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Upwork Inc. UPWK Business Segments — Interest Expense

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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$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:InterestExpenseNonoperating.

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 business segments — interest expense?
Upwork Inc. (UPWK) reported business segments — interest expense of $704K in Q1 2026.
How has Upwork Inc.'s business segments — interest expense changed year-over-year?
Upwork Inc.'s business segments — interest expense increased by 2.6% year-over-year, from $686K to $704K.
What is the long-term trend for Upwork Inc.'s business segments — interest expense?
Over 3 years (2022 to 2025), Upwork Inc.'s business segments — interest expense has grown at a -11.1% compound annual growth rate (CAGR), from $4.48M to $3.15M.
What does business segments — interest expense mean?
Captures the cost of servicing the company's debt obligations, including interest on notes or other credit facilities. This metric is essential for assessing the company's financial leverage and the burden of its capital structure on net earnings.