Fiverr International Ltd. (FVRR) vs Upwork Inc. (UPWK)

A side-by-side comparison of Fiverr International Ltd. and Upwork Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: FVRR is classified in Communication Services; UPWK is classified in Industrials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnFVRR vs UPWK

growth of $100 · dividends reinvested · last 7y
FVRR -77.4% (-19.2%/yr)UPWK -43.4% (-7.8%/yr)UPWK compounded faster over this window
0200400600800Start $100202120232025$23$57
FVRR UPWK

FVRR vs UPWK: by the numbers

  • UPWK is the larger company ($1.08B vs $325M market cap).
  • FVRR trades at the lower trailing earnings multiple (11.15 vs 11.47 P/E), one valuation lens rather than an overall verdict.
  • UPWK converts more revenue to profit (12.93% vs 7.18% net margin).
  • UPWK grew revenue faster over the past five years (12.31% vs 10.69% CAGR).

Metrics side by side

Valuation

MetricFVRRUPWK
P/E ratio11.1511.47
Forward P/E5.576.27
P/S ratio0.781.37
P/B ratio0.741.76
EV / EBITDA5.506.57
FCF yield28.22%18.50%

Profitability

MetricFVRRUPWK
Gross margin82.00%77.21%
Operating margin4.51%15.10%
Net margin7.18%12.93%
ROE6.87%16.66%
ROIC3.76%8.71%

Growth (annualized)

MetricFVRRUPWK
Revenue CAGR (5Y)10.69%12.31%
FCF CAGR (5Y)26.82%85.69%
Total return CAGR (5Y)-45.19%-29.17%

Frequently asked

Which has the lower trailing P/E, FVRR or UPWK?
FVRR has the lower trailing P/E: FVRR trades at 11.15 and UPWK at 11.47. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FVRR or UPWK?
Over the past five years, UPWK grew revenue faster — FVRR at a 10.69% CAGR versus UPWK at 12.31%.
Is FVRR or UPWK more profitable?
UPWK runs the higher net margin — FVRR at 7.18% versus UPWK at 12.93%.
How have FVRR and UPWK total returns compared?
Over the past 5 years, FVRR delivered -45.19% and UPWK delivered -29.17% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.