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Upwork (UPWK)

Watchlist
  • 10.630
  • +0.150+1.43%
Close Apr 24 16:00 ET
  • 10.650
  • +0.020+0.19%
Post 20:01 ET
1.31BMarket Cap12.65P/E (TTM)

Upwork (UPWK) Balance Sheet

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(FY)Dec 31, 2025
(Q4)Dec 31, 2025
(Q3)Sep 30, 2025
(Q2)Jun 30, 2025
(Q1)Mar 31, 2025
(FY)Dec 31, 2024
(Q4)Dec 31, 2024
(Q3)Sep 30, 2024
(Q2)Jun 30, 2024
(Q1)Mar 31, 2024
Assets
Current assets
Cash, cash equivalents and short term investments
8.15%672.78M
8.15%672.78M
6.97%643.1M
27.49%634.58M
26.80%622.07M
13.09%622.1M
13.09%622.1M
8.27%601.18M
-3.66%497.74M
-3.73%490.61M
-Cash and cash equivalents
-3.73%294.36M
-3.73%294.36M
-9.58%260.84M
59.23%291.07M
1,134.24%304.45M
283.92%305.76M
283.92%305.76M
96.47%288.46M
18.62%182.8M
-75.81%24.67M
-Short-term investments
19.62%378.43M
19.62%378.43M
22.24%382.26M
9.07%343.51M
-31.83%317.62M
-32.76%316.34M
-32.76%316.34M
-23.43%312.72M
-13.13%314.94M
14.30%465.94M
Receivables
0.99%76.24M
0.99%76.24M
10.06%76.43M
-38.87%71.23M
-31.89%77.92M
-26.75%75.49M
-26.75%75.49M
15.24%69.45M
75.73%116.52M
92.95%114.4M
-Accounts receivable
0.99%76.24M
0.99%76.24M
10.06%76.43M
-38.87%71.23M
-31.89%77.92M
-26.75%75.49M
-26.75%75.49M
15.24%69.45M
75.73%116.52M
92.95%114.4M
Restricted cash
-7.66%180.75M
-7.66%180.75M
-1.37%211.37M
-3.03%212.03M
-3.14%215.94M
-7.84%195.74M
-7.84%195.74M
20.41%214.3M
23.08%218.66M
24.25%222.94M
Other current assets
18.82%21.06M
18.82%21.06M
-6.77%18.05M
-7.04%21.14M
10.03%22.09M
-0.55%17.73M
-0.55%17.73M
17.06%19.36M
17.26%22.74M
3.04%20.07M
Total current assets
4.37%950.83M
4.37%950.83M
4.94%948.95M
9.74%938.98M
10.61%938.01M
3.13%911.05M
3.13%911.05M
11.64%904.29M
9.70%855.67M
10.45%848.02M
Non current assets
Net PPE
38.05%49.43M
38.05%49.43M
25.46%45.56M
41.27%43.48M
32.22%40.48M
13.77%35.81M
13.77%35.81M
14.10%36.32M
-0.27%30.78M
2.36%30.61M
-Gross PPE
30.90%104.93M
30.90%104.93M
11.75%96.46M
15.79%89.96M
17.61%87.38M
10.69%80.16M
10.69%80.16M
23.03%86.32M
15.18%77.69M
14.75%74.3M
-Accumulated depreciation
-25.13%-55.5M
-25.13%-55.5M
-1.80%-50.9M
0.93%-46.48M
-7.38%-46.91M
-8.32%-44.36M
-8.32%-44.36M
-30.44%-50M
-28.21%-46.92M
-25.38%-43.68M
Goodwill and other intangible assets
39.01%186.35M
39.01%186.35M
58.34%190.13M
25.33%151M
9.40%132.24M
10.54%134.05M
10.54%134.05M
1.57%120.08M
1.91%120.48M
2.25%120.88M
-Goodwill
23.23%149.19M
23.23%149.19M
27.28%150.47M
19.67%141.47M
2.41%121.06M
2.41%121.06M
2.41%121.06M
0.00%118.22M
0.00%118.22M
0.00%118.22M
-Other intangible assets
186.10%37.16M
186.10%37.16M
2,033.19%39.66M
321.83%9.53M
320.71%11.17M
326.15%12.99M
326.15%12.99M
--1.86M
--2.26M
--2.66M
Non current deferred assets
