Revenue segments as reported by the company.

Marketplace

Managed Services

Enterprise

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for transaction losses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Upwork Inc

Upwork, Inc. operates an online marketplace that enables businesses to find, hire, and pay freelancers for short-term and longer-term projects. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The company was founded by Odysseas Tsatalos and Efstratios Karamanlakis in December 2013 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q3 2024

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Upwork reports robust Q4 earnings, eyes AI talent market growth

Upwork's Q4 2022 performance showcased revenue growth, strong brand awareness, and expansion in the Enterprise segment. While facing challenges in client acquisition and retention, the company is leveraging opportunities in the AI talent market and organizational restructuring for future success.

Upwork surpasses Q1 revenue expectations, eyes AI for growth

Upwork's Q1 performance exceeded expectations, showcasing growth and profitability initiatives. While facing challenges from macroeconomic uncertainty, the company remains focused on leveraging AI and optimizing Enterprise sales. Opportunities lie in AI-driven efficiency gains and targeting high-value Enterprise segments.

Upwork reports solid Q2 earnings, expands AI services with OpenAI

Upwork's Q2 2023 performance reflects steady revenue growth, operational efficiency, and a strong market presence, underpinned by strategic investments in AI and new client acquisitions.
The company's focus on sustainable profitability, innovative partnerships, and expanding service offerings positions it well for future growth and value creation for shareholders.
While facing challenges in talent scalability and operational balancing, Upwork's proactive approach to addressing these issues and seizing growth opportunities bodes well for its long-term success.

Upwork surpasses Q3 expectations with AI investments driving growth

Upwork's Q3 2023 performance exceeded expectations, driven by AI investments and strong revenue growth. Challenges include macroeconomic uncertainties and balancing margin accretion with growth investments. Opportunities lie in strategic brand investments, sales optimization, and education partnerships to drive growth and strengthen competitiveness.

Upwork reports robust Q4 earnings, eyes AI innovation for growth

Upwork's Q4 2023 performance reflects strong revenue growth, record net income, and successful AI investments and partnerships, positioning the company for future success.
While challenges like revenue moderation and expense optimization exist, opportunities in AI innovation, advertising products, and strategic investments offer avenues for growth.
Overall, Upwork's financial strength, focus on innovation, and confidence in driving profitability and cash flow growth underscore a positive outlook for the company's future.

Upwork reports strong Q1 earnings, eyes AI growth opportunities

Upwork's Q1 2024 showcased robust financial performance, profitability focus, and strategic growth initiatives.
The company's emphasis on AI capabilities, partnerships, and revenue diversification positions it well for sustained growth.
Challenges in AI-related premium wages moderation and client retention strategies require attention for long-term success.

Upwork reports solid Q2 results, focuses on innovation and margin growth

Upwork's Q2 performance showed revenue growth but faced challenges from macroeconomic conditions. The company's strengths lie in its marketplace model, AI-related work success, and high gross margins. Opportunities exist in strategic investments for growth and margin expansion.

Upwork reports robust Q3 earnings, eyes AI growth and efficiency

Upwork's Q3 2024 performance reflects strong revenue growth, operational efficiency, and strategic initiatives to drive client engagement and platform enhancements.
While macroeconomic challenges pose concerns, the company's focus on AI, Business Plus, and cost savings positions it well for sustained growth and innovation.
With increased revenue guidance and a focus on AI capabilities, Upwork is poised to navigate challenges and leverage opportunities for future expansion and success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Upwork, Inc. is an online marketplace that enables businesses to find, hire, and pay freelancers for short-term and longer-term projects. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The company was founded by Odysseas Tsatalos and Efstratios Karamanlakis in December 2013 and is headquartered in Palo Alto, CA.

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Uber

If your favorite restaurant can't seat you because it's understaffed or your airline canceled a flight because of a workforce shortage don't blame the people that aren't there. They've moved on.

7 Stocks Winning the Hiring Crisis of 2021

SAN FRANCISCO--(BUSINESS WIRE)--Upwork Inc. (Nasdaq: UPWK), the world's work marketplace, and the Economic Innovation Group (EIG) announced today that they will co-host a three-part virtual event series exploring the long-term economic, policy, and geographic impacts of remote work. The series, titled “Rise of Remote: Exploring Trends in Remote Work Post-COVID,” will kick off June 16, 2021. “The pandemic is the most action-forcing event the American workforce has experienced in decades, acceler

Upwork and Economic Innovation Group to Co-Host Remote Work Event Series Exploring Post-COVID Trends

Both these companies have seen strong revenue growth, and it doesn't seem as if that growth will be stopping anytime soon.

