Upwork Inc.
UPWKCommunication ServicesNASDAQInternet Content & Information
Scan Results
Daily timeframeUpwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the. At a $1.16B market cap, Upwork Inc. ranks as a small-cap company within communication services. The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development.
Market Cap
$1.16B
Beta
1.07
P/E (TTM)
11.57
P/E (Fwd)
5.34
EPS (TTM)
$0.81
EPS (Fwd)
$1.75
ROE
18.8%
ROA
6.4%
Cash
$579.7M
Total Debt
$379.5M
Free CF
$172.3M
52W Change
-38.0%
Annual Financials
Cash vs Debt
With $579.7M in cash and $379.5M in debt, UPWK maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow comes in at $172.3M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 18.8% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 6.4% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $618.3M (2022) to $787.8M (2025), reflecting a 27% increase over the period.
As with any equity investment, UPWK carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Upwork Inc.'s trajectory.