Upwork Inc (UPWK)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2025 | 09-2025 | 06-2025 | 03-2025 | 12-2024 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 115,425 | 99,791 | 70,456 | 37,730 | 215,586 |
| Depreciation Amortization | 20,095 | 14,932 | 8,542 | 3,580 | 7,581 |
| Income taxes - deferred | 18,493 | -399 | 2,064 | N/A | -129,258 |
| Accounts receivable | -3,284 | -1,654 | 360 | -3,535 | -4,802 |
| Accounts payable and accrued liabilities | -1,160 | -504 | -5,075 | -1,987 | 969 |
| Other Working Capital | 21,400 | 15,926 | -3,801 | -18,871 | -14,992 |
| Other Operating Activity | 77,290 | 56,466 | 36,933 | 20,048 | 78,479 |
| Operating Cash Flow | $248,259 | $184,558 | $109,479 | $36,965 | $153,563 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -5,790 | -5,335 | -4,853 | -2,472 | -3,528 |
| Net Acquisitions | -58,406 | -59,846 | -20,410 | N/A | -14,333 |
| Purchase Of Investment | -485,178 | -365,939 | -259,148 | -50,708 | -362,322 |
| Sale Of Investment | 431,784 | 306,326 | 235,948 | 51,660 | 528,667 |
| Purchase Sale Intangibles | -19,349 | -13,376 | -8,210 | -3,703 | -10,916 |
| Other Investing Activity | -19,349 | -13,376 | -8,210 | -3,703 | -10,916 |
| Investing Cash Flow | $-136,939 | $-138,170 | $-56,673 | $-5,223 | $137,568 |
| Cash Flows From Financing Activities | |||||
| Common Stock Issued | 4,685 | 2,928 | 2,852 | 652 | 8,088 |
| Common Stock Repurchased | -135,959 | -101,923 | -70,922 | -33,054 | -100,000 |
| Other Financing Activity | -6,731 | 23,025 | 16,574 | 19,258 | 9,956 |
| Financing Cash Flow | $-138,005 | $-75,970 | $-51,496 | $-13,144 | $-81,956 |
| Beginning Cash Position | 505,593 | 505,593 | 505,593 | 505,593 | 296,418 |
| End Cash Position | 478,908 | 476,011 | 506,903 | 524,191 | 505,593 |
| Net Cash Flow | $-26,685 | $-29,582 | $1,310 | $18,598 | $209,175 |
| Free Cash Flow | |||||
| Operating Cash Flow | 248,259 | 184,558 | 109,479 | 36,965 | 153,563 |
| Capital Expenditure | -5,790 | -5,335 | -4,853 | -2,472 | -3,528 |
| Free Cash Flow | 242,469 | 179,223 | 104,626 | 34,493 | 150,035 |