Listed

Upwork, Inc

UPWKNasdaqCIK 1627475TechnologyFiscal year ends Dec 31

Latest reported revenue, Q2 FY2026$191.7mRevenue, Q2 FY2026, three months to 2026-06-30$191.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figureThree months to Jun 30, 2026, from the 10-Q filed Aug 10, 2026.

Latest quarter: Q2 FY2026

Three months to Jun 30, 2026, against the same quarter a year earlier.

  • Revenue$191.7mRevenue, Q2 FY2026, three months to 2026-06-30$191.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure−1.7% on a year earlier
  • Gross margin76.4%Gross margin, Q2 FY2026, three months to 2026-06-30. gross profit / revenueGross profit: $146.4m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Revenue: $191.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure−1.3 pts on a year earlier
  • Operating margin14.7%Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $28.1m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Revenue: $191.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure−2.0 pts on a year earlier
  • Net margin13.3%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: $25.4m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Revenue: $191.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure−3.5 pts on a year earlier
  • Diluted EPS$0.20Diluted EPS, Q2 FY2026, three months to 2026-06-30$0.20 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure−16.7% on a year earlier
  • Free cash flow$45.3mFree cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: $46.9m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-10, accession 0001627475-26-000047. Derived: 6-month figure less the 3-month figure.Capital expenditure: $1.6m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-10, accession 0001627475-26-000047. Derived: 6-month figure less the 3-month figure.Report this figure−35.5% on a year earlier

