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Balance Sheets Overview

Current Ratio
142.42%
Quick Ratio
142.42%
Cash Ratio
74.59%
Debt to Asset Ratio
52.04%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Funds held in escrow, including ...
    • Goodwill
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Debt, current
    • Escrow funds payable
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
476,040
328,400
294,356
260,838
Marketable securities
138,204
251,334
378,425
382,259
Funds held in escrow, including funds in transit
193,269
203,685
180,752
211,373
Trade and client receivables net of allowance of 6,754 and 5,919 as of june30, 2026 and december31, 2025, respectively
76,459
75,911
76,236
76,433
Prepaid expenses and other current assets
25,018
23,971
21,064
18,048
Total current assets
908,990
883,301
950,833
948,951
Property and equipment, net
58,605
49,278
44,421
40,373
Goodwill
149,192
149,192
149,192
150,471
Gross carrying amount
48,788
48,788
48,788
48,788
Accumulated amortization
17,470
14,557
11,627
9,132
Intangible assets, net
31,318
34,231
37,161
39,656
Operating lease asset
12,217
12,656
5,011
5,188
Deferred tax asset
109,860
111,402
111,495
125,065
Other assets, noncurrent
4,222
1,892
1,467
1,505
Total assets
1,274,404
1,241,952
1,299,580
1,311,209
Accounts payable
7,030
11,092
7,858
8,514
Escrow funds payable
193,269
203,685
180,752
211,373
Debt, current
360,691
360,231
359,770
359,310
Accrued expenses and other current liabilities
68,683
63,994
94,023
73,336
Deferred revenue
8,576
8,199
7,765
7,943
Total current liabilities
638,249
647,201
650,168
660,476
Debt, noncurrent
-
-
0
0
Operating lease liability, noncurrent
14,367
15,197
9,707
10,131
Other liabilities, noncurrent
10,522
9,927
9,390
12,476
Total liabilities
663,138
672,325
669,265
683,083
Common stock, 0.0001 par value 490,000,000 shares authorized as of june30, 2026 and december 31, 2025 124,797,586 and 130,545,236 shares issued and outstanding as of june30, 2026 and december 31, 2025, respectively
12
12
13
13
Additional paid-in capital
517,479
501,066
592,599
605,931
Accumulated and other comprehensive (loss) income
-39
139
754
867
Retained earnings
93,814
68,410
36,949
21,315
Total stockholders equity
611,266
569,627
630,315
628,126
Total liabilities and stockholders equity
1,274,404
1,241,952
1,299,580
1,311,209
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$476,040K (63.55%↑ Y/Y)Funds held in escrow,including funds in transit$193,269K (-8.85%↓ Y/Y)Marketable securities$138,204K (-59.77%↓ Y/Y)Trade and clientreceivables net of allowance...$76,459K (7.34%↑ Y/Y)Prepaid expenses andother current assets$25,018K (18.34%↑ Y/Y)Gross carrying amount$48,788K (221.23%↑ Y/Y)Total current assets$908,990K (-3.19%↓ Y/Y)Goodwill$149,192K (5.46%↑ Y/Y)Deferred tax asset$109,860K (-13.30%↓ Y/Y)Property and equipment,net$58,605K (53.78%↑ Y/Y)Intangible assets, net$31,318K (228.80%↑ Y/Y)Operating lease asset$12,217K (127.63%↑ Y/Y)Other assets,noncurrent$4,222K (173.45%↑ Y/Y)Accumulated amortization$17,470K (208.49%↑ Y/Y)Total assets$1,274,404K (1.01%↑ Y/Y)Total liabilities andstockholders equity$1,274,404K (1.01%↑ Y/Y)Total liabilities$663,138K (1.54%↑ Y/Y)Total stockholdersequity$611,266K (0.43%↑ Y/Y)Accumulated and othercomprehensive (loss) income-$39K (-105.39%↓ Y/Y)Total currentliabilities$638,249K (128.25%↑ Y/Y)Operating leaseliability, noncurrent$14,367K (38.80%↑ Y/Y)Other liabilities,noncurrent$10,522K (148.28%↑ Y/Y)Additional paid-in capital$517,479K (-15.99%↓ Y/Y)Retained earnings$93,814K (1269.75%↑ Y/Y)Common stock, 0.0001par value...$12K (-7.69%↓ Y/Y)Debt, current$360,691K Escrow funds payable$193,269K (-8.85%↓ Y/Y)Accrued expenses andother current...$68,683K (16.88%↑ Y/Y)Deferred revenue$8,576K (9.92%↑ Y/Y)Accounts payable$7,030K (584.52%↑ Y/Y)

UPWORK, INC (UPWK)

UPWORK, INC (UPWK)