Upwork Overview
- Year Founded
-
2014
- Status
-
Public
- Employees
-
600
- Stock Symbol
-
UPWK
- Investments
-
8
- Share Price
-
$12.92
- (As of Friday Closing)
Upwork General Information
Description
Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The business generates revenue from Talent and Clients across the USA, India, the Philippines and the rest of the world. Substantial income is derived from providing services to clients.
Contact Information
Website
www.upwork.comCorporate Office
- 530 Lytton Avenue
- Suite 301
- Palo Alto, CA 94301
- United States
Corporate Office
- 530 Lytton Avenue
- Suite 301
- Palo Alto, CA 94301
- United States
Upwork Stock Performance
As of 11-Jul-2025, Upwork’s stock price is $12.92. Its current market cap is $1.7B with 132M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $12.92 | $13.41 | $8.43 - $18.14 | $1.7B | 132M | 2.22M | $1.76 |
Upwork Financials Summary
As of 31-Mar-2025, Upwork has a trailing 12-month revenue of $771M.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 1,514,766 | 1,953,738 | 1,837,634 | 1,278,004 |
| Revenue | 771,094 | 769,325 | 689,136 | 618,318 |
| EBITDA | 120,071 | 108,077 | 61,595 | (78,213) |
| Net Income | 234,874 | 215,586 | 46,887 | (89,885) |
| Total Assets | 1,240,066 | 1,211,613 | 1,037,541 | 1,080,245 |
| Total Debt | 370,410 | 369,119 | 367,862 | 581,940 |
Upwork Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Upwork Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|
Upwork Comparisons
Industry
Financing
Details
Upwork Competitors (14)
One of Upwork’s 14 competitors is Guru.com, a Formerly Angel backed company based in Pittsburgh, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Guru.com | Formerly Angel backed | Pittsburgh, PA | ||||
| Freelancer | Formerly VC-backed | Sydney, Australia | ||||
| Graphite | Venture Capital-Backed | San Francisco, CA | ||||
| MBO Partners | Private Equity-Backed | Ashburn, VA | ||||
| Remote | Venture Capital-Backed | Wilmington, DE |
Upwork Patents
Upwork Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20220327663-A1 | Video super-resolution using deep neural networks | Pending | 13-Apr-2021 | ||
| US-10489745-B1 | Apparatus, system and method of clustering clients based on their hiring criteria in a job marketplace | Active | 07-Aug-2014 | ||
| US-10430763-B1 | Apparatus, method and system for classifying freelancers | Active | 20-Feb-2014 | ||
| US-11188876-B1 | Matching method of providing personalized recommendations and a system thereof | Active | 15-Mar-2013 | ||
| US-9842312-B1 | Digital workroom | Active | 19-Feb-2010 | G06Q10/103 |
Upwork Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Upwork Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Upwork Investments & Acquisitions (8)
Upwork’s most recent deal was a Merger/Acquisition with Objective for . The deal was made on 20-Nov-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Objective | 20-Nov-2024 | Merger/Acquisition | Software Development Applications | ||
| Headroom (Communication Software) | 29-Nov-2023 | Merger/Acquisition | Communication Software | ||
| ATeam | 17-May-2022 | Early Stage VC | Business/Productivity Software | ||
| disruptED | 01-Jul-2020 | Grant | Educational Software | ||
| Hyperscience | 16-Jan-2019 | Later Stage VC | Business/Productivity Software |
Upwork ESG
Risk Overview
Risk Rating
Updated May, 30, 2025
17.2 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,697
Rank
Percentile
Software & Services
Industry
of 944
Rank
Percentile
Enterprise and Infrastructure Software
Subindustry
of 377
Rank
Percentile
Upwork FAQs
-
When was Upwork founded?
Upwork was founded in 2014.
-
Where is Upwork headquartered?
Upwork is headquartered in Palo Alto, CA.
-
What is the size of Upwork?
Upwork has 600 total employees.
-
What industry is Upwork in?
Upwork’s primary industry is Human Capital Services.
-
Is Upwork a private or public company?
Upwork is a Public company.
-
What is Upwork’s stock symbol?
The ticker symbol for Upwork is UPWK.
-
What is the current stock price of Upwork?
As of 11-Jul-2025 the stock price of Upwork is $12.92.
-
What is the current market cap of Upwork?
The current market capitalization of Upwork is $1.7B.
-
What is Upwork’s current revenue?
The trailing twelve month revenue for Upwork is $771M.
-
Who are Upwork’s competitors?
Guru.com, Freelancer, Graphite, MBO Partners, and Remote are some of the 14 competitors of Upwork.
-
What is Upwork’s annual earnings per share (EPS)?
Upwork’s EPS for 12 months was $1.76.
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