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.
Company Info
SIC7374
Composite FIGIBBG00FBJ6390
CIK0001627475
IPOOct 3, 2018
Sectorservices-computer processing & data preparation
The chart shows the growth of an initial investment of $10,000 in Upwork Inc. Common Stock, comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
Upwork Inc. Common Stock (UPWK) has returned -44.75% so far this year and -3.10% over the past 12 months. Looking at the last ten years, UPWK has achieved an annualized return of -7.16%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
UPWK
1M-17.81%
6M-36.91%
YTD-44.75%
1Y-3.10%
5Y-25.55%
10Y-7.16%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Upwork Inc. Common Stock (UPWK) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
1.16%
-32.97%
-15.24%
-2.41%
2025
-4.48%
3.37%
-17.98%
1.39%
16.91%
-13.23%
-10.75%
30.87%
22.33%
-13.35%
22.61%
2.43%
2024
-6.42%
-5.24%
-6.55%
-4.49%
-10.65%
0.19%
12.74%
-20.66%
8.97%
29.51%
23.51%
-3.99%
2023
21.80%
-13.63%
-0.70%
-14.78%
-14.32%
14.18%
11.55%
44.21%
-23.24%
-7.77%
37.33%
6.25%
2022
-20.77%
-7.94%
-8.50%
-10.50%
-12.01%
12.70%
-10.60%
-6.00%
-20.26%
-1.32%
-11.87%
-15.74%
2021
18.06%
28.65%
-19.68%
0.26%
0.62%
22.79%
-11.88%
-12.78%
0.07%
1.18%
-22.16%
-10.11%
2020
-11.05%
-5.40%
-25.52%
31.80%
55.11%
16.36%
3.09%
-0.72%
13.25%
3.77%
77.44%
3.51%
2019
8.18%
23.58%
-21.04%
5.38%
-25.10%
7.63%
0.86%
-12.10%
-6.70%
12.91%
-22.59%
-8.41%
2018
-16.52%
-3.87%
-6.26%
Performance Indicators
The charts below present risk-adjusted performance metrics for Upwork Inc. Common Stock (UPWK) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of UPWK compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Upwork Inc. Common Stock volatility is 2.84%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
2025
2024
2023
2022
2021
2020
2019
2018
Liabilities And Equity (USD)
1.30B
1.21B
1.04B
1.08B
1.08B
529.23M
446.38M
391.57M
Temporary Equity Attributable To Parent (USD)
-
-
-
-
-
-
-
-
Temporary Equity (USD)
-
-
-
-
-
-
-
-
Equity Attributable To Parent (USD)
630.32M
575.38M
381.08M
248.88M
259.52M
299.31M
259.42M
243.75M
Equity Attributable To Noncontrolling Interest (USD)
The article identifies 9 US stocks that have fallen 25-43% year-to-date, showing oversold technical signals while trading 30-66% below estimated fair value. In a volatile market environment marked by Middle East tensions and high interest rates, the author argues these stocks present value investing opportunities for patient investors. Two highlighted examples are Upwork, a freelancing platform facing short-term growth concerns but with improving profitability, and Inspire Medical Systems, a neurostimulation device maker with strong fundamentals in a growing market.
Investing.com•David Wagner
AI Insight
Stock has fallen recently due to slower growth concerns, but the company shows improving profitability and stronger cash flows. Positioned as a strong business under short-term pressure with good long-term potential as freelance work and AI adoption rise.
Fiverr could benefit from the growing gig economy and AI-related services demand, but faces significant headwinds including slowing revenue growth (10% YoY in 2025), declining active buyers (down 13.6% YoY to 3.1 million), and intense competition. The article concludes Fiverr lacks the sustained strong financial performance and market moat needed to be considered a multimillionaire-maker stock.
The Motley Fool•Prosper Junior Bakiny
AI Insight
Mentioned as a larger competitor to Fiverr in the gig economy space. No specific analysis or performance data provided about Upwork itself, only noted as a competitive threat to Fiverr's market position.
Upwork shares rose 6.90% on Wednesday following the announcement of a new $300 million share repurchase program approved by its board. The company reported record financial results in 2025 and a return to gross services volume growth. However, technical analysis shows the stock remains in a bearish trend, trading below its moving averages with mixed momentum signals despite being oversold.
Benzinga•Lekha Gupta
AI Insight
While the $300 million buyback announcement and record 2025 results are positive catalysts driving a 6.90% daily gain, the stock remains in a bearish technical trend, trading 23-24% below key moving averages with a 17% decline over 12 months. The oversold RSI suggests potential rebound, but overall momentum remains negative despite the positive news.
Zoom launched the Solopreneur 50 List (ZSP50), a recognition and grant program honoring 50 solo business leaders across the U.S. who leverage AI to scale their ventures. Nominations are open until February 13, 2026. The initiative highlights that 82% of U.S. small businesses operate without employees, with 64% of solopreneurs stating they couldn't operate without AI. Survey data shows 91% of small businesses achieved ROI on AI investments within one year, with AI helping reduce costs (82%), increase customer acquisition (91%), and improve retention (87%).
GlobeNewswire Inc.•
AI Insight
Upwork is mentioned as a research partner in the survey of small businesses and solopreneurs regarding AI adoption. While the partnership indicates relevance to the solopreneur ecosystem, the mention is limited to survey collaboration with no direct business impact or strategic implications discussed.
Upwork is experiencing a resurgence in 2025, driven by revenue growth, successful AI integration, and technical market trends, despite potential challenges from shrinking gig volumes and broader labor market weaknesses.
Investing.com•Dan Schmidt
AI Insight
Company has shown revenue growth, record profit margins, successful AI adaptation, and technical market indicators suggesting potential stock price appreciation
Fiverr's stock is underperforming in 2025 due to investor concerns about artificial intelligence's potential impact on its gig economy platform, which focuses on a narrow customer segment.
The Motley Fool•Parkev Tatevosian, Cfa
AI Insight
Mentioned in related articles, but no specific sentiment details provided in the main article text
Upwork held its 2025 Investor Day, presenting a long-term growth strategy focused on AI-powered workflows. The company expects 4-6% GSV growth in 2026 and introduced new 2028 financial targets with 13-15% revenue CAGR.
Benzinga•Evette Mitkov
AI Insight
Company outlined ambitious growth plans, introduced AI strategy, projected strong financial growth for 2026 and 2028, and stock price surged 7% following the investor day presentation
Upwork's October hiring report reveals a 30% increase in customer-facing skills hiring, with 78% of businesses planning to hire independent talent. The report highlights growing demand for AI-enabled skills, flexible workforce solutions, and strategic creative talent.
GlobeNewswire Inc.•Upwork Research Institute
AI Insight
Report demonstrates strong market demand for Upwork's services, growing AI and flexible talent adoption, and increasing business reliance on independent professionals
U.S. stock futures declined on Tuesday, with market concerns around an AI bubble and potential economic impacts from the government shutdown. Several tech and service companies reported earnings, with mixed results driving market volatility.
Benzinga•Rishabh Mishra
AI Insight
Jumped 18.30% after reporting better-than-expected Q3 results and raising FY25 guidance
Investors are worried that Upwork might lose clients due to the increasing adoption of artificial intelligence technologies, potentially impacting the company's business model.
The Motley Fool•Parkev Tatevosian, Cfa
AI Insight
Investors are concerned about potential client loss due to AI technologies replacing traditional freelance work, suggesting a challenging future for the platform