-13.42%111.5M
-13.42%111.5M
--125.07M
--126.72M
--127.76M
--128.78M
--128.78M
----
----
----
Other non current assets
-23.55%1.47M
-23.55%1.47M
-23.76%1.51M
-6.14%1.54M
20.21%1.58M
34.20%1.92M
34.20%1.92M
43.15%1.97M
12.13%1.65M
-38.16%1.31M
Total non current assets
16.03%348.75M
16.03%348.75M
128.74%362.26M
111.08%322.73M
97.68%302.05M
94.95%300.56M
94.95%300.56M
4.59%158.37M
1.56%152.9M
1.70%152.8M
Total assets
7.26%1.3B
7.26%1.3B
23.39%1.31B
25.10%1.26B
23.91%1.24B
16.78%1.21B
16.78%1.21B
10.53%1.06B
8.38%1.01B
9.01%1B
Liabilities
Current liabilities
Payables
-2.31%208.33M
-2.31%208.33M
0.34%232.54M
-4.90%225.45M
-3.27%234.68M
-7.53%213.26M
-7.53%213.26M
19.85%231.75M
21.56%237.07M
23.97%242.62M
-accounts payable
28.23%7.86M
28.23%7.86M
52.01%8.51M
-82.48%1.03M
-30.44%4.12M
21.03%6.13M
21.03%6.13M
220.61%5.6M
40.33%5.86M
39.27%5.92M
-Total tax payable
73.03%19.72M
73.03%19.72M
6.82%12.65M
-1.33%12.39M
6.26%14.62M
-13.49%11.39M
-13.49%11.39M
-13.22%11.85M
-4.88%12.55M
14.29%13.76M
-Other payable
-7.66%180.75M
-7.66%180.75M
-1.37%211.37M
-3.03%212.03M
-3.14%215.94M
-7.84%195.74M
-7.84%195.74M
20.41%214.3M
23.08%218.66M
24.25%222.94M
Current accrued expenses
30.62%19.29M
30.62%19.29M
32.49%18.36M
28.90%18M
22.66%16.08M
19.56%14.76M
19.56%14.76M
5.21%13.86M
-12.17%13.96M
-31.79%13.11M
Current debt and capital lease obligation
22,156.28%361.44M
22,156.28%361.44M
12,903.24%360.97M
-56.77%1.65M
-66.73%1.64M
-71.44%1.62M
-71.44%1.62M
-56.43%2.78M
-42.18%3.81M
-24.88%4.92M
-Current debt
--359.77M
--359.77M
--359.31M
----
----
----
----
----
----
----
-Current capital lease obligation
2.96%1.67M
2.96%1.67M
-40.20%1.66M
-56.77%1.65M
-66.73%1.64M
-71.44%1.62M
-71.44%1.62M
-56.43%2.78M
-42.18%3.81M
-24.88%4.92M
Current deferred liabilities
6.82%7.77M
6.82%7.77M
-9.55%7.94M
-27.53%7.8M
-46.29%7.5M
-58.13%7.27M
-58.13%7.27M
-58.65%8.78M
-55.29%10.77M
-45.39%13.96M
Other current liabilities
75.23%1.49M
75.23%1.49M
85.07%1.23M
-3.18%823K
-0.16%638K
-23.45%852K
-23.45%852K
-46.88%663K
-53.75%850K
-64.74%639K
Current liabilities
142.21%650.17M
142.21%650.17M
132.20%660.48M
-1.92%279.62M
-5.11%274.7M
-8.39%268.43M
-8.39%268.43M
12.40%284.44M
11.92%285.1M
12.72%289.49M
Non current liabilities
Long term debt and capital lease obligation
-97.36%9.71M
-97.36%9.71M
-97.24%10.13M
2.03%369.2M
1.91%368.77M
1.47%367.5M
1.47%367.5M
1.14%366.69M
-0.42%361.84M
-0.70%361.86M
-Long term debt
----
----
----
0.52%358.85M
0.52%358.39M
0.52%357.93M
0.52%357.93M
0.52%357.47M
0.52%357.01M
0.52%356.55M
-Long term capital lease obligation
1.46%9.71M
1.46%9.71M
9.88%10.13M
114.08%10.35M
95.65%10.39M
57.15%9.57M
57.15%9.57M
33.01%9.22M
-41.17%4.84M
-45.35%5.31M
Other non current liabilities
