Company
Upwork Inc.
Headquarters: Santa Clara, CA, United States
Founded: 1999
Employees: 650
CEO: Ms. Hayden Brown
Market Cap
$2.17 Billion
USD as of Jan. 1, 2025
Top Competitors by Market Capitalization
Industry: Staffing & Employment Services
| Company | Market Cap (USD) |
|---|---|
| Automatic Data Processing, Inc. | $120.53 B |
| Recruit Holdings Co Ltd | $102.87 B |
| Ergo Science Corp | $55.23 B |
| Paychex, Inc. | $52.12 B |
| Randstad N.V. | $7.71 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| General Electric | $215.60 B |
| Caterpillar | $196.21 B |
| CATL | $161.15 B |
| Siemens | $159.05 B |
| RTX Corporation | $156.73 B |
Detailed Description
Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including sales and marketing, customer service, data science and analytics, design and creative, web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company's work marketplace offers access to various functionalities for remote engagements with talent, including communication and collaboration, ability to receive talent invoices through their work marketplace, and payment protection. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Enterprise, and Upwork Payroll, as well as managed and internet escrow agency services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was incorporated in 2013 and is headquartered in San Francisco, California.
Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | $761.8 M |
| EBITDA | $1.5 M |
| Gross Profit TTM | $584.5 M |
| Profit Margin | 11.26% |
| Operating Margin | 10.73% |
| Quarterly Revenue Growth | 10.30% |
Stocks & Indices
Upwork Inc. has the following listings and related stock indices.
Stock: NASDAQ: UPWK wb_incandescent
Stock: BMV: UPWK wb_incandescent
Stock: FSX: UP2 wb_incandescent
Key People
Founder(s): Beerud Sheth Srini Anumolu Sanjay Noronha Odysseas Tsatalos Stratis Karamanlakis
Hayden Brown (CEO) Thomas Layton (Chairman)