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Upwork Inc. (UPWK)
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UPWK Balance Sheet

Assets, liabilities, and equity analysis

UPWK Quarterly Balance Sheet (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
Total Current Assets
883.301M883.301M950.833M948.951M938.983M938.013M911.054M904.291M855.665M
328.400M328.400M297.956M260.838M291.070M304.449M305.757M288.464M182.803M
Short-Term Investments
251.334M251.334M378.425M382.259M343.509M317.619M316.344M312.719M314.941M
Cash & Short-Term Investments
579.734M579.734M676.381M643.097M634.579M622.068M622.101M601.183M497.744M
75.911M75.911M76.236M76.433M71.230M77.917M75.490M69.447M116.522M
0.000.000.000.000.000.000.000.000.00
1.242B1.242B1.300B1.311B1.262B1.240B1.212B1.063B1.009B
61.934M61.934M49.432M45.561M43.476M40.477M35.808M36.316M30.776M
149.192M149.192M149.192M150.471M141.473M121.064M121.064M118.219M118.219M
Intangible Assets
34.231M34.231M37.161M39.656M9.525M11.174M12.989M1.859M2.258M
Long-Term Investments
0.000.000.000.000.000.000.000.000.00
Total Current Liabilities
647.201M647.201M650.168M660.476M279.624M274.696M268.433M284.439M285.096M
11.092M11.092M188.610M8.514M1.027M4.115M6.128M5.601M5.863M
360.231M360.231M359.770M359.310M0.000.000.000.000.00
Total Liabilities
672.325M672.325M669.265M683.083M653.062M645.724M636.236M651.488M647.467M
15.197M15.197M9.707M0.00358.849M358.389M357.928M357.468M357.008M
379.477M379.477M380.856M371.101M370.848M370.410M369.119M369.464M365.655M
Net Debt (Cash)
51.077M51.077M82.900M110.263M79.778M65.961M63.362M81.000M182.852M
569.627M569.627M630.315M628.126M608.654M594.342M575.377M411.171M361.096M
Common Stock
12K12K13K13K13K13K14K13K13K
68.410M68.410M36.949M21.315M-8.020M-40.746M-78.476M-225.642M-253.400M
1.361.361.461.443.363.413.393.183.00
0.670.670.600.590.610.620.640.901.01

UPWK Annual Balance Sheet (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Total Current Assets
950.833M911.054M883.371M930.906M929.653M360.801M280.635M255.882M
297.956M305.757M79.641M129.384M187.205M94.081M48.392M129.128M
Short-Term Investments
378.425M316.344M470.457M557.230M497.566M75.570M85.481M0.00
Cash & Short-Term Investments
676.381M622.101M550.098M686.614M684.771M169.651M133.873M129.128M
76.236M75.490M103.061M64.888M66.826M47.018M30.156M22.315M
0.000.000.000.000.000.000.000.00
1.300B1.212B1.038B1.080B1.081B529.227M446.380M391.573M
49.432M35.808M31.473M29.666M32.011M47.868M43.362M10.815M
149.192M121.064M118.219M118.219M118.219M118.219M118.219M118.219M
Intangible Assets
37.161M12.989M3.048M0.000.00667K3.335M6.004M
Long-Term Investments
0.000.000.000.000.000.000.00500K
Total Current Liabilities
650.168M268.433M293.003M247.692M233.634M198.747M149.098M127.600M
188.610M6.128M5.063M7.549M4.996M6.455M652K2.073M
359.770M0.000.000.000.007.581M7.584M5.671M
Total Liabilities
669.265M636.236M656.466M831.366M821.544M229.917M186.956M147.828M
9.707M357.928M356.087M564.261M561.299M3.142M10.699M18.239M
380.856M369.119M367.862M581.940M584.367M34.954M42.683M23.910M
Net Debt (Cash)
82.900M63.362M288.221M452.556M397.162M-59.127M-5.709M-105.218M
630.315M575.377M381.075M248.879M259.517M299.310M259.424M243.745M
Common Stock
13K14K14K13K13K12K11K11K
36.949M-78.476M-294.062M-340.949M-251.064M-194.824M-171.957M-143.499M
1.463.393.013.763.981.821.882.01
0.600.640.972.342.250.120.160.10

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Upwork Inc.

Upwork Inc., operating alongside its subsidiaries, provides a leading online work marketplace that connects businesses globally with independent professionals and agencies, spanning the United States, India, the Philippines, and other international markets. The platform grants clients access to a vast and diverse pool of talent, covering a wide array of specializations. These include key areas like sales and marketing, customer service, data science and analytics, creative design, and various aspects of web, mobile, and software development. Beyond talent acquisition, the marketplace also streamlines key operational workflows for businesses, such as sourcing candidates, managing outreach, and facilitating contract agreements. To support effective remote collaborations, Upwork offers a suite of functionalities, including robust communication and collaboration tools, simplified invoicing directly through the platform, and comprehensive payment protection. Upwork's marketplace offerings encompass various service tiers, such as Upwork Basic, Plus, Enterprise, and Payroll solutions, alongside managed and internet escrow agency services. Originally incorporated in 2013 and initially known as Elance-oDesk, Inc., the company rebranded to Upwork Inc. in May 2015. It maintains its headquarters in San Francisco, California.

Palo Alto, CA
600 employees
Industrials / Staffing & Employment Services
Sector
Industrials
Industry
Staffing & Employment Services
CEO
Hayden Brown