Name: UPWK Balance Sheet - Upwork Assets & Debt | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Total Assets, Current Assets, Cash and Equivalents, Total Liabilities, Long-term Debt, Short-term Debt, Shareholders Equity, Working Capital, Book Value Per Share

JavaScript is disabled. Some features may not work properly. For the best experience, please enable JavaScript in your browser.

UPWK - Upwork, Inc.

USD | NASDAQ | Technology

UPWK Balance Sheet - Upwork Assets & Debt | Ledgeburg

(in millions of USD)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q4 FY 16	Q4 FY 15
Cash And Short Term Investments
Cash And Equivalents	328.4	294.4	260.8	291.1	304.4	305.8	288.5	182.8	24.7	79.6	146.8	154.1	102.0	129.4	156.4

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015
Cash And Short Term Investments
Cash And Equivalents	294.4	305.8	79.6	129.4	187.2	94.1	48.4	129.1	21.6	-	-
Restricted Cash	3.6	3.6	3.6	3.6	3.2	2.3	1.7	2.2	1.8	-	-
Short Term Investments	378.4	316.3	470.5	557.2	497.6	75.6	85.5	0.0	-	-	-
Cash And Short Term Investments	672.8	622.1	550.1	686.6	684.8	169.7	133.9	129.1	21.6	-	-
Receivables
Accounts Receivable	76.2	75.5	103.1	64.9	66.8	47.0	30.2	22.3	30.8	-	-
Current Assets
Inventory	-	-	-	-	-	-	-	-	-	-	-
Prepaid Expenses	21.1	17.7	17.8
Non-Current Assets
Property, Plant & Equipment Gross	99.9	74.4	68.1	54.9	46.2	43.5	29.4	17.8	11.4	-	-
Accumulated Depreciation	55.5
Current Liabilities
Accounts Payable	7.9	6.1	5.1	7.5	5.0	6.5	0.7	2.1	0.5	-	-
Short Term Debt	359.8	0.0	-
Non-Current Liabilities
Long Term Debt	0.0	357.9	356.1	564.3	561.3	3.1	10.7	18.2	23.5	-	-
Operating Lease Liabilities Non-Current	9.7	9.6
Common Equity
Common Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-	-
Additional Paid In Capital	-	-	-
Supplementary Data
Total Debt	359.8	357.9	356.1	564.3	561.3	10.7	18.3	23.9	33.8	-	-
Net debt	(313.0)	(264.2)	(194.0)

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Receivables
Accounts Receivable	75.9	76.2	76.4	71.2	77.9	75.5	69.4	116.5	114.4	103.1	60.3	66.3	59.3	64.9	67.1	69.9	62.0	66.8	58.2	62.2	51.9	47.0	39.9	33.2	35.3	30.2	32.0	51.4	48.3	22.3	41.6	-	-	30.8	-	-

Current Assets
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid Expenses	24.0	21.1	18.0	21.1	22.1	17.7	19.4	22.7	20.1	17.8	16.5	19.4	19.5	17.9	16.9	18.4	18.2	17.2
Other Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets Held For Sale	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets	883.3	950.8	949.0	939.0	938.0	911.1	904.3	855.7	848.0	883.4	810.0	780.0	767.8	930.9	929.7	944.3

Non-Current Assets
Property, Plant & Equipment Gross	110.7	99.9	91.3	84.6	81.8	74.4	79.9	75.1	70.8	68.1	65.0	61.5	57.9	54.9	52.3	49.7	47.8	46.2	45.2	44.1	45.8	43.5	41.0	38.6	34.5	29.4	27.8	25.3	19.9	17.8	15.2	-	-	11.4	-	-
Accumulated Depreciation	61.4	55.5	50.9	46.5	46.9	44.4	50.0	46.9	43.7	41.0	38.3	36.6	34.8	32.8	30.8	28.9	26.9
Property,Plant & Equipment Net	49.3	44.4	40.4	38.1	34.9	30.1	29.9	28.1	27.1	27.1	26.7	24.9	23.1	22.1	21.5	20.8
Long Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity Method Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill	149.2	149.2	150.5	141.5	121.1	121.1	118.2	118.2	118.2	118.2	118.2	118.2	118.2	118.2	118.2	118.2	118.2	118.2
Intangible Assets	34.2	37.2	39.7	9.5	11.2	13.0	1.9	2.3	2.7	3.0	-	-	-	-	-	-	-	-
Operating Lease Right Of Use Assets	12.7	5.0	5.2	5.4	5.6	5.8	6.4	2.6	3.5	4.3	5.2	6.0	6.8	7.6	8.4	9.2
Deferred Tax Assets	111.4	111.5	125.1	126.7	127.8	128.8	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Assets	1.9	1.5	1.5	1.5	1.6	1.9	2.0	1.6	1.3	1.4	1.4	1.5	2.1	1.5	1.4	1.5	1.7
Total Non-Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	1,242.0	1,299.6	1,311.2	1,261.7	1,240.1	1,211.6	1,062.7	1,008.6	1,000.8	1,037.5	961.4	930.6	918.1	1,080.2	1,079.2	1,094.0

