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%
Market cap
$1.3B
P/E
12.0×
Fwd P/E
11.1×
Dividend yield
—
F-score
6/9
Altman Z
3.61
Beneish M
−2.95
Dividend safety
n/a

Upwork Inc. (UPWK) P/E ratio

Alert me on P/E ratio

As of 6 November 2026, Upwork Inc. (UPWK) trades at a P/E ratio of 12.0×. Over the past ten years it has ranged from 0.0× (September 2023) to 172× (December 2023); the current reading is higher than 80% of that period. That is in line with the Internet Content & Information industry median of 12.0× and below the Communication Services sector median of 14.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 22.8× 125.73%
FY2024 10.1× (75.37%)
FY2023 41.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Sep 2026 9.8× (6.40%)
Jun 2026 10.5× (19.91%)
Mar 2026 13.0× (42.73%)
Dec 2025 22.8× 126.96%
32 more quarters

Against its own ten years

Low 0.0× High 172×
Ten-year median 0.0×
Current reading's percentile 48

P/E ratio against peers

Company P/E ratio
GENI Genius Sports Limited compare n/m
DJT Trump Media & Technology Group Corp. compare n/m
WBTN WEBTOON Entertainment Inc. compare n/m
WB Weibo Corporation compare 4.9×
MAX MediaAlpha, Inc. compare 6.9×
OPRA Opera Limited Sponsored ADR compare 8.7×
YELP Yelp Inc. compare 9.0×
EVER EverQuote, Inc. compare 9.0×
UPWK Upwork Inc. 12.0×
Internet Content & Information industry median 12.0×
Communication Services sector median 14.7×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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