Upwork Inc.

UPWK · NASDAQ
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$769$689$618$503
% Growth11.6%11.5%23%
Cost of Goods Sold$174$170$160$136
Gross Profit$595$519$458$367
% Margin77.4%75.3%74.1%73%
R&D Expenses$209$177$155$119
G&A Expenses$129$119$124$113
SG&A Expenses$314$340$371$296
Sales & Mktg Exp.$185$221$247$183
Other Operating Expenses$7$13$25$6
Operating Expenses$530$530$551$422
Operating Income$65-$11-$93-$54
% Margin8.5%-1.6%-15%-10.8%
Other Income/Exp. Net$25$60$3-$2
Pre-Tax Income$90$49-$89-$56
Tax Expense-$125$2$1$0
Net Income$216$47-$90-$56
% Margin28%6.8%-14.5%-11.2%
EPS1.610.35-0.69-0.44
% Growth360%150.7%-56.8%
EPS Diluted1.520.34-0.69-0.44
Weighted Avg Shares Out134135131127
Weighted Avg Shares Out Dil143137131127
Supplemental Information
Interest Income$31$0$0$0
Interest Expense$3$0$4$2
Depreciation & Amortization$18$13$11$14
EBITDA$83$1-$81-$40
% Margin10.8%0.2%-13.2%-8%