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UPWK (Upwork) Revenue : $761.8 Mil (TTM As of Sep. 2024)


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What is Upwork Revenue?

Upwork's revenue for the three months ended in Sep. 2024 was $193.8 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $761.8 Mil. Upwork's Revenue per Share for the three months ended in Sep. 2024 was $1.39. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $5.40.

During the past 12 months, the average Revenue per Share Growth Rate of Upwork was 9.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 16.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 8 years, Upwork's highest 3-Year average Revenue per Share Growth Rate was 20.10% per year. The lowest was -6.50% per year. And the median was 16.80% per year.


Upwork Revenue Historical Data

The historical data trend for Upwork's Revenue 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.

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Upwork Revenue Chart

Upwork Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 300.56 373.63 502.80 618.32 689.14

Upwork Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue 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 175.73 183.93 190.94 193.13 193.78

Competitive Comparison of Upwork's Revenue

For the Internet Content & Information subindustry, Upwork's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Upwork's Revenue Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Upwork's Revenue distribution charts can be found below:

* The bar in red indicates where Upwork's Revenue falls into.



Upwork Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $761.8 Mil.

* 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  (NAS:UPWK) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Upwork Revenue Related Terms

Thank you for viewing the detailed overview of Upwork's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Upwork Business Description

Traded in Other Exchanges
Address
475 Brannan Street, Suite 430, San Francisco, CA, USA, 94107
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. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The business generates revenue from Talent and Clients across the USA, India, the Philippines and the rest of the world. Substantial income is derived from providing services to clients.
Executives
Hayden Brown director, officer: President & CEO C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Olivier Marie officer: Chief Accounting Officer C/O UPWORK, INC., 475 BRANNAN STREET SUITE 430, SAN FRANCISCO CA 94107
Erica Gessert officer: Chief Financial Officer C/O UPWORK INC., 475 BRANNAN STREET, SUITE 430, SAN FRANCISCO CA 94107
Elizabeth A Nelson director MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Gary Steele director C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Jeff Mccombs officer: Chief Financial Officer C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Eric Gilpin officer: Senior VP, Sales C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Leela Srinivasan director C/O UPWORK, INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Kevin Harvey director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Thomas Layton director, other: Chairman C/O TICKETMASTER ONLINE CITYSEARCH INC, 790 E COLORADO BLVD STE 200, PASADENA CA 91101
Anilu Vazquez-ubarri director C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Gregory C. Gretsch director C/O RESPONSYS, INC., 900 CHERRY AVENUE, 5TH FLOOR, SAN BRUNO CA 94066
Brian K Kinion officer: Chief Financial Officer C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Stephane Kasriel director C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Han-shen Yuan officer: SVP, Engineering C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043