What is Upwork Inc.'s lisbon, portugal — monthly rent expense?

Upwork Inc. (UPWK) reported lisbon, portugal — monthly rent expense of $100K in Q1 2026.

What does lisbon, portugal — monthly rent expense mean?

This metric captures the recurring monthly cash outflow associated with leasing office or operational space in Lisbon, Portugal. It serves as a key component of the company's regional operating expenses and overhead. Tracking this allows for the analysis of regional cost trends and the impact of real estate commitments on overall profitability.

Upwork Inc. UPWK Lisbon, Portugal — Monthly rent expense

Similar metrics at other companies

MANSouthern Europe — Lease Cost

$0-100%

WLDNOperating Lease Rent Expenses

$1.6M-11.1%

SEPNOperating Lease Expense

$566K+9.7%

HWK

HWKNRent expense

$950K—

FFBCLease Payments

$2.61M+24.4%

SPSCLease Payments

$1.24M-15.1%

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$1.02B-43.9%

Enterprise value$1.22B-25.4%

P/E9.3×+1.6×

P/S1.3×-1.1×

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:OperatingLeaseRentExpenseMonthly.

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

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What is Upwork Inc.'s lisbon, portugal — monthly rent expense?: Upwork Inc. (UPWK) reported lisbon, portugal — monthly rent expense of $100K in Q1 2026.
What does lisbon, portugal — monthly rent expense mean?: This metric captures the recurring monthly cash outflow associated with leasing office or operational space in Lisbon, Portugal. It serves as a key component of the company's regional operating expenses and overhead. Tracking this allows for the analysis of regional cost trends and the impact of real estate commitments on overall profitability.