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. In the quarter to June 2026, revenue fell 1.68%, EPS fell 16.0%, free cash flow fell 45.2% and total debt was flat, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.
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Upwork Inc. (UPWK) P/E ratio
As of 16 October 2026, Upwork Inc. (UPWK) trades at a P/E ratio of 10.5×. Over the past ten years it has ranged from 0.0× (September 2023) to 172× (December 2023); the current reading is higher than 76% of that period. That is below the Internet Content & Information industry median of 11.5× and below the Communication Services sector median of 16.7×.
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 |
|---|---|---|
| Jun 2026 | 10.5× | (19.91%) |
| Mar 2026 | 13.0× | (42.73%) |
| Dec 2025 | 22.8× | 126.96% |
| Sep 2025 | 10.0× | 37.42% |
| 31 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| BMBL Bumble Inc. compare | n/m |
| PGRU PropertyGuru Group Limited compare | n/m |
| NXDR Nextdoor Holdings, Inc. compare | n/m |
| WBTN WEBTOON Entertainment Inc. compare | n/m |
| WB Weibo Corporation compare | 4.8× |
| EVER EverQuote, Inc. compare | 6.8× |
| TBLA Taboola.com Ltd. compare | 8.3× |
| YELP Yelp Inc. compare | 9.4× |
| UPWK Upwork Inc. | 10.5× |
| Internet Content & Information industry median | 11.5× |
| Communication Services sector median | 16.7× |
| Market median | 18.1× |
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)