What is Upwork Inc.'s gain (loss) on extinguishment of debt?

Upwork Inc. (UPWK) reported gain (loss) on extinguishment of debt of $0 in Q4 2025.

What does gain (loss) on extinguishment of debt mean?

Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.

Upwork Inc. UPWK Gain (loss) on extinguishment of debt

Discontinued — last reported Q4 '25

Gain (loss) on extinguishment of debt at other companies

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$0—

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-$1.26M—

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First Advantage CorporationFA

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Opendoor Technologies IncOPEN

-$1M—

Douglas DynamicsPLOW

$0+100%

Segments

By segment

See full

Reportable Segment$0—

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

See full

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

See full

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

See full

Gross margin77.5%-0.2pp

Operating margin15.6%+3.8pp

Net margin13.8%-16.7pp

FCF margin29%+7.0pp

Returns & leverage

See full

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 us-gaap:GainsLossesOnExtinguishmentOfDebt.

The official record: Upwork Inc.’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Upwork Inc.'s gain (loss) on extinguishment of debt?: Upwork Inc. (UPWK) reported gain (loss) on extinguishment of debt of $0 in Q4 2025.
What does gain (loss) on extinguishment of debt mean?: Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.