Skip to content
10-K

Annual Report

UPWORK, INC UPWK

0001627475-26-000012

← back to feed
Filed
Feb 13, 2026 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding FY 2025 · Jan 30, 2026 130.38M sh
Shares Diluted FY 2025 · Dec 31, 2025 140.66M sh
Shares Diluted FY 2025 · Dec 31, 2024 143.15M sh
Shares Diluted FY 2025 · Dec 31, 2023 137.26M sh
Stock Repurchased FY 2025 · Dec 31, 2025 $135.96M
Stock Repurchased FY 2025 · Dec 31, 2024 $100M
Stock Repurchased FY 2025 · Dec 31, 2023 $0
Capex FY 2025 · Dec 31, 2025 $5.79M
Capex FY 2025 · Dec 31, 2024 $3.53M
Capex FY 2025 · Dec 31, 2023 $692K
Operating Cash Flow FY 2025 · Dec 31, 2025 $248.26M
Operating Cash Flow FY 2025 · Dec 31, 2024 $153.56M
Operating Cash Flow restated FY 2025 · Dec 31, 2023 $52.71M
Long Term Debt FY 2025 · Dec 31, 2025 $0
Long Term Debt FY 2025 · Dec 31, 2024 $357.93M
Short Term Debt FY 2025 · Dec 31, 2025 $359.77M
Short Term Debt FY 2025 · Dec 31, 2024 $0
Cash And Equivalents FY 2025 · Dec 31, 2025 $294.36M
Cash And Equivalents FY 2025 · Dec 31, 2024 $305.76M
Cash And Equivalents FY 2025 · Dec 31, 2023 $79.64M
Stockholders Equity FY 2025 · Dec 31, 2025 $630.32M
Stockholders Equity FY 2025 · Dec 31, 2024 $575.38M
Stockholders Equity FY 2025 · Dec 31, 2023 $381.08M
Stockholders Equity FY 2025 · Dec 31, 2022 $248.88M
Current Liabilities FY 2025 · Dec 31, 2025 $650.17M
Current Liabilities FY 2025 · Dec 31, 2024 $268.43M
Total Liabilities FY 2025 · Dec 31, 2025 $669.27M
Total Liabilities FY 2025 · Dec 31, 2024 $636.24M
Current Assets FY 2025 · Dec 31, 2025 $950.83M
Current Assets FY 2025 · Dec 31, 2024 $911.05M
Total Assets FY 2025 · Dec 31, 2025 $1.3B
Total Assets FY 2025 · Dec 31, 2024 $1.21B
Eps Diluted FY 2025 · Dec 31, 2025 $0.84
Eps Diluted FY 2025 · Dec 31, 2024 $1.52
Eps Diluted FY 2025 · Dec 31, 2023 $0.06
Eps Basic FY 2025 · Dec 31, 2025 $0.87
Eps Basic FY 2025 · Dec 31, 2024 $1.61
Eps Basic FY 2025 · Dec 31, 2023 $0.35
Sga Expense FY 2025 · Dec 31, 2025 $146.63M
Sga Expense FY 2025 · Dec 31, 2024 $128.8M
Sga Expense FY 2025 · Dec 31, 2023 $118.93M
Rd Expense FY 2025 · Dec 31, 2025 $185.54M
Rd Expense FY 2025 · Dec 31, 2024 $209.28M
Rd Expense FY 2025 · Dec 31, 2023 $177.36M
Net Income FY 2025 · Dec 31, 2025 $115.43M
Net Income FY 2025 · Dec 31, 2024 $215.59M
Net Income FY 2025 · Dec 31, 2023 $46.89M
Operating Income FY 2025 · Dec 31, 2025 $129.31M
Operating Income FY 2025 · Dec 31, 2024 $65.21M
Operating Income FY 2025 · Dec 31, 2023 −$11.26M
Gross Profit FY 2025 · Dec 31, 2025 $613.03M
Gross Profit FY 2025 · Dec 31, 2024 $595.23M
Gross Profit FY 2025 · Dec 31, 2023 $518.69M
Revenue FY 2025 · Dec 31, 2025 $787.78M
Revenue FY 2025 · Dec 31, 2024 $769.33M
Revenue FY 2025 · Dec 31, 2023 $689.14M