Upwork Inc. (formerly Elance-oDesk) is an American freelancing platform headquartered in Santa Clara and San Francisco, California. The company was formed in 2013 as Elance-oDesk after the merger of Elance Inc. and oDesk Corp. The merged company was subsequently rebranded as Upwork in 2015.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| UPWK | UPWORK, INC | 2026-02-18 04:30:01 | 12.79 | 0.03 | 0.24 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UPWK | 0001627475 | UPWORK, INC | US91688F1049 | 5493004QJ6WWBXVE2S70 | 464337682 | Nasdaq | 7374 | Services-Computer Processing & Data Preparation | 1231 | DE | 530 LYTTON AVENUE, SUITE 301 | PALO ALTO | CA | 94301 | UNITED STATES | US | 650-316-7500 | 3490 S 4400 W #70008, WEST VALLEY CITY, UT, 84120 | 530 LYTTON AVENUE, SUITE 301, PALO ALTO, CA, 94301 | Upwork Inc. | Freelance marketplace | 1999 | Hayden Brown | — | — | 1,316,960,538 | 131,393,994 | 130,654,883 | Upwork Inc. (formerly Elance-oDesk) is an American freelancing platform headquartered in Santa Clara and San Francisco, California. The company was formed in 2013 as Elance-oDesk after the merger of Elance Inc. and oDesk Corp. The merged company was subsequently rebranded as Upwork in 2015. | 2026-02-12 17:12:20 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 1,657,936,950 | 340,976,412 | 25.8912 | 130,380,213 | -5,079,402 | -3.7498 |
| 2024 | 1,316,960,538 | 161,606,667 | 13.9876 | 135,459,615 | -1,932,905 | -1.4068 |
| 2023 | 1,155,353,871 | -1,319,691,313 | -53.3199 | 137,392,520 | 4,916,711 | 3.7114 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Hayden Brown | Chief Executive Officer, President | 2024 | 595,000 | — | 8,554,496 | 761,600 | 20,813 | 9,931,909 |
| Erica Gessert | Chief Financial Officer | 2024 | 572,917 | — | 3,254,415 | 607,787 | 5,606 | 4,440,725 |
| Erica Gessert | Chief Financial Officer | 2023 | 375,833 | 0 | 4,950,000 | 183,467 | 5,619 | 5,514,919 |
| Hayden Brown | Chief Executive Officer, President | 2023 | 570,000 | 0 | 8,594,663 | 307,800 | 35,678 | 9,508,141 |
| Jeff Mccombs | Chief Financial Officer | 2022 | 500,000 | 0 | 4,885,312 | 0 | 284,675 | 5,669,987 |
| Fiscal Year | Employee Count |
|---|---|
| 2025 | 630 |
| 2024 | 600 |
| 2023 | 800 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 787,784,000 | 769,325,000 | 689,136,000 |
| Cost Of Revenue | 174,752,000 | 174,094,000 | 170,450,000 |
| Gross Profit | 613,032,000 | 595,231,000 | 518,686,000 |
| Research And Development Expenses | 185,544,000 | 209,283,000 | 177,363,000 |
| General And Administrative Expenses | 146,629,000 | 128,803,000 | 118,925,000 |
| Operating Expenses | 483,725,000 | 530,025,000 | 529,946,000 |
| Operating Income | 129,307,000 | 65,206,000 | -11,260,000 |
| Net Income | 115,425,000 | 215,586,000 | 46,887,000 |
| Earnings Per Share Basic | 0.87 | 1.61 | 0.35 |
| Earnings Per Share Diluted | 0.84 | 1.52 | 0.06 |
| Weighted Average Shares Outstanding Basic | 132,485,000 | 133,621,000 | 134,774,000 |
| Weighted Average Shares Outstanding Diluted | 140,660,000 | 143,152,000 | 137,263,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 294,356,000 | 305,757,000 | 79,641,000 |
| Marketable Securities Current | 378,425,000 | 316,344,000 | 470,457,000 |
| Accounts Receivable | 76,236,000 | 75,490,000 | 103,061,000 |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | — | — | — |
| Total Assets Current | 950,833,000 | 911,054,000 | 883,371,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 44,421,000 | 30,056,000 | 27,140,000 |
| Other Assets Non Current | 1,467,000 | 1,919,000 | 1,430,000 |
| Total Assets Non Current | 348,747,000 | 300,559,000 | 154,170,000 |
| Total Assets | 1,299,580,000 | 1,211,613,000 | 1,037,541,000 |
| Accounts Payable | 7,858,000 | 6,128,000 | 5,063,000 |
| Deferred Revenue | 7,765,000 | 7,269,000 | 17,361,000 |
| Short Term Debt | 359,770,000 | — | — |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | 650,168,000 | 268,433,000 | 293,003,000 |
