Upwork Inc. (UPWK)

From the record

Upwork Inc.'s filings since 2018 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Upwork Inc.'s 10 filed years say what it did: revenue went from $164 million in fiscal 2016 to $788 million in fiscal 2025, up 19% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 3 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Upwork Inc.'s diluted share count grew about 2.5% a year, and dividends and buybacks returned about 52% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 44 sales (16 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-20 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Upwork Inc. earned about 18 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 47 cents per dollar of everything the company owns. Leverage: it owed about 51 cents per dollar of assets, and net share issuance: its share count shrank 1.7% over the year (the filed statements).

From the record

Upwork Inc.'s standing among 68 graded names in its industry family: revenue of $788 million in fiscal 2025 ranks in the top 38% by size; a net margin of 14.7% ranks in the top 29%; revenue growth of 8.4% a year over the last 3 filed years ranks in the top 40% (its annual reports).

From the record

Upwork Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Brown, Hayden (President & CEO, as filed), filing under that title since 2020-01-22, 6.8 years (top 17% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 2.5 years (bottom 19%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 38%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Upwork Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $479 million against debt of $0 thousand leaves 36.9% of its assets as net cash, top 28% of its family; cash from operations less capital spending is 30.8% of revenue (top 8%); a gross margin of 77.8% (top 21%); research spending of 23.6% of revenue (top 28%) (its annual report).

From the record

Upwork Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 8.4% a year over the last three filed years against 19% over all 10, slowing (bottom 30% of its family); the newest year grew 2.4% (bottom 29%); research spending grew 6.3% a year (top 34%); capital spending grew 66.8% a year (top 10%) (its annual reports). Upwork Inc. reported 2 product lines in fiscal 2025: Enterprise at $683 million (87%), Marketplace at $105 million (13%); 1 of 2 grew against the year before (its annual report).

From the record

Upwork Inc.'s newest year against its own record: revenue of $788 million in fiscal 2025 came in 8.2% below the $858 million its prior three years' pace pointed to (bottom 10% of its family); net income of $115 million against a prior three-year average of $58 million (top 42%); a net margin of 14.7% against 6.8% before (top 45%) (its annual reports).