2,948.70%9.39M
2,948.70%9.39M
3,355.96%12.48M
702.65%4.24M
278.19%2.25M
-76.09%308K
-76.09%308K
-87.45%361K
-90.46%528K
-92.43%596K
Total non current liabilities
-94.81%19.1M
-94.81%19.1M
-93.84%22.61M
3.05%373.44M
2.37%371.03M
1.19%367.8M
1.19%367.8M
0.44%367.05M
-1.78%362.37M
-2.64%362.45M
Total liabilities
5.19%669.27M
5.19%669.27M
4.85%683.08M
0.86%653.06M
-0.95%645.72M
-3.08%636.24M
-3.08%636.24M
5.33%651.49M
3.82%647.47M
3.63%651.94M
Shareholders'equity
Share capital
-7.14%13K
-7.14%13K
0.00%13K
0.00%13K
0.00%13K
0.00%14K
0.00%14K
-7.14%13K
0.00%13K
0.00%13K
-common stock
-7.14%13K
-7.14%13K
0.00%13K
0.00%13K
0.00%13K
0.00%14K
0.00%14K
-7.14%13K
0.00%13K
0.00%13K
Retained earnings
147.08%36.95M
147.08%36.95M
109.45%21.32M
96.84%-8.02M
85.22%-40.75M
73.31%-78.48M
73.31%-78.48M
27.55%-225.64M
22.69%-253.4M
14.87%-275.62M
Paid-in capital
-9.33%592.6M
-9.33%592.6M
-4.66%605.93M
0.15%615.94M
1.20%634.53M
-3.16%653.58M
-3.16%653.58M
-2.93%635.58M
-3.23%615.01M
2.14%627.01M
Less: Treasury stock
----
----
----
----
----
----
----
----
----
--2.14M
Gains losses not affecting retained earnings
185.61%754K
185.61%754K
-29.05%867K
236.86%724K
241.97%548K
28.78%264K
28.78%264K
410.94%1.22M
38.84%-529K
66.78%-386K
Total stockholders'equity
9.55%630.32M
9.55%630.32M
52.77%628.13M
68.56%608.65M
70.36%594.34M
50.99%575.38M
50.99%575.38M
19.90%411.17M
17.65%361.1M
20.74%348.88M
Total equity
9.55%630.32M
9.55%630.32M
52.77%628.13M
68.56%608.65M
70.36%594.34M
50.99%575.38M
50.99%575.38M
19.90%411.17M
17.65%361.1M
20.74%348.88M
Currency Unit
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
Unqualified Opinion
--
--
--
--
Unqualified Opinion
--
--
--
--
(FY)Dec 31, 2025(Q4)Dec 31, 2025(Q3)Sep 30, 2025(Q2)Jun 30, 2025(Q1)Mar 31, 2025(FY)Dec 31, 2024(Q4)Dec 31, 2024(Q3)Sep 30, 2024(Q2)Jun 30, 2024(Q1)Mar 31, 2024
Assets
Current assets
Cash, cash equivalents and short term investments 8.15%672.78M8.15%672.78M6.97%643.1M27.49%634.58M26.80%622.07M13.09%622.1M13.09%622.1M8.27%601.18M-3.66%497.74M-3.73%490.61M
-Cash and cash equivalents -3.73%294.36M-3.73%294.36M-9.58%260.84M59.23%291.07M1,134.24%304.45M283.92%305.76M283.92%305.76M96.47%288.46M18.62%182.8M-75.81%24.67M
-Short-term investments 19.62%378.43M19.62%378.43M22.24%382.26M9.07%343.51M-31.83%317.62M-32.76%316.34M-32.76%316.34M-23.43%312.72M-13.13%314.94M14.30%465.94M
Receivables 0.99%76.24M0.99%76.24M10.06%76.43M-38.87%71.23M-31.89%77.92M-26.75%75.49M-26.75%75.49M15.24%69.45M75.73%116.52M92.95%114.4M
-Accounts receivable 0.99%76.24M0.99%76.24M10.06%76.43M-38.87%71.23M-31.89%77.92M-26.75%75.49M-26.75%75.49M15.24%69.45M75.73%116.52M92.95%114.4M
Restricted cash -7.66%180.75M-7.66%180.75M-1.37%211.37M-3.03%212.03M-3.14%215.94M-7.84%195.74M-7.84%195.74M20.41%214.3M23.08%218.66M24.25%222.94M