Current Liabilities
Accounts Payable	11.1	7.9	8.5	1.0	4.1	6.1	5.6	5.9	5.9	5.1	1.7	4.2	4.2	7.5	5.4	5.3	10.3	5.0	3.4	8.6	12.1	6.5	5.7	5.2	1.7	0.7	2.9	1.5	1.5	2.1	5.5	-	-	0.5	-	-
Short Term Debt	360.2	359.8	359.3	-	-	0.0	-	-	-	-	-	-	-	-	0.0	0.0	0.0	0.0
Deferred Revenue Current	8.2	7.8	7.9	7.8	7.5	7.3	8.8	10.8	14.0	17.4	21.2	24.1	25.6	25.1	24.9	24.0	23.5
Operating Lease Liabilities Current	4.0	1.7	1.7	1.6	1.6	1.6	2.8	3.8	9.6	5.7	9.4	11.5	15.3	8.9	6.5	6.4
Accrued Expenses	16.2	51.9	39.4	25.9	14.2	30.7	26.6	18.6	14.3	25.9	17.7	11.3	8.0	17.2	-	-	-	-
Other Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	647.2	650.2	660.5	279.6	274.7	268.4	284.4	285.1	289.5	293.0	253.1	254.7	256.8	247.7	252.0

Non-Current Liabilities
Long Term Debt	360.2	359.8	0.0	358.8	358.4	357.9	357.5	357.0	356.5	356.1	355.6	355.2	354.7	564.3	563.5	562.8	562.0	561.3	560.6	0.6	1.3	3.1	5.0	6.9	8.8	10.7	12.6	14.5	16.4	18.2	19.3	-	-	23.5	-	-
Operating Lease Liabilities Non-Current	15.2	9.7	10.1	10.4	10.4	9.6	9.2	4.8	5.3	6.1	6.9	8.2	9.7	11.2	12.6	14.0
Deferred Revenue Non-Current	-	-	-	-	-	-	0.0	0.0	0.1	0.8	2.5	5.1	7.4	7.6	7.8	6.7	6.5
Deferred Tax Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension Obligations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Liabilities	9.9	9.4	12.5	4.2	2.3	0.3	0.4	0.5	0.6	1.3	2.9	5.5	7.9	8.2	8.5	7.5
Total Non-Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities	672.3	669.3	683.1	653.1	645.7	636.2	651.5	647.5	651.9	656.5	618.5	623.6	629.1	831.4	836.6	847.7

Supplementary Data
Total Debt	720.5	719.5	359.3	358.8	358.4	357.9	357.5	357.0	356.5	356.1	355.6	355.2	354.7	564.3	563.5	562.8	562.0	561.3	560.6	7.0	8.8	10.7	12.6	14.5	31.4	18.3	20.2	47.0	48.9	23.9	48.9	-	-	33.8	-	-
Net debt	140.7	46.8	(283.8)	(275.7)	(263.7)	(264.2)	(243.7)	(140.7)	(134.1)	(194.0)	(199.6)	(161.5)	(154.9)	(122.4)	(112.3)	(104.8)	(110.9)	(123.5)
Working Capital	236.1	300.7	288.5	659.4	663.3	642.6	619.9	570.6	558.5	590.4	556.9	525.3	511.0	683.2	677.7	680.9	686.2	696.0
Book Value	569.6	630.3	628.1	608.7	594.3	575.4	411.2	361.1	348.9	381.1	342.9	306.9	289.0	248.9	242.6	246.3	249.3	259.5
Tangible Book Value	386.2	444.0	438.0	457.7	462.1	441.3	291.1	240.6	228.0	259.8	224.7	188.7	170.7	130.7	124.4	128.1	131.1