← BackUPWORK, INC · Data processing and cloudUPWK
Low riskNext report: In 5 days (est.)
The short versionA profitable company with steady sales.
Going well
- Profitable
- Brings in more cash than it spends
Money moves
- Insiders sold $5K in the last 30 days
- Institutions added 0.4% to their holdings in the quarter ending June 2026 (174 bought, 134 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$9.53+0.5% that day
- Company value
- $1.2B
- Share price times all shares
- Price vs profit (P/E)
- 12.4x
- You pay about $12 for each $1 of yearly profit
- Price vs sales
- 1.5x
- Company value is 1.5 times a year of sales
- Cash vs value
- 40%
- A big cushion: cash is a large part of what the company is worth
- Debt vs value
- 30%
- Debt as a share of company value
From UPWK's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$191.7M-1.7% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $787.3M, up 1.9% from the 12 months before. Over 5 years, sales grew about 16% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.19.1%
- MissDebt under half of equityNot relying on borrowed money.0.57x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.14.7%
- MissProfitable every yearSteady profits, not one good year.3 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$242.5M
- MissShare count not growingNot diluting owners. Falling means buybacks.+7.8% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.77.8%
- Revenue
- $787.8M
- +2.4% vs prior year
- 5-year growth
- +16.1%/yr
- revenue, per year
- Total debt
- $359.8M
- 0.57x equity
- Current ratio
- 1.46x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $191.7M
- -1.7% YoY
- EPS
- $0.20
- vs $0.24
- Op. margin
- 14.7%
- -2.0 pts
- Gross margin
- 76.4%
- -1.3 pts
- Free cash flow
- $45.3M
- Share count
- -7.3%
- vs a year ago
Insider rating
Last 90 days
50Mixed
- 1 insider sold $5K (not pre-planned)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 1.5
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.4%Institutions added 0.4% to their holdings. 174 bought, 134 sold.
Shares held by institutions143.5M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-2.5%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.6x · $360.7M debtShares outstandingLatest reported
125MNext reportIn 5 days (est.)Estimated from the same quarter last year
- Results filedAug 10
- Results filedMay 7
- Results filedFeb 9
- Results filedNov 3, 2025
- Results filedAug 6, 2025
Insider trades
Open-market buys and sells, last 90 days Bought$00 insiders
Sold$5K1 insider, 0 pre-planned
| Insider | Trade | Shares | Avg price | Value | Owns after | Date |
|---|
Anthony Ray KappusGM & Chief Operating Officer | Sell | 559 | $8.43 | $5K | 77K | |
- -0.7% of their holdings
- Not a pre-planned sale
- Filed 1 day after
|
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
SoldAnthony Ray KappusGM & Chief Operating Officer
559 shares at $8.43 · $5K
- -1% of holdings
- Now owns 77,196 shares
- Not a pre-planned sale
- Filed 1 day after trade
- Also: Option exercise
SoldHayden BrownPresident & CEO, Director
23,893 shares at $8.45 · $202K
- -3% of holdings
- Now owns 793,593 shares
- Not a pre-planned sale
- Filed 4 days after trade
- Also: Option exercise
SoldErica GessertChief Financial Officer
9,336 shares at $8.45 · $79K
- -2% of holdings
- Now owns 373,586 shares
- Not a pre-planned sale
- Filed 4 days after trade
- Also: Option exercise
SoldAnthony Ray KappusGM & Chief Operating Officer
45,732 shares at $8.45 · $386K
- -37% of holdings
- Now owns 76,342 shares
- Not a pre-planned sale
- Filed 4 days after trade
- Also: Option exercise
SoldSabrina MekhalfaChief Accounting Officer
1,299 shares at $8.45 · $11K
- -16% of holdings
- Now owns 6,675 shares
- Not a pre-planned sale
- Filed 4 days after trade
- Also: Option exercise
SoldAnthony Ray KappusGM & Chief Operating Officer
1,964 shares at $8.43 · $17K
- -21% of holdings
- Now owns 7,214 shares
- Not a pre-planned sale
- Filed 2 days after trade
- Also: Option exercise