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  • News bot May 7, 2026, 9:04 p.m.

    📋 UPWORK, INC (UPWK) - Financial Results

    Filing Date: 2026-05-07

    Accepted: 2026-05-07 16:32:18

    Event Type: Financial Results

    Event Details:

    UPWORK, INC (UPWK) Reports the reporting period Financial Results UPWORK, INC (UPWK) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: 51
    • Net Income: 47305
    • EPS: 0.35
    • Cash and equivalents: 535885 Management Commentary: '"This was a dynamic first quarter, where we delivered strong profitability while navigating a challenging demand environment," said Hayden Brown'

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2026 2025 Change ($) Change (%)
    Operating Expenses Other Income Net 4.99K 6.32K $-1.32K -20.98%
    Current Assets Prepaid Expenses Other Current Assets 23.97K 21.06K $2.91K +13.80%
    Current Assets Property Equipment Net 49.28K 44.42K $4.86K +10.93%
    Current Assets Intangible Assets Net 34.23K 37.16K $-2.93K -7.88%
    Current Liabilities Accounts Payable 11.09K 11.09K $0.00 +0.00%
    Changes In Operating Assets And Liabilities Prepaid Expenses Other Current Assets -3.48K -3.30K $-182.00 -5.52%
    Changes In Operating Assets And Liabilities Operating Lease Liabilities -25.00 830.00 $-855.00 -103.01%
    Changes In Operating Assets And Liabilities Accounts Payable 3.12K -1.99K $5.11K +257.22%
    Add Back Deduct Other Income Net -4.99K -6.32K $1.32K +20.98%
    Revenue 170.71K 166.29K $4.41K +2.65%
    Other Income, Net 4.99K 6.32K $-1.32K -20.98%
    Prepaid Expenses and Other Current Assets 23.97K 21.06K $2.91K +13.80%
    Property and Equipment, Net 49.28K 44.42K $4.86K +10.93%
    Intangible Assets, Net 34.23K 37.16K $-2.93K -7.88%
    Other Assets 1.89K 1.47K $425.00 +28.97%
    Accounts Payable 11.09K 7.86K $3.23K +41.16%

    💼 Business Developments:

    • Partnership
    • Acquisition
    • Licensing: Not available
    • Regulatory Approval: Not available
    • Executive Changes: Not available

    Structured Data:

    • Company Name: UPWORK, INC
    • Ticker Symbol: UPWK

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