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Upwork Inc. UPWK Escrow funds payable

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Other financials

Income statement

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Revenue$195.5M+1.4%
Gross profit$150.8M0.0%
Operating income$32.7M-15.4%
Net income$31.5M-16.6%
EPS (diluted)$0.24-11.1%

Balance sheet

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Cash & equivalents$535.9M+2.2%
Total debt$739.7M+99.7%
Total equity$569.6M-4.2%
Total assets$1.2B+0.2%

Cash flow

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Operating cash flow$23.0M-37.7%
CapEx$1.7M-30.3%
Free cash flow$21.3M-38.3%

Valuation

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Market cap$970.85M-43.9%
Enterprise value$1.17B-25.4%
P/E8.9×+1.5×
P/S1.2×-1.0×

Profitability

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Gross margin77.5%-0.2pp
Operating margin15.6%+3.8pp
Net margin13.8%-16.7pp
FCF margin29%+7.0pp

Returns & leverage

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Return on equity18.8%-31.0pp
Debt / equity1.3×+0.7×
Current ratio1.4×-2.0×

Where this comes from

Reported directly by Upwork Inc. in its filing.

Tagged under the XBRL concept upwk:EscrowFundsPayable.

The official record: Upwork Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Upwork Inc.'s escrow funds payable?
Upwork Inc. (UPWK) reported escrow funds payable of $203.69M in Q1 2026.
How has Upwork Inc.'s escrow funds payable changed year-over-year?
Upwork Inc.'s escrow funds payable decreased by 5.7% year-over-year, from $215.94M to $203.69M.
What is the long-term trend for Upwork Inc.'s escrow funds payable?
Over 5 years (2020 to 2025), Upwork Inc.'s escrow funds payable has grown at a 6.0% compound annual growth rate (CAGR), from $135.04M to $180.75M.
What does escrow funds payable mean?
Reflects the company's obligation to pay out funds held in escrow to freelancers or clients upon the successful completion of contractual milestones. This liability corresponds directly to the escrow assets held by the company and represents the short-term cash outflow required to settle marketplace transactions. Monitoring this balance provides insight into the velocity of platform activity and pending payment obligations.