2 Stocks Benefiting From Businesses' Increasing Investments in Freelance Talent

Event to be Webcast Live on the Upwork Investor Relations Website Event to be Webcast Live on the Upwork Investor Relations Website

Upwork to Host Virtual Investor Day on June 15, 2021

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he gig economy is expected to grow three times faster than the traditional workforce. Upwork has recorded attractive growth rates.

Upwork: A Great Long-Term Growth Play

SAN FRANCISCO--(BUSINESS WIRE)--Upwork Inc. (Nasdaq: UPWK), the world's work marketplace, and Budweiser today announced a partnership to champion America's diverse workforce by tapping into the country's extraordinary creative freelancers to reimagine the design of limited-edition Labor Day can packaging. Upwork invites Creative Directors to apply to work together with Budweiser on the Labor Day custom limited edition packaging here. The winning Creative Director will assemble and lead a team o

Upwork Announces Upwork CoLab, A New Brand Partnership Program Designed to Connect Freelancers with Visionary Brands

SAN FRANCISCO--(BUSINESS WIRE)--Upwork (Nasdaq: UPWK), the world's work marketplace that connects businesses with independent talent, today announced the launch of Talent Scout™, a recruiting solution that connects companies with pre-vetted expert talent selected from the Upwork platform by specialized Upwork recruiters. Talent Scout represents an additional way to access and engage talent and is part of Upwork's ongoing focus on offering a dynamic, one-stop online talent solution serving custo

Upwork Introduces Talent Scout™

Booking Hlds

Cincinnati Financial

A stock market crash would be disastrous for the United States, but it could provide an opportunity for investors to buy solid stocks at bargain prices.

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Event to be Audio Webcast on the Upwork Investor Relations Website Event to be Audio Webcast on the Upwork Investor Relations Website

Upwork To Present at the Stifel 2021 Cross Sector Insight Conference

Upwork's revenue growth accelerated during the first quarter of 2021 as a result of what appears to be a long-lasting tailwind resulting from the pandemic.

Upwork: The Future Of Work Seems Brighter Than Ever

The company beat on earnings, but lost in early Wednesday trading.

Why Upwork Stock Dropped After Earnings

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Upwork Inc. (UPWK) CEO Hayden Brown on Q1 2021 Results - Earnings Call Transcript

Shares of Upwork (NASDAQ:UPWK) fell in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 33.33% over the past year to ($0.06), which missed the estimate of ($0.04).

Recap: Upwork Q1 Earnings

SAN FRANCISCO--(BUSINESS WIRE)--Upwork Inc. (Nasdaq: UPWK) today announced a new industry category - the work marketplace - which enables freelancing to reach its full potential by giving freelancers and companies multiple ways to Upwork, making it easy for them to connect and build trusted, long-term relationships that help them achieve more together. “While others have relegated freelancing to ‘gig' jobs with weak pay, poor quality work, and a general culture of impermanence, we have always e

Upwork Introduces Work Marketplace

SAN FRANCISCO--(BUSINESS WIRE)--Upwork Inc. (Nasdaq: UPWK), the world's work marketplace that connects businesses with independent talent, today announced an entirely refreshed brand, tagline, and global campaign to advance how it attracts and engages with the world's best freelancers and companies of all sizes. Freelancing is far more the norm than ever before and the pandemic has only accelerated the trend. As companies learn to navigate the new work landscape, Upwork is setting out to solve

Upwork Rebrands, Launches Global Campaign Reflecting the New Way We Work

SAN FRANCISCO, May 04, 2021 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced its first quarter 2021 financial results.

Upwork Reports First Quarter 2021 Financial Results

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Upwork (UPWK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Upwork (UPWK) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

iRobot

iRobot Corporation (NASDAQ:IRBT), Upwork Inc. (NASDAQ:UPWK), and Etsy, Inc. (NASDAQ:ETSY) are all trending lower and the charts look like these downtrends will continue. iRobot is testing an important support at the $110 level.

3 Top Stocks That Could Breakdown This Week

Upwork is an intermediary between freelancers looking for work and clients looking for freelancers. For connecting the two sides online, as well as providing escrow and other services, it takes a fee. Revenue grew significantly in 2020, but the company was not profitable because of heavy spending on research and development and sales and marketing. It has signaled more of the same.

Upwork Chooses More Growth Rather Than Profitability

Upwork saw its IBD SmartSelect Composite Rating rise to 96 Wednesday, up from 94 the day before. The post Upwork Joins Rank Of Stocks With 95-Plus Composite Rating appeared first on Investor's Business Daily.

Upwork Joins Rank Of Stocks With 95-Plus Composite Rating

Upwork To Report First Quarter 2021 Financial Results on May 4, 2021

Is (UPWK) Outperforming Other Computer and Technology Stocks This Year?

News for Upwork Inc Stock (UPWK)