UPWK
Upwork, Inc Information Technology Services-Computer Processing & Data Preparation Russell 3000
$9.15Close
$1.2BMarket cap
$7.84 – $22.1152-week range
Nov 2, 2026Next report · after the close
Highlights
Cautions
- Not in an uptrend 1 of 8 trend conditions
- Lagging the market RS 12 · weaker than 88% of stocks over 12 months
- Far from its high 59% below its 52-week high
- Earnings shrinking EPS −16% year on year
- Results soon Nov 2, 2026, in 1 day
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
59%
1wk
down 3.5%
price change
1mo
up 12.1%
price change
12-month return
down 44%
market up 11% ·
its own down 57%
F-score
6 / 9
Mixed
Altman Z″
3.27
Low risk
P/E
10.3×
price / earnings
PEG
—
P/E / EPS growth
P/B
1.9×
price / book
Earnings yield
up 14.4%
EBIT / enterprise value
Cheaper than
89%
of the market · markedly cheap
Revenue growth
up 2%
year on year
EPS growth
down 16%
latest quarter · -4 pts
Sales growth
down 2%
latest quarter · -3 pts
ROE
up 19%
return on equity
Free cash margin
up 31%
$242.5M FCF
D/E
0.00
long-term debt / equity
Net debt / EBITDA
-1.9×
net cash
Interest cover
—EBIT / interest
Piotroski tests
- profitability slipped from last year
- short-term liquidity weakened
- assets working less efficiently
- profitable on its assets
- generating cash from operations
- profits backed by cash
- reduced long-term debt
- no new shares issued
- gross margin widened
Repair signals
- Long-term debt down 100% ($0.4B → $0.0B)
Trade setup
ATR%
3.5%
$0.32 a day · 2×ATR $8.51
RS
12 / 99
vs the universe
Trend
1 / 8
trend template
Relative volume
0.8×
vs 50-day average
Up/down volume
1.44
50 sessions
Implied move
—
no option chain · report Nov 2, 2026
Trend template · 1 of 8
- Price above the 50-day average: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Aug 10, 2026
Last shock
Aug 11, 2026-15% in one session3.8× volumeon results+9% since
Financials
- Gross 78%
- Net 15%
- Free cash 31%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $373.6M | $502.8M | $618.3M | $689.1M | $769.3M | $787.8M |
| Gross margin | 72% | 73% | 74% | 75% | 77% | 78% |
| Operating income | -$22.4M | -$54.2M | -$92.6M | -$11.3M | $65.2M | $129.3M |
| Net income | -$22.9M | -$56.2M | -$89.9M | $46.9M | $215.6M | $115.4M |
| Net margin | -6% | -11% | -15% | 7% | 28% | 15% |
| Earnings per share | -$0.19 | -$0.44 | -$0.69 | $0.34 | $1.51 | $0.82 |
| Free cash flow | $16.0M | $9.8M | $10.2M | $52.0M | $150.0M | $242.5M |
| Free cash margin | 4% | 2% | 2% | 8% | 20% | 31% |
| Cash | $94.1M | $187.2M | $129.4M | $79.6M | $305.8M | $294.4M |
| Long-term debt | $3.1M | $561.3M | $564.3M | $356.1M | $357.9M | $0 |
| Shareholders' equity | $299.3M | $259.5M | $248.9M | $381.1M | $575.4M | $630.3M |
| Shares outstanding | 124.80m | 129.13m | 132.37m | 137.27m | 135.35m | 130.55m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 10, 2026 | Quarterly ↗ | Jun 30, 2026 | 41d |
| May 7, 2026 | Quarterly ↗ | Mar 31, 2026 | 37d |
| Feb 13, 2026 | Annual ↗ | Dec 31, 2025 | 44d |
| Nov 4, 2025 | Quarterly ↗ | Sep 30, 2025 | 35d |
| Aug 6, 2025 | Quarterly ↗ | Jun 30, 2025 | 37d |
| May 5, 2025 | Quarterly ↗ | Mar 31, 2025 | 35d |
| Feb 13, 2025 | Annual ↗ | Dec 31, 2024 | 44d |
| Nov 6, 2024 | Quarterly ↗ | Sep 30, 2024 | 37d |
| Aug 7, 2024 | Quarterly ↗ | Jun 30, 2024 | 38d |
| May 1, 2024 | Quarterly ↗ | Mar 31, 2024 | 31d |
| Feb 15, 2024 | Annual ↗ | Dec 31, 2023 | 46d |
| Nov 7, 2023 | Quarterly ↗ | Sep 30, 2023 | 38d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 10, 2026 | Results ↗ |
| Jul 16, 2026 | Director or officer change ↗ |
| Jun 23, 2026 | Material agreement · New obligation ↗ |
| Jun 5, 2026 | Director or officer change · Shareholder vote ↗ |
| May 7, 2026 | Results · Restructuring · Regulation FD ↗ |
| Mar 18, 2026 | Director or officer change ↗ |
| Feb 18, 2026 | Other events ↗ |
| Feb 9, 2026 | Results · Charter or bylaws ↗ |
| Dec 11, 2025 | Director or officer change ↗ |
| Nov 3, 2025 | Results ↗ |
| Sep 3, 2025 | Regulation FD ↗ |
| Aug 12, 2025 | Director or officer change · Regulation FD ↗ |