What does palo alto, california — operating lease, liability mean?

The total present value of future lease payments for operating leases in Palo Alto, California, recognized as a liability on the balance sheet. This metric reflects the company's long-term financial obligation related to its physical presence in this region.

Upwork Inc. UPWK Palo Alto, California — Operating Lease, Liability

Other geography segments

Lisbon, Portugal

$3.5M—

Similar metrics at other companies

NRIXBrisbane, California — Operating lease, liability

$5.8M—

SMCISan Jose, California — Operating lease, liability

$14.3M—

ANNXBrisbane California — Operating Lease Liability

$25.4M-10.2%

NRIXOperating lease liabilities

$15.92M+160%

TARSOperating lease liability

$4.36M+2,788%

COCOLease liability

$3.13M+975%

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-41.3%

Enterprise value$1.22B-22.6%

P/E9.3×+1.9×

P/S1.3×-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 us-gaap:OperatingLeaseLiability.

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 — operating lease, liability?: Upwork Inc. (UPWK) reported palo alto, california — operating lease, liability of $3.7M in Q1 2026.
What does palo alto, california — operating lease, liability mean?: The total present value of future lease payments for operating leases in Palo Alto, California, recognized as a liability on the balance sheet. This metric reflects the company's long-term financial obligation related to its physical presence in this region.