What does palo alto, california — number of operating leases mean?

The total count of active operating lease agreements held by the company for facilities located in the Palo Alto, California region. This metric provides insight into the company's physical footprint and real estate diversification within its primary corporate hub.

Upwork Inc. UPWK Palo Alto, California — Number of operating leases

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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:NumberOfOperatingLeases.

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 palo alto, california — number of operating leases?: Upwork Inc. (UPWK) reported palo alto, california — number of operating leases of 2 in Q1 2026.
What does palo alto, california — number of operating leases mean?: The total count of active operating lease agreements held by the company for facilities located in the Palo Alto, California region. This metric provides insight into the company's physical footprint and real estate diversification within its primary corporate hub.