Upwork Inc
Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including administrative support, sales and marketing, design and creative,… Read more
Upwork Inc (UPWK) - Total Assets
Latest total assets as of December 2025: $1.30 Billion USD
Based on the latest financial reports, Upwork Inc (UPWK) holds total assets worth $1.30 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Upwork Inc - Total Assets Trend (2016–2025)
This chart illustrates how Upwork Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Upwork Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Upwork Inc's total assets of $1.30 Billion consist of 73.2% current assets and 26.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 22.7% |
| Accounts Receivable | $76.24 Million | 5.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $37.16 Million | 2.9% |
| Goodwill | $149.19 Million | 11.5% |
Asset Composition Trend (2016–2025)
This chart illustrates how Upwork Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Upwork Inc's current assets represent 73.2% of total assets in 2025, an increase from 46.7% in 2016.
- Cash Position: Cash and equivalents constituted 22.7% of total assets in 2025, up from 11.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, a decrease from 51.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 11.5% of total assets.
Upwork Inc Competitors by Total Assets
Key competitors of Upwork Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SportsHero Limited
PINK:NIROF
|
USA | $527.01K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
Upwork Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Upwork Inc generates 0.61x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Upwork Inc generates $8.88 in net profit.
Upwork Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.46 | 3.39 | 1.74 |
| Quick Ratio | 1.46 | 3.39 | 1.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $300.67 Million | $ 642.62 Million | $ 167.88 Million |
Upwork Inc - Advanced Valuation Insights
This section examines the relationship between Upwork Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.72 |
| Latest Market Cap to Assets Ratio | 1.12 |
| Asset Growth Rate (YoY) | 7.3% |
| Total Assets | $1.30 Billion |
| Market Capitalization | $1.46 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Upwork Inc's assets above their book value (1.12 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Upwork Inc's assets grew by 7.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Upwork Inc (2016–2025)
The table below shows the annual total assets of Upwork Inc from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $1.30 Billion | +7.26% |
| 2024-12-31 | $1.21 Billion | +16.78% |
| 2023-12-31 | $1.04 Billion | -3.95% |
| 2022-12-31 | $1.08 Billion | -0.08% |
| 2021-12-31 | $1.08 Billion | +104.27% |
| 2020-12-31 | $529.23 Million | +18.56% |
| 2019-12-31 | $446.38 Million | +14.00% |
| 2018-12-31 | $391.57 Million | +42.29% |
| 2017-12-31 | $275.19 Million | +10.25% |
| 2016-12-31 | $249.60 Million | -- |