UPWK
UPWK
NASDAQ · Professional Services

Upwork Inc

$11.28
-0.14 (-1.23%)
As of Mar 24, 1:35 PM ET ·
Financial Highlights (FY 2026)
Revenue
725.85M
Net Income
106.35M
Gross Margin
77.8%
Profit Margin
14.7%
Rev Growth
+8.4%
D/E Ratio
0.57
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 77.8% 77.8% 36.1% 36.1%
Operating Margin 16.4% 14.8% 12.9% 12.4%
Profit Margin 14.7% 13.9% 11.1% 9.9%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 725.85M 669.54M 803.50M 927.50M
Gross Profit 564.85M 521.04M 290.04M 334.80M
Operating Income 119.11M 98.88M 103.28M 114.83M
Net Income 106.35M 88.29M 89.23M 91.96M
Gross Margin 77.8% 77.8% 36.1% 36.1%
Operating Margin 16.4% 14.8% 12.9% 12.4%
Profit Margin 14.7% 13.9% 11.1% 9.9%
Rev Growth +8.4% +8.4% -6.7% -8.0%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 315.54M 315.54M 650.80M 706.12M
Total Equity 552.80M 552.80M 1.13B 1.22B
D/E Ratio 0.57 0.57 0.58 0.58
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA 149.82M 131.29M 124.38M 151.81M
Free Cash Flow 97.87M 80.88M