Upwork Inc.
UPWK · NASDAQ
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $29,335 | $32,726 | $37,730 | $147,166 |
| Dep. & Amort. | $8,125 | $6,062 | $5,063 | $5,922 |
| Deferred Tax | -$2,463 | $2,064 | $0 | $0 |
| Stock-Based Comp. | $0 | $15,977 | $12,272 | $13,633 |
| Change in WC | $19,727 | $15,070 | -$18,871 | -$28,971 |
| Other Non-Cash | $20,355 | $615 | $771 | -$129,261 |
| Operating Cash Flow | $75,079 | $72,514 | $36,965 | $8,489 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$5,648 | -$2,381 | -$2,472 | -$1,549 |
| Net Acquisitions | -$39,436 | -$20,410 | $0 | $0 |
| Inv. Purchases | -$106,791 | -$210,001 | -$50,708 | -$127,818 |
| Inv. Sales/Matur. | $70,378 | $184,288 | $51,660 | $124,977 |
| Other Inv. Act. | $0 | -$2,946 | -$3,703 | -$16,649 |
| Investing Cash Flow | -$81,497 | -$51,450 | -$5,223 | -$21,039 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $0 | $0 | $0 | $0 |
| Stock Issued | $2,275 | $1 | $0 | $0 |
| Stock Repurch. | -$31,001 | -$37,868 | -$33,054 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Fin. Act. | $4,252 | -$485 | $19,910 | $11,277 |
| Financing Cash Flow | -$24,474 | -$38,352 | -$13,144 | $11,277 |
| Forex Effect | $660 | $0 | $0 | $0 |
| Net Chg. in Cash | -$30,232 | -$17,288 | $18,598 | -$1,273 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $291,070 | $524,191 | $505,593 | $506,866 |
| End Cash | $260,838 | $506,903 | $524,191 | $505,593 |
| Free Cash Flow | $69,431 | $70,133 | $30,790 | $4,624 |