Upwork (UPWK) Stock Price

Upwork Price

🇺🇸NASDAQ·CLOSED
8.87USD
Market closed
Today +/-
Today %

Upwork (UPWK) Stock | ISIN US91688F1049 | WKN A2N5QE. The current Upwork stock price is 8.87 USD (2026). Revenue is 859.96 M USD. Net income is 189.2 M USD. The P/E ratio is 6.59. Market capitalization is 1.16 B USD. Upwork operates in the Industry sector.

Upwork stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Upwork over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Upwork stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Upwork's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Upwork Stock Price History
DateUpwork Price
Access this data via the Eulerpool API

Upwork Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2016
164.4 M USD
-14.5 M USD
-16.2 M USD
Jan 1, 2017
202.6 M USD
-3.1 M USD
-10.6 M USD
Jan 1, 2018
253.4 M USD
-11.7 M USD
-19.9 M USD
Jan 1, 2019
300.6 M USD
-18.7 M USD
-16.7 M USD
Jan 1, 2020
373.6 M USD
-22.4 M USD
-22.9 M USD
Jan 1, 2021
502.8 M USD
-45.5 M USD
-56.2 M USD
Jan 1, 2022
618.3 M USD
-88.6 M USD
-89.9 M USD
Jan 1, 2023
689.14 M USD
-11.26 M USD
46.89 M USD
Jan 1, 2024
769.33 M USD
65.21 M USD
215.59 M USD
Jan 1, 2025
787.78 M USD
133.71 M USD
115.43 M USD
Invalid Date
859.96 M USD
215.4 M USD
189.2 M USD
Invalid Date
974.52 M USD
250.38 M USD
219.87 M USD
Invalid Date
1.09 B USD
330.28 M USD
265.86 M USD
Invalid Date
1.2 B USD
374.85 M USD
317.17 M USD
Invalid Date
1.31 B USD
424.63 M USD
345.15 M USD

Upwork Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 12:37 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Upwork generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Upwork retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Upwork's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Upwork has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Upwork's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Upwork stock margins

The Upwork margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Upwork. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Upwork.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2016
61.98 %
-8.82 %
-9.85 %
Jan 1, 2017
67.67 %
-1.53 %
-5.23 %
Jan 1, 2018
67.84 %
-4.62 %
-7.85 %
Jan 1, 2019
70.66 %
-6.22 %
-5.56 %
Jan 1, 2020
72.11 %
-6 %
-6.13 %
Jan 1, 2021
73.05 %
-9.05 %
-11.18 %
Jan 1, 2022
74.06 %
-14.33 %
-14.54 %
Jan 1, 2023
75.27 %
-1.63 %
6.8 %
Jan 1, 2024
77.37 %
8.48 %
28.02 %
Jan 1, 2025
77.82 %
16.97 %
14.65 %
Invalid Date
77.82 %
25.05 %
22 %
Invalid Date
77.82 %
25.69 %
22.56 %
Invalid Date
77.82 %
30.19 %
24.3 %

Upwork Stock Revenue, EBIT, Earnings per Share

The Upwork earnings per share therefore indicates how much revenue Upwork has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2016
1.58 USD
-0.14 USD
-0.16 USD
Jan 1, 2017
1.95 USD
-0.03 USD
-0.1 USD
Jan 1, 2018
2.38 USD
-0.11 USD
-0.19 USD
Jan 1, 2019
2.74 USD
-0.17 USD
-0.15 USD
Jan 1, 2020
3.15 USD
-0.19 USD
-0.19 USD
Jan 1, 2021
3.95 USD
-0.36 USD
-0.44 USD
Jan 1, 2022
4.74 USD
-0.68 USD
-0.69 USD
Jan 1, 2023
5.02 USD
-0.08 USD
0.34 USD
Jan 1, 2024
5.37 USD
0.46 USD
1.51 USD
Jan 1, 2025
5.6 USD
0.95 USD
0.82 USD
Invalid Date
6.58 USD
1.53 USD
1.45 USD
Invalid Date
7.46 USD
1.78 USD
1.68 USD
Invalid Date
8.37 USD
2.35 USD
2.03 USD

Upwork business model & stock analysis

Upwork Inc is an American online platform that was founded in 2015. The company is a marketplace where freelancers and companies meet to complete project work or establish long-term employment relationships. Upwork is headquartered in Santa Clara, California and employs over 300 people worldwide.

Upwork Segments

Upwork Revenue by Segment (1/2)

  • Max

Marketplace
Enterprise
Details
Date
Marketplace
Basic, Plus, Client Marketplace (1) and other
Basic, Plus, and other
Enterprise
Enterprise and Managed Services
Managed services
Jan 1, 2024
662.11 M USD
0 USD
0 USD
107.22 M USD
0 USD
0 USD
Jan 1, 2025
682.88 M USD
0 USD
0 USD
104.9 M USD
0 USD
0 USD

Upwork Revenue by Segment (2/2)

  • Max

Reportable Segment
Details
Date
Reportable Segment
Jan 1, 2024
769.33 M USD
Jan 1, 2025
787.78 M USD

