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Friday 6 November 2026
Export UPWK’s income statement to Excel — free account
Upwork Inc.
UPWK Communication Services Internet Content & Information
Upwork Inc.’s revenue for fiscal 2025 (year ended December 2025) was $787.8 million, up 2.40% from fiscal 2024.
- Revenue
- −8.00%
- EPS
- +15.6%
- Free cash flow
- −22.4%
- Total debt
- +0.51%
Quarter to September 2026, against a year earlier
10.03
0.29
−2.81%
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| Older periods | Dec '25 | Mar '26 | Jun '26 | Sep '26 | |
|---|---|---|---|---|---|
Piotroski F-Score |
+8 more TTM periods Free account |
6 | 5 | 5 | 7 |
| 19.15% | 18.76% | 16.70% | 16.27% | ||
| 9.19% | 8.80% | 8.03% | 9.30% | ||
ROIC |
25.47% | 22.02% | 20.78% | 22.12% | |
Return on Tangible Assets |
33.45% | 38.25% | 30.92% | 27.65% | |
Average Days of Receivables |
35.32 | 35.05 | 35.45 | 37.54 | |
Free Cash Flow per Share |
1.68 | 1.60 | 1.42 | 1.28 | |
Free Cash Flow |
223.12 | 205.24 | 175.55 | 159.97 | |
Capital Expenditures |
(25.14) | (29.08) | (33.13) | (39.57) | |
| Other line items | |||||
Cash ROIC |
13.42% | 13.60% | 11.07% | 16.69% | |
Accounts Receivable Turnover |
10.38 | 10.28 | 10.66 | 9.90 | |
Accounts Payable Turnover |
24.99 | 23.36 | 44.54 | 19.93 | |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | |
Average Days of Payables |
16.41 | 22.80 | 14.30 | 19.15 | |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | |
Tax Rate |
(0.25) | (0.25) | (0.27) | (0.27) | |
Research and Development Expense of Revenue |
23.55% | 23.11% | 23.09% | 21.93% | |
Selling, General and Administrative Expense of Revenue |
36.82% | 37.80% | 37.89% | 37.96% | |
Share Based Compensation of Revenue |
8.30% | 8.67% | 8.47% | 7.27% | |
Operating CF/Net income |
2.15 | 2.15 | 2.05 | 1.91 | |
Depreciation/Fixed assets |
0.45 | 0.50 | 0.48 | 0.55 | |
Capex/Depreciation |
(1.25) | (1.18) | (1.17) | (1.16) | |
Revenue per Share |
5.95 | 6.17 | 6.35 | 6.16 | |
Operating CF per Share |
1.87 | 1.83 | 1.68 | 1.60 | |
Capex per Share |
(0.19) | (0.23) | (0.27) | (0.32) | |
Capex to Sales |
0.03 | 0.04 | 0.04 | 0.05 |
Columns are period end dates · fundamentals updated 5 Nov 2026