Last eight quarters

Full statements
Revenue$191.7mGross margin 76.4%
Diluted EPS$0.20, Q2 FY2026
Free cash flow$45.3m, Q2 FY2026
Line itemUnitQ3 FY20242024-09-30Q4 FY20242024-12-31Q1 FY20252025-03-31Q2 FY20252025-06-30Q3 FY20252025-09-30Q4 FY20252025-12-31Q1 FY20262026-03-31Q2 FY20262026-06-30
Revenue$m194Revenue, Q3 FY2024, three months to 2024-09-30$193.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Report this figure191Revenue, Q4 FY2024, three months to 2024-12-31$191.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Report this figure193Revenue, Q1 FY2025, three months to 2025-03-31$192.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure195Revenue, Q2 FY2025, three months to 2025-06-30$194.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure202Revenue, Q3 FY2025, three months to 2025-09-30$201.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Report this figure198Revenue, Q4 FY2025, three months to 2025-12-31$198.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Report this figure195Revenue, Q1 FY2026, three months to 2026-03-31$195.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure192Revenue, Q2 FY2026, three months to 2026-06-30$191.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure
Gross margin%77.6%Gross margin, Q3 FY2024, three months to 2024-09-30. gross profit / revenueGross profit: $150.4m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Revenue: $193.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Report this figure77.7%Gross margin, Q4 FY2024, three months to 2024-12-31. gross profit / revenueGross profit: $148.8m. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Revenue: $191.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Report this figure78.3%Gross margin, Q1 FY2025, three months to 2025-03-31. gross profit / revenueGross profit: $150.9m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Revenue: $192.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure77.7%Gross margin, Q2 FY2025, three months to 2025-06-30. gross profit / revenueGross profit: $151.5m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Revenue: $194.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure77.3%Gross margin, Q3 FY2025, three months to 2025-09-30. gross profit / revenueGross profit: $155.9m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Revenue: $201.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Report this figure78.0%Gross margin, Q4 FY2025, three months to 2025-12-31. gross profit / revenueGross profit: $154.7m. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Revenue: $198.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Report this figure77.2%Gross margin, Q1 FY2026, three months to 2026-03-31. gross profit / revenueGross profit: $150.8m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Revenue: $195.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure76.4%Gross margin, Q2 FY2026, three months to 2026-06-30. gross profit / revenueGross profit: $146.4m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Revenue: $191.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure
Operating margin%10.7%Operating margin, Q3 FY2024, three months to 2024-09-30. operating income / revenueOperating income: $20.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Revenue: $193.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Report this figure7.1%Operating margin, Q4 FY2024, three months to 2024-12-31. operating income / revenueOperating income: $13.6m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Revenue: $191.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Report this figure20.1%Operating margin, Q1 FY2025, three months to 2025-03-31. operating income / revenueOperating income: $38.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Revenue: $192.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure16.7%Operating margin, Q2 FY2025, three months to 2025-06-30. operating income / revenueOperating income: $32.6m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Revenue: $194.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure14.8%Operating margin, Q3 FY2025, three months to 2025-09-30. operating income / revenueOperating income: $29.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Revenue: $201.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Report this figure14.3%Operating margin, Q4 FY2025, three months to 2025-12-31. operating income / revenueOperating income: $28.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Revenue: $198.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Report this figure16.7%Operating margin, Q1 FY2026, three months to 2026-03-31. operating income / revenueOperating income: $32.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Revenue: $195.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure14.7%Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $28.1m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Revenue: $191.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure
Net margin%14.3%Net margin, Q3 FY2024, three months to 2024-09-30. net income / revenueNet income: $27.8m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Revenue: $193.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Report this figure76.9%Net margin, Q4 FY2024, three months to 2024-12-31. net income / revenueNet income: $147.2m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Revenue: $191.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Report this figure19.6%Net margin, Q1 FY2025, three months to 2025-03-31. net income / revenueNet income: $37.7m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Revenue: $192.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure16.8%Net margin, Q2 FY2025, three months to 2025-06-30. net income / revenueNet income: $32.7m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Revenue: $194.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure14.5%Net margin, Q3 FY2025, three months to 2025-09-30. net income / revenueNet income: $29.3m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Revenue: $201.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Report this figure7.9%Net margin, Q4 FY2025, three months to 2025-12-31. net income / revenueNet income: $15.6m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Revenue: $198.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Report this figure16.1%Net margin, Q1 FY2026, three months to 2026-03-31. net income / revenueNet income: $31.5m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Revenue: $195.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure13.3%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: $25.4m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Revenue: $191.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure
Diluted EPS$ per share0.20Diluted EPS, Q3 FY2024, three months to 2024-09-30$0.20 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Report this figurenot reported0.27Diluted EPS, Q1 FY2025, three months to 2025-03-31$0.27 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure0.24Diluted EPS, Q2 FY2025, three months to 2025-06-30$0.24 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure0.21Diluted EPS, Q3 FY2025, three months to 2025-09-30$0.21 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-04, accession 0001627475-25-000058.Report this figurenot reported0.24Diluted EPS, Q1 FY2026, three months to 2026-03-31$0.24 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure0.20Diluted EPS, Q2 FY2026, three months to 2026-06-30$0.20 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-10, accession 0001627475-26-000047.Report this figure
Free cash flow$m59.8Free cash flow, Q3 FY2024, three months to 2024-09-30. operating cash flow − capital expenditureOperating cash flow: $61.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-11-04, accession 0001627475-25-000058. Derived: 9-month figure less the 6-month figure.Capital expenditure: $1.2m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2025-11-04, accession 0001627475-25-000058. Derived: 9-month figure less the 6-month figure.Report this figure37.0Free cash flow, Q4 FY2024, three months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: $38.6m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Capital expenditure: $1.5m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Report this figure34.5Free cash flow, Q1 FY2025, three months to 2025-03-31. operating cash flow − capital expenditureOperating cash flow: $37.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Capital expenditure: $2.5m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure70.1Free cash flow, Q2 FY2025, three months to 2025-06-30. operating cash flow − capital expenditureOperating cash flow: $72.5m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-10, accession 0001627475-26-000047. Derived: 6-month figure less the 3-month figure.Capital expenditure: $2.4m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-10, accession 0001627475-26-000047. Derived: 6-month figure less the 3-month figure.Report this figure74.6Free cash flow, Q3 FY2025, three months to 2025-09-30. operating cash flow − capital expenditureOperating cash flow: $75.1m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-11-04, accession 0001627475-25-000058. Derived: 9-month figure less the 6-month figure.Capital expenditure: $482.0k. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2025-11-04, accession 0001627475-25-000058. Derived: 9-month figure less the 6-month figure.Report this figure63.2Free cash flow, Q4 FY2025, three months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: $63.7m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Capital expenditure: $455.0k. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-13, accession 0001627475-26-000012. Derived: 12-month figure less the 9-month figure.Report this figure21.3Free cash flow, Q1 FY2026, three months to 2026-03-31. operating cash flow − capital expenditureOperating cash flow: $23.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Capital expenditure: $1.7m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-05-07, accession 0001627475-26-000034.Report this figure45.3Free cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: $46.9m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-10, accession 0001627475-26-000047. Derived: 6-month figure less the 3-month figure.Capital expenditure: $1.6m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-10, accession 0001627475-26-000047. Derived: 6-month figure less the 3-month figure.Report this figure

