Upwork, Inc financial data

Symbol
UPWK on Nasdaq
Industry
Services-Computer Processing & Data Preparation
Location
530 Lytton Avenue, Suite 301, Palo Alto, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 303 % -6.72%
Debt-to-equity 174 % -23.7%
Return On Equity 22.8 % +421%
Return On Assets 8.35 % +524%
Operating Margin 7.88 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 134M shares -1.79%
Common Stock, Shares, Outstanding 133M shares -1.92%
Entity Public Float 1.16B USD -53.3%
Common Stock, Value, Issued 13K USD -7.14%
Weighted Average Number of Shares Outstanding, Basic 133M shares -2.1%
Weighted Average Number of Shares Outstanding, Diluted 139M shares +1.46%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 762M USD +14.3%
Research and Development Expense 202M USD +16.9%
Selling and Marketing Expense 191M USD -18.6%
General and Administrative Expense 125M USD +7.01%
Operating Income (Loss) 60.1M USD +81.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 87.9M USD +417%
Income Tax Expense (Benefit) 2.08M USD -47.9%
Net Income (Loss) Attributable to Parent 85.8M USD +559%
Earnings Per Share, Basic 0.65 USD/shares +622%
Earnings Per Share, Diluted 0.62 USD/shares +66.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 288M USD +96.5%
Marketable Securities, Current 313M USD -23.4%
Accounts Receivable, after Allowance for Credit Loss, Current 69.4M USD +15.2%
Assets, Current 904M USD +11.6%
Property, Plant and Equipment, Net 29.9M USD +12.1%
Operating Lease, Right-of-Use Asset 6.44M USD +24.6%
Goodwill 118M USD 0%
Other Assets, Noncurrent 1.97M USD +43.1%
Assets 1.06B USD +10.5%
Accounts Payable, Current 5.6M USD +221%
Employee-related Liabilities, Current 26.6M USD +50.6%
Contract with Customer, Liability, Current 8.78M USD -58.6%
Liabilities, Current 284M USD +12.4%
Contract with Customer, Liability, Noncurrent 0 USD -100%
Operating Lease, Liability, Noncurrent 9.22M USD +33%
Other Liabilities, Noncurrent 361K USD -87.4%
Liabilities 651M USD +5.33%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.22M USD
Retained Earnings (Accumulated Deficit) -226M USD +27.5%
Stockholders' Equity Attributable to Parent 411M USD +19.9%
Liabilities and Equity 1.06B USD +10.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 5.66M USD
Net Cash Provided by (Used in) Financing Activities -56.2M USD +63%
Net Cash Provided by (Used in) Investing Activities 6.14M USD -96%
Common Stock, Shares Authorized 490M shares 0%
Common Stock, Shares, Issued 133M shares -1.92%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -44.4M USD -417%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 507M USD +54%
Interest Paid, Excluding Capitalized Interest, Operating Activities 458K USD -43.5%
Deferred Tax Assets, Valuation Allowance 140M USD -10.8%
Deferred Tax Assets, Gross 142M USD -11.3%
Operating Lease, Liability 11.8M USD -33.4%
Depreciation 2.5M USD -19.4%
Payments to Acquire Property, Plant, and Equipment 177K USD +12%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 87.4M USD +407%
Lessee, Operating Lease, Liability, to be Paid 13.1M USD -34%
Property, Plant and Equipment, Gross 79.9M USD +22.9%
Operating Lease, Liability, Current 2.78M USD -70.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.36M USD -59.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.84M USD -13.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.36M USD -39.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.73M USD -26.6%
Deferred Tax Assets, Operating Loss Carryforwards 44.6M USD -44.5%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 18.2M USD +9.56%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.78M USD +3.01%
Deferred Tax Assets, Net of Valuation Allowance 1.5M USD -40.1%
Interest Expense 3.65M USD -18.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%