UPWORK INC (UPWK)
Industrials · Talent marketplace and contingent workforce platform · NASDAQ
Upwork is a global AI-powered talent marketplace and enterprise workforce platform connecting millions of independent professionals and businesses across 180+ countries.
What UPWORK INC does
Upwork connects businesses with global talent across multiple work types—freelance, agency, fractional, and payrolled—through its AI-enabled marketplace and enterprise workforce platform. The company operates the Upwork Marketplace, a human and AI-powered work marketplace linking clients with independent talent across 10,000+ skills, and Lifted, an enterprise platform for sourcing, contracting, managing, and paying contingent workers. Revenue is generated through talent service fees, client marketplace fees, ads and monetization products, and enterprise solutions serving clients ranging from small businesses to Fortune 100 companies.
Themes: ["Freelance / gig work platform","Enterprise contingent workforce management","AI-powered talent matching","Remote work infrastructure","SMB workforce solutions"]
Fundamentals
- Price$8.68 as of 2026-07-09 close
- Market cap$1.1B as of 2026-07-10
- 1-year return-36.6% as of 2026-07-09 close
- P/E9.75 as of 2026-07-10
- Net margin+13.8% as of 2026-07-10
- Gross margin+77.5% as of 2026-07-10
- ROE+17.9% as of 2026-07-10
- Debt / equity0.63 as of 2026-07-10
- Revenue growth (YoY)+2.5% as of 2026-07-10
- Revenue CAGR (3y)+8.4% SEC XBRL
- Beta1.03 as of 2026-07-10
Key risks (from latest filing)
["Marketplace revenue growth slowed to 3% YoY; enterprise revenue declined 6% in Q1 2026 due to reduced customer acquisition efforts during Lifted platform transition","Dependence on continued monetization expansion through ads products and pricing optimization; potential for client or talent base resistance to fee increases","Market exposure to economic downturns that reduce business hiring activity and discretionary spending on freelance talent"]
Competitors & peers
- Fiverr (FVRR)
- Toptal
- PeoplePerHour
- Guru
- Freelancer.com
- LinkedIn (Microsoft)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.