Upwork (FRA:UP2) Marketable Securities: €217.4 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:UP2 Upwork Inc FRA:UP2
61 GF Score
Price €7.98
GF Value €12.22
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Upwork Marketable Securities?

Upwork FRA:UP2 +1.89% 61 Marketable Securities is €217.4 Mil as of Mar. 2026. GuruFocus rates FRA:UP2 with a GF Score™ of 61/100 and a GF Value™ of €12.22 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Upwork's Marketable Securities for the quarter that ended in Mar. 2026 was €217.4 Mil.

Upwork's annual Marketable Securities declined from Dec. 2023 (€431.4 Mil) to Dec. 2024 (€302.1 Mil) but then increased from Dec. 2024 (€302.1 Mil) to Dec. 2025 (€323.2 Mil).

Upwork  (FRA:UP2) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Upwork Marketable Securities Related Terms

Upwork Marketable Securities Historical Data

* Premium members only.

The historical data trend for Upwork's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Upwork Marketable Securities Chart

Upwork Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 440.35 526.03 431.41 302.11 323.18

Upwork Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 293.80 297.82 325.69 323.18 217.40
FRA:UP2
61GF Score
Upwork Inc FRA:UP2
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Upwork Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of €217.4 Mil mean?
Upwork (FRA:UP2) has a Marketable Securities of €217.4 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Upwork and its competitors.
Is Upwork's Marketable Securities too high?
Upwork's current Marketable Securities is €217.4 Mil. Overall, Upwork has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Upwork's Marketable Securities compare to GRPN and NXDR?
Upwork's Marketable Securities of €217.4 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for an Interactive Media company?
A good Marketable Securities depends on the Interactive Media industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Upwork and its competitors. Upwork's current Marketable Securities is €217.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upwork stock overvalued right now?
Based on GuruFocus' analysis, Upwork (FRA:UP2) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.22, compared to a current price of €7.98 — trading 34.7% below its estimated fair value. The current Marketable Securities is €217.4 Mil. Upwork's overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Upwork (FRA:UP2), the current Marketable Securities is €217.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Upwork (FRA:UP2) Overvalued in 2026?

Based on GuruFocus' analysis, Upwork stock appears to be undervalued. The current stock price of €7.98 is trading 34.7% below its estimated GF Value™ of €12.22. GuruFocus considers Upwork to be Significantly Undervalued.

Key valuation signals for FRA:UP2:

  • Marketable Securities: €217.4 Mil
  • GF Value™: €12.22 vs. price of €7.98 (34.7% below fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the FRA:UP2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Upwork Business Description

Address 530 Lytton Avenue, Suite 301, Palo Alto, CA, USA, 94301
Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes and connects businesses with AI-enabled talent across every on-demand work type, including freelance, agency, fractional, and payrolled. The business generates revenue from Talent and Clients across the USA, India, Pakistan, the Philippines and the rest of the world. Maximum revenue of the company is derived from Talent segment.
61GF Score

Get the complete analysis for FRA:UP2

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.98
Price
€12.22
GF Value