NASDAQ$UPWK

Upwork Inc · Q2 2019 earnings

Q2 2019 earnings · · Investor relations

Headline financials

Total Revenue

$74.3M

Previous: $62.7M+18.5%
EPS (adj)

$0.01

Previous: -$0.00+352.5%
Capital Expenditures

-$7.44M

No prior period
Free Cash Flow

-$9.46M

No prior period
Net Income

-$2.03M

Previous: -$412K-392.0%
Operating Income

-$2.48M

Previous: $329K-852.3%
Gross Profit

$52.7M

Previous: $42.2M+24.7%
Cash & Equivalents

$67.1M

No prior period
Total Assets

$449M

No prior period

Revenue & EPS history

Upwork · Revenue · Quarterly

$74.3M

Q2 2019+18.5%vs Q2 2018
Beat estimate in 3 of 10 quarters(30%)
ActualEstimate

Revenue by segment

Upwork · $174M total across 2 segments · Q3 2023

  • Marketplace
    $162M+11.5%
  • Enterprise
    $12.1M-3.2%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2019

Historical avgQ2 2019

+1.3%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-5.1%

Avg return

30 days after

47%

14 / 30 earnings

Positive

+48.0%

Q3 2020

Best reaction

-19.1%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.1%-20.7%-17.2%
Q4 2025-19.1%-29.6%-36.9%
Q3 2025+13.2%+11.6%+25.3%
Q1 2025+18.0%+26.7%+13.3%
Q4 2024+6.6%+8.6%-18.9%
Q3 2024+12.9%+10.4%+17.9%
Q2 2024-13.2%-16.5%-11.9%
Q1 2024+11.0%+7.9%-9.7%
Q4 2023-0.3%-1.4%-14.1%
Q3 2023+17.3%+21.8%+21.4%
Q2 2023+43.5%+44.6%+49.3%
Q1 2023-9.2%-8.6%-0.2%
Q4 2022-10.3%-11.0%-23.8%
Q3 2022+1.4%+5.0%-8.0%
Q2 2022-14.2%-16.5%-20.8%
Q1 2022+10.0%+15.8%-3.5%
Q4 2021-6.0%-8.7%-16.7%
Q3 2021-15.5%-15.4%-35.1%
Q2 2021-10.8%-10.5%-23.8%
Q1 2021-6.5%-4.1%+3.8%
Q4 2020+3.8%+4.8%-15.5%
Q3 2020+48.0%+42.7%+63.0%
Q2 2020-10.3%-11.7%-13.0%
Q1 2020+4.3%+19.3%+40.0%
Q4 2019+5.0%+1.4%-21.9%
Q3 2019-15.9%-19.5%-26.0%
Q2 2019+10.0%-3.0%-9.0%
Q1 2019-18.6%-20.3%-30.5%
Q4 2018-6.1%-4.1%-19.9%
Q3 2018-6.9%-8.8%-11.9%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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