$0.06-$0.69-$0.44

Total Assets

$1.21B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$305.76M

Operating Cash Flow

$153.56M

Free Cash Flow

$0.00

Upwork Inc Company Information

President, CEO & Director
Hayden Brown
Headquarters
530 Lytton Avenue, Palo Alto, CA, United States, 94301
Phone
650 316 7500
IPO / Founded
2018-10-03
Industry
Internet Content & Information
Data Updated:

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