Revenue segments as reported by the company.

Marketplace

Managed Services

Enterprise

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for transaction losses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Upwork Inc

Upwork, Inc. operates an online marketplace that enables businesses to find, hire, and pay freelancers for short-term and longer-term projects. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The company was founded by Odysseas Tsatalos and Efstratios Karamanlakis in December 2013 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Upwork reports robust Q4 earnings, eyes AI talent market growth

Upwork's Q4 2022 performance showcased revenue growth, strong brand awareness, and expansion in the Enterprise segment. While facing challenges in client acquisition and retention, the company is leveraging opportunities in the AI talent market and organizational restructuring for future success.

Upwork surpasses Q1 revenue expectations, eyes AI for growth

Upwork's Q1 performance exceeded expectations, showcasing growth and profitability initiatives. While facing challenges from macroeconomic uncertainty, the company remains focused on leveraging AI and optimizing Enterprise sales. Opportunities lie in AI-driven efficiency gains and targeting high-value Enterprise segments.

Upwork reports solid Q2 earnings, expands AI services with OpenAI

Upwork's Q2 2023 performance reflects steady revenue growth, operational efficiency, and a strong market presence, underpinned by strategic investments in AI and new client acquisitions.
The company's focus on sustainable profitability, innovative partnerships, and expanding service offerings positions it well for future growth and value creation for shareholders.
While facing challenges in talent scalability and operational balancing, Upwork's proactive approach to addressing these issues and seizing growth opportunities bodes well for its long-term success.

Upwork surpasses Q3 expectations with AI investments driving growth

Upwork's Q3 2023 performance exceeded expectations, driven by AI investments and strong revenue growth. Challenges include macroeconomic uncertainties and balancing margin accretion with growth investments. Opportunities lie in strategic brand investments, sales optimization, and education partnerships to drive growth and strengthen competitiveness.

Upwork reports robust Q4 earnings, eyes AI innovation for growth

Upwork's Q4 2023 performance reflects strong revenue growth, record net income, and successful AI investments and partnerships, positioning the company for future success.
While challenges like revenue moderation and expense optimization exist, opportunities in AI innovation, advertising products, and strategic investments offer avenues for growth.
Overall, Upwork's financial strength, focus on innovation, and confidence in driving profitability and cash flow growth underscore a positive outlook for the company's future.

Upwork reports strong Q1 earnings, eyes AI growth opportunities

Upwork's Q1 2024 showcased robust financial performance, profitability focus, and strategic growth initiatives.
The company's emphasis on AI capabilities, partnerships, and revenue diversification positions it well for sustained growth.
Challenges in AI-related premium wages moderation and client retention strategies require attention for long-term success.

Upwork reports solid Q2 results, focuses on innovation and margin growth

Upwork's Q2 performance showed revenue growth but faced challenges from macroeconomic conditions. The company's strengths lie in its marketplace model, AI-related work success, and high gross margins. Opportunities exist in strategic investments for growth and margin expansion.

Upwork reports robust Q3 earnings, eyes AI growth and efficiency

Upwork's Q3 2024 performance reflects strong revenue growth, operational efficiency, and strategic initiatives to drive client engagement and platform enhancements.
While macroeconomic challenges pose concerns, the company's focus on AI, Business Plus, and cost savings positions it well for sustained growth and innovation.
With increased revenue guidance and a focus on AI capabilities, Upwork is poised to navigate challenges and leverage opportunities for future expansion and success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Upwork, Inc. is an online marketplace that enables businesses to find, hire, and pay freelancers for short-term and longer-term projects. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The company was founded by Odysseas Tsatalos and Efstratios Karamanlakis in December 2013 and is headquartered in Palo Alto, CA.

Upwork Inc (NASDAQ: UPWK) plans to offer $500 million of convertible senior notes due 2026 in a private placement. Upwork also intends to grant the initial purchasers an option to purchase up to an additional $75.0 million of notes.

Upwork To Raise $500M Via Convertible Senior Notes Private Offering

SAN FRANCISCO, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Upwork Inc. (“Upwork”) (Nasdaq: UPWK) today announced that it proposes to offer $500 million aggregate principal amount of convertible senior notes due 2026 (the “notes”), subject to market conditions and other factors. The notes are to be offered and sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Upwork also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period from, and including the date on which the notes are first issued, up to an additional $75.0 million aggregate principal amount of notes.

Upwork Announces Proposed Private Offering of $500.0 Million of Convertible Senior Notes Due 2026

SAN FRANCISCO,--(BUSINESS WIRE)--Upwork Inc. (Nasdaq: UPWK), the world's work marketplace, today released a new research report, “The Great Resignation: From Full-time to Freelance,” which explores why American professionals are leaving their current full-time roles. Utilizing survey data from 4,000 Americans, the report finds that 20%, or 10 million Americans, are considering freelancing to work remotely and gain more flexibility. As some businesses return to the office, the report finds that

Up to 10 Million Americans Turn to Freelancing Amid The Great Resignation, Upwork Report Finds

Zendesk

Markets were broadly lower, but some former darlings of the market did quite a bit worse.