Other current assets 18.82%21.06M18.82%21.06M-6.77%18.05M-7.04%21.14M10.03%22.09M-0.55%17.73M-0.55%17.73M17.06%19.36M17.26%22.74M3.04%20.07M
Total current assets 4.37%950.83M4.37%950.83M4.94%948.95M9.74%938.98M10.61%938.01M3.13%911.05M3.13%911.05M11.64%904.29M9.70%855.67M10.45%848.02M
Non current assets
Net PPE 38.05%49.43M38.05%49.43M25.46%45.56M41.27%43.48M32.22%40.48M13.77%35.81M13.77%35.81M14.10%36.32M-0.27%30.78M2.36%30.61M
-Gross PPE 30.90%104.93M30.90%104.93M11.75%96.46M15.79%89.96M17.61%87.38M10.69%80.16M10.69%80.16M23.03%86.32M15.18%77.69M14.75%74.3M
-Accumulated depreciation -25.13%-55.5M-25.13%-55.5M-1.80%-50.9M0.93%-46.48M-7.38%-46.91M-8.32%-44.36M-8.32%-44.36M-30.44%-50M-28.21%-46.92M-25.38%-43.68M
Goodwill and other intangible assets 39.01%186.35M39.01%186.35M58.34%190.13M25.33%151M9.40%132.24M10.54%134.05M10.54%134.05M1.57%120.08M1.91%120.48M2.25%120.88M
-Goodwill 23.23%149.19M23.23%149.19M27.28%150.47M19.67%141.47M2.41%121.06M2.41%121.06M2.41%121.06M0.00%118.22M0.00%118.22M0.00%118.22M
-Other intangible assets 186.10%37.16M186.10%37.16M2,033.19%39.66M321.83%9.53M320.71%11.17M326.15%12.99M326.15%12.99M--1.86M--2.26M--2.66M
Non current deferred assets -13.42%111.5M-13.42%111.5M--125.07M--126.72M--127.76M--128.78M--128.78M------------
Other non current assets -23.55%1.47M-23.55%1.47M-23.76%1.51M-6.14%1.54M20.21%1.58M34.20%1.92M34.20%1.92M43.15%1.97M12.13%1.65M-38.16%1.31M
Total non current assets 16.03%348.75M16.03%348.75M128.74%362.26M111.08%322.73M97.68%302.05M94.95%300.56M94.95%300.56M4.59%158.37M1.56%152.9M1.70%152.8M
Total assets 7.26%1.3B7.26%1.3B23.39%1.31B25.10%1.26B23.91%1.24B16.78%1.21B16.78%1.21B10.53%1.06B8.38%1.01B9.01%1B
Liabilities
Current liabilities
Payables -2.31%208.33M-2.31%208.33M0.34%232.54M-4.90%225.45M-3.27%234.68M-7.53%213.26M-7.53%213.26M19.85%231.75M21.56%237.07M23.97%242.62M
-accounts payable 28.23%7.86M28.23%7.86M52.01%8.51M-82.48%1.03M-30.44%4.12M21.03%6.13M21.03%6.13M220.61%5.6M40.33%5.86M39.27%5.92M
-Total tax payable 73.03%19.72M73.03%19.72M6.82%12.65M-1.33%12.39M6.26%14.62M-13.49%11.39M-13.49%11.39M-13.22%11.85M-4.88%12.55M14.29%13.76M
-Other payable -7.66%180.75M-7.66%180.75M-1.37%211.37M-3.03%212.03M-3.14%215.94M-7.84%195.74M-7.84%195.74M20.41%214.3M23.08%218.66M24.25%222.94M
Current accrued expenses 30.62%19.29M30.62%19.29M32.49%18.36M28.90%18M22.66%16.08M19.56%14.76M19.56%14.76M5.21%13.86M-12.17%13.96M-31.79%13.11M
Current debt and capital lease obligation 22,156.28%361.44M22,156.28%361.44M12,903.24%360.97M-56.77%1.65M-66.73%1.64M-71.44%1.62M-71.44%1.62M-56.43%2.78M-42.18%3.81M-24.88%4.92M
-Current debt --359.77M--359.77M--359.31M----------------------------
