Upwork Financial Statements From 2010 to 2024

UPWK Stock  USD 17.39  0.07  0.40%   
Upwork financial statements provide useful quarterly and yearly information to potential Upwork Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Upwork financial statements helps investors assess Upwork's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Upwork's valuation are summarized below:
Gross Profit
457.9 M
Profit Margin
0.1126
Market Capitalization
2.3 B
Enterprise Value Revenue
2.7472
Revenue
761.8 M
There are currently one hundred twenty fundamental trend indicators for Upwork Inc that can be evaluated and compared over time across competition. We recommend to double-check Upwork's current fundamental drivers against the all of the trends between 2010 and 2024. Market Cap is expected to rise to about 1.8 B this year. Enterprise Value is expected to rise to about 1.9 B this year

Upwork Total Revenue

426.91 Million

Check Upwork financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Upwork's main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Interest Income of 1.4 M or Depreciation And Amortization of 11.5 M, as well as many indicators such as Price To Sales Ratio of 2.76, Dividend Yield of 0.0 or PTB Ratio of 5.52. Upwork financial statements analysis is a perfect complement when working with Upwork Valuation or Volatility modules.
  
Check out the analysis of Upwork Correlation against competitors.

Upwork Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets700 MB485.9 M
Slightly volatile
Short and Long Term Debt Total230.9 M367.9 M134.2 M
Slightly volatile
Other Current Liabilities169.6 M251.7 M126.1 M
Slightly volatile
Total Current Liabilities199.4 M293 M144.1 M
Slightly volatile
Other Liabilities5.8 M9.5 M4.1 M
Slightly volatile
Property Plant And Equipment Net27.7 M31.5 M16.3 M
Slightly volatile
Current Deferred Revenue13.3 M17.4 M7.6 M
Slightly volatile
Accounts Payable3.8 M5.1 M2.2 M
Slightly volatile
Cash98.6 M79.6 M65.3 M
Slightly volatile
Non Current Assets Total163.5 M154.2 M143.3 M
Slightly volatile
Non Currrent Assets Other1.2 M1.4 M958.3 K
Slightly volatile
Other Assets1.1 M1.7 M970.7 K
Slightly volatile
Long Term Debt213.3 M356.1 M123.2 M
Slightly volatile
Cash And Short Term Investments330.4 M550.1 M193.2 M
Slightly volatile
Net Receivables53.7 M103.1 M39.7 M
Slightly volatile
Good Will94.6 M106.4 M115.9 M
Slightly volatile
Common Stock Total Equity10.4 K14.9 K7.3 K
Slightly volatile
Common Stock Shares Outstanding119.3 M137.3 M104.2 M
Slightly volatile
Short Term Investments245.8 M470.5 M136.3 M
Slightly volatile
Liabilities And Stockholders Equity700 MB485.9 M
Slightly volatile
Non Current Liabilities Total276.4 M363.5 M230.2 M
Slightly volatile
Other Current Assets152.2 M230.2 M109.5 M
Slightly volatile
Other Stockholder Equity425.5 M674.9 M246.7 M
Slightly volatile
Total Liabilities475.8 M656.5 M374.3 M
Slightly volatile
Property Plant And Equipment Gross76 M72.4 M19.7 M
Slightly volatile
Short and Long Term Debt7.5 M8.7 M5.6 M
Slightly volatile
Preferred Stock Total Equity138.1 M149.8 M169.2 M
Slightly volatile
Total Current Assets536.5 M883.4 M342.5 M
Slightly volatile
Non Current Liabilities Other1.2 M1.3 M4.8 M
Slightly volatile
Short Term Debt7.8 M5.7 M5.5 M
Slightly volatile
Intangible Assets4.4 M2.7 M7.4 M
Slightly volatile
Common Stock11 K14 K7.3 K
Slightly volatile
Property Plant Equipment20.7 M25.4 M12.9 M
Slightly volatile
Deferred Long Term Liabilities80 K90 K98 K
Slightly volatile
Net Invested Capital507.4 M737.2 M250.2 M
Slightly volatile
Net Working Capital380.4 M590.4 M200.5 M
Slightly volatile
Long Term Debt Total681.3 M648.9 M175.6 M
Slightly volatile
Capital Surpluse531.6 M681.8 M448.5 M
Slightly volatile
Capital Stock13.6 K14 K11.7 K
Slightly volatile
Capital Lease Obligations16.2 M11.8 M22.5 M
Slightly volatile
Inventory195 M185.7 M36.1 M
Slightly volatile

Upwork Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income1.4 M1.5 M1.1 M
Slightly volatile
Depreciation And Amortization11.5 M12.7 M9.7 M
Slightly volatile
Interest Expense1.9 M1000 K1.4 M
Slightly volatile
Selling General Administrative84.8 M118.9 M61 M
Slightly volatile
Selling And Marketing Expenses143.5 M220.7 M94.1 M
Slightly volatile
Total Revenue426.9 M689.1 M301.2 M
Slightly volatile
Gross Profit307.5 M518.7 M210.4 M
Slightly volatile
Other Operating Expenses458.3 M700.4 M324.3 M
Slightly volatile
Research Development101.4 M177.4 M71.1 M
Slightly volatile
Cost Of Revenue119.4 M170.4 M90.9 M
Slightly volatile
Total Operating Expenses338.9 M529.9 M233.5 M
Slightly volatile
Reconciled Depreciation11.2 M12.7 M7.5 M
Slightly volatile