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Last five fiscal years

Revenue$787.8mGross margin 77.8%
Diluted EPS$0.84, FY2025
Free cash flow$242.5m, FY2025
Line itemUnitFY20212021-12-31FY20222022-12-31FY20232023-12-31FY20242024-12-31FY20252025-12-31
Revenue$m503Revenue, FY2021, twelve months to 2021-12-31$502.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-15, accession 0001627475-24-000012.Report this figure618Revenue, FY2022, twelve months to 2022-12-31$618.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-13, accession 0001627475-25-000011.Report this figure689Revenue, FY2023, twelve months to 2023-12-31$689.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure769Revenue, FY2024, twelve months to 2024-12-31$769.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure788Revenue, FY2025, twelve months to 2025-12-31$787.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure
Gross margin%73.0%Gross margin, FY2021, twelve months to 2021-12-31. gross profit / revenueGross profit: $367.3m. XBRL concept us-gaap:GrossProfit. 10-K filed 2024-02-15, accession 0001627475-24-000012.Revenue: $502.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-15, accession 0001627475-24-000012.Report this figure74.1%Gross margin, FY2022, twelve months to 2022-12-31. gross profit / revenueGross profit: $457.9m. XBRL concept us-gaap:GrossProfit. 10-K filed 2025-02-13, accession 0001627475-25-000011.Revenue: $618.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-13, accession 0001627475-25-000011.Report this figure75.3%Gross margin, FY2023, twelve months to 2023-12-31. gross profit / revenueGross profit: $518.7m. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-02-13, accession 0001627475-26-000012.Revenue: $689.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure77.4%Gross margin, FY2024, twelve months to 2024-12-31. gross profit / revenueGross profit: $595.2m. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-02-13, accession 0001627475-26-000012.Revenue: $769.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure77.8%Gross margin, FY2025, twelve months to 2025-12-31. gross profit / revenueGross profit: $613.0m. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-02-13, accession 0001627475-26-000012.Revenue: $787.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure
Operating margin%(10.8%)Operating margin, FY2021, twelve months to 2021-12-31. operating income / revenueOperating income: −$54.2m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2024-02-15, accession 0001627475-24-000012.Revenue: $502.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-15, accession 0001627475-24-000012.Report this figure(15.0%)Operating margin, FY2022, twelve months to 2022-12-31. operating income / revenueOperating income: −$92.6m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2025-02-13, accession 0001627475-25-000011.Revenue: $618.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-13, accession 0001627475-25-000011.Report this figure(1.6%)Operating margin, FY2023, twelve months to 2023-12-31. operating income / revenueOperating income: −$11.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-13, accession 0001627475-26-000012.Revenue: $689.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure8.5%Operating margin, FY2024, twelve months to 2024-12-31. operating income / revenueOperating income: $65.2m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-13, accession 0001627475-26-000012.Revenue: $769.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure16.4%Operating margin, FY2025, twelve months to 2025-12-31. operating income / revenueOperating income: $129.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-13, accession 0001627475-26-000012.Revenue: $787.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure
Net margin%(11.2%)Net margin, FY2021, twelve months to 2021-12-31. net income / revenueNet income: −$56.2m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-02-15, accession 0001627475-24-000012.Revenue: $502.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-15, accession 0001627475-24-000012.Report this figure(14.5%)Net margin, FY2022, twelve months to 2022-12-31. net income / revenueNet income: −$89.9m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-02-13, accession 0001627475-25-000011.Revenue: $618.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-13, accession 0001627475-25-000011.Report this figure6.8%Net margin, FY2023, twelve months to 2023-12-31. net income / revenueNet income: $46.9m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-13, accession 0001627475-26-000012.Revenue: $689.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure28.0%Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: $215.6m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-13, accession 0001627475-26-000012.Revenue: $769.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure14.7%Net margin, FY2025, twelve months to 2025-12-31. net income / revenueNet income: $115.4m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-13, accession 0001627475-26-000012.Revenue: $787.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure
Diluted EPS$ per share(0.44)Diluted EPS, FY2021, twelve months to 2021-12-31−$0.44 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2024-02-15, accession 0001627475-24-000012.Report this figure(0.69)Diluted EPS, FY2022, twelve months to 2022-12-31−$0.69 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2025-02-13, accession 0001627475-25-000011.Report this figure0.06Diluted EPS, FY2023, twelve months to 2023-12-31$0.06 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure1.52Diluted EPS, FY2024, twelve months to 2024-12-31$1.52 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure0.84Diluted EPS, FY2025, twelve months to 2025-12-31$0.84 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure
Free cash flow$m9.8Free cash flow, FY2021, twelve months to 2021-12-31. operating cash flow − capital expenditureOperating cash flow: $10.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2024-02-15, accession 0001627475-24-000012.Capital expenditure: $1.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2024-02-15, accession 0001627475-24-000012.Report this figure10.2Free cash flow, FY2022, twelve months to 2022-12-31. operating cash flow − capital expenditureOperating cash flow: $11.5m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2025-02-13, accession 0001627475-25-000011.Capital expenditure: $1.2m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2025-02-13, accession 0001627475-25-000011.Report this figure52.0Free cash flow, FY2023, twelve months to 2023-12-31. operating cash flow − capital expenditureOperating cash flow: $52.7m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-13, accession 0001627475-26-000012.Capital expenditure: $692.0k. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure150Free cash flow, FY2024, twelve months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: $153.6m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-13, accession 0001627475-26-000012.Capital expenditure: $3.5m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure242Free cash flow, FY2025, twelve months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: $248.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-13, accession 0001627475-26-000012.Capital expenditure: $5.8m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-13, accession 0001627475-26-000012.Report this figure