-Current capital lease obligation 2.96%1.67M2.96%1.67M-40.20%1.66M-56.77%1.65M-66.73%1.64M-71.44%1.62M-71.44%1.62M-56.43%2.78M-42.18%3.81M-24.88%4.92M
Current deferred liabilities 6.82%7.77M6.82%7.77M-9.55%7.94M-27.53%7.8M-46.29%7.5M-58.13%7.27M-58.13%7.27M-58.65%8.78M-55.29%10.77M-45.39%13.96M
Other current liabilities 75.23%1.49M75.23%1.49M85.07%1.23M-3.18%823K-0.16%638K-23.45%852K-23.45%852K-46.88%663K-53.75%850K-64.74%639K
Current liabilities 142.21%650.17M142.21%650.17M132.20%660.48M-1.92%279.62M-5.11%274.7M-8.39%268.43M-8.39%268.43M12.40%284.44M11.92%285.1M12.72%289.49M
Non current liabilities
Long term debt and capital lease obligation -97.36%9.71M-97.36%9.71M-97.24%10.13M2.03%369.2M1.91%368.77M1.47%367.5M1.47%367.5M1.14%366.69M-0.42%361.84M-0.70%361.86M
-Long term debt ------------0.52%358.85M0.52%358.39M0.52%357.93M0.52%357.93M0.52%357.47M0.52%357.01M0.52%356.55M
-Long term capital lease obligation 1.46%9.71M1.46%9.71M9.88%10.13M114.08%10.35M95.65%10.39M57.15%9.57M57.15%9.57M33.01%9.22M-41.17%4.84M-45.35%5.31M
Other non current liabilities 2,948.70%9.39M2,948.70%9.39M3,355.96%12.48M702.65%4.24M278.19%2.25M-76.09%308K-76.09%308K-87.45%361K-90.46%528K-92.43%596K
Total non current liabilities -94.81%19.1M-94.81%19.1M-93.84%22.61M3.05%373.44M2.37%371.03M1.19%367.8M1.19%367.8M0.44%367.05M-1.78%362.37M-2.64%362.45M
Total liabilities 5.19%669.27M5.19%669.27M4.85%683.08M0.86%653.06M-0.95%645.72M-3.08%636.24M-3.08%636.24M5.33%651.49M3.82%647.47M3.63%651.94M
Shareholders'equity
Share capital -7.14%13K-7.14%13K0.00%13K0.00%13K0.00%13K0.00%14K0.00%14K-7.14%13K0.00%13K0.00%13K
-common stock -7.14%13K-7.14%13K0.00%13K0.00%13K0.00%13K0.00%14K0.00%14K-7.14%13K0.00%13K0.00%13K
Retained earnings 147.08%36.95M147.08%36.95M109.45%21.32M96.84%-8.02M85.22%-40.75M73.31%-78.48M73.31%-78.48M27.55%-225.64M22.69%-253.4M14.87%-275.62M
Paid-in capital -9.33%592.6M-9.33%592.6M-4.66%605.93M0.15%615.94M1.20%634.53M-3.16%653.58M-3.16%653.58M-2.93%635.58M-3.23%615.01M2.14%627.01M
Less: Treasury stock --------------------------------------2.14M
Gains losses not affecting retained earnings 185.61%754K185.61%754K-29.05%867K236.86%724K241.97%548K28.78%264K28.78%264K410.94%1.22M38.84%-529K66.78%-386K
Total stockholders'equity 9.55%630.32M9.55%630.32M52.77%628.13M68.56%608.65M70.36%594.34M50.99%575.38M50.99%575.38M19.90%411.17M17.65%361.1M20.74%348.88M
Total equity 9.55%630.32M9.55%630.32M52.77%628.13M68.56%608.65M70.36%594.34M50.99%575.38M50.99%575.38M19.90%411.17M17.65%361.1M20.74%348.88M
Currency Unit USDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions Unqualified Opinion--------Unqualified Opinion--------
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