Upwork Revenue by Region

  • 3 Years

  • 5 Years

  • Max

United States
International
Rest of world (1)
Philippines
India
Pakistan
Details
Date
United States
International
Rest of world (1)
Philippines
India
Pakistan
Jan 1, 2018
40.31 M USD
80.39 M USD
0 USD
17.06 M USD
25.49 M USD
0 USD
Jan 1, 2019
87.24 M USD
25.88 M USD
0 USD
19.66 M USD
27.37 M USD
0 USD
Jan 1, 2020
107.36 M USD
39.57 M USD
0 USD
22.92 M USD
33.11 M USD
0 USD
Jan 1, 2021
153 M USD
52.82 M USD
0 USD
32.92 M USD
42.28 M USD
0 USD
Jan 1, 2022
210.58 M USD
0 USD
73.07 M USD
39.95 M USD
45.82 M USD
0 USD
Jan 1, 2023
236.74 M USD
82.47 M USD
0 USD
45.91 M USD
49.49 M USD
0 USD
Jan 1, 2024
238.79 M USD
91.41 M USD
0 USD
58.48 M USD
56.9 M USD
0 USD
Jan 1, 2025
246.22 M USD
98.23 M USD
0 USD
57.87 M USD
53.53 M USD
46.24 M USD

Upwork Eulerpool Fair Value

Upwork historical P/E ratio, EBIT multiple, and P/S ratio

Upwork annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Upwork shares outstanding

The number of shares was Upwork in 2025 — This indicates how many shares 140.66 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2016
104.1 M base_Shares
Jan 1, 2017
104.1 M base_Shares
Jan 1, 2018
106.5 M base_Shares
Jan 1, 2019
109.8 M base_Shares
Jan 1, 2020
118.7 M base_Shares
Jan 1, 2021
127.2 M base_Shares
Jan 1, 2022
130.5 M base_Shares
Jan 1, 2023
137.26 M base_Shares
Jan 1, 2024
143.15 M base_Shares
Jan 1, 2025
140.66 M base_Shares
Invalid Date
140.66 M base_Shares
Invalid Date
140.66 M base_Shares
Invalid Date
140.66 M base_Shares
Price targets and forecasts for Upwork are not yet available.

Upwork Earnings Estimates

Upwork Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/7/20260.28USD199.82 MUSD2026 Q1
2/9/20260.32USD201.47 MUSD2025 Q4
5/1/20240.13USD186.2 MUSD2024 Q1
2/13/20240.18USD181.8 MUSD2023 Q4
7/25/20230.01USD183.01 MUSD2023 Q2
4/25/2023-0.03USD169.52 MUSD2023 Q1
2/8/2023-0.03USD161.68 MUSD2022 Q4
10/26/2022-0.08USD159.7 MUSD2022 Q3
7/27/2022-0.08USD150.02 MUSD2022 Q2
4/27/2022-0.14USD138.34 MUSD2022 Q1

EESG©

Eulerpool ESG Scorecard© for the Upwork stock

76/100
70
Environment
97
Social
61
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy368.8
Scope 3 - Indirect emissions within the value chain13,372.1
Total CO₂ emissions368.8
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees49
Percentage of women in management
Percentage of Asian employees23.9
Share of Asian management14.3
Percentage of Hispanic/Latino employees6.5
Hispano/Latino Management share6.1
Percentage of Black employees7.3
Black Management Share6.1
Percentage of white employees54.6
White Management Share65.3
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Upwork shareholder structure

% Name
11.50733%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
10.07091%
T. Rowe Price Associates, Inc.
T. Rowe Price Associates, Inc.
6.34167%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.00159%
LSV Asset Management
LSV Asset Management
3.35385%
Morgan Stanley & Co. LLC
Morgan Stanley & Co. LLC
3.05132%
Capital International Investors
Capital International Investors
2.88856%
Ancient Art, L.P.
Ancient Art, L.P.
2.69957%
Two Sigma Investments, LP
Two Sigma Investments, LP
2.29263%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
2.29105%
State Street Investment Management (US)
State Street Investment Management (US)
...

Upwork Executives and Management Board

HB

Ms. Hayden Brown

(43)

President, Chief Executive Officer, Director · since 2016

Compensation9.93 M USD
EG

Ms. Erica Gessert

(50)

Chief Financial Officer

Compensation4.44 M USD
DB

Mr. David Bottoms

(54)

General Manager - Marketplace

Compensation3.15 M USD
TL

Mr. Thomas Layton

(62)

Independent Chairman of the Board

Compensation291,830 USD
LS

Ms. Leela Srinivasan

(51)

Independent Director

Compensation247,225 USD

Upwork Supply Chain

Frequently asked questions about Upwork

The business model of Upwork Inc involves operating an online platform that connects freelancers and businesses. Upwork acts as a mediator, providing a space where businesses can find and hire freelancers for various projects. The company generates revenue by charging fees to both freelancers and clients for using their platform. Clients can post job listings and select freelancers based on their skills and expertise, while freelancers can create profiles highlighting their qualifications and apply for available projects. Upwork facilitates communication, collaboration, and payment processes to ensure smooth interactions between freelancers and clients. Overall, Upwork's business model revolves around facilitating flexible employment arrangements and assisting in the completion of remote work projects.

All fundamentals and in-depth analysis of Upwork

Our stock analysis for Upwork Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Upwork Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.