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Upwork Inc. UPWK Business Segments — Net Income (Loss) Attributable to Parent

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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:NetIncomeLoss.

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 — net income (loss) attributable to parent?
Upwork Inc. (UPWK) reported business segments — net income (loss) attributable to parent of $31.46M in Q1 2026.
How has Upwork Inc.'s business segments — net income (loss) attributable to parent changed year-over-year?
Upwork Inc.'s business segments — net income (loss) attributable to parent decreased by 16.6% year-over-year, from $37.73M to $31.46M.
What is the long-term trend for Upwork Inc.'s business segments — net income (loss) attributable to parent?
Over 3 years (2022 to 2025), Upwork Inc.'s business segments — net income (loss) attributable to parent has grown at a 8.7% compound annual growth rate (CAGR), from -$89.89M to $115.43M.
What does business segments — net income (loss) attributable to parent mean?
This represents the final profit or loss generated by the business segment that is attributable to the parent company's shareholders. It serves as the primary indicator of the segment's financial health and its ability to generate value for the overall organization.