Upwork Inc. UPWK

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9.93 USD +0.21 (+2.16%)

At closeNov 3, 2026, 7:30 PM EST

9.96 +0.03 +0.30%

After hours · Nov 3, 7:30 PM ET

9.52 Day range 10.44
7.44 52-week range 22.84
YTD
-49.90%
1 year
-36.47%
Market cap
1.24B
Revenue (ttm)
787.28M
Profit margin
12.93%
EPS (ttm)
0.77
Shares out
124.90M
P/E ratio
12.90
Forward P/E
7.68
YTD return
-49.90%
1-year return
-36.47%
Volume
8.96M
Avg volume
3.08M
Open
9.59
Previous close
9.72
Day's range
9.52 – 10.44
52-week range
7.44 – 22.84
Beta
1.00
Analysts
Buy
Price target
10.36 (+4.3%)
Earnings date
Feb 17, 2027

5m +0.84 (+9.24%)

99.501010.50Oct 28Oct 29Oct 30Nov 2Nov 39.93

Key statistics

Enterprise value
978.20M
PEG ratio
0.85
Price / sales
1.58
Price / book
2.06
Dividend yield
0.00%
Payout ratio
0.00%
Revenue growth
-1.70%
Free cash flow
156.38M
Total cash
614.24M
Total debt
379.41M
Return on equity
16.70%
Short % of float
23.35%
50-day average
8.66
200-day average
10.56

Financials — quick view

All financials
UPWK Revenue — quarterly 191.66M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
UPWK Net income — quarterly 25.40M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
UPWK EPS — quarterly 0.21
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

UPWK recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 17, 2027Dec 30, 20260.3207———
Nov 2, 2026Sep 30, 20260.31390.40+0.09+27.43%
Aug 10, 2026Jun 30, 20260.34240.41+0.07+19.74%
May 7, 2026Mar 31, 20260.250.24-0.01-4.00%
Feb 9, 2026Dec 31, 20250.230.12-0.11-47.83%
Nov 3, 2025Sep 30, 20250.250.21-0.04-16.00%

Upgrades / downgrades

UPWK analyst upgrades and downgrades
DateFirmActionFromTo
Nov 3, 2026UBSmainNeutralNeutral
Nov 3, 2026ScotiabankmainSector PerformSector Perform
Nov 3, 2026RBC CapitalreitSector PerformSector Perform
Nov 3, 2026BTIGreitNeutralNeutral
Nov 3, 2026NeedhammainBuyBuy
Aug 14, 2026UBSmainNeutralNeutral

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.

Sector
Communication Services
Industry
Internet Content & Information
Country
United States
Website
upwork.com

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Insider holders

UPWK insider holders
InsiderRelationLatest transactionDateShares held
BROWN HAYDEN LARSONChief Executive OfficerSaleSep 17, 2026793,593
GESSERT ERICAChief Financial OfficerSaleSep 17, 2026373,586
HARVEY KEVIN RDirectorStock Award(Grant)Jun 3, 20262,712,520
KAPPUS ANTHONY RAYChief Operating OfficerSaleOct 18, 202677,196
KELMAN GLENNDirectorStock Award(Grant)Jun 3, 202666,422
LAYTON THOMAS HDirectorStock Award(Grant)Jun 3, 20261,691,430

Institution ownership

UPWK institution ownership
Holder% heldSharesValueReported
Blackrock Inc.15.42%19,259,723191.25MJun 29, 2026
Vanguard Portfolio Management LLC6.32%7,898,74578.43MJun 29, 2026
Ancient Art, L.P.5.79%7,228,53071.78MJun 29, 2026
LSV Asset Management5.11%6,381,62863.37MJun 29, 2026
Vanguard Capital Management LLC4.25%5,313,76752.77MJun 29, 2026
State Street Corporation4.16%5,195,25951.59MJun 29, 2026

Fund ownership

UPWK fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Small-Cap ETF5.95%7,432,38273.80MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund2.95%3,687,20836.61MJun 29, 2026
iShares Trust-iShares Russell 2000 ETF2.52%3,141,79831.20MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.15%2,688,73726.70MJun 29, 2026
NORTHERN LIGHTS FUND TRUST II-Invenomic Fund1.26%1,569,06015.58MJul 30, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Growth Index Fund1.24%1,543,61415.33MJun 29, 2026