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)
| 03-2026 | 12-2025 | 09-2025 | 06-2025 | 03-2025 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 31,461 | 115,425 | 99,791 | 70,456 | 37,730 |
| Depreciation Amortization | 8,106 | 20,095 | 14,932 | 8,542 | 3,580 |
| Income taxes - deferred | 93 | 18,493 | -399 | 2,064 | 0 |
| Accounts receivable | -784 | -3,284 | -1,654 | 360 | -3,535 |
| Accounts payable and accrued liabilities | 3,124 | -1,160 | -504 | -5,075 | -1,987 |
| Other Working Capital | -34,196 | 21,400 | 15,926 | -3,801 | -18,871 |
| Other Operating Activity | 15,215 | 77,290 | 56,466 | 36,933 | 20,048 |
| Operating Cash Flow | $23,019 | $248,259 | $184,558 | $109,479 | $36,965 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -1,723 | -5,790 | -5,335 | -4,853 | -2,472 |
| Net Acquisitions | N/A | -58,406 | -59,846 | -20,410 | N/A |
| Purchase Of Investment | 0 | -485,178 | -365,939 | -259,148 | -50,708 |
| Sale Of Investment | 128,326 | 431,784 | 306,326 | 235,948 | 51,660 |
| Purchase Sale Intangibles | -8,391 | -19,349 | -13,376 | -8,210 | -3,703 |
| Other Investing Activity | -8,391 | -19,349 | -13,376 | -8,210 | -3,703 |
| Investing Cash Flow | $118,212 | $-136,939 | $-138,170 | $-56,673 | $-5,223 |
| Cash Flows From Financing Activities | |||||
| Common Stock Issued | 83 | 4,685 | 2,928 | 2,852 | 652 |
| Common Stock Repurchased | -107,891 | -135,959 | -101,923 | -70,922 | -33,054 |
| Other Financing Activity | 23,554 | -6,731 | 23,025 | 16,574 | 19,258 |
| Financing Cash Flow | $-84,254 | $-138,005 | $-75,970 | $-51,496 | $-13,144 |
| Beginning Cash Position | 478,908 | 505,593 | 505,593 | 505,593 | 505,593 |
| End Cash Position | 535,885 | 478,908 | 476,011 | 506,903 | 524,191 |
| Net Cash Flow | $56,977 | $-26,685 | $-29,582 | $1,310 | $18,598 |
| Free Cash Flow | |||||
| Operating Cash Flow | 23,019 | 248,259 | 184,558 | 109,479 | 36,965 |
| Capital Expenditure | -1,723 | -5,790 | -5,335 | -4,853 | -2,472 |
| Free Cash Flow | 21,296 | 242,469 | 179,223 | 104,626 | 34,493 |