Are High-Growth Stocks in Danger of Big Declines?

Upwork (UPWK) stock is falling hard on Friday following the release of the freelancing platform's earnings report for Q2 2021. The post UPWK Stock: Why Upwork Shares Are Falling Down Today appeared first on InvestorPlace.

UPWK Stock: Why Upwork Shares Are Falling Down Today

Disappointing earnings results weighed on the company.

Why Upwork Stock Got Crushed on Friday

Upwork Inc. (UPWK) CEO Hayden Brown on Q2 2021 Results - Earnings Call Transcript

Shares of Upwork (NASDAQ:UPWK) fell 4.0% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 133.33% over the past year to $0.03, which beat the estimate of ($0.09).

Recap: Upwork Q2 Earnings

SAN FRANCISCO, July 29, 2021 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced its second quarter 2021 financial results.

Upwork Reports Second Quarter 2021 Financial Results

Fiverr

Fiverr and Upwork are solving problems faced by freelancers and businesses. These 2 companies do not share the same business model, and in fact, there are unique characteristics that deserve the attention of investors.

Upwork Vs Fiverr Stock: Which Is The Better Buy?

SAN FRANCISCO--(BUSINESS WIRE)--Upwork (NASDAQ: UPWK), the world's work marketplace that connects businesses with independent talent, today announced that the company has been selected as a Market Leader in the 2021 Digital Staffing Marketplaces Technology Advisor report from notable contingent workforce management, talent management, and staffing analyst firm Ardent Partners. According to the report: “Utilization of digital and on-demand staffing technology solutions has increased more than 70

Upwork Recognized as Market Leader in Ardent Partners 2021 Digital Staffing Marketplaces Technology Advisor Report

Upwork (UPWK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Upwork (UPWK) to Report a Decline in Earnings: What to Look Out for

Upwork is well-positioned to capture revenues from the growing popularity of freelancing. Freelancing is less expensive than full-time employees, but also more rewarding for expert freelancers.

Upwork: Good Business But Slightly Pricey Stock

Corsair Gaming

SoFi Technologies

These three growth stocks could be presenting long-term investors with buying opportunities.

YT: My Take: 3 Stocks to Keep an Eye on During the Next Red Day

Macroeconomic worries are shaking up tech sector valuations.

Why Upwork Stock Got Hit Hard This Week

Prospective profit-takers took decided action today, but there may well be more of the same to come.

Why Upwork Fell 14% on Wednesday

Upwork (UPWK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Upwork (UPWK) Stock Jumps 5.8%: Will It Continue to Soar?

And why it was up 12% earlier in the day.

Why Upwork Stock Is Up 6% Today

SAN FRANCISCO, July 06, 2021 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced that it will report its financial results for the second quarter of 2021 on Thursday, July 29, 2021 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Upwork To Report Second Quarter 2021 Financial Results on July 29, 2021

Jerash holdings (US) Inc

Patterson Companies

Sabre

ThermoGenesis Holdings, Inc

PDCO, SABR, JRSH, UPWK, and THMO have been added to the Zacks Rank #5 (Strong Sell) List on July 2, 2021

New Strong Sell Stocks for July 2nd

DoorDash

Etsy

Lyft

Shopify

Uber

If your favorite restaurant can't seat you because it's understaffed or your airline canceled a flight because of a workforce shortage don't blame the people that aren't there. They've moved on.

7 Stocks Winning the Hiring Crisis of 2021

SAN FRANCISCO--(BUSINESS WIRE)--Upwork Inc. (Nasdaq: UPWK), the world's work marketplace, and the Economic Innovation Group (EIG) announced today that they will co-host a three-part virtual event series exploring the long-term economic, policy, and geographic impacts of remote work. The series, titled “Rise of Remote: Exploring Trends in Remote Work Post-COVID,” will kick off June 16, 2021. “The pandemic is the most action-forcing event the American workforce has experienced in decades, acceler

Upwork and Economic Innovation Group to Co-Host Remote Work Event Series Exploring Post-COVID Trends

Both these companies have seen strong revenue growth, and it doesn't seem as if that growth will be stopping anytime soon.

2 Stocks Benefiting From Businesses' Increasing Investments in Freelance Talent

Event to be Webcast Live on the Upwork Investor Relations Website Event to be Webcast Live on the Upwork Investor Relations Website

Upwork to Host Virtual Investor Day on June 15, 2021

Lemonade

Tesla

The risks might be concerning, but the rewards are potentially huge. See what you think.

News for Upwork Inc Stock (UPWK)