What is Upwork Inc.'s interest expense?

Upwork Inc. (UPWK) reported interest expense of $711K in Q3 2023.

How has Upwork Inc.'s interest expense changed year-over-year?

Upwork Inc.'s interest expense decreased by 36.3% year-over-year, from $1.12M to $711K.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

Upwork Inc. UPWK Interest Expense

Discontinued — last reported Q3 '23

Interest Expense at other companies

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$10.1M+153%

ThredUp Inc.TDUP

$384K-25.3%

CarGurus, Inc.CARG

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eBayEBAY

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CNX

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$3.36M-13.8%

Segments

By segment

See full

Reportable Segment$704K+2.6%

Other financials

Income statement

See full

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

See full

Market cap$1.02B-43.9%

Enterprise value$1.22B-25.4%

P/E9.3×+1.6×

P/S1.3×-1.1×

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:InterestExpense.

The official record: Upwork Inc.’s 10-Q, filed November 7, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Upwork Inc.'s interest expense?: Upwork Inc. (UPWK) reported interest expense of $711K in Q3 2023.
How has Upwork Inc.'s interest expense changed year-over-year?: Upwork Inc.'s interest expense decreased by 36.3% year-over-year, from $1.12M to $711K.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.