What does palo alto, california — monthly rent expense mean?

The recurring monthly cash outflow associated with rent payments for properties leased in Palo Alto, California. This provides a clear view of the fixed operating costs tied to the company's physical headquarters and regional operations.

Upwork Inc. UPWK Palo Alto, California — Monthly rent expense

Similar metrics at other companies

HTF

HTFLSan Francisco California — Lessee Operating Lease Monthly Payment

$47.4K—

EVMNRent expense

$2.5K—

IES

IESCRent expense

$6.79M+15.6%

RVMDRedwood City California — Payments For Proceeds From Tenant Allowance

$20.3M+24.5%

WLDNOperating Lease Rent Expenses

$1.6M-11.1%

HWK

HWKNRent expense

$950K—

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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Questions, answered.

What is Upwork Inc.'s palo alto, california — monthly rent expense?: Upwork Inc. (UPWK) reported palo alto, california — monthly rent expense of $100K in Q1 2026.
What does palo alto, california — monthly rent expense mean?: The recurring monthly cash outflow associated with rent payments for properties leased in Palo Alto, California. This provides a clear view of the fixed operating costs tied to the company's physical headquarters and regional operations.