Upwork Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation37.4 M74.2 M23.5 M
Slightly volatile
Begin Period Cash Flow183.9 M295.2 M109.2 M
Slightly volatile
Depreciation11 M12.7 M9.4 M
Slightly volatile
Capital Expenditures9.9 M16.4 M5.8 M
Slightly volatile
End Period Cash Flow208.2 M296.4 M125.7 M
Slightly volatile
Change To Netincome92.1 M87.7 M31.8 M
Slightly volatile
Cash Flows Other Operating21.7 M37.6 M18.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.762.90818.7758
Slightly volatile
Days Sales Outstanding50.5754.586150.3671
Slightly volatile
Stock Based Compensation To Revenue0.05860.10770.0607
Slightly volatile
Capex To Depreciation0.711.28570.5635
Slightly volatile
EV To Sales3.163.32648.8655
Slightly volatile
Inventory Turnover0.790.890.973
Slightly volatile
Days Of Inventory On Hand34733169.6834
Slightly volatile
Payables Turnover31.9833.6658109
Slightly volatile
Sales General And Administrative To Revenue0.220.17260.2081
Slightly volatile
Average Inventory76.3 M72.7 M31.5 M
Slightly volatile
Research And Ddevelopement To Revenue0.180.25740.2279
Pretty Stable
Capex To Revenue0.01870.02370.0158
Slightly volatile
Cash Per Share4.294.08161.7568
Slightly volatile
Days Payables Outstanding8.0810.84196.7884
Slightly volatile
Intangibles To Total Assets0.110.11690.3571
Slightly volatile
Current Ratio1.93.01491.9447
Slightly volatile
Receivables Turnover6.616.68677.4442
Slightly volatile
Graham Number2.884.70452.5469
Slightly volatile
Capex Per Share0.06730.12130.0529
Slightly volatile
Revenue Per Share2.835.11332.7648
Slightly volatile
Interest Debt Per Share2.782.64951.1102
Slightly volatile
Debt To Assets0.360.34320.1644
Slightly volatile
Operating Cycle73.5154.586176.3898
Slightly volatile
Days Of Payables Outstanding8.0810.84196.7884
Slightly volatile
Quick Ratio1.843.01491.8972
Slightly volatile
Net Income Per E B T1.10.95931.0047
Slightly volatile
Cash Ratio0.390.27180.4149
Slightly volatile
Cash Conversion Cycle65.4343.744369.6015
Pretty Stable
Days Of Inventory Outstanding34733169.6834
Slightly volatile
Days Of Sales Outstanding50.5754.586150.3671
Slightly volatile
Fixed Asset Turnover29.8921.896141.7351
Slightly volatile
Debt Ratio0.360.34320.1644
Slightly volatile
Price Sales Ratio2.762.90818.7758
Slightly volatile
Asset Turnover0.70.66420.6517
Pretty Stable
Gross Profit Margin0.560.75270.6602
Slightly volatile

Upwork Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.8 B1.2 B2.1 B
Very volatile
Enterprise Value1.9 B1.6 B2.2 B
Pretty Stable

Upwork Fundamental Market Drivers

Forward Price Earnings14.2857
Cash And Short Term Investments550.1 M

Upwork Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Upwork Financial Statements

Upwork investors utilize fundamental indicators, such as revenue or net income, to predict how Upwork Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue17.4 M13.3 M
Total Revenue689.1 M426.9 M
Cost Of Revenue170.4 M119.4 M
Stock Based Compensation To Revenue 0.11  0.06 
Sales General And Administrative To Revenue 0.17  0.22 
Research And Ddevelopement To Revenue 0.26  0.18 
Capex To Revenue 0.02  0.02 
Revenue Per Share 5.11  2.83 
Ebit Per Revenue(0.02)(0.02)

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When determining whether Upwork Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Upwork Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Upwork Inc Stock. Highlighted below are key reports to facilitate an investment decision about Upwork Inc Stock:
Check out the analysis of Upwork Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Upwork. If investors know Upwork will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Upwork listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.7
Earnings Share
0.62
Revenue Per Share
5.676
Quarterly Revenue Growth
0.103
Return On Assets
0.0371
The market value of Upwork Inc is measured differently than its book value, which is the value of Upwork that is recorded on the company's balance sheet. Investors also form their own opinion of Upwork's value that differs from its market value or its book value, called intrinsic value, which is Upwork's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Upwork's market value can be influenced by many factors that don't directly affect Upwork's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Upwork's value and its price as these two are different measures arrived at by different means. Investors typically determine if Upwork is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Upwork's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.