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Insider purchases and sales

All insider transactions

The last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.

No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.

No open-market purchases or sales by insiders are in coverage for this company.

Funds that report holding it

All funds

From each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.

FundQuarter endedReported valueSharesPut or callChange on the quarter before
BlackRock, Inc.2026-06-30$161.0m19,259,723Added+403,601
VANGUARD PORTFOLIO MANAGEMENT LLC2026-06-30$66.0m7,898,745Added+124,397
Ancient Art, L.P.2026-06-30$60.4m7,228,530Added+1,268,621
VANGUARD CAPITAL MANAGEMENT LLC2026-06-30$44.4m5,313,767Reduced−298,931
STATE STREET CORP2026-06-30$43.4m5,195,259Added+69,917
Capital International Investors2026-06-30$40.6m4,857,612Added+134,054
DIMENSIONAL FUND ADVISORS LP2026-06-30$39.7m4,743,484Added+1,027,868
GOLDMAN SACHS GROUP INC2026-06-30$35.7m4,270,252Added+1,719,424
GEODE CAPITAL MANAGEMENT, LLC2026-06-30$27.2m3,253,955Added+110,675
RICE HALL JAMES & ASSOCIATES, LLC2026-06-30$23.2m2,776,805Added+1,468,638

Recent filings

All 745 filings

Reports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.

FiledFormWhat it isAccession number
2026-08-1016:50 ET10-QQuarterly reportPeriod 2026-06-300001627475-26-000047
2026-08-1016:45 ET8-K2.02 Results of operations; 9.01 Financial statements and exhibits0001627475-26-000046
2026-07-1616:22 ET8-K5.02 Departure or appointment of officers or directors0001627475-26-000042
2026-06-2316:45 ET8-K1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits0001627475-26-000039
2026-06-0509:27 ET8-K5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results0001627475-26-000036
2026-05-0716:36 ET10-QQuarterly reportPeriod 2026-03-310001627475-26-000034
2026-05-0716:32 ET8-K2.02 Results of operations; 2.05 Exit or disposal costs; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits0001627475-26-000033
2026-04-2309:02 ETDEF 14AProxy statementPeriod 2026-06-040001627475-26-000026
2026-03-1816:05 ET8-K5.02 Departure or appointment of officers or directors0001627475-26-000018
2026-02-1807:11 ET8-K8.01 Other events0001627475-26-000015

Latest annual report

Form 10-K for the fiscal year ended Dec 31, 2025Filed Feb 13, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.

Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by [object Promise].Forecast this quarter

About the filer

CIK
1627475
Tickers
UPWK
Exchange
Nasdaq
SIC code
7374 Services-Computer Processing & Data Preparation
Sector
Technology
Fiscal year ends
Dec 31
Incorporated in
DE
Filer category
Large accelerated filer
Former names
Upwork Inc. (to 2021-04-20)

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 12:36 ET. Listed shows no prices and gives no investment advice.