| Long Term Debt | 359,770,000 | 357,928,000 | 356,087,000 |
| Other Liabilities Non Current | 9,390,000 | 308,000 | 1,288,000 |
| Total Liabilities Non Current | 19,097,000 | 367,803,000 | 363,463,000 |
| Total Liabilities | 669,265,000 | 636,236,000 | 656,466,000 |
| Common Stock | 13,000 | 14,000 | 14,000 |
| Retained Earnings | 36,949,000 | -78,476,000 | -294,062,000 |
| Accumulated Other Comprehensive Income | 754,000 | 264,000 | 205,000 |
| Total Shareholders Equity | 630,315,000 | 575,377,000 | 381,075,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 25,710,000 | 14,813,000 | 2,900,000 |
| Share Based Compensation Expense | 65,390,000 | 68,391,000 | 74,195,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | 3,284,000 | 4,802,000 | 47,663,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | -1,160,000 | 969,000 | -2,513,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 248,259,000 | 153,563,000 | 27,221,000 |
| Purchases Of Marketable Securities | 485,178,000 | 362,322,000 | 709,214,000 |
| Sales Of Marketable Securities | 11,348,000 | 41,775,000 | 165,035,000 |
| Acquisition Of Property Plant And Equipment | 5,790,000 | 3,528,000 | 692,000 |
| Acquisition Of Business | 58,406,000 | 14,333,000 | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -136,939,000 | 137,568,000 | 88,270,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | 3,935,000 | 4,795,000 | 4,081,000 |
| Repurchase Of Common Stock | 135,959,000 | 100,000,000 | — |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -138,005,000 | -81,956,000 | -114,304,000 |
| Change In Cash | -26,685,000 | 209,175,000 | 1,187,000 |
| Cash At End Of Period | 294,356,000 | 305,757,000 | 79,641,000 |
| Income Taxes Paid | 13,529,000 | 4,590,000 | 1,982,000 |
| Interest Paid | 1,227,000 | 920,000 | 1,321,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 0.87 | 1.61 | 0.35 |
| Price To Earnings Ratio | 22.7816 | 10.1553 | 42.4857 |
| Earnings Growth Rate | -45.9627 | 360 | -150.7246 |
| Price Earnings To Growth Ratio | -0.4957 | 0.0282 | -0.2819 |
| Book Value Per Share | 4.7576 | 4.306 | 2.8275 |
| Price To Book Ratio | 4.1659 | 3.797 | 5.259 |
| Ebitda | 157,816,000 | 237,750,000 | 76,169,000 |
| Enterprise Value | 3,051,036,700 | 2,236,874,350 | 2,280,535,380 |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 1.1416 | 0.6221 | 0.9344 |
| Capital Expenditures | 40,075,000 | 17,729,000 | 7,977,000 |
| Free Cash Flow | 208,184,000 | 135,834,000 | 19,244,000 |
| Return On Equity | 0.1831 | 0.3747 | 0.123 |
| One Year Beta | 1.1085 | 1.1174 | 1.9034 |
| Three Year Beta | 1.3032 | 1.7777 | 1.9254 |
| Five Year Beta | 1.6285 | 1.1645 | 1.1568 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Bottoms Dave | GM, Marketplace | 2025-12-19 | 9,622 | D | 345 |
| Bottoms Dave | GM, Marketplace | 2025-12-18 | 8,980 | A | 9,325 |
| Bottoms Dave | GM, Marketplace | 2025-12-18 | 6,023 | A | 15,348 |
| Bottoms Dave | GM, Marketplace | 2025-12-18 | 5,904 | A | 21,252 |
| Bottoms Dave | GM, Marketplace | 2025-12-18 | 11,285 | D | 9,967 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Capital International Investors | 2025-12-31 | 65,185,205 | 3,288,860 | 19.82 |
| LOS ANGELES CAPITAL MANAGEMENT LLC | 2025-12-31 | 763,323 | 46,801 | 16.31 |
| JPMORGAN CHASE & CO | 2025-12-31 | 2,089,781 | 105,438 | 19.82 |
| Parallel Advisors, LLC | 2025-12-31 | 31,989 | 1,614 | 19.8197 |
| GLOBEFLEX CAPITAL L P | 2025-12-31 | 5,344,265 | 269,640 | 19.82 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| EMPOWER FUNDS, INC. | 2025-12-31 | Institutional Class | MXERX | 95,956 | 1,901,847.88 | 0.1711 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Class L | MXNSX | 95,956 | 1,901,847.88 | 0.1711 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Investor Class | MXISX | 95,956 | 1,901,847.88 | 0.1711 |
| ALPS ETF Trust | 2025-11-30 | Barron's 400 ETF | BFOR | 26,744 | 527,926.56 | 0.2899 |
| UNIFIED SERIES TRUST | 2025-11-30 | OneAscent Enhanced Small and Mid Cap ETF | OASC | 14,136 | 279,044.64 